secwatch.observer — SEC 8-K summary
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Issuer:     SURF AIR MOBILITY INC. (SRFM)
CIK:        0001936224
Form:       8-K
Filed at:   2026-03-12T23:59:59+00:00
Accession:  0001193125-26-104302
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1936224/000119312526104302/0001193125-26-104302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1936224/000119312526104302/srfm-20260312.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-104302

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer