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Surf Air Mobility SRFM Non Cash Operating Lease Expense

Non Cash Operating Lease Expense at other companies

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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%
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 srfm:NonCashOperatingLeaseExpense.

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 non cash operating lease expense?
Surf Air Mobility (SRFM) reported non cash operating lease expense of $1.06M in Q1 2026.
How has Surf Air Mobility's non cash operating lease expense changed year-over-year?
Surf Air Mobility's non cash operating lease expense decreased by 28.4% year-over-year, from $1.48M to $1.06M.
What does non cash operating lease expense mean?
This represents the portion of operating lease costs that does not involve an immediate cash outflow, typically recognized under accounting standards for right-of-use assets. It is added back to net income in the cash flow statement to reconcile accrual-based accounting with actual cash movements. Monitoring this helps investors distinguish between non-cash accounting charges and actual cash obligations related to leased facilities or equipment.