# Surf Air Mobility Inc.: financial statements, quarterly

SRFM · NYSE · CIK 1936224 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/srfm.md) · [Financials](/companies/srfm/financials.md) · [Filings](/companies/srfm/filings.md) · [Insiders](/companies/srfm/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/srfm/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [22.0](/filings/0000950170-24-127106.md) | [26.8 d](/filings/0000950170-25-043326.md) | [30.6](/filings/0000950170-25-070437.md) | [32.4](/filings/0000950170-25-107462.md) | [28.4](/filings/0001193125-25-277860.md) | [28.0 d](/filings/0001193125-26-104468.md) | [23.5](/filings/0001193125-26-216903.md) | [27.4](/filings/0001193125-26-342741.md) | [29.2](/filings/0001193125-25-277860.md) | [26.4 d](/filings/0001193125-26-104468.md) | [25.6](/filings/0001193125-26-216903.md) | [29.5](/filings/0001193125-26-342741.md) |
| Operating income | $m | [(63.0)](/filings/0000950170-24-127106.md) | [(109) d](/filings/0000950170-25-043326.md) | [(34.5)](/filings/0000950170-25-070437.md) | [(25.3)](/filings/0000950170-25-107462.md) | [(8.6)](/filings/0001193125-25-277860.md) | [8.1 d](/filings/0001193125-26-104468.md) | [(18.6)](/filings/0001193125-26-216903.md) | [(15.9)](/filings/0001193125-26-342741.md) | [(16.5)](/filings/0001193125-25-277860.md) | [(25.9) d](/filings/0001193125-26-104468.md) | [(13.4)](/filings/0001193125-26-216903.md) | [(18.8)](/filings/0001193125-26-342741.md) |
| Interest expense | $m | [0.9](/filings/0000950170-23-063725.md) | [1.3 d](/filings/0000950170-24-038767.md) | [1.7](/filings/0000950170-24-060529.md) | [1.9](/filings/0000950170-24-097145.md) | [2.1](/filings/0001193125-25-277860.md) | [2.9 d](/filings/0001193125-26-104468.md) | [3.9](/filings/0001193125-26-216903.md) | [3.8](/filings/0001193125-26-342741.md) | [3.3](/filings/0001193125-25-277860.md) | [2.3 d](/filings/0001193125-26-104468.md) | [1.2](/filings/0001193125-26-216903.md) | [1.2](/filings/0001193125-26-342741.md) |
| Income tax | $m | [(3.6)](/filings/0000950170-24-127106.md) | [0.3 d](/filings/0000950170-25-043326.md) | [(0.0)](/filings/0000950170-25-070437.md) | [(0.0)](/filings/0000950170-25-107462.md) | [(0.0)](/filings/0001193125-25-277860.md) | [(0.2) d](/filings/0001193125-26-104468.md) | [(0.1)](/filings/0001193125-26-216903.md) | [(0.1)](/filings/0001193125-26-342741.md) | [(0.1)](/filings/0001193125-25-277860.md) | [(0.2) d](/filings/0001193125-26-104468.md) | [(0.0)](/filings/0001193125-26-216903.md) | [(0.1)](/filings/0001193125-26-342741.md) |
| Net income | $m | [(74.6)](/filings/0000950170-24-127106.md) | [(111) d](/filings/0000950170-25-043326.md) | [(37.0)](/filings/0000950170-25-070437.md) | [(27.0)](/filings/0000950170-25-107462.md) | [(12.2)](/filings/0001193125-25-277860.md) | [1.3 d](/filings/0001193125-26-104468.md) | [(18.5)](/filings/0001193125-26-216903.md) | [(28.0)](/filings/0001193125-26-342741.md) | [(27.2)](/filings/0001193125-25-277860.md) | [(36.9) d](/filings/0001193125-26-104468.md) | [(20.3)](/filings/0001193125-26-216903.md) | [(28.1)](/filings/0001193125-26-342741.md) |
| Diluted EPS | $ per share | [(9.55)](/filings/0000950170-24-127106.md) | not reported | [(3.35)](/filings/0000950170-25-070437.md) | [(2.31)](/filings/0000950170-25-107462.md) | [(0.94)](/filings/0001193125-25-277860.md) | not reported | [(1.09)](/filings/0001193125-26-216903.md) | [(1.34)](/filings/0001193125-26-342741.md) | [(0.64)](/filings/0001193125-25-277860.md) | not reported | [(0.26)](/filings/0001193125-26-216903.md) | [(0.29)](/filings/0001193125-26-342741.md) |
