Growth Metrics

Surf Air Mobility (SRFM) Research & Development (2022 - 2026)

Surf Air Mobility recorded quarterly Research & Development of $2.4 million in Q1 2026, up 6.91% quarter-over-quarter from $2.3 million in Q4 2025, and down 8.77% year-over-year from $2.7 million in Q1 2025.

Surf Air Mobility's Research & Development history runs 5 years deep, the most recent figure standing at $2.4 million for Q1 2026.

  • In Q1 2026, Research & Development fell 8.77% year-over-year to $2.4 million; the TTM figure through Mar 2026 stood at $9.8 million (down 50.32% YoY), while the FY2025 annual figure was $10.3 million, down 57.16% from the prior year.
  • Research & Development came in at $2.4 million for Q1 2026 at Surf Air Mobility, up from $2.3 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $16.3 million in Q4 2023 to a low of $716000.0 in Q2 2022.
  • A 5-year average of $3.7 million and a median of $2.6 million in 2025 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development soared 1384.47% in 2023 and slumped 65.35% in 2024, its largest moves.
  • Surf Air Mobility's Research & Development stood at $1.1 million in 2022, then jumped by 1384.47% to $16.3 million in 2023, then plunged by 65.35% to $5.7 million in 2024, then sank by 59.62% to $2.3 million in 2025, then increased by 6.91% to $2.4 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $2.4 million, $2.3 million, and $2.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn 649.00 Mn
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn -
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn -
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - -
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn -
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn -
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn -
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn -
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn -
10 Surf Air Mobility 95.32 Mn 91.16 Mn 23.65 Mn 2.45 Mn

Historic Data

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DateValue
Mar 31, 2026 2.45 Mn
Dec 31, 2025 2.29 Mn
Sep 30, 2025 2.33 Mn
Jun 30, 2025 2.73 Mn
Mar 31, 2025 2.68 Mn
Dec 31, 2024 5.66 Mn
Sep 30, 2024 5.71 Mn
Jun 30, 2024 5.66 Mn
Mar 31, 2024 7.01 Mn
Dec 31, 2023 16.34 Mn
Sep 30, 2023 2.88 Mn
Jun 30, 2023 816,000.00
Mar 31, 2023 812,000.00
Dec 31, 2022 1.10 Mn
Sep 30, 2022 730,000.00
Jun 30, 2022 716,000.00