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
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 |