earnings
confidence high
sentiment positive
materiality 0.80
Surf Air Mobility beats Q3 revenue; raises FY guidance to at least $105M; closes $100M strategic deal
SURF AIR MOBILITY INC.
2025-Q3 EPS
reported -$2.74
vs consensus -$0.62
▼ miss
(-344.0%)
- Q3 revenue $29.2M (above $27-28.5M guidance); net loss $27.2M; Adj. EBITDA loss $9.9M (in line).
- Second consecutive quarter of profitability in airline operations (positive Adjusted EBITDA).
- Closed $100M strategic transaction: $26M equity for SurfOS + $74M convertible note from High Trail.
- Entered 5-year exclusive Palantir agreement for Part 135 regional air mobility software market.
- FY2025 revenue guidance raised to at least $105M; Q4 revenue guidance $25.5-27.5M.