SURF AIR MOBILITY INC.
SURF AIR MOBILITY INC.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Related Party | - | 0 | 1 | -2 | 1 | 3 | 2 | -37 | 11 | 37 | 25 | 14 | |||||
Class B6 S Convertible Preferred Shares | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | -84 | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 18 | 4 | 13 | 7 | 23 | 7 | 21 | 1 | 1 | 1 | 2 | 6 | |||||
Accounts Receivable Net Current | 5 | 4 | 4 | 5 | 5 | 5 | 4 | 4 | 4 | 5 | 5 | 4 | |||||
Prepaid Expense And Other Assets Current | 18 | 13 | 14 | 10 | 11 | 9 | 9 | 9 | 10 | 11 | 11 | 18 | |||||
Assets Current | 41 | 21 | 31 | 22 | 39 | 20 | 34 | 14 | 16 | 17 | 18 | 28 | |||||
Restricted Cash Noncurrent | 0 | 10 | 10 | 0 | 5 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Property Plant And Equipment Net | 52 | 47 | 46 | 44 | 42 | 40 | 42 | 44 | 47 | 47 | 46 | 49 | |||||
Intangible Assets Net Excluding Goodwill | 19 | 19 | 20 | 21 | 22 | 22 | 23 | 24 | 25 | 26 | 27 | 35 | |||||
Operating Lease Right Of Use Asset | 15 | 11 | 13 | 14 | 15 | 16 | 17 | 9 | 11 | 12 | 13 | 13 | |||||
Finance Lease Right Of Use Asset | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Goodwill | - | - | - | - | - | - | - | - | - | - | - | 58 | |||||
Other Assets Noncurrent | 13 | 11 | 12 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 6 | - | |||||
Assets | 141 | 121 | 132 | 107 | 129 | 105 | 124 | 98 | 106 | 109 | 111 | 185 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 22 | 21 | 18 | 16 | 19 | 18 | 18 | 27 | 26 | 21 | 19 | 20 | |||||
Accrued Liabilities And Other Liabilities | 42 | 41 | 48 | 48 | 50 | 48 | 45 | 73 | 79 | 72 | 60 | 46 | |||||
Deferred Revenue Current | 30 | 19 | 18 | 16 | 18 | 17 | 17 | 15 | 17 | 18 | 19 | 16 | |||||
Long Term Debt Current | 13 | 3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 5 | 5 | 3 | |||||
Operating Lease Liability Current | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 | |||||
Finance Lease Liability Current | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Other Liabilities Current | - | - | - | - | - | - | - | - | - | - | 0 | - | |||||
Liabilities Current | 158 | 133 | 134 | 88 | 97 | 92 | 90 | 133 | 187 | 165 | 140 | 104 | |||||
Liabilities Noncurrent | |||||||||||||||||
Long Term Debt Noncurrent | 10 | 14 | 14 | 61 | 61 | 60 | 60 | 18 | 18 | 20 | 21 | 24 | |||||
Operating Lease Liability Noncurrent | 10 | 8 | 9 | 10 | 11 | 11 | 12 | 3 | 4 | 5 | 6 | 6 | |||||
Finance Lease Liability Noncurrent | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Other Liabilities Noncurrent | 1 | 8 | 4 | 18 | 19 | 20 | 24 | 21 | 22 | 23 | 19 | 12 | |||||
Liabilities | 183 | 177 | 187 | 199 | 244 | 241 | 244 | 233 | 234 | 215 | 188 | 157 | |||||
Temporary Equity | |||||||||||||||||
Temporary Equity Value Excluding Additional Paid I… | - | 7 | - | - | - | - | - | - | - | - | - | - | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | - | - | - | - | 0 | - | - | - | - | - | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 794 | 745 | 733 | 659 | 608 | 560 | 557 | 543 | 538 | 533 | 525 | 520 | |||||
Retained Earnings Accumulated Deficit | -836 | -808 | -788 | -751 | -724 | -696 | -677 | -679 | -666 | -640 | -603 | -492 | |||||
