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Surf Air Mobility SRFM Free cash flow

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Other financials

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%

Valuation

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Market cap$115.43M-1.6%
Enterprise value$140.09M-19.2%
P/S1.1×0.0×

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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Return on equity113%
Debt / equity1.5×
Current ratio0.2×-0.1×

Where this comes from

Calculated from Surf Air Mobility’s reported figures.

The official record: Surf Air Mobility’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Surf Air Mobility's free cash flow?
Surf Air Mobility (SRFM) reported free cash flow of -$15.02M in Q1 2026.
How has Surf Air Mobility's free cash flow changed year-over-year?
Surf Air Mobility's free cash flow increased by 12.1% year-over-year, from -$17.08M to -$15.02M.
What is the long-term trend for Surf Air Mobility's free cash flow?
Over 2 years (2023 to 2025), Surf Air Mobility's free cash flow has grown at a -1.3% compound annual growth rate (CAGR), from -$71.96M to -$70.1M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.