Q2 FY2026 · ended Jun 30, 2026 · Revenue $29.51M, +7.6% YoY · Filed Aug 10, 2026
Surf Air Mobility Inc. (SRFM) files with the SEC under industry code 4522, Air Transportation, Nonscheduled. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $29.5 million and a net loss of $28.1 million. Free cash flow was -$8.0 million. As of Jun 30, 2026 it held $18.4 million in cash and investments and $38.1 million in total debt.
Revenue
$29.51M
+7.6% vs year-ago quarter
Net income
$-28.13M
-0.5% vs year-ago quarter
Operating cash flow
$-1.16M
+89.1% vs year-ago quarter
Free cash flow
$-8.04M
+32.2% vs year-ago quarter
EPS
$-0.29
+78.4% vs year-ago quarter
Dividend per share
None
Shares outstanding
119.14M
+225.9% vs year-ago quarter
Net cash
$-19.68M
Q2 FY2026
Operating margin
-67.3%
TTM
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
- Accelerated filer, Smaller reporting company, 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; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
Q2 FY2025 Jun 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $29.5M | $25.6M | $26.4M | $29.2M | $27.4M |
| Operating income | -$18.8M | -$13.4M | -$25.9M | -$16.5M | -$15.9M |
| Net income | -$28.1M | -$20.3M | -$36.9M | -$27.2M | -$28.0M |
| Diluted EPS | -$0.29 | -$0.26 | -$0.62 | -$0.64 | -$1.34 |
| Operating cash flow | -$1.2M | -$12.3M | -$18.4M | -$19.3M | -$10.6M |
| Free cash flow | -$8.0M | -$15.0M | -$20.1M | -$21.1M | -$11.9M |
| Total assets | $140.7M | $120.8M | $131.7M | $106.8M | $129.0M |
| Total liabilities | $183.2M | $177.4M | $186.5M | $199.3M | $244.5M |
| Stockholders' equity | -$42.5M | -$63.2M | -$54.9M | -$92.6M | -$115.5M |
| Cash and investments | $18.4M | $4.2M | $12.7M | $7.1M | $22.6M |
| Total debt | $38.1M | $28.8M | $30.9M | $78.1M | $78.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 5, 2026 | Nov 5, 2026 |
| 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 |
All 349 Surf Air Mobility Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.