SRFM Surf Air Mobility Inc. Common Stock

NYSE · Airlines
$1.11
Price · May 1, 2026
Fundamentals as of Mar 12, 2026

SRFM Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$1.10
Market Cap
$142M
P/E (TTM)
-0.6
EPS (TTM)
$-3.15
Revenue (TTM)
$107M
Div Yield
ROE
129.8%
Debt/Equity
-0.3
52W Range
$1 – $10

SRFM Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $107M
4-point trend, +425.6%
2022-12-31 2025-12-31
EPS $-3.15
4-point trend, +42.8%
2022-12-31 2025-12-31
Free Cash Flow $-70M
3-point trend, +2.6%
2023-12-31 2025-12-31
Margins -103.8%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
SRFM
Peer Median
P/E (TTM)
3-point trend, -152.4%
-0.6
11.7
P/S (TTM)
3-point trend, -90.3%
1.3
0.6
P/B
3-point trend, +75.8%
-2.6
1.9
EV / EBITDA
3-point trend, +56.0%
-1.9
Price / FCF
3-point trend, +82.4%
-2.0

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
SRFM
Peer Median
Operating Margin
3-point trend, +77.8%
-72.1%
Net Profit Margin
3-point trend, +75.0%
-103.8%
-5.2%
ROA
3-point trend, +78.5%
-86.5%
-2.8%
ROE
3-point trend, -87.3%
129.8%
-25.7%
ROIC
3-point trend, -46.0%
202.9%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
SRFM
Peer Median
Debt / Equity
3-point trend, +6.4%
-0.3
178.2
Current Ratio
3-point trend, +82.8%
0.2
0.6
Quick Ratio
3-point trend, +160.4%
0.1

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
SRFM
Peer Median
Revenue YoY
4-point trend, +425.6%
-10.8%
Revenue CAGR 3Y
4-point trend, +425.6%
73.9%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
SRFM
Peer Median
EPS (Diluted)
4-point trend, +42.8%
$-3.15

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
SRFM
Peer Median

SRFM Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 8 analysts
  • Strong Buy 2 25.0%
  • Buy 4 50.0%
  • Hold 2 25.0%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

2 analysts · 2026-04-26
Median target $7.12 +544.8%
Mean target $7.12 +544.8%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.12%
Next Report
May 11, 2026
Period EPS Actual EPS Est Surprise
Dec. 31, 2025 $-0.61 $-0.39 -0.22%
Sept. 30, 2025 $-0.64 $-0.62 -0.02%
June 30, 2025 $-1.34 $-1.11 -0.23%
March 31, 2025 $-1.09 $-1.10 0.01%

