Surf Air Mobility financials
$1.20+0.84%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $29.5M | $25.6M | $26.4M | $29.2M | $27.4M | $23.5M | $28.0M | $28.4M | $32.4M | $30.6M | $26.8M | $22.0M |
| Gross profit | $62.0K | -$333.0K | $768.0K | $1.5M | $3.4M | -$1.2M | $1.8M | $890.0K | $4.6M | $2.1M | -$773.0K | $1.4M |
| Gross margin | 0.2% | −1.3% | 2.9% | 5.2% | 12.3% | −5.1% | 6.5% | 3.1% | 14.3% | 7.0% | −2.9% | 6.2% |
| Operating income | -$18.8M | -$13.4M | -$25.9M | -$16.5M | -$15.9M | -$18.6M | $8.1M | -$8.6M | -$25.3M | -$34.5M | -$48.5M | -$63.0M |
| Net income | -$28.1M | -$20.3M | -$36.9M | -$27.2M | -$28.0M | -$18.5M | $1.3M | -$12.2M | -$27.0M | -$37.0M | -$111.0M | -$74.6M |
| Net margin | −95.3% | −79.1% | −139.4% | −93.3% | −102.1% | −78.6% | 4.5% | −43.1% | −83.4% | −120.7% | −413.6% | −339.6% |
| Diluted EPS | $-0.29 | $-0.26 | $-0.61 | $-0.64 | $-1.34 | $-1.09 | $0.08 | $-0.94 | $-2.31 | $-3.35 | $-6.38 | $-9.55 |
| EBITDA | -$16.3M | -$10.8M | -$23.6M | -$14.1M | -$13.5M | -$16.4M | $10.3M | -$6.5M | -$23.2M | -$32.5M | -$46.6M | -$61.7M |
| Operating cash flow | -$1.2M | -$12.3M | -$18.4M | -$19.3M | -$10.6M | -$15.8M | -$23.6M | -$12.3M | -$5.6M | -$12.8M | -$19.3M | -$24.5M |
| Free cash flow | -$8.0M | -$15.0M | -$20.1M | -$21.1M | -$11.9M | -$17.1M | -$32.7M | -$13.6M | -$6.3M | -$13.5M | -$23.4M | -$35.9M |
| Diluted shares | 98.4M | 76.9M | 60.2M | 42.4M | 20.9M | 16.9M | 15.9M | 13.0M | 11.7M | 11.0M | 17.4M | 7.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $18.4M | $4.2M | $12.7M | $7.1M | $22.6M | $6.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $69.1M | $76.3M | $85.5M | $71.5M | $70.3M | $64.1M |
| Total assets | $140.7M | $120.8M | $131.7M | $106.8M | $129.0M | $105.3M |
| Total liabilities | $183.2M | $177.4M | $186.5M | $199.3M | $244.5M | $240.9M |
| Shareholders' equity | -$42.5M | -$63.2M | -$54.9M | -$92.6M | -$115.5M | -$135.6M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology