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Surf Air Mobility SRFM Q1 2026 Annual earnings

Reported May 11, 2026 · After market close

Revenue$25.6MBeat by $81.6K
EPS-$0.28Beat by $0.11
Revenue estimate$25.5M
EPS estimate-$0.39

Next report

Nov 11, 2026 (in 2 months)
Revenue estimate$35.6M
EPS estimate-$0.13

Financials

Q1 2026

Income statement

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Revenue$25.6M+9.0%
Gross profit-$333.0K+72.3%
Operating income-$13.4M+28.1%
Net income-$20.3M-9.7%
EPS (diluted)-$0.26+76.1%

Balance sheet

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Cash & equivalents$4.2M-37.2%
Total debt$28.8M-63.4%
Total equity-$63.2M+53.4%
Total assets$120.8M+14.8%

Cash flow

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Operating cash flow-$12.3M+22.5%
CapEx$2.8M+117%
Free cash flow-$15.0M+12.1%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$88.54M+95.7%
Enterprise value$113.2M-3.6%
P/S0.8×+0.4×

Profitability

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Gross margin4.9%-0.6pp
Operating margin-65.9%—
Net margin-103.4%-7,842pp
FCF margin-62.6%+0.6pp

Returns & leverage

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Current ratio0.2×-0.1×

Segments

By segment

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Air Mobility$25.6M+9.0%

FAQ

When did Surf Air Mobility report Q1 2026 earnings?
Surf Air Mobility (SRFM) reported Q1 2026 earnings on May 11, 2026 after market close.
What were Surf Air Mobility's Q1 2026 revenue and EPS?
Surf Air Mobility reported revenue of $25.6M and eps of $-0.28 for Q1 2026.
Did Surf Air Mobility beat estimates in Q1 2026?
Revenue beat the consensus estimate of $25.5M by $81.6K. EPS beat the consensus estimate of $-0.39 by $0.11.
How did Surf Air Mobility's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 9.0% from $23.5M a year earlier and eps grew 78.6% from $-1.31.
Where can I find Surf Air Mobility's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-216802) and the 10-K/A periodic report (0001193125-26-197314) directly on SEC EDGAR. The filing index links above go to sec.gov.