Peer Comparison Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
SRFM $142M -0.6 -10.8% -103.8% 129.8%
SNCY $766M 15.0 4.7% 4.7% 8.5%
ULCC $1.08B -7.8 -1.4% -3.7% -27.5%
RJET $840M 9.8 251.9% 4.5% 11.8%
UP $474M -1.6 -7.0% -40.0% 99.0%
JTAI $4M 1.8 -34.5% 50.0% 27.6% -3.3%
DAL $45.80B 9.1 2.8% 7.9% 26.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 14
Annual Income Statement data for SRFM
Metric Trend 2025202420232022
Revenue 4-point trend, +425.6% $107M $119M $61M $20M
SG&A Expense 4-point trend, +44.7% $53M $30M $101M $37M
Operating Expenses 4-point trend, +157.7% $183M $180M $257M $71M
Operating Income 4-point trend, -51.0% $-77M $-60M $-197M $-51M
Interest Expense 2-point trend, +398.2% · · $3M $596.0K
Other Non-op 4-point trend, -660.3% $-8M $12.0K $-4M $-1M
Pretax Income 4-point trend, -49.2% $-111M $-75M $-254M $-74M
Income Tax 3-point trend, +88.5% $-380.0K $-287.0K $-3M ·
Net Income 4-point trend, -48.7% $-111M $-75M $-251M $-74M
EPS (Basic) 4-point trend, +42.8% $-3.15 $-5.80 $-44.46 $-5.51
EPS (Diluted) 4-point trend, +42.8% $-3.15 $-5.80 $-44.46 $-5.51
Shares (Basic) 4-point trend, +160.2% 35,101,792 12,910,341 5,638,128 13,492,823
Shares (Diluted) 4-point trend, +160.2% 35,101,792 12,910,341 5,638,128 13,492,823
EBITDA 3-point trend, +60.9% $-77M $-60M $-197M ·
Balance Sheet 24
Annual Balance Sheet data for SRFM
Metric Trend 2025202420232022
Cash & Equivalents 4-point trend, +211100.0% $13M $21M $2M $6.0K
Receivables 4-point trend, +2340.4% $4M $4M $5M $161.0K
Prepaid Expense 4-point trend, +84.7% $14M $9M $11M $8M
Current Assets 4-point trend, +290.3% $31M $34M $18M $8M
PP&E (Net) 4-point trend, +7206.9% $46M $42M $46M $624.0K
PP&E (Gross) 4-point trend, +4056.7% $56M $48M $48M $1M
Accum. Depreciation 4-point trend, +1334.1% $10M $6M $2M $722.0K
Goodwill Flat — no change across 3 periods · $0 $0 $0
Intangibles 4-point trend, +1460.4% $20M $23M $27M $1M
Other Non-current Assets 4-point trend, +543.6% $12M $6M $6M $2M
Total Assets 4-point trend, +861.4% $132M $124M $111M $14M
Accounts Payable 4-point trend, +43.0% $18M $18M $19M $13M
Accrued Liabilities · · · $15M
Current Liabilities 4-point trend, +132.8% $134M $90M $140M $57M
Capital Leases 4-point trend, +3442.3% $9M $12M $6M $246.0K
Other Non-current Liabilities 4-point trend, -60.3% $4M $24M $19M $10M
Total Liabilities 4-point trend, +77.5% $187M $244M $188M $105M
Long-term Debt 3-point trend, -33.7% $17M $62M $26M ·
Total Debt 3-point trend, -33.7% $17M $62M $26M ·
Common Stock 4-point trend, +600.0% $7.0K $2.0K $1.0K $1.0K
Retained Earnings 4-point trend, -124.0% $-788M $-677M $-603M $-352M
Stockholders' Equity 4-point trend, +75.3% $-55M $-120M $-77M $-222M
Liabilities + Equity 4-point trend, +861.4% $132M $124M $111M $14M
Shares Outstanding 4-point trend, +485.2% 73,082,025 16,933,692 10,878,633 12,487,438
Cash Flow 11
Annual Cash Flow data for SRFM
Metric Trend 2025202420232022
D&A 4-point trend, +805.0% $9M $8M $4M $1M
Deferred Tax 3-point trend, +88.6% $-380.0K $-287.0K $-3M ·
Amort. of Intangibles 4-point trend, +416.7% $3M $4M $2M $600.0K
Operating Cash Flow 4-point trend, -128.8% $-64M $-54M $-64M $-28M
