Surf Air Mobility (SRFM) Operating Income (2022 - 2026)
Surf Air Mobility's (SRFM) quarterly Operating Income came in at -$13.4 million in Q1 2026, up 28.07% year-on-year from -$10.4 million in Q1 2025, and up 48.39% quarter-over-quarter from -$25.9 million in Q4 2025.
Surf Air Mobility (SRFM) Operating Income (2022 - 2026) Analysis & Trends
Surf Air Mobility has disclosed Operating Income across 5 years of filings, most recently posting -$13.4 million for Q1 2026.
- Operating Income for Q1 2026 came in at -$13.4 million, up 28.07% year-over-year; the trailing twelve-month figure through Mar 2026 was -$71.7 million (down 64083.93% YoY), and the FY2025 annual result was -$76.9 million, down 386.82% from the prior year.
- Operating Income came in at -$13.4 million for Q1 2026 at Surf Air Mobility, up from -$25.9 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $52.6 million in Q4 2024 to a low of -$108.5 million in Q4 2023.
- The 5-year median for Operating Income is -$15.7 million (2022), against an average of -$21.4 million.
- Across the five-year window, Operating Income sank 599.73% in 2023 and jumped 148.44% in 2024, its largest moves.
- Surf Air Mobility's Operating Income stood at -$15.5 million in 2022, then tumbled by 599.73% to -$108.5 million in 2023, then jumped by 148.44% to $52.6 million in 2024, then sank by 149.22% to -$25.9 million in 2025, then soared by 48.39% to -$13.4 million in 2026.
- The last three Operating Income figures came in at -$13.4 million (Q1 2026), -$25.9 million (Q4 2025), and -$16.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -590.64 Mn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 501.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 142.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 330.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 209.59 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -279.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 123.69 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -21.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -224.00 Mn |
| 10 | Surf Air Mobility | 89.56 Mn | 85.39 Mn | 23.65 Mn | -13.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.36 Mn |
| Dec 31, 2025 | -25.88 Mn |
| Sep 30, 2025 | -16.50 Mn |
| Jun 30, 2025 | -15.93 Mn |
| Mar 31, 2025 | -18.57 Mn |
| Dec 31, 2024 | 52.57 Mn |
| Sep 30, 2024 | -8.64 Mn |
| Jun 30, 2024 | -25.26 Mn |
| Mar 31, 2024 | -34.47 Mn |
| Dec 31, 2023 | -108.54 Mn |
| Sep 30, 2023 | -63.02 Mn |
| Jun 30, 2023 | -13.15 Mn |
| Mar 31, 2023 | -12.05 Mn |
| Dec 31, 2022 | -15.51 Mn |
| Sep 30, 2022 | -11.11 Mn |
| Jun 30, 2022 | -13.06 Mn |