SRFM
Surf Air·NYSE
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SRFM fundamentals
During Q4 2025, Surf Air (SRFM) reported revenue of 26.45M, a YoY change of -5.71%. Net income was -36.88M, a YoY change of -3015.34%. Click to view the full income statement and explore the company's earnings performance.
Income Statement
Q1,2022 | Q2,2022 | Q3,2022 | Q4,2022 | Q1,2023 | Q2,2023 | Q3,2023 | Q4,2023 | Q1,2024 | Q2,2024 | Q3,2024 | Q4,2024 | Q1,2025 | Q2,2025 | Q3,2025 | Q4,2025 | TTM |
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Start Date | Jan 1, 2022 | Apr 1, 2022 | Jul 1, 2022 | Oct 1, 2022 | Jan 1, 2023 | Apr 1, 2023 | Jul 1, 2023 | Oct 1, 2023 | Jan 1, 2024 | Apr 1, 2024 | Jul 1, 2024 | Oct 1, 2024 | Jan 1, 2025 | Apr 1, 2025 | Jul 1, 2025 | Oct 1, 2025 | -- |
End Date | Mar 31, 2022 | Jun 30, 2022 | Sep 30, 2022 | Dec 31, 2022 | Mar 31, 2023 | Jun 30, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | -- |
Fiscal Year-End | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | -- |
Revenue | 4.82M -- | 4.48M -- | 5.08M -- | 5.90M -- | 5.51M +14.30% | 6.20M +38.34% | 21.97M +332.25% | 26.84M +355.16% | 30.62M +456.09% | 32.37M +422.45% | 28.39M +29.22% | 28.05M +4.52% | 23.51M -23.24% | 27.43M -15.25% | 29.17M +2.77% | 26.45M -5.71% | 106.56M -- |
Sales and Services Revenue | 4.82M -- | 4.48M -- | 5.08M -- | 5.90M -- | 5.51M +14.30% | 6.20M +38.34% | 21.97M +332.25% | 26.84M +355.16% | 30.62M +456.09% | 32.37M +422.45% | 28.39M +29.22% | 28.05M +4.52% | 23.51M -23.24% | 27.43M -15.25% | 29.17M +2.77% | 26.45M -5.71% | 106.56M -- |
Cost of Revenue | 5.32M -- | 5.95M -- | 6.22M -- | 7.34M -- | 6.65M +25.00% | 7.05M +18.51% | 20.61M +231.56% | 27.61M +276.14% | 28.49M +328.41% | 27.73M +293.37% | 27.50M +33.41% | 26.22M -5.03% | 24.71M -13.28% | 24.06M -13.24% | 27.66M +0.60% | 25.68M -2.06% | 102.11M -- |
Cost of Goods and Services | -- -- | -- -- | -- -- | 24.82M -- | -- -- | -- -- | 20.61M -- | 27.61M +11.22% | 28.49M -- | 27.73M -- | 27.50M +33.41% | 26.22M -5.03% | 24.71M -13.28% | 24.06M -13.24% | 27.66M +0.60% | 25.68M -2.06% | 102.11M -- |
Gross Profit | -502.00K -- | -1.47M -- | -1.13M -- | -1.44M -- | -1.14M -127.69% | -854.00K +41.90% | 1.36M +219.66% | -773.00K +46.47% | 2.13M +286.79% | 4.64M +642.97% | 890.00K -34.41% | 1.83M +336.61% | -1.20M -156.21% | 3.37M -27.26% | 1.51M +69.66% | 768.00K -58.01% | 4.45M -- |
Operating Expenses | 10.73M -- | 11.59M -- | 9.97M -- | 14.07M -- | 10.90M +1.64% | 12.30M +6.17% | 64.38M +545.54% | 107.77M +666.06% | 36.60M +235.67% | 29.89M +143.04% | 9.53M -85.20% | -6.28M -105.83% | 17.37M -52.56% | 19.30M -35.43% | 18.01M +89.02% | 26.64M +524.27% | 81.33M -- |
Selling, General and Administrative Expenses | 9.99M -- | 10.87M -- | 9.24M -- | 12.97M -- | 10.09M +1.07% | 11.48M +5.66% | 61.50M +565.40% | 31.38M +142.00% | 29.60M +193.23% | 24.24M +111.04% | 3.82M -93.79% | -11.94M -138.06% | 14.69M -50.38% | 16.57M -31.63% | 15.68M +310.76% | 24.36M +303.93% | 71.30M -- |
Selling and Marketing Expenses | -- -- | -- -- | -- -- | 5.21M -- | -- -- | -- -- | 4.53M -- | 2.18M -58.23% | 3.01M -- | 2.58M -- | 1.28M -71.69% | 645.00K -70.39% | 1.65M -45.06% | 1.50M -41.78% | 2.06M +60.69% | 2.96M +359.38% | 8.18M -- |
