FY2025 · ended Dec 31, 2025 · Revenue $106.56M, -10.8% YoY · Filed Mar 12, 2026
Surf Air Mobility Inc. (SRFM) files with the SEC under industry code 4522, Air Transportation, Nonscheduled. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $106.6 million and a net loss of $110.6 million. Free cash flow was -$70.1 million. As of Jun 30, 2026 it held $18.4 million in cash and investments and $38.1 million in total debt.
Revenue (TTM)
$110.74M
+3.1% vs year-ago TTM
Net income (TTM)
$-112.49M
-95.9% vs year-ago TTM
Operating cash flow (TTM)
$-51.12M
+18.0% vs year-ago TTM
Free cash flow (TTM)
$-64.22M
+14.6% vs year-ago TTM
EPS (TTM)
$-1.63
+52.8% vs year-ago TTM
Dividend per share
None
Shares outstanding
99.50M
+29.2% vs prior year
Net cash
$-19.68M
as of Jun 30, 2026
Operating margin
-67.3%
FY 2026
Company profile
- Industry
- Air Transportation, Nonscheduled (SIC 4522)
- Listed as
- SRFM (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Addison, TX
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1936224
Other Air Transportation, Nonscheduled companies
- Bristow Group Inc. VTOL
- Wheels Up Experience Inc. UP
- Flyexclusive Inc. FLYX
- Creatd, Inc. CRTD
- SOAR AI, Inc. SOAR
- Jet.AI Inc. JTAI
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
|---|---|---|---|
| Revenue | $106.6M | $119.4M | $60.5M |
| Operating income | -$76.9M | -$60.3M | -$196.8M |
| Net income | -$110.6M | -$74.9M | -$250.7M |
| Diluted EPS | -$3.15 | -$5.80 | -$44.46 |
| Operating cash flow | -$64.2M | -$54.3M | -$64.4M |
| Free cash flow | -$70.1M | -$66.1M | -$72.0M |
| Total assets | $131.7M | $124.1M | $111.0M |
| Total liabilities | $186.5M | $244.1M | $188.5M |
| Stockholders' equity | -$54.9M | -$120.0M | -$77.5M |
| Cash and investments | $12.7M | $21.1M | $1.7M |
| Total debt | $30.9M | $81.0M | $40.1M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Other events
|
Sep 30, 2026 | Sep 29, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 28, 2026 | Sep 28, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Aug 11, 2026 | Aug 10, 2026 |
| 10-Q | Quarterly report | Aug 10, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 10, 2026 | Aug 10, 2026 |
| 8-K |
Current report
Listing notice, Shareholder vote results
|
Jul 24, 2026 | Jul 24, 2026 |
All 346 Surf Air Mobility Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.