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

Surf Air Mobility's (SRFM) quarterly Research & Development came in at $2.4 million in Q1 2026, down 8.77% year-on-year from $2.7 million in Q1 2025, and up 6.91% quarter-over-quarter from $2.3 million in Q4 2025.

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

Surf Air Mobility has disclosed Research & Development across 5 years of filings, most recently posting $2.4 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $2.4 million, down 8.77% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.8 million (down 50.32% YoY), and the FY2025 annual result 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.
  • The 5-year median for Research & Development is $2.6 million (2025), against an average of $3.7 million.
  • Across the five-year window, Research & Development surged 1384.47% in 2023 and tumbled 65.35% in 2024, its largest moves.
  • Surf Air Mobility's Research & Development stood at $1.1 million in 2022, then soared by 1384.47% to $16.3 million in 2023, then sank by 65.35% to $5.7 million in 2024, then slumped by 59.62% to $2.3 million in 2025, then grew by 6.91% to $2.4 million in 2026.
  • The last three Research & Development figures came in at $2.4 million (Q1 2026), $2.3 million (Q4 2025), and $2.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn -
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 649.00 Mn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn -
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn -
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn -
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn -
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn -
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn -
10 Surf Air Mobility 89.56 Mn 85.39 Mn 23.65 Mn 2.45 Mn

Historic Data

Download Data
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