Surf Air Mobility Q1 revenue $25.6M; adjusted EBITDA loss $12.3M beats guidance

SURF AIR MOBILITY INC.

2026-Q1 EPS reported -$0.26 vs consensus -$0.41 ▲ beat (+36.3%)

Total revenue $25.6M, at high end of $24-26M guidance, up 9% YoY.
Net loss $20.3M vs $18.5M YoY; adjusted EBITDA loss $12.3M, better than $13.5-15.5M guidance.
Scheduled service revenue $15.5M (-13% YoY); On Demand charter $10.1M (+77% YoY).
2026 adjusted EBITDA loss guidance improved ~40% to $25-30M; revenue guidance unchanged at $128-138M.
Raised $30M in April ($15M debt, $15M equity); co-founders bought ~$5.3M of stock.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

SURF AIR MOBILITY INC. updated its annual 2026 guidance (lowered).

Period: annual 2026
Guidance: lowered
Result: guidance update

Exact text from the filing

Improved Annual 2026 Adjusted EBITDA Guidance by Approximately 40% While Maintaining 2026 Revenue Guidance

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

SURF AIR MOBILITY INC. updated its annual 2026 guidance (lowered).

Period: annual 2026
Guidance: lowered
Result: guidance update

Exact text from the filing

2026 Adjusted EBITDA Guidance Improved by Approximately 40% While Maintaining 2026 Revenue Guidance ● In April 2026, the Company revised its 2026 Adjusted EBITDA loss guidance to $30 million to $25 million, an imp

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SURF AIR MOBILITY INC. reported financial results for first quarter ended March 31, 2026.

Period: first quarter ended March 31, 2026
Result: reported results

Exact text from the filing

Surf Air Mobility Reports First Quarter 2026 Financial Results, Outperforming Adjusted EBITDA Guidance First Quarter Revenue of $25.6 Million, At the High End of the Guidance Range of $24 Million to $26 Million

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SURF AIR MOBILITY INC. reported financial results for first quarter ended March 31, 2026.

Period: first quarter ended March 31, 2026
Result: reported results

Exact text from the filing

Net loss was $20.3 million for the first quarter of 2026 compared to Net loss of $18.5 million in the prior year period.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SURF AIR MOBILITY INC. reported financial results for first quarter ended March 31, 2026.

Period: first quarter ended March 31, 2026
Result: reported results

Exact text from the filing

Adjusted EBITDA loss of $12.3 million, exceeding guidance of $15.5 million to $13.5 million loss.

View on SEC.gov

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SURF AIR MOBILITY INC. filing history →

Source: SEC EDGAR

accession 0001193125-26-216802

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