Stockholders Equity | -42 | -63 | -55 | -93 | -115 | -136 | -120 | -136 | -128 | -106 | -77 | 28 | |||||
Liabilities And Stockholders Equity | 141 | 121 | 132 | 107 | 129 | 105 | 124 | 98 | 106 | 109 | 111 | 185 | |||||
Temporary Equity Par Or Stated Value Per Share | - | 0 | - | - | - | - | - | - | - | - | - | - | |||||
Temporary Equity Shares Issued | - | 4 | - | - | - | - | - | - | - | - | - | - | |||||
Temporary Equity Shares Outstanding | - | 4 | - | - | - | - | - | - | - | - | - | - | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | - | - | - | 0 | - | - | - | 0 | 0 | |||||
Redeemable Convertible Preferred Stock | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | -235 | |||||
Preferred Stock Shares Authorized | 50 | 50 | 50 | - | - | - | 50 | - | - | - | 50 | 50 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | - | - | - | 0 | - | - | - | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | - | - | - | 0 | - | - | - | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | |||||
Common Stock Shares Issued | 119 | 78 | 73 | 47 | 37 | 17 | 17 | 13 | 12 | 12 | 11 | 11 | |||||
Shares Outstanding | 119 | 78 | 73 | 47 | 37 | 17 | 17 | 13 | 12 | 12 | 11 | 11 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -18.52% | -22.96% | -43.33% | - | - | - | - | - | - | - | - | - |
| 2025 | -16.72% | 42.86% | 37.98% | -5.01% | 11.22% | -3.10% | -23.47% | -18.71% | -31.29% | -38.30% | -41.49% | -34.04% |
| 2024 | -27.36% | -3.39% | -27.85% | -59.35% | -23.44% | -29.76% | 170.93% | 246.51% | 146.51% | -36.56% | -27.96% | -35.75% |
| 2023 | - | - | - | 37.32% | -16.20% | -38.03% | -38.79% | -6.45% | 1.61% | - | - | - |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.26 | 0.16 | 0.23 | 0.25 | 0.40 | 0.22 | 0.38 | 0.11 | 0.08 | 0.10 | 0.13 | 0.27 | |||||
| Quick Ratio | 0.15 | 0.06 | 0.12 | 0.14 | 0.29 | 0.12 | 0.28 | 0.04 | 0.03 | 0.04 | 0.05 | 0.09 | |||||
| Working Capital | -116.45M | -111.87M | -102.69M | -66.11M | -58.36M | -72.09M | -55.74M | -118.93M | -170.97M | -148.76M | -122.38M | -76.45M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | -4.31 | -2.81 | -3.40 | -2.15 | -2.12 | -1.78 | -2.03 | -1.72 | -1.82 | -2.02 | -2.43 | 5.55 | |||||
| Interest Coverage TTM | -9.31 | -6.80 | -5.82 | -3.09 | -2.76 | -4.09 | -6.99 | -26.32 | -40.38 | -49.84 | - | - | |||||
| Debt Ratio | 1.30 | 1.47 | 1.42 | 1.87 | 1.90 | 2.29 | 1.97 | 2.39 | 2.21 | 1.98 | 1.70 | 0.85 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.82 | 0.96 | 0.83 | 1.06 | 0.92 | 1.05 | 1.02 | 0.87 | 1.95 | 0.84 | - | - | |||||
| Days Sales Outstanding TTM | 16.62 | 14.16 | 14.02 | 15.85 | 16.65 | 15.34 | 14.09 | 12.21 | 7.09 | 18.87 | - | - | |||||
| Receivables Turnover TTM | 21.96 | 25.77 | 26.03 | 23.02 | 21.92 | 23.80 | 25.90 | 29.90 | 51.52 | 19.35 | - | - | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -1.14 | -1.46 | -3.15 | -1.71 | -2.75 | -3.34 | -5.80 | -16.02 | -23.09 | -26.05 | - | - | |||||
| Free Cash Flow Per Share TTM | -0.71 | -0.92 | -2.07 | -1.63 | -2.84 | -4.12 | -5.12 | -4.38 | -6.76 | -8.48 | - | - | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | - | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 1.57% | 4.65% | 3.92% | 5.10% | 4.56% | 5.48% | 7.95% | 4.64% | 5.30% | 0.79% | - | - | |||||
