Security
Surf Air Mobility Inc. · SRFM
SRFMNYSECommon stockCurrentCIK 1936224Updated Oct 6, 2026
SRFM price & chart
Loading TradingView…
NYSE:SRFM on TradingView ↗About the company
Surf Air Mobility is a Los Angeles-based air mobility platform. With its AI-enabled SurfOS software, Surf Air Mobility provides technology designed to support the modernization of air operations and the adoption of next-generation aircraft. The Company currently operates one of the largest commuter airlines in the United States by scheduled departures and provides private charter services. Together, these businesses provide the operational scale and real-world operating data to validate and deploy its software. These capabilities position Surf Air Mobility as a leader shaping a more efficient, connected, and accessible future for aviation.
In the news
Recent filings
Other Events
Items 8.01, 9.01
424B5 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
S-8 filing
EFFECT filing
Show 5 more recent filings
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
S-3 filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Submission of Matters to a Vote of Security Holders
Items 3.01, 5.07, 9.01
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 131,681,000Source | 124,058,000Source | 110,989,000Source | 13,697,000Source |
| Property, Plant and Equipment, NetUSD | 45,595,000Source | 42,213,000Source | 45,991,000Source | 624,000Source |
| GoodwillUSD | — | 0Source | 0Source | 0Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 20,067,000Source | 23,118,000Source | 26,663,000Source | 1,286,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 12,672,000Source | 21,107,000Source | 1,720,000Source | 6,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 3,929,000Source | 4,257,000Source | 4,965,000Source | 161,000Source |
| Assets, CurrentUSD | 30,921,000Source | 33,875,000Source | 17,736,000Source | 7,922,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 14,320,000Source | 8,511,000Source | 11,051,000Source | 7,755,000Source |
| Operating Lease, Right-of-Use AssetUSD | 12,510,000Source | 17,046,000Source | 12,818,000Source | 1,143,000Source |
| Other Assets, NoncurrentUSD | 11,688,000Source | 6,123,000Source | 5,727,000Source | 1,816,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 186,538,000Source | 244,055,000Source | 188,474,000Source | 105,119,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | 0Source | — | — |
| Common Stock, Value, IssuedUSD | 7,000Source | 2,000Source | 8,000Source | 1,000Source |
| Retained Earnings (Accumulated Deficit)USD | -787,999,000Source | -677,443,000Source | -602,535,000Source | -351,839,000Source |
| Stockholders' Equity Attributable to ParentUSD | -54,857,000Source | -119,997,000Source | -77,485,000Source | -222,089,000Source |
| Additional Paid in Capital, Common StockUSD | 733,135,000Source | 557,444,000Source | 525,042,000Source | 126,335,000Source |
| Liabilities and EquityUSD | 131,681,000Source | 124,058,000Source | 110,989,000Source | 13,697,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 133,610,000Source | 89,610,000Source | 140,114,000Source | 57,398,000Source |
| Operating Lease, Liability, CurrentUSD | 3,636,000Source | 4,120,000Source | 4,104,000Source | 903,000Source |
| Accounts Payable, CurrentUSD | 18,437,000Source | 17,976,000Source | 18,854,000Source | 12,891,000Source |
| Operating Lease, Liability, NoncurrentUSD | 8,714,000Source | 11,540,000Source | 5,507,000Source | 246,000Source |
| Other Liabilities, NoncurrentUSD | 3,872,000Source | 24,270,000Source | 19,426,000Source | 9,762,000Source |
| Additional Financial Items | ||||
| Deferred Revenue, CurrentUSD | 17,924,000Source | 17,393,000Source | 19,011,000Source | 7,820,000Source |
| Deferred Tax Liabilities, NetUSD | 782,000Source | 1,041,000Source | 14,352,000Source | 610,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 2,712,000Source | 2,543,000Source | 5,177,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 14,389,000Source | 59,883,000Source | 20,617,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -328,000Source | -708,000Source | 262,000Source | 146,000Source |
