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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›SRFM›Financials
Annual statements · SEC XBRL · FY2022 – FY2025

SURF AIR MOBILITY INC. (SRFM) financials

Income statement

SURF AIR MOBILITY INC. (SRFM) income statement, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Revenue$20.3M$60.5M$119M$107M
Revenue growth—198.4%97.4%-10.8%
Operating income-$50.9M-$197M-$60.3M-$76.9M
Operating margin-251.1%-325.2%-50.5%-72.1%
Net income-$74.4M-$251M-$74.9M-$111M
Net margin-366.8%-414.3%-62.7%-103.8%
EPS (diluted)-$5.51-$44.46-$5.80-$3.15

Cash flow

SURF AIR MOBILITY INC. (SRFM) cash flow, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Operating cash flow-$28.0M-$64.4M-$54.3M-$64.2M
Capital expenditures$99.0K$7.59M$11.8M$5.94M
Free cash flow-$28.1M-$72.0M-$66.1M-$70.1M

Balance sheet

SURF AIR MOBILITY INC. (SRFM) balance sheet, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Cash & equivalents$6.00K$1.72M$21.1M$12.7M
Total assets$13.7M$111M$124M$132M
Total liabilities$105M$188M$244M$187M
Long-term debt—$20.6M$59.9M$14.4M
Shareholders' equity-$222M-$77.5M-$120M-$54.9M
Retained earnings-$352M-$603M-$677M-$788M
Shares (wtd avg diluted)13.5M5.64M12.9M35.1M

Every figure is extracted from SURF AIR MOBILITY INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is SURF AIR MOBILITY INC.'s annual revenue?
SURF AIR MOBILITY INC. (SRFM) reported $107M of revenue for fiscal year 2025 — down 10.8% from $119M in FY2024, per its annual report filed with the SEC.
Is SURF AIR MOBILITY INC. profitable?
Not in FY2025 — SRFM reported a net loss of $111M, per SEC filings.
What is SURF AIR MOBILITY INC.'s free cash flow?
-$70.1M in FY2025 (operating cash flow -$64.2M minus $5.94M of capital expenditures), from the SEC cash-flow statement.
Does SRFM pay a dividend?
SURF AIR MOBILITY INC. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full SRFM analysis — verdict, score & filings →Is SRFM a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.