General and Administrative Expenses | -- -- | -- -- | -- -- | 36.82M -- | -- -- | -- -- | 55.62M -- | 27.32M -25.82% | 24.61M -- | 19.60M -- | 415.00K -99.25% | -14.77M -154.07% | 10.89M -55.76% | 12.63M -35.56% | 11.20M +2598.80% | 19.11M +229.41% | 53.83M -- |
Research and Development Expenses | 743.00K -- | 716.00K -- | 730.00K -- | 1.10M -- | 812.00K +9.29% | 816.00K +13.97% | 2.88M +294.11% | 16.34M +1384.47% | 7.01M +763.18% | 5.66M +593.38% | 5.71M +98.47% | 5.66M -65.35% | 2.68M -61.76% | 2.73M -51.68% | 2.33M -59.25% | 2.29M -59.62% | 10.03M -- |
Loss on Impairment of Other Assets | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | 60.05M -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Operating Income | -11.23M -- | -13.05M -- | -11.11M -- | -15.51M -- | -12.05M -7.27% | -13.15M -0.76% | -63.02M -467.42% | -108.54M -599.73% | -34.47M -186.11% | -25.26M -92.01% | -8.64M +86.29% | 8.11M +107.47% | -18.57M +46.14% | -15.93M +36.92% | -16.50M -91.02% | -25.88M -419.10% | -76.87M -- |
Non-Operating Income (Loss) | 584.00K -- | -5.70M -- | -10.03M -- | -8.31M -- | -8.53M -1559.76% | -31.37M -450.47% | -15.16M -51.07% | -2.19M +73.71% | -2.54M +70.19% | -1.76M +94.39% | -3.60M +76.24% | -7.04M -222.01% | 48.00K +101.89% | -12.13M -588.87% | -10.78M -199.22% | -11.20M -59.24% | -34.06M -- |
Gain (Loss) on Change in Fair Value | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -10.93M -- | 49.43M -- | -515.00K -- | -154.00K -- | -1.25M +88.57% | -9.81M -119.86% | 5.40M +1147.77% | -7.75M -4934.42% | -7.42M -493.67% | 1.20M +112.21% | -8.57M -- |
Other Non-Operating Income (Loss) | 944.00K -- | -5.53M -- | -10.03M -- | -8.24M -- | -8.35M -984.96% | -30.84M -457.40% | -3.30M +67.14% | -50.27M -509.97% | -355.00K +95.75% | 304.00K +100.99% | -265.00K +91.96% | 5.73M +111.39% | -1.45M -309.30% | -612.00K -301.32% | -105.00K +60.38% | -10.11M -276.62% | -12.28M -- |
Net Interest Expense | 360.00K -- | 165.00K -- | 4.00K -- | 68.00K -- | 171.00K -52.50% | 525.00K +218.18% | 935.00K +23275.00% | 1.34M +1866.18% | 1.67M +877.19% | 1.91M +264.00% | 2.09M +123.21% | 2.95M +120.49% | 3.90M +133.09% | 3.77M +97.07% | 3.25M +55.97% | 2.29M -22.35% | 13.21M -- |
Interest Expense | 360.00K -- | 165.00K -- | 4.00K -- | 68.00K -- | 171.00K -52.50% | 525.00K +218.18% | 935.00K +23275.00% | 1.34M +1866.18% | 1.67M +877.19% | 1.91M +264.00% | 2.09M +123.21% | 2.95M +120.49% | 3.90M +133.09% | 3.77M +97.07% | 3.25M +55.97% | 2.29M -22.35% | 13.21M -- |
Pretax Income From Continuing Operations | -10.65M -- | -18.75M -- | -21.14M -- | -23.82M -- | -20.57M -93.23% | -44.52M -137.40% | -78.18M -269.82% | -110.73M -364.81% | -37.01M -79.90% | -27.02M +39.31% | -12.24M +84.35% | 1.07M +100.97% | -18.52M +49.96% | -28.06M -3.86% | -27.27M -122.85% | -37.08M -3555.73% | -110.94M -- |
Income Tax Expense | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -3.57M -- | 267.00K -- | -46.00K -- | -35.00K -- | -14.00K +99.61% | -192.00K -171.91% | -53.00K -15.22% | -64.00K -82.86% | -62.00K -342.86% | -201.00K -4.69% | -380.00K -- |
