SURF AIR MOBILITY INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $106.6M | $119.4M | $60.5M | $20.3M | — |
| Operating income | -$76.9M | -$60.3M | -$196.8M | -$50.9M | — |
| Interest expense | $13.2M | $8.6M | $3.0M | $596,000 | — |
| Pretax income | -$110.9M | -$75.2M | -$254.0M | -$74.4M | — |
| Income tax expense | -$380,000 | -$287,000 | -$3.3M | $5,000 | — |
| Net income | -$110.6M | -$74.9M | -$250.7M | -$74.4M | — |
| Balance Sheet | |||||
| Cash and equivalents | $12.7M | $21.1M | $1.7M | $6,000 | — |
| Current assets | $30.9M | $33.9M | $17.7M | $7.9M | — |
| Total assets | $131.7M | $124.1M | $111.0M | $13.7M | — |
| Current liabilities | $133.6M | $89.6M | $140.1M | $57.4M | — |
| Total liabilities | $186.5M | $244.1M | $188.5M | $105.1M | — |
| Total debt | — | — | $18.6M | $4.5M | — |
| Stockholders' equity | -$54.9M | -$120.0M | -$77.5M | -$222.1M | -$173.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$64.2M | -$54.3M | -$64.4M | -$28.0M | — |
| Depreciation and amortization | $9.3M | $8.3M | $3.8M | $1.0M | — |
| Stock-based compensation | $10.1M | $6.0M | $48.3M | $12.5M | — |
| Capital expenditure | $5.9M | $11.8M | $7.6M | $99,000 | — |
| Free cash flow | -$70.1M | -$66.1M | -$72.0M | -$28.1M | — |
| Share repurchases | — | $1.3M | $1.3M | — | — |
| Impairments | — | $0 | $60.0M | — | — |
Shares outstanding 100.4M · Free float 77.0%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.