| Increase (Decrease) in Accounts PayableUSD | 2,487,000Source | 9,530,000Source | 2,656,000Source | 1,336,000Source |
| Deferred Income Tax Expense (Benefit)USD | -380,000Source | -287,000Source | -3,321,000Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -64,160,000Source | -54,322,000Source | -64,371,000Source | -28,037,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -5,711,000Source | -3,609,000Source | -7,100,000Source | -298,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 5,936,000Source | 11,758,000Source | 7,588,000Source | 99,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 380,000Source | 0Source | 1,273,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 70,959,000Source | 77,175,000Source | 72,990,000Source | 27,673,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 22,763,000Source | 21,675,000Source | 2,431,000Source | 912,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 10,061,000Source | -5,976,000Source | 48,252,000Source | 12,452,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 1,727,000Source | 252,000Source | 97,000Source | 46,000Source |
| Amortization of Intangible AssetsUSD | 3,100,000Source | 3,500,000Source | 1,800,000Source | 600,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -954,000Source | 743,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -3,904,000Source | 5,398,000Source | -326,000Source | 5,951,000Source |
| General and Administrative ExpenseUSD | 53,285,000Source | 29,851,000Source | 100,669,000Source | 36,824,000Source |
| GoodwillUSD | — | 0Source | 0Source | 0Source |
| Goodwill, Impairment LossUSD | — | 0Source | 60,045,000Source | — |
| Income Tax Expense (Benefit)USD | -380,000Source | -287,000Source | -3,304,000Source | — |
| InterestExpenseNonoperatingUSD | 13,205,000Source | 8,617,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -110,556,000Source | -74,908,000Source | -250,696,000Source | -74,362,000Source |
| Nonoperating Income (Expense)USD | -34,062,000Source | -14,939,000Source | -57,233,000Source | -23,458,000Source |
| Other Nonoperating Income (Expense)USD | -8,379,000Source | 12,000Source | -3,708,000Source | -1,102,000Source |
| Proceeds from Issuance of Common StockUSD | 51,387,000Source | 0Source | 25,000,000Source | 65,000Source |
| Proceeds from Stock Options ExercisedUSD | 255,000Source | 20,000Source | 191,000Source | 7,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 106,557,000Source | 119,425,000Source | 60,505,000Source | 20,274,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Income (Loss)USD | -76,874,000Source | -60,256,000Source | -196,767,000Source | -50,904,000Source |
| Other Nonoperating Income (Expense)USD | -8,379,000Source | 12,000Source | -3,708,000Source | -1,102,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -110,936,000Source | -75,195,000Source | -254,000,000Source | -74,362,000Source |
| Income Tax Expense (Benefit)USD | -380,000Source | -287,000Source | -3,304,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -110,556,000Source | -74,908,000Source | -250,696,000Source | -74,362,000Source |
| Earnings Per Share, BasicUSD per share | -3.15Source | -5.8Source | -6.35Source | -5.51Source |
| Earnings Per Share, DilutedUSD per share | -3.15Source | -5.8Source | -6.35Source | -5.51Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 35,101,792Source | 12,910,341Source | 39,466,906Source | 13,492,823Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 35,101,792Source | 12,910,341Source | 39,466,906Source | 13,492,823Source |
| Interest Expense (non-operating)USD | 13,205,000Source | 8,617,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 3,100,000Source | 3,500,000Source | 1,800,000Source | 600,000Source |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 102,376,000Source | 109,934,000Source | 61,918,000Source | 24,824,000Source |
| Costs and ExpensesUSD | 183,431,000Source | 179,681,000Source | 257,272,000Source | 71,178,000Source |
