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| Date | Value |
|---|---|
| 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 |