Surf Air Mobility (SRFM) Research & Development (2022 - 2026)
Surf Air Mobility (SRFM) posted Research & Development of $2.0 million for Q1 2026, down 61.34% sequentially from $5.1 million in Q4 2025, and down 26.64% YoY from $2.7 million in Q1 2025.
Surf Air Mobility (SRFM) Research & Development (2022 - 2026) Analysis & Trends
Surf Air Mobility has reported Research & Development for 5 years, with the latest figure at $2.0 million in Q1 2026.
- Quarterly Research & Development fell 26.64% year-over-year to $2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.8 million (up 2.0% YoY) and the FY2025 annual result came in at $10.3 million, up 37.06% from the prior year.
- Research & Development fell to $2.0 million in Q1 2026 per SRFM's latest filing, from $5.1 million in the prior quarter.
- Over five years, Research & Development peaked at $13.0 million in Q4 2023 and troughed at $645000.0 in Q4 2024.
- A 5-year average of $3.4 million and a median of $2.6 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2025: Research & Development plunged 95.04% in 2024, then soared 688.37% in 2025.
- Over 5 years, Research & Development stood at $3.0 million in 2022, then surged by 329.61% to $13.0 million in 2023, then slumped by 95.04% to $645000.0 in 2024, then jumped by 688.37% to $5.1 million in 2025, then slumped by 61.34% to $2.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $2.0 million, $5.1 million, and $2.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 726.00 Mn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 136.00 Mn |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | - |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 57.39 Mn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | - |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | - |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | 88.00 Mn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 35.19 Mn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | 64.00 Mn |
| 10 | Surf Air Mobility | 69.11 Mn | 50.68 Mn | 62,000.00 | 3.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.14 Mn |
| Mar 31, 2026 | 1.97 Mn |
| Dec 31, 2025 | 5.09 Mn |
| Sep 30, 2025 | 2.06 Mn |
| Jun 30, 2025 | 2.73 Mn |
| Mar 31, 2025 | 2.68 Mn |
| Dec 31, 2024 | 645,000.00 |
| Sep 30, 2024 | 5.71 Mn |
| Jun 30, 2024 | 2.58 Mn |
| Mar 31, 2024 | 7.01 Mn |
| Dec 31, 2023 | 13.00 Mn |
| Sep 30, 2023 | 4.53 Mn |
| Jun 30, 2023 | 816,000.00 |
| Mar 31, 2023 | 1.39 Mn |
| Dec 31, 2022 | 3.03 Mn |
| Sep 30, 2022 | 730,000.00 |
| Jun 30, 2022 | 716,000.00 |