Surf Air Mobility (SRFM) Operating Income (2022 - 2026)
Surf Air Mobility (SRFM) posted Operating Income of -$13.4 million for Q1 2026, up 48.39% sequentially from -$25.9 million in Q4 2025, and up 28.07% YoY from -$10.4 million in Q1 2025.
Surf Air Mobility (SRFM) Operating Income (2022 - 2026) Analysis & Trends
Surf Air Mobility has reported Operating Income for 5 years, with the latest figure at -$13.4 million in Q1 2026.
- Quarterly Operating Income rose 28.07% year-over-year to -$13.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$71.7 million (down 61.57% YoY) and the FY2025 annual result came in at -$76.9 million, down 27.58% from the prior year.
- Operating Income grew to -$13.4 million in Q1 2026 per SRFM's latest filing, from -$25.9 million in the prior quarter.
- Over five years, Operating Income peaked at $8.1 million in Q4 2024 and troughed at -$108.5 million in Q4 2023.
- A 5-year average of -$24.2 million and a median of -$15.7 million in 2022 frame the typical range for Operating Income.
- The sharpest annual moves came in 2023 and 2024: Operating Income sank 599.73% in 2023, then soared 107.47% in 2024.
- Over 5 years, Operating Income stood at -$15.5 million in 2022, then tumbled by 599.73% to -$108.5 million in 2023, then soared by 107.47% to $8.1 million in 2024, then sank by 419.1% to -$25.9 million in 2025, then surged by 48.39% to -$13.4 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$13.4 million, -$25.9 million, and -$16.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | 1.86 Bn |
| 2 | Ryanair Holdings | 29.15 Bn | 25.94 Bn | - | 668.82 Mn |
| 3 | Southwest Airlines | 19.61 Bn | 15.82 Bn | 7.33 Bn | 285.00 Mn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | 91.66 Mn |
| 5 | Alaska Air | 4.47 Bn | 1.81 Bn | 3.76 Bn | -168.00 Mn |
| 6 | Skywest | 4.02 Bn | 3.42 Bn | 1.01 Bn | 155.83 Mn |
| 7 | Allegiant Travel | 1.84 Bn | 781.65 Mn | 902.77 Mn | 21.11 Mn |
| 8 | Jetblue Airways | 1.80 Bn | -215.94 Mn | 2.32 Bn | -141.00 Mn |
| 9 | Frontier Group Holdings | 1.34 Bn | 381.17 Mn | - | -97.00 Mn |
| 10 | Surf Air Mobility | 70.42 Mn | 51.99 Mn | 62,000.00 | -18.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -18.80 Mn |
| 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 | 8.11 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 |