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Surf Air Mobility Inc. logo

Surf Air Mobility Inc.

SRFM

NYSEIndustrialsAirlines, Airports & Air Services

Open in GoAI

Previous close

$0.72

+$0.0125 · +1.77%

Aug 21, 4:00 PM ET

SRFM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

25

Expensive

Momentum

16

Strong Down

Sentiment

60

Mixed

Risk resilience

16

Extreme Risk

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Company profile

Company website

Surf Air Mobility Inc. is a U.S.-based company specializing in electric aviation and broader air travel services. The firm provides an air mobility platform that includes both regular, scheduled flight routes and customized, on-demand charter services, with the latter being operated by partner carriers. Additionally, Surf Air Mobility offers aerial logistics and cargo transportation. Its corporate headquarters are situated in Hawthorne, California.

Industry
Airlines, Airports & Air Services
Sector
Industrials
Headquarters
US
CEO
Deanna White
Listed since
Jul 28, 2023
Employees
506

Market position

Day range

Current $0.72

52-week range

Current $0.72

Open
$0.7406
Previous close
$0.7075
Volume
2.13M
0.37× average
Average volume
5.77M
Average daily volume
Market cap
79.92M USD
Beta
2.84
Market reference 1
50-day average
$0.8707
-17.31% below average
200-day average
$1.6001
-55.00% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
138.89M USD
P/E (TTM)
-0.34×
P/B (TTM)
-1.67×
P/S (TTM)
0.72×
EV / EBITDA
-1.57×
Earnings yield
-162.35%
Free cash flow yield
-106.54%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-0.74%
Operating margin
-67.30%
Net margin
-101.58%
Return on equity
201.53%
Return on assets
-83.96%
Return on invested capital
-163.11%

Financial health

Debt / equity
-2.12×
Current ratio
0.32×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends50%-119%-288%-457%Gross margin, FY2021: -31.78%Gross margin, FY2022: -27.51%Gross margin, FY2023: -8.55%Gross margin, FY2024: 7.95%Gross margin, FY2025: 3.92%Operating margin, FY2021: -282.68%Operating margin, FY2022: -251.08%Operating margin, FY2023: -325.21%Operating margin, FY2024: -50.46%Operating margin, FY2025: -72.14%Net margin, FY2021: -303.31%Net margin, FY2022: -366.79%Net margin, FY2023: -414.34%Net margin, FY2024: -62.72%Net margin, FY2025: -103.75%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -31.78%. Gross margin FY2022 -27.51%. Gross margin FY2023 -8.55%. Gross margin FY2024 7.95%. Gross margin FY2025 3.92%. Operating margin FY2021 -282.68%. Operating margin FY2022 -251.08%. Operating margin FY2023 -325.21%. Operating margin FY2024 -50.46%. Operating margin FY2025 -72.14%. Net margin FY2021 -303.31%. Net margin FY2022 -366.79%. Net margin FY2023 -414.34%. Net margin FY2024 -62.72%. Net margin FY2025 -103.75%.

Income trends

Revenue

106.56M USD-10.77%

Operating income

−76.87M USD-27.58%

Net income

−110.56M USD-47.59%
Income trends across reported periods156.44M USD8.39M USD−139.66M USD−287.71M USDRevenue, FY2021: 11.8M USDRevenue, FY2022: 20.27M USDRevenue, FY2023: 60.51M USDRevenue, FY2024: 119.43M USDRevenue, FY2025: 106.56M USDOperating income, FY2021: −33.35M USDOperating income, FY2022: −50.9M USDOperating income, FY2023: −196.77M USDOperating income, FY2024: −60.26M USDOperating income, FY2025: −76.87M USDNet income, FY2021: −35.78M USDNet income, FY2022: −74.36M USDNet income, FY2023: −250.7M USDNet income, FY2024: −74.91M USDNet income, FY2025: −110.56M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 11.8M USD. Revenue FY2022 20.27M USD. Revenue FY2023 60.51M USD. Revenue FY2024 119.43M USD. Revenue FY2025 106.56M USD. Operating income FY2021 −33.35M USD. Operating income FY2022 −50.9M USD. Operating income FY2023 −196.77M USD. Operating income FY2024 −60.26M USD. Operating income FY2025 −76.87M USD. Net income FY2021 −35.78M USD. Net income FY2022 −74.36M USD. Net income FY2023 −250.7M USD. Net income FY2024 −74.91M USD. Net income FY2025 −110.56M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue106.56M USD119.43M USD60.51M USD20.27M USD11.8M USD
Cost of goods sold102.38M USD109.93M USD65.68M USD25.85M USD15.55M USD
Gross profit4.18M USD9.49M USD−5.18M USD−5.58M USD−3.75M USD
Research and development10.3M USD24.04M USD20.85M USD3.29M USD2.96M USD
Selling, general, and administrative61.46M USD37.37M USD110.7M USD42.04M USD26.64M USD
Operating expenses81.06M USD69.75M USD191.59M USD45.33M USD29.6M USD
Interest expense13.21M USD8.62M USD2.97M USD596K USD2.14M USD
Depreciation and amortization9.29M USD8.34M USD3.76M USD1.03M USD1.05M USD
Operating income−76.87M USD−60.26M USD−196.77M USD−50.9M USD−33.35M USD
Net income−110.56M USD−74.91M USD−250.7M USD−74.36M USD−35.78M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 7 misses, 0 met estimates
Average EPS surprise
-22.87%
11 comparable reports
Latest EPS result
-0.29
Estimate -0.17 · Miss by 74.70%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.980.15-0.68-1.51Q1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 18, 2025: actual 0.81, estimate -0.67, surprise +220.90%, Beat. Q2 2025, reported May 13, 2025: actual -1.31, estimate -1.08, surprise -21.30%, Miss. Q3 2025, reported Aug 12, 2025: actual -1.34, estimate -1.09, surprise -22.94%, Miss. Q4 2025, reported Nov 12, 2025: actual -0.64, estimate -0.61, surprise -4.92%, Miss. Q1 2026, reported Mar 12, 2026: actual -0.16, estimate -0.3, surprise +46.67%, Beat. Q2 2026, reported May 11, 2026: actual -0.28, estimate -0.39, surprise +28.21%, Beat. Q3 2026, reported Aug 10, 2026: actual -0.29, estimate -0.166, surprise -74.70%, Miss. Q4 2026, reported Nov 11, 2026: actual —, estimate -0.13, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates37.05M32.06M27.07M22.08MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 18, 2025: actual 28.05M USD, estimate 26.78M USD, surprise +4.72%, Beat. Q2 2025, reported May 13, 2025: actual 23.51M USD, estimate 25.6M USD, surprise -8.17%, Miss. Q3 2025, reported Aug 12, 2025: actual 27.43M USD, estimate 25.25M USD, surprise +8.64%, Beat. Q4 2025, reported Nov 12, 2025: actual 29.17M USD, estimate 26.22M USD, surprise +11.27%, Beat. Q1 2026, reported Mar 12, 2026: actual 26.4M USD, estimate 26.22M USD, surprise +0.70%, Beat. Q2 2026, reported May 11, 2026: actual 25.61M USD, estimate 25.53M USD, surprise +0.32%, Beat. Q3 2026, reported Aug 10, 2026: actual 29.51M USD, estimate 28.23M USD, surprise +4.53%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 35.62M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$2.13

195.83% upside
Past 12 months12-month forecastHigh $2.75Average $2.13Low $1.50

Rating distribution

3 ratings

Limited analyst sample: 3 ratings. Interpret the distribution with caution.

Strong buy00%
Buy133%
Hold267%
Sell00%
Strong sell00%

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