| Basic EPS | $ per share | [(9.55)](/filings/0000950170-24-127106.md) | not reported | [(3.35)](/filings/0000950170-25-070437.md) | [(2.31)](/filings/0000950170-25-107462.md) | [(0.94)](/filings/0001193125-25-277860.md) | not reported | [(1.09)](/filings/0001193125-26-216903.md) | [(1.34)](/filings/0001193125-26-342741.md) | [(0.64)](/filings/0001193125-25-277860.md) | not reported | [(0.26)](/filings/0001193125-26-216903.md) | [(0.29)](/filings/0001193125-26-342741.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [5.9](/filings/0000950170-23-063725.md) | [1.7](/filings/0000950170-25-043326.md) | [1.3](/filings/0000950170-24-060529.md) | [1.5](/filings/0000950170-24-097145.md) | [0.5](/filings/0000950170-24-127106.md) | [21.1](/filings/0001193125-26-104468.md) | [6.6](/filings/0000950170-25-070437.md) | [22.6](/filings/0000950170-25-107462.md) | [7.1](/filings/0001193125-25-277860.md) | [12.7](/filings/0001193125-26-342741.md) | [4.2](/filings/0001193125-26-216903.md) | [18.4](/filings/0001193125-26-342741.md) |
| Current assets | $m | [28.0](/filings/0000950170-23-063725.md) | [17.7](/filings/0000950170-25-043326.md) | [16.7](/filings/0000950170-24-060529.md) | [15.9](/filings/0000950170-24-097145.md) | [14.2](/filings/0000950170-24-127106.md) | [33.9](/filings/0001193125-26-104468.md) | [20.0](/filings/0000950170-25-070437.md) | [38.7](/filings/0000950170-25-107462.md) | [22.0](/filings/0001193125-25-277860.md) | [30.9](/filings/0001193125-26-342741.md) | [21.1](/filings/0001193125-26-216903.md) | [41.3](/filings/0001193125-26-342741.md) |
| Total assets | $m | [185](/filings/0000950170-23-063725.md) | [111](/filings/0000950170-25-043326.md) | [109](/filings/0000950170-24-060529.md) | [106](/filings/0000950170-24-097145.md) | [97.9](/filings/0000950170-24-127106.md) | [124](/filings/0001193125-26-104468.md) | [105](/filings/0000950170-25-070437.md) | [129](/filings/0000950170-25-107462.md) | [107](/filings/0001193125-25-277860.md) | [132](/filings/0001193125-26-342741.md) | [121](/filings/0001193125-26-216903.md) | [141](/filings/0001193125-26-342741.md) |
| Current liabilities | $m | [104](/filings/0000950170-23-063725.md) | [140](/filings/0000950170-25-043326.md) | [165](/filings/0000950170-24-060529.md) | [187](/filings/0000950170-24-097145.md) | [133](/filings/0000950170-24-127106.md) | [89.6](/filings/0001193125-26-104468.md) | [92.1](/filings/0000950170-25-070437.md) | [97.1](/filings/0000950170-25-107462.md) | [88.1](/filings/0001193125-25-277860.md) | [134](/filings/0001193125-26-342741.md) | [133](/filings/0001193125-26-216903.md) | [158](/filings/0001193125-26-342741.md) |
| Total liabilities | $m | [157](/filings/0000950170-23-063725.md) | [188](/filings/0000950170-25-043326.md) | [215](/filings/0000950170-24-060529.md) | [234](/filings/0000950170-24-097145.md) | [233](/filings/0000950170-24-127106.md) | [244](/filings/0001193125-26-104468.md) | [241](/filings/0000950170-25-070437.md) | [244](/filings/0000950170-25-107462.md) | [199](/filings/0001193125-25-277860.md) | [187](/filings/0001193125-26-342741.md) | [177](/filings/0001193125-26-216903.md) | [183](/filings/0001193125-26-342741.md) |
