Surf Air Mobility Inc.SRFM

NYSEIndustrialsAir Transportation, Nonscheduled
Price (close)
$0.92
Market cap
$109.8M
P/E
—
Revenue (TTM)
$110.7M
Net income
-$112.5M
Dividend yield
—
1-year total return
-77.5%
Net margin
-101.6%
Revenue growth
3.1%
Debt / equity
—

What Surf Air Mobility Inc. does.

Surf Air Mobility Inc. (the “Company”), a Delaware corporation, is a regional air mobility platform that aims to transform regional flying. The Company currently operates one of the largest commuter airlines in the United States by scheduled departures as well as an expanding on-demand charter marketplace for passengers in the U.S. and globally. The Company’s operations provide scale, distribution and real-world operating data to validate and, eventually, deploy the software and technology offerings it is currently developing to support the modernization of air operations and the adoption of next-generation aircraft.

The Air Mobility business is an established regional air mobility platform providing scheduled service and an on-demand charter marketplace to passengers in the U.S. and globally. Current initiatives surrounding the Air Technology business seek to develop proprietary aviation software, aircraft electrification powertrain technology and services to enable electrification across the regional air mobility sector.

The Company was incorporated in 2021 and became the ultimate parent of both Surf Air Global Limited (“Surf Air”) and Southern Airways Corporation (“Southern”) in July of 2023 following the Company’s public listing on the NYSE. For 2025, the Company served over 300,000 passengers with approximately 62,000 scheduled departures. We expect the combination of our legacy networks will continue to provide the basis for our expanded, nationwide regional Air Mobility business.

Revenue and profit, by fiscal year.

Fiscal year20212022202320242025
Revenue—$20.3M$60.5M$119.4M$106.6M
Net income—-$74.4M-$250.7M-$74.9M-$110.6M
Free cash flow—-$28.1M-$72.0M-$66.1M-$70.1M

More on SRFM.

Figures from Surf Air Mobility Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.