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Surf Air Mobility SRFM Business Segments — Operating Income

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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 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 business segments — operating income?
Surf Air Mobility (SRFM) reported business segments — operating income of -$13.36M in Q1 2026.
How has Surf Air Mobility's business segments — operating income changed year-over-year?
Surf Air Mobility's business segments — operating income increased by 28.1% year-over-year, from -$18.57M to -$13.36M.
What does business segments — operating income mean?
This metric measures the profitability of the air mobility segment by subtracting total operating expenses from segment revenue. It indicates the core operational health and the ability of the business model to generate profit from its primary aviation activities. A positive trend is a key indicator of the segment's transition toward sustainable financial performance.