SRFM · XBRL financial data

Surf Air Mobility financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (SRFM's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
General and administrative	55,618	27,315*	24,609	19,596	415	(14,769)*	10,886	12,628	11,200	19,112*	6,059	11,488
Operating income (loss)	(63,023)	(108,542)*	(34,470)	(25,257)	(8,638)	8,109*	(18,567)	(15,931)	(16,500)	(25,876)*	(13,355)	(18,798)
Interest expense	935	1,337*	1,671	1,911	2,087	2,948*	3,895	3,766	3,255	2,289*	1,224	1,239
Other income (expense)	(3,359)	(44)*	(355)	304	(265)	328*	(1,492)	(612)	(105)	(6,170)*	(2,109)	(1,355)
Income tax expense (benefit)	(3,571)	267*	(46)	(35)	(14)	(192)*	(53)	(64)	(62)	(201)*	(39)	(53)
Net income (loss)	(74,609)	(110,994)*	(36,965)	(26,983)	(12,225)	1,265*	(18,466)	(27,998)	(27,213)	(36,879)*	(20,262)	(28,133)
Earnings per share, basic USD per share	(1.36)	—	(0.48)	(0.33)	(0.94)	—	(1.09)	(1.34)	(0.64)	—	(0.26)	(0.29)
Earnings per share, diluted USD per share	(1.36)	—	(0.48)	(0.33)	(0.94)	—	(1.09)	(1.34)	(0.64)	—	(0.26)	(0.29)
Weighted average shares, basic thousands of shares	54,695	—	77,309	81,891	12,971	—	16,906	20,903	42,431	—	76,872	98,388
Weighted average shares, diluted thousands of shares	54,695	—	77,309	81,891	12,971	—	16,906	20,903	42,431	—	76,872	98,388

Balance sheet

CSV

Fiscal quarters (SRFM's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	5,916	1,720	1,278	1,460	506	21,107	6,625	22,571	7,062	12,672	4,163	18,429
Accounts receivable	3,916	4,965	4,710	4,487	4,360	4,257	4,729	5,308	5,035	3,929	3,705	4,777
Prepaid and other current assets	18,202	11,051	10,725	9,928	9,310	8,511	8,625	10,836	9,915	14,320	13,190	18,130
Total current assets	28,034	17,736	16,713	15,875	14,176	33,875	19,979	38,715	22,012	30,921	21,058	41,336
Property and equipment, net	49,223	45,991	46,706	47,041	44,005	42,213	39,669	42,003	43,530	45,595	47,393	52,382
Right-of-use asset	13,161	12,818	12,263	10,523	8,767	17,046	15,631	14,983	13,721	12,510	11,358	14,500
Goodwill	58,164	0	—	—	—	0	—	—	—	—	—	—
Total assets	185,474	110,989	108,786	105,547	97,879	124,058	105,273	128,983	106,786	131,681	120,827	140,731
Accounts payable	19,998	18,854	20,575	25,983	26,791	17,976	17,845	19,466	16,403	18,437	21,143	22,148
Accrued liabilities	—	—	300	300	300	—	—	—	—	—	—	—
Current portion of long-term debt	2,942	5,177	5,080	4,922	4,822	2,543	2,585	2,610	2,660	2,712	2,741	12,585
Total current liabilities	104,482	140,114	165,470	186,843	133,102	89,610	92,071	97,076	88,125	133,610	132,926	157,782
Long-term debt	23,566	20,617	19,985	18,346	17,707	59,883	60,345	60,695	61,140	14,389	13,760	10,007
Lease liability, non-current	6,286	5,507	4,666	3,894	3,215	11,540	10,823	10,524	9,608	8,714	7,801	10,434
Total liabilities	157,176	188,474	215,087	233,637	233,489	244,055	240,910	244,466	199,343	186,538	177,422	183,188
Accumulated deficit	(491,541)	(602,535)	(639,500)	(666,483)	(678,708)	(677,443)	(695,909)	(723,907)	(751,120)	(787,999)	(808,261)	(836,394)
Total stockholders' equity	28,298	(77,485)	(106,301)	(128,090)	(135,610)	(119,997)	(135,637)	(115,483)	(92,557)	(54,857)	(63,195)	(42,457)
Total liabilities and equity	185,474	110,989	108,786	105,547	97,879	124,058	105,273	128,983	106,786	131,681	120,827	140,731
Common shares outstanding (cover page) thousands of shares	73,627	80,772	83,035	89,786	15,508	16,947	19,284	42,826	52,266	76,993	100,397	119,138

Cash flows

CSV

Fiscal quarters (SRFM's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(74,609)	(110,994)*	(36,965)	(26,983)	(12,225)	1,265*	(18,466)	(27,998)	(27,213)	(36,879)*	(20,262)	(28,133)
Net cash from operating activities	(24,453)*	(19,296)*	(12,810)	(5,622)*	(12,310)*	(23,580)*	(15,804)	(10,643)*	(19,341)*	(18,372)*	(12,252)	(1,155)*
Purchases of property and equipment	11,450*	(4,065)*	715	705*	1,253*	9,085*	1,271	1,212*	1,735*	1,718*	2,764	6,881*
Net cash from investing activities	(10,823)*	4,023*	(743)	(1,878)*	(1,844)*	856*	782	(1,806)*	(2,277)*	(2,410)*	(3,539)	(7,729)*
Proceeds from issuing common stock	—	0*	—	—	—	year only	—	—	0*	20,001*	—	—
Proceeds from issuing equity	—	—	—	—	—	—	5,000	—	—	—	—	—
Proceeds from long-term debt	—	—	—	—	—	—	917	916*	917*	—	—	—
Net cash from financing activities	38,925*	10,879*	13,113	7,583*	13,202*	43,277*	542	32,803*	1,186*	36,428*	7,347	13,049*

Compare with peers

SIC 4522 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 4522 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (4522) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Surf Air Mobility	18,429	not reported	(1,155)*	119.1M	16.0 quarters	Q2 FY26 10-QJun 30, 2026
Wheels Up Experience	86,309	181,999	(91,629)*	36.3M	0.9 quarters	Q2 FY26 10-QJun 30, 2026
Bristow Groupadded: same SIC	312,297	411,755	41,076*	29.6M	—	Q2 FY26 10-QJun 30, 2026
Flyexclusiveadded: same SIC	14,236	111,124	2,746*	49.9M	—	Q2 FY26 10-QJun 30, 2026
Jet.AIadded: same SIC	10,609	5,320	(2,660)*	3.6M	4.0 quarters	Q2 FY26 10-QJun 30, 2026
Volato Groupadded: same SIC	0	152	(282)*	53.6M	—	Q2 FY26 10-QJun 30, 2026
Creatdadded: same SIC	335	174	not reported	3.3M	—	Q2 FY26 10-QJun 30, 2026
Star Jets Internationaladded: same SIC	not reported	not reported	not reported	not reported	—	—

Not investment advice. Not affiliated with the U.S. SEC.