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Surf Air Mobility SRFM Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin4.9%-0.6pp4.2%-3.8pp5.1%-0.7pp4.6%-2.0pp5.5%+3.3pp
Net margin-103.4%-52.0pp-103.8%-40.0pp-68.1%+90.2pp-54.7%+169pp-51.4%+261pp
EBITDA margin-57%-20.5pp-63.4%-15.6pp-35.9%+107pp-29.1%+171pp-36.5%+213pp
Free cash flow margin-62.6%-0.6pp-65.8%-10.5pp-76.4%-35.3pp-70%-6.5pp-62%
Returns
Return on assets-99.4%-45.5pp-86.5%-72%-50%-53.9%
Efficiency
Asset turnover-0.1×0.8×1.1×0.9×
Liquidity
Current ratio0.2×-0.1×0.2×-0.1×0.2×+0.1×0.4×+0.3×0.2×+0.1×
Quick ratio0.2×-0.1×0.2×-0.1×0.2×+0.1×0.4×+0.3×0.2×+0.1×
Cash ratio0.0×0.1×-0.1×0.1×+0.1×0.2×+0.2×0.1×+0.1×
Leverage
Debt-to-assets0.2×-0.5×0.2×-0.4×0.7×+0.4×0.6×+0.3×0.7×+0.4×
Interest coverage-6.8×-2.2×-5.8×+1.8×-3.5×+21.8×-3.2×+36.3×-4.6×+44.5×
Per Share
Book value per share-$0.82+89.8%-$1.56+83.2%-$2.18+79.1%-$5.52+49.5%-$8.02+16.6%
Valuation
Market capitalization$115.43M-1.6%$122.65M+46.7%$183.72M+969%$123.86M+287%$45.25M
Enterprise value$140.09M-19.2%$140.84M-1.8%$254.78M+437%$180M+184%$117.42M
Price / sales1.1×0.0×1.2×+0.5×1.7×+1.6×1.2×+0.9×0.4×
EV / sales1.3×-0.3×1.3×+0.1×2.4×+2.0×1.7×+1.1×
Free cash flow yield-58.9%+5.1pp-57.1%+21.9pp-45%+238pp-60.7%+161pp-153.9%
Earnings yield-97.3%-47.3pp-90.1%+1.0pp-40.1%+1,049pp-47.4%+733pp-127.5%

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Questions, answered.

What are Surf Air Mobility's profit margins?
Surf Air Mobility (SRFM) runs a 4.9% gross margin and a -65.9% operating margin, with a -103.4% net margin.
Where do Surf Air Mobility's ratios come from?
Every ratio is computed from Surf Air Mobility's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.