Growth Metrics

Surf Air Mobility (SRFM) Operating Expenses (2022 - 2025)

Surf Air Mobility's Operating Expenses history spans 4 years, with the latest figure at $45.7 million for Q3 2025.

  • For Q3 2025, Operating Expenses rose 23.36% year-over-year to $45.7 million; the TTM value through Sep 2025 reached $151.0 million, down 48.82%, while the annual FY2024 figure was $179.7 million, 30.16% down from the prior year.
  • Operating Expenses for Q3 2025 was $45.7 million at Surf Air Mobility, up from $43.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $135.4 million in Q4 2023 and bottomed at $10.2 million in Q2 2022.
  • The 4-year median for Operating Expenses is $39.5 million (2024), against an average of $44.0 million.
  • The largest annual shift saw Operating Expenses skyrocketed 532.37% in 2023 before it plummeted 85.27% in 2024.
  • A 4-year view of Operating Expenses shows it stood at $21.4 million in 2022, then surged by 532.37% to $135.4 million in 2023, then tumbled by 85.27% to $19.9 million in 2024, then skyrocketed by 129.05% to $45.7 million in 2025.
  • Per Business Quant, the three most recent readings for SRFM's Operating Expenses are $45.7 million (Q3 2025), $43.4 million (Q2 2025), and $42.1 million (Q1 2025).