---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-104302"
form_type: "8-K"
ticker: "SRFM"
cik: "0001936224"
company_name: "SURF AIR MOBILITY INC."
filed_at: "2026-03-12T23:59:59+00:00"
generated_at: "2026-05-15T13:55:30.643674+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-104302
- form_type: 8-K
- ticker: SRFM
- cik: 0001936224
- company_name: SURF AIR MOBILITY INC.
- filed_at: 2026-03-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1936224/000119312526104302/0001193125-26-104302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1936224/000119312526104302/srfm-20260312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-104302
- JSON: https://secwatch.observer/filing/0001193125-26-104302.json
- Plain text: https://secwatch.observer/filing/0001193125-26-104302.txt

## Key facts
- Earnings Releases
  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
  source text: Revenue of $106.6 million for the full year 2025 decreased 10.8% compared to $119.4 million for the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1936224/000119312526104302/0001193125-26-104302-index.htm
- Earnings Releases
  SURF AIR MOBILITY INC. updated its 2026 guidance (initiated).
  - Period: 2026
  - Guidance: initiated
  - Result: guidance update
  source text: the Company is establishing 2026 revenue guidance 20 to 30 percent above the 2025 results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1936224/000119312526104302/0001193125-26-104302-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1936224/000119312526104302/0001193125-26-104302-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.