What is Surf Air Mobility's income tax?

Surf Air Mobility (SRFM) reported income tax of -$39K in Q1 2026.

How has Surf Air Mobility's income tax changed year-over-year?

Surf Air Mobility's income tax increased by 26.4% year-over-year, from -$53K to -$39K.

What is the long-term trend for Surf Air Mobility's income tax?

Over 2 years (2023 to 2025), Surf Air Mobility's income tax has grown at a -67.4% compound annual growth rate (CAGR), from -$3.57M to -$380K.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Surf Air Mobility SRFM Income Tax

Income Tax at other companies

Joby AviationJOBY

$168K+320%

Archer AviationACHR

$100K0.0%

AIR

Air TAIRT

$121K-65.1%

AerSale CorporationASLE

-$1.01M-39.6%

Frontier Group Holdings, Inc.ULCC

-$9M-400%

JetBlue AirwaysJBLU

-$17M+73.0%

Segments

By segment

See full

Air Mobility-$39K+26.4%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$12.3M+22.5%

CapEx$2.8M+117%

Free cash flow-$15.0M+12.1%

Valuation

See full

Market cap$115.43M-1.6%

Enterprise value$140.09M-19.2%

P/S1.1×0.0×

Profitability

See full

Gross margin4.9%-0.6pp

Operating margin-65.9%—

Net margin-103.4%-7,842pp

FCF margin-62.6%+0.6pp

Returns & leverage

See full

Return on equity113%—

Debt / equity1.5×—

Current ratio0.2×-0.1×

Where this comes from

Reported directly by Surf Air Mobility in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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

Ask your AI about Surf Air Mobility's income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Surf Air Mobility's income tax?: Surf Air Mobility (SRFM) reported income tax of -$39K in Q1 2026.
How has Surf Air Mobility's income tax changed year-over-year?: Surf Air Mobility's income tax increased by 26.4% year-over-year, from -$53K to -$39K.
What is the long-term trend for Surf Air Mobility's income tax?: Over 2 years (2023 to 2025), Surf Air Mobility's income tax has grown at a -67.4% compound annual growth rate (CAGR), from -$3.57M to -$380K.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.