| Operating Profit Margin TTM | -67.30% | -65.95% | -72.14% | -39.65% | -32.62% | -39.49% | -50.46% | -152.73% | -207.45% | -253.75% | - | - | |||||
| Net Profit Margin TTM | -101.58% | -103.39% | -103.75% | -66.95% | -53.48% | -50.23% | -62.72% | -167.91% | -230.28% | -315.66% | - | - | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 3.14% | -3.24% | -10.77% | -12.58% | -8.46% | 23.24% | - | - | - | - | - | - | |||||
| Net Income Growth (1Y) | 95.89% | 99.17% | 47.59% | -65.14% | -78.74% | -80.39% | - | - | - | - | - | - | |||||
| EPS Growth (1Y) | -58.38% | -56.20% | -45.72% | -89.34% | -88.10% | -87.19% | - | - | - | - | - | - | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -1.01 | -0.79 | -0.62 | -2.51 | -1.34 | -0.80 | -0.93 | -0.08 | -0.12 | -0.23 | - | - | |||||
| P/B TTM | -2.69 | -1.40 | -1.24 | -1.97 | -0.67 | -0.33 | -0.58 | -0.13 | -0.25 | -0.61 | -0.79 | 3.15 | |||||
| P/S TTM | 1.03 | 0.81 | 0.64 | 1.68 | 0.72 | 0.40 | 0.58 | 0.14 | 0.27 | 0.72 | - | - | |||||
| Market Cap | 114.13M | 88.40M | 68.10M | 182.03M | 77.13M | 45.14M | 69.59M | 17.38M | 31.45M | 65.17M | 61.17M | 89.15M | |||||
| Enterprise Value | 118.24M | 90.87M | 62.71M | 238.98M | 113.15M | 101.15M | 115.79M | 39.05M | 52.90M | 88.49M | 84.75M | 109.06M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -70.25M | -70.52M | -72.58M | -69.35M | -59.35M | -69.63M | -66.08M | -56.78M | -79.12M | -93.61M | - | - | |||||
| Net Debt | 4.11M | 2.46M | -5.39M | 56.95M | 36.02M | 56.01M | 46.20M | 21.67M | 21.45M | 23.32M | 23.58M | 19.91M | |||||
Per-Share and Margin | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
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Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
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| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
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| Net Debt to Equity | |||||||||||||||||
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Valuation Ratios | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
SURF AIR MOBILITY INC. (SRFM) — SEC Financial Statements & Analysis
SURF AIR MOBILITY INC. (SRFM) is a air transportation, nonscheduled company, incorporated in DE. SURF AIR MOBILITY INC. trades on NYSE as: SRFM. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), SURF AIR MOBILITY INC. reported a 3.14% year-over-year revenue growth, a Gross Profit Margin of 1.57% (TTM), a Debt-to-Equity ratio of -4.31x, a Price-to-Sales (P/S) ratio of 1.03x (TTM), a Price-to-Book (P/B) ratio of -2.69x (TTM), at a market cap of $114.13M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 3.14%
- Gross Profit Margin TTM
- 1.57%
- Debt To Equity
- -4.31x
- P/S TTM
- 1.03x
- P/B TTM
- -2.69x
- Market Cap
- $114.13M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is SURF AIR MOBILITY INC. in?
SURF AIR MOBILITY INC. (SRFM) operates in the Air Transportation, Nonscheduled industry.
What is SRFM's market cap?
SURF AIR MOBILITY INC. (SRFM) has a market capitalization of $114.13M as of 2026-06-30.
What exchange does SRFM trade on?
SURF AIR MOBILITY INC. (SRFM) trades on the NYSE.
Where is SURF AIR MOBILITY INC. incorporated?
SURF AIR MOBILITY INC. is incorporated in DE.