Surf Air Mobility Inc. (SRFM) stock
Close on Nov 13, 2026Market cap $55.63MP/E –Yield –
Earnings
Surf Air Mobility's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Surf Air Mobility's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Source |
|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Mar 11, 2027Expected | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Nov 5, 2026after the close | $36.50M | +25.0% | -$0.16 | Release |
| Q2 FY2026ended Jun 30, 2026 | Aug 10, 2026after the close | $29.50M | +7.7% | – | Release |
| Q1 FY2026ended Mar 31, 2026 | May 11, 2026after the close | $25.60M | +8.9% | – | Release |
| Q4 FY2025ended Dec 31, 2025 | Mar 12, 2026after the close | $26.40M | -5.9% | – | Release |
| Q3 FY2025ended Sep 30, 2025 | Nov 12, 2025after the close | $29.20M | +2.8% | -$0.64 | Release |
| Q2 FY2025ended Jun 30, 2025 | Aug 12, 2025after the close | $27.40M | -15.4% | – | Release |
| Q1 FY2025ended Mar 31, 2025 | May 13, 2025after the close | $23.50M | -23.2% | -$1.09 | Release |
| Q4 FY2024ended Dec 31, 2024 | Mar 18, 2025after the close | $28.05M | +4.7% | – | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 14, 2024after the close | $28.40M | +29.7% | -$0.94 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 14, 2024after the close | $32.40M | +14.5% | -$0.33 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 14, 2024after the close | $30.60M | – | -$0.48 | Release |
| Q4 FY2023ended Dec 31, 2023 | Mar 28, 2024after the close | $26.80M | – | – | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 14, 2023after the close | $21.90M | – | -$1.36 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 16, 2023after the close | $28.30M | – | – | Release |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Surf Air Mobility's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| RevenueGAAP | Q4 FY2026 | $36.40M – $46.40M | – | New | Nov 5, 2026 |
| Adjusted EBITDA lossnon-GAAP | Q4 FY2026 | -$5.40M – -$2.40M | – | New | Nov 5, 2026 |
| RevenueGAAP | FY2026 | $128.00M – $138.00M | – | New | Nov 5, 2026 |
| Revenue | FY2026 | $128.00M – $138.00M | $128.00M – $138.00M | Reaffirmed | Aug 10, 2026 |
| Revenue increase compared to 2025 | FY2026 | +20% – +30% | +20% – +30% | Reaffirmed | Aug 10, 2026 |
| Adjusted EBITDA lossnon-GAAP | FY2026 | -$35.00M – -$32.00M | – | New | Nov 5, 2026 |
| Adjusted EBITDA lossnon-GAAP | FY2026 | -$30.00M – -$25.00M | -$30.00M – -$25.00M | Reaffirmed | Aug 10, 2026 |
Guidance vs results
The last range Surf Air Mobility gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q3 FY2026 | Revenue | $35.50M – $37.50M | $36.50M | Within range |
| Q2 FY2026 | Revenue | $27.00M – $30.00M | $29.50M | Within range |
| Q1 FY2026 | Revenue | $24.00M – $26.00M | $25.60M | Within range |
| Q4 FY2025 | Revenue | $25.50M – $27.50M | $26.40M | Within range |
| Q3 FY2025 | Revenue | $27.00M – $28.50M | $29.20M | Above range |
| Q2 FY2025 | Revenue | $23.50M – $26.50M | $27.40M | Above range |
| Q1 FY2025 | Revenue | $21.00M – $24.00M | $23.50M | Within range |
| Q4 FY2024 | Revenue | $25.00M – $28.00M | $28.05M | Above range |
| Q3 FY2024 | Revenue | $25.00M – $28.00M | $28.40M | Above range |
| Q2 FY2024 | Revenue | $28.00M – $31.00M | $32.40M | Above range |
| Q1 FY2024 | Revenue | $28.50M – $29.50M | $30.60M | Above range |
Guidance history
Every forecast Surf Air Mobility put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Nov 5, 2026 | Adjusted EBITDA loss | Q4 FY2026 | -$5.40M – -$2.40M | New |
| Nov 5, 2026 | Adjusted EBITDA loss | FY2026 | -$35.00M – -$32.00M | New |
