Surf Air Mobility reports Q4 revenue $26.4M, net loss $36.9M; guides 20-30% revenue growth for 2026

SURF AIR MOBILITY INC.

Q4 2025 revenue $26.4M, down 6% YoY; net loss $36.9M vs $1.3M income in prior year.
Full-year 2025 revenue $106.6M, down 10.8% YoY; Adj EBITDA loss improved to $41.7M from $44.1M.
Guides FY2026 revenue $128-138M (20-30% growth) and Adj EBITDA loss $50-40M; Q1 revenue $24-26M, Adj EBITDA loss $15.5-13.5M.
Announced strategic partnership with BETA Technologies: order for 25 electric aircraft plus options for 75, launch operator status.
Committed $22.4M investment in Mokulele Airlines and Hawaii infrastructure; net debt reduced 47% to $74M.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SURF AIR MOBILITY INC. reported full year ended December 31, 2025 results: revenue $106.6 million, net income $110.5 million.

Period: full year ended December 31, 2025
Revenue: $106.6 million
Net income: $110.5 million
Result: reported results

Exact text from the filing

Revenue of $106.6 million for the full year 2025 decreased 10.8% compared to $119.4 million for the prior year.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SURF AIR MOBILITY INC. updated its 2026 guidance (initiated).

Period: 2026
Guidance: initiated
Result: guidance update

Exact text from the filing

the Company is establishing 2026 revenue guidance 20 to 30 percent above the 2025 results.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SURF AIR MOBILITY INC. reported fourth quarter ended December 31, 2025 results: revenue $26.4 million, net income $36.9 million.

Period: fourth quarter ended December 31, 2025
Revenue: $26.4 million
Net income: $36.9 million
Result: reported results

Exact text from the filing

Revenue of $26.4 million for the fourth quarter of 2025 decreased 6% compared to $28.05 million for the same period of the prior year, meeting the Company’s expectation of $25.5 to $27.5 million.

View on SEC.gov

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SURF AIR MOBILITY INC. filing history →

Source: SEC EDGAR

accession 0001193125-26-104302

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