CapEx 4-point trend, +5896.0% $6M $12M $8M $99.0K
Investing Cash Flow 4-point trend, -1816.4% $-6M $-4M $-7M $-298.0K
Stock Issued 4-point trend, +78956.9% $51M $0 $25M $65.0K
Net Stock Activity 3-point trend, +105.5% $51M $0 $25M ·
Financing Cash Flow 4-point trend, +156.4% $71M $77M $73M $28M
Free Cash Flow 3-point trend, +2.6% $-70M $-66M $-72M ·
Levered FCF · · $-75M ·
Profitability 7
Annual Profitability data for SRFM
Metric Trend 2025202420232022
Operating Margin 3-point trend, +77.8% -72.1% -50.5% -325.2% ·
Net Margin 3-point trend, +75.0% -103.8% -62.7% -414.3% ·
Pretax Margin 3-point trend, +75.2% -104.1% -63.0% -419.8% ·
EBITDA Margin 3-point trend, +77.8% -72.1% -50.5% -325.2% ·
ROA 3-point trend, +78.5% -86.5% -63.7% -402.1% ·
ROE 3-point trend, -87.3% 129.8% 58.6% 1019.4% ·
ROIC 3-point trend, -46.0% 202.9% 104.3% 375.7% ·
Liquidity & Solvency 5
Annual Liquidity & Solvency data for SRFM
Metric Trend 2025202420232022
Current Ratio 3-point trend, +82.8% 0.2 0.4 0.1 ·
Quick Ratio 3-point trend, +160.4% 0.1 0.3 0.0 ·
Debt / Equity 3-point trend, +6.4% -0.3 -0.5 -0.3 ·
LT Debt / Equity 3-point trend, +1.4% -0.3 -0.5 -0.3 ·
Interest Coverage · · -66.3 ·
Efficiency 2
Annual Efficiency data for SRFM
Metric Trend 2025202420232022
Asset Turnover 3-point trend, -14.1% 0.8 1.0 1.0 ·
Receivables Turnover 3-point trend, +10.3% 26.0 25.9 23.6 ·
Per Share 5
Annual Per Share data for SRFM
Metric Trend 2025202420232022
Book Value / Share 3-point trend, +26.2% $-0.75 $-7.09 $-1.02 ·
Revenue / Share 3-point trend, +98.0% $3.04 $9.25 $1.53 ·
Cash Flow / Share 3-point trend, -12.1% $-1.83 $-4.21 $-1.63 ·
Cash / Share 3-point trend, +667.3% $0.17 $1.25 $0.02 ·
EPS (TTM) 3-point trend, +92.9% $-3.15 $-5.80 $-44.46 ·
Growth Rates 2
Annual Growth Rates data for SRFM
Metric Trend 2025202420232022
Revenue YoY 3-point trend, -105.4% -10.8% 97.4% 198.4% ·
Revenue CAGR 3Y 73.9% · · ·
Valuation (TTM) 13
Annual Valuation (TTM) data for SRFM
Metric Trend 2025202420232022
Revenue TTM 3-point trend, +76.1% $107M $119M $61M ·
Net Income TTM 3-point trend, +55.9% $-111M $-75M $-251M ·
Market Cap 3-point trend, -82.8% $142M $91M $826M ·
Enterprise Value 3-point trend, -82.8% $146M $133M $850M ·
P/E 3-point trend, -152.4% -0.6 -0.9 -0.2 ·
P/S 3-point trend, -90.3% 1.3 0.8 13.7 ·
P/B 3-point trend, +75.8% -2.6 -0.8 -10.7 ·
P / Cash Flow 3-point trend, +82.8% -2.2 -1.7 -12.8 ·
P / FCF 3-point trend, +82.4% -2.0 -1.4 -11.5 ·
EV / EBITDA 3-point trend, +56.0% -1.9 -2.2 -4.3 ·
EV / FCF 3-point trend, +82.3% -2.1 -2.0 -11.8 ·
EV / Revenue 3-point trend, -90.2% 1.4 1.1 14.1 ·
Earnings Yield 3-point trend, +60.4% -162.4% -107.6% -409.8% ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-31
Revenue $107M$119M$61M$20M
Operating Margin % -72.1%-50.5%-325.2%
Net Income $-111M$-75M$-251M$-74M
Diluted EPS $-3.15$-5.80$-44.46$-5.51
Balance Sheet
2025-12-312024-12-312023-12-312022-12-31
Debt / Equity -0.3-0.5-0.3
Current Ratio 0.20.40.1
Quick Ratio 0.10.30.0
Cash Flow
2025-12-312024-12-312023-12-312022-12-31
Free Cash Flow $-70M$-66M$-72M

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