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Surf Air Mobility SRFM Operating Income

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Segments

By segment

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Air Mobility-$13.36M+28.1%

Other financials

Income statement

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Revenue$25.6M+9.0%
Gross profit-$333.0K+72.3%
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

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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

Reported directly by Surf Air Mobility in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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 operating income?
Surf Air Mobility (SRFM) reported operating income of -$13.36M in Q1 2026.
How has Surf Air Mobility's operating income changed year-over-year?
Surf Air Mobility's operating income increased by 28.1% year-over-year, from -$18.57M to -$13.36M.
What is the long-term trend for Surf Air Mobility's operating income?
Over 2 years (2022 to 2025), Surf Air Mobility's operating income has grown at a 22.9% compound annual growth rate (CAGR), from -$50.9M to -$76.87M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.