Surf Air Mobility financials
$1.20+0.84%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 |
|---|---|---|---|
| Revenue | $106.6M | $119.4M | $60.5M |
| Gross profit | $4.2M | $9.5M | -$1.4M |
| Gross margin | 3.9% | 7.9% | −2.3% |
| Operating income | -$76.9M | -$60.3M | -$136.7M |
| Net income | -$110.6M | -$74.9M | -$250.7M |
| Net margin | −103.8% | −62.7% | −414.3% |
| Diluted EPS | $-3.15 | $-5.80 | $-44.46 |
| EBITDA | -$67.6M | -$51.9M | -$133.0M |
| Operating cash flow | -$64.2M | -$54.3M | -$64.4M |
| Free cash flow | -$70.1M | -$66.1M | -$72.0M |
| Diluted shares | 35.1M | 12.9M | 5.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|
| Cash & equivalents | $12.7M | $21.1M | $1.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 |
| Total debt | $85.5M | $63.7M | $34.9M |
| Total assets | $131.7M | $124.1M | $111.0M |
| Total liabilities | $186.5M | $244.1M | $188.5M |
| Shareholders' equity | -$54.9M | -$120.0M | -$77.5M |
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