| Current Income Tax Expense (Benefit)USD | 15,000Source | 8,000Source | 17,000Source | 5,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 9,294,000Source | 8,341,000Source | 3,762,000Source | 1,027,000Source |
| General and Administrative ExpenseUSD | 53,285,000Source | 29,851,000Source | 100,669,000Source | 36,824,000Source |
| Goodwill, Impairment LossUSD | — | 0Source | 60,045,000Source | — |
| Interest ExpenseUSD | — | — | 2,969,000Source | 596,000Source |
| Nonoperating Income (Expense)USD | -34,062,000Source | -14,939,000Source | -57,233,000Source | -23,458,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 106,557,000Source | 119,425,000Source | 60,505,000Source | 20,274,000Source |
| Selling and Marketing ExpenseUSD | 8,177,000Source | 7,514,000Source | 10,028,000Source | 5,214,000Source |
Offerings
Registration 333-298204
Filing attachments
srfm-ex99_1.htm · 8-K · 2026-09-28
Surf Air Mobility Appoints Jason Secore as Chief Financial Officer Los Angeles, CA - September 28 - Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or the “Company”), a leading air mobility platform, today announced the appointment of Jason Secore as Chief Financial Officer, effective September 30, 2026. Mr. Secore brings 18 years of finance leadership experience across aviation, aerospace, and technology companies. He has served as Chief Financial Officer of Matternet, a full-stack a…
Read attachment ↗srfm-ex99_1.htm · S-8 · 2026-09-04
SURF AIR MOBILITY INC. 2026 INDUCEMENT PLAN PURPOSE OF PLAN The purpose of the Surf Air Mobility Inc. 2026 Inducement Plan (this “Plan”) of Surf Air Mobility Inc., a Delaware corporation (the “Corporation”), is to promote the success of the Corporation by enabling the Corporation to grant equity-based awards to newly hired employees as a material inducement to such individuals entering into employment with the Corporation or one of its Subsidiaries, thereby helping the Corporation to attrac…
Read attachment ↗srfm-ex99_1.htm · 8-K · 2026-08-10
EX-99.1 2 srfm-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Surf Air Mobility Reports Second Quarter 2026 Financial Results, Meeting Revenue and Adjusted EBITDA Guidance Second Quarter Revenue of $29.5 Million, Driven By Over 100% Year-Over-Year Increase In Surf On Demand Private Charter Revenue, At the High End of the Guidance Range of $27 Million to $30 Million Second Quarter Adjusted EBITDA Loss of $10.5 Million, Within the Guidance Range of $10.5 Million to $8.5 Million Signed First Surf…
Read attachment ↗srfm-ex99_1.htm · 8-K · 2026-07-24
EX-99.1 2 srfm-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Surf Air Mobility Receives Continued Listing Standard Notice from NYSE Surf Air Mobility continues to trade on the NYSE under ticker symbol SRFM. LOS ANGELES, CA - July 24, 2026 - Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”), a leading air mobility platform, today announced that on July 24, 2026, it received notice from the New York Stock Exchange (“NYSE”) that it is not in compliance with Section 802.01C of the NYSE Lis…
Read attachment ↗srfm-ex99_1.htm · 8-K · 2026-07-02
EX-99.1 2 srfm-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Electric Aviation Demonstrations Launch in Hawaiʻi: BETA Technologies and Surf Air Mobility Partner on Landmark Demonstration Program; Hawaiian Airlines Supporting Evaluation Activities BETA Technologies are conducting market survey demonstration flights using the ALIA CTOL for approximately six to eight weeks, generating data and advancing community education on electric aviation in Hawaiʻi. Surf Air Mobility plans to be the first P…
Read attachment ↗srfm-ex99_1.htm · 8-K · 2026-07-01
EX-99.1 10 srfm-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Surf Air Mobility Announces Debt Financing Transactions to Strengthen Balance Sheet and Reduce Future Shareholder Dilution New non-convertible $21.6 million asset-backed loan will provide incremental working capital. Remaining $47 million senior secured convertible note will be exchanged for two new instruments. New $17 million convertible note will reduce monthly payments by up to 50%. New $30 million non-convertible term note wi…
Read attachment ↗