| Long-term debt | $m | [23.6](/filings/0000950170-23-063725.md) | [20.6](/filings/0000950170-25-043326.md) | [20.0](/filings/0000950170-24-060529.md) | [18.3](/filings/0000950170-24-097145.md) | [17.7](/filings/0000950170-24-127106.md) | [59.9](/filings/0001193125-26-104468.md) | [60.3](/filings/0000950170-25-070437.md) | [60.7](/filings/0000950170-25-107462.md) | [61.1](/filings/0001193125-25-277860.md) | [14.4](/filings/0001193125-26-342741.md) | [13.8](/filings/0001193125-26-216903.md) | [10.0](/filings/0001193125-26-342741.md) |
| Current portion of debt | $m | [2.9](/filings/0000950170-23-063725.md) | [5.2](/filings/0000950170-25-043326.md) | [5.1](/filings/0000950170-24-060529.md) | [4.9](/filings/0000950170-24-097145.md) | [4.8](/filings/0000950170-24-127106.md) | [2.5](/filings/0001193125-26-104468.md) | [2.6](/filings/0000950170-25-070437.md) | [2.6](/filings/0000950170-25-107462.md) | [2.7](/filings/0001193125-25-277860.md) | [2.7](/filings/0001193125-26-342741.md) | [2.7](/filings/0001193125-26-216903.md) | [12.6](/filings/0001193125-26-342741.md) |
| Shareholders' equity | $m | [28.3](/filings/0000950170-24-127106.md) | [(77.5)](/filings/0001193125-26-104468.md) | [(106)](/filings/0000950170-25-107462.md) | [(128)](/filings/0001193125-25-277860.md) | [(136)](/filings/0001193125-25-277860.md) | [(120)](/filings/0001193125-26-342741.md) | [(136)](/filings/0001193125-26-342741.md) | [(115)](/filings/0001193125-26-342741.md) | [(92.6)](/filings/0001193125-25-277860.md) | [(54.9)](/filings/0001193125-26-342741.md) | [(63.2)](/filings/0001193125-26-342741.md) | [(42.5)](/filings/0001193125-26-342741.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [(24.5) d](/filings/0000950170-24-127106.md) | [(19.3) d](/filings/0000950170-25-043326.md) | [(12.8)](/filings/0000950170-25-070437.md) | [(5.6) d](/filings/0000950170-25-107462.md) | [(12.3) d](/filings/0001193125-25-277860.md) | [(23.6) d](/filings/0001193125-26-104468.md) | [(15.8)](/filings/0001193125-26-216903.md) | [(10.6) d](/filings/0001193125-26-342741.md) | [(19.3) d](/filings/0001193125-25-277860.md) | [(18.4) d](/filings/0001193125-26-104468.md) | [(12.3)](/filings/0001193125-26-216903.md) | [(1.2) d](/filings/0001193125-26-342741.md) |
| Capital expenditure | $m | [11.5 d](/filings/0000950170-24-127106.md) | [(4.1) d](/filings/0000950170-25-043326.md) | [0.7](/filings/0000950170-25-070437.md) | [0.7 d](/filings/0000950170-25-107462.md) | [1.3 d](/filings/0001193125-25-277860.md) | [9.1 d](/filings/0001193125-26-104468.md) | [1.3](/filings/0001193125-26-216903.md) | [1.2 d](/filings/0001193125-26-342741.md) | [1.7 d](/filings/0001193125-25-277860.md) | [1.7 d](/filings/0001193125-26-104468.md) | [2.8](/filings/0001193125-26-216903.md) | [6.9 d](/filings/0001193125-26-342741.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment

## Shares

| Line item | Unit | period not labelled (2022-09-30) | period not labelled (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [14.0](/filings/0000950170-23-063725.md) | [14.1](/filings/0000950170-24-060529.md) | [14.2](/filings/0000950170-24-097145.md) | [7.8](/filings/0000950170-24-127106.md) | [11.0](/filings/0000950170-25-070437.md) | [11.7](/filings/0000950170-25-107462.md) | [13.0](/filings/0001193125-25-277860.md) | [16.9](/filings/0001193125-26-216903.md) | [20.9](/filings/0001193125-26-342741.md) | [42.4](/filings/0001193125-25-277860.md) | [76.9](/filings/0001193125-26-216903.md) | [98.4](/filings/0001193125-26-342741.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 100,396,873 at 2026-05-08, from the cover of the [10-Q filed 2026-05-11](/filings/0001193125-26-216903.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.