Current Income Tax | -- -- | -- -- | -- -- | 5.00K -- | -- -- | -- -- | -- -- | 17.00K +240.00% | -- -- | -- -- | -- -- | 8.00K -52.94% | -- -- | -- -- | -- -- | 15.00K +87.50% | -- -- |
Deferred Income Tax | -- -- | -- -- | -- -- | -5.00K -- | -- -- | -- -- | -- -- | -3.32M -66320.00% | -- -- | -- -- | -- -- | -295.00K +91.12% | -- -- | -- -- | -- -- | -395.00K -33.90% | -- -- |
Net Income | -10.65M -- | -18.75M -- | -21.14M -- | -23.82M -- | -20.57M -93.23% | -44.52M -137.40% | -74.61M -252.93% | -110.99M -365.93% | -36.97M -79.68% | -26.98M +39.39% | -12.22M +83.61% | 1.26M +101.14% | -18.47M +50.04% | -28.00M -3.76% | -27.21M -122.60% | -36.88M -3015.34% | -110.56M -- |
Net Income Attributable to Owners of the Company | -10.65M -- | -18.75M -- | -21.14M -- | -23.82M -- | -20.57M -93.23% | -44.52M -137.40% | -74.61M -252.93% | -110.99M -365.93% | -36.97M -79.68% | -26.98M +39.39% | -12.22M +83.61% | 1.26M +101.14% | -18.47M +50.04% | -28.00M -3.76% | -27.21M -122.60% | -36.88M -3015.34% | -110.56M -- |
Net Income Attributable to Common Stockholders | -10.65M -- | -18.75M -- | -21.14M -- | -23.82M -- | -20.57M -93.23% | -44.52M -137.40% | -74.61M -252.93% | -110.99M -365.93% | -36.97M -79.68% | -26.98M +39.39% | -12.22M +83.61% | 1.26M +101.14% | -18.47M +50.04% | -28.00M -3.76% | -27.21M -122.60% | -36.88M -3015.34% | -110.56M -- |
Other Comprehensive Income | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Total Comprehensive Income | -- -- | -- -- | -- -- | 0 -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- |
Total Comprehensive Income Attributable to Owners of the Company | -- -- | -- -- | -- -- | -74.36M -- | -- -- | -- -- | -74.61M -- | -110.99M -49.26% | -36.97M -- | -26.98M -- | -12.22M +83.61% | 76.17M +168.63% | -18.47M +50.04% | -28.00M -3.76% | -27.21M -122.60% | 73.68M -3.28% | -- -- |
Basic EPS | -0.04 -- | -1.4 -- | -1.51 -- | -- -- | -1.46 -3550.00% | -3.14 -124.29% | -9.55 -532.45% | -1.46 -- | -3.35 -129.45% | -2.31 +26.43% | -0.94 +90.16% | 0.07 +104.79% | -1.09 +67.46% | -1.34 +41.99% | -0.64 +31.91% | -0.5 -814.29% | -3.57 -- |
Basic EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -9.55 -- | -- -- | -3.35 -- | -2.31 -- | -0.94 +90.16% | -- -- | -1.09 +67.46% | -1.34 +41.99% | -0.64 +31.91% | -- -- | -- -- |
Diluted EPS | -0.04 -- | -1.4 -- | -1.51 -- | -- -- | -1.46 -3550.00% | -3.14 -124.29% | -9.55 -532.45% | -- -- | -3.35 -129.45% | -2.31 +26.43% | -0.94 +90.16% | -- -- | -1.09 +67.46% | -1.34 +41.99% | -0.64 +31.91% | -- -- | -- -- |
Diluted EPS from Continuing Operations | -- -- | -- -- | -- -- | -- -- | -- -- | -- -- | -9.55 -- | -- -- | -3.35 -- | -2.31 -- | -0.94 +90.16% | -- -- | -1.09 +67.46% | -1.34 +41.99% | -0.64 +31.91% | -- -- | -- -- |
You can ask Aime
What guidance did Surf Air's management provide for the next earnings period?What were the key takeaways from Surf Air’s earnings call?What were the key takeaways from Surf Air's earnings call?Did Surf Air beat or miss consensus estimates last quarter?What factors drove the changes in Surf Air's revenue and profit?What is Surf Air's latest dividend and current dividend yield?What is the revenue and EPS growth rate for Surf Air year over year?What is Surf Air's gross profit margin?