| Nov 5, 2026 | Revenue | Q4 FY2026 | $36.40M – $46.40M | New |
| Nov 5, 2026 | Revenue | FY2026 | $128.00M – $138.00M | New |
| Aug 10, 2026 | Adjusted EBITDA loss | FY2026 | -$30.00M – -$25.00M | Reaffirmed |
| Aug 10, 2026 | Adjusted EBITDA loss | Q3 FY2026 | -$7.00M – -$4.00M | New |
| Aug 10, 2026 | Revenue increase compared to 2025 | FY2026 | +20% – +30% | Reaffirmed |
| Aug 10, 2026 | Revenue | FY2026 | $128.00M – $138.00M | Reaffirmed |
| Aug 10, 2026 | Revenue | Q3 FY2026 | $35.50M – $37.50M | New |
| May 11, 2026 | Adjusted EBITDA loss | FY2026 | -$30.00M – -$25.00M | Raised |
| May 11, 2026 | Adjusted EBITDA loss | Q2 FY2026 | -$10.50M – -$8.50M | New |
| May 11, 2026 | Revenue | FY2026 | $128.00M – $138.00M | Reaffirmed |
| May 11, 2026 | revenue | Q2 FY2026 | $27.00M – $30.00M | New |
| Mar 12, 2026 | Adjusted EBITDA loss | FY2026 | -$50.00M – -$40.00M | New |
| Mar 12, 2026 | Adjusted EBITDA loss | Q1 FY2026 | -$15.50M – -$13.50M | New |
| Mar 12, 2026 | revenue growth | FY2026 | +20% – +30% | New |
| Mar 12, 2026 | Revenue | FY2026 | $128.00M – $138.00M | New |
| Mar 12, 2026 | Revenue | Q1 FY2026 | $24.00M – $26.00M | New |
| Nov 12, 2025 | Adjusted EBITDA loss | Q4 FY2025 | -$8.00M – -$6.50M | New |
| Nov 12, 2025 | Fourth quarter revenue | Q4 FY2025 | $25.50M – $27.50M | New |
| Nov 12, 2025 | full year revenue | FY2025 | $105.00M | New |
| Aug 12, 2025 | Adjusted EBITDA loss | Q3 FY2025 | -$10.00M – -$8.50M | New |
| Aug 12, 2025 | revenue | Q3 FY2025 | $27.00M – $28.50M | New |
| Aug 12, 2025 | revenues | FY2025 | $100.00M | Reaffirmed |
| May 13, 2025 | Adjusted EBITDA loss | Q2 FY2025 | -$13.00M – -$10.00M | New |
| May 13, 2025 | revenue | Q2 FY2025 | $23.50M – $26.50M | New |
| Mar 18, 2025 | Adjusted EBITDA loss | Q1 FY2025 | -$15.00M – -$12.00M | New |
| Mar 18, 2025 | First quarter revenue | Q1 FY2025 | $21.00M – $24.00M | New |
| Mar 18, 2025 | revenues | FY2025 | $100.00M | Lowered |
| Nov 14, 2024 | Adjusted EBITDA loss | Q4 FY2024 | -$8.00M – -$5.00M | New |
| Nov 14, 2024 | revenue | Q4 FY2024 | $25.00M – $28.00M | New |
| Aug 14, 2024 | Pro forma adjusted EBITDA | Q3 FY2024 | -$13.00M – -$10.00M | New |
| Aug 14, 2024 | revenue | Q3 FY2024 | $25.00M – $28.00M | New |
| May 14, 2024 | Pro forma adjusted EBITDA | Q2 FY2024 | -$18.00M – -$16.00M | New |
| May 14, 2024 | Revenue | Q2 FY2024 | $28.00M – $31.00M | New |
| Mar 28, 2024 | Pro forma adjusted EBITDA | Q1 FY2024 | -$17.00M – -$14.00M | New |
| Mar 28, 2024 | Revenue | Q1 FY2024 | $28.50M – $29.50M | New |
| Nov 14, 2023 | Pro forma Adjusted EBITDA | FY2023 | -$56.30M – -$46.30M | Reaffirmed |
| Nov 14, 2023 | Pro forma 1 Revenue | FY2023 | $107.50M – $112.50M | Reaffirmed |
| Nov 14, 2023 | GAAP Revenue | FY2023 | $54.50M – $59.50M | Reaffirmed |
| Aug 16, 2023 | Non-GAAP Adjusted EBITDA | FY2023 | -$56.30M – -$46.30M | New |
| Aug 16, 2023 | Gross Profit as a percent of Revenue | Long Term | 35% – 45% | – |
| Aug 16, 2023 | Steady state Revenue growth | Long Term | +20% – +25% | – |
| Aug 16, 2023 | Revenue | FY2025 | $210.00M – $230.00M | New |
| Aug 16, 2023 | GAAP Revenue | FY2023 | $54.50M – $59.50M | New |
| Aug 16, 2023 | Non-GAAP Revenue | FY2023 | $107.50M – $112.50M | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Surf Air Mobility filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- Update
- Update
- Results
- Results
- News
- Results
- Update
- Results
- Results
- Results
- Update
- Update
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