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Surf Air Mobility SRFM Schuman Aviation — Combined Lease And Engine Reserve Expense

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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:CombinedLeaseAndEngineReserveExpense.

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 schuman aviation — combined lease and engine reserve expense?
Surf Air Mobility (SRFM) reported schuman aviation — combined lease and engine reserve expense of $400K in Q1 2026.
How has Surf Air Mobility's schuman aviation — combined lease and engine reserve expense changed year-over-year?
Surf Air Mobility's schuman aviation — combined lease and engine reserve expense increased by 33.3% year-over-year, from $300K to $400K.
What does schuman aviation — combined lease and engine reserve expense mean?
This metric represents the aggregate costs associated with leasing aircraft assets and the periodic accruals for engine maintenance reserves within the specific aviation segment. It reflects the ongoing operational burden of maintaining a fleet through both rental obligations and capital-intensive engine upkeep requirements. Monitoring this expense helps investors assess the cost structure and maintenance intensity of the company's regional air mobility operations.