Surf Air Mobility (SRFM) Net Margin (2022 - 2026)

Surf Air Mobility (SRFM) reported Net Margin of 79.11% for Q1 2026, down 55.0% on a YoY basis from 175.8% in Q1 2025, and up 43.27% sequentially from 139.44% in Q4 2025.

Surf Air Mobility (SRFM) Net Margin (2022 - 2026) Analysis & Trends

Surf Air Mobility (SRFM) has 5 years of Net Margin data on file, last reported at 79.11% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 55.0% year-over-year to 79.11%; the trailing twelve-month figure through Mar 2026 stood at 103.39% (down 6697.0% YoY), and the FY2025 full-year result was 103.75%, down 5401.0% from the prior year.
  • Net Margin grew to 79.11% in Q1 2026, from 139.44% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 59.78% in Q4 2024 to a low of 718.64% in Q2 2023.
  • A 5-year average of 232.83% and a median of 130.07% in 2024 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin sank 29986 bps in 2023 and jumped 63528 bps in 2024, its largest moves.
  • Tracing SRFM's Net Margin over 5 years: stood at 360.36% in 2022, then retreated by 16 bps to 417.97% in 2023, then soared by 114 bps to 59.78% in 2024, then slumped by 333 bps to 139.44% in 2025, then soared by 43 bps to 79.11% in 2026.
  • Business Quant data shows SRFM's Net Margin at 79.11% in Q1 2026, 139.44% in Q4 2025, and 93.28% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Latam Airlines 30,820.50 Bn 30,817.83 Bn 1.28 Mn 0.01%
2 Ryanair Holdings 60.62 Bn 57.43 Bn - -
3 Delta Air Lines 56.47 Bn 51.80 Bn 19.07 Bn 8.12%
4 Southwest Airlines 22.19 Bn 18.40 Bn 7.33 Bn 2.76%
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.95 Bn 8.12 Bn - -14.78%
6 Copa Holdings 5.72 Bn 4.39 Bn 713.71 Mn 21.94%
7 Alaska Air 5.41 Bn 3.64 Bn 3.20 Bn -5.85%
8 Skywest 4.36 Bn 3.75 Bn 1.01 Bn 9.13%
9 Jetblue Airways 2.00 Bn 1.59 Bn 1.87 Bn -14.24%
10 Surf Air Mobility 60.58 Mn 56.41 Mn -333,000.00 -79.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 -79.11%
Dec 31, 2025 -139.44%
Sep 30, 2025 -93.28%
Jun 30, 2025 -102.07%
Mar 31, 2025 -78.56%
Dec 31, 2024 59.78%
Sep 30, 2024 -43.07%
Jun 30, 2024 -83.37%
Mar 31, 2024 -120.71%
Dec 31, 2023 -417.97%
Sep 30, 2023 -339.64%
Jun 30, 2023 -718.64%
Mar 31, 2023 -374.07%
Dec 31, 2022 -360.36%
Sep 30, 2022 -415.98%
Jun 30, 2022 -418.78%