Surf Air Mobility (SRFM) Operating Expenses (2022 - 2026)

Surf Air Mobility has disclosed Operating Expenses across 5 years of filings, most recently posting $39.0 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $39.0 million, down 7.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $180.3 million (up 15.11% YoY), and the FY2025 annual result was $183.4 million, up 2.09% from the prior year.
• Operating Expenses came in at $39.0 million for Q1 2026 at Surf Air Mobility, down from $52.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $135.4 million in Q4 2023 to a low of $16.2 million in Q3 2022.
• The 5-year median for Operating Expenses is $40.5 million (2025), against an average of $44.7 million.
• Across the five-year window, Operating Expenses soared 532.37% in 2023 and sank 85.27% in 2024, its largest moves.
• Surf Air Mobility's Operating Expenses stood at $21.4 million in 2022, then jumped by 532.37% to $135.4 million in 2023, then tumbled by 85.27% to $19.9 million in 2024, then surged by 162.41% to $52.3 million in 2025, then declined by 25.53% to $39.0 million in 2026.
• The last three Operating Expenses figures came in at $39.0 million (Q1 2026), $52.3 million (Q4 2025), and $45.7 million (Q3 2025), per Business Quant data.