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SRFM · Surf Air Mobility Inc. · Earnings Call Transcripts & Audio

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$1.18 -0.03 (-2.08%)
Rebalance outlook locked
Going-concern doubt — flagged Aug 10, 2026

Substantial doubt about the company's ability to continue as a going concern.

“These factors raise substantial doubt about the Company's ability to continue as a going concern. The accompanying condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty.”
View the 10-Q filed Aug 10, 2026
Customer concentration — top customer 38% of revenue

One customer — 38% of revenue (the year ended December 31, 2025)

“For the years ended December 31, 2025 and 2024, the United States Department of Transportation (“U.S. DOT”) accounted for 38% and 39%, respectively, of the Company's consolidated revenues.”

One customer — 39% of revenue (the year ended December 31, 2024)

“For the years ended December 31, 2025 and 2024, the United States Department of Transportation (“U.S. DOT”) accounted for 38% and 39%, respectively, of the Company's consolidated revenues.”
View the 10-K filed Mar 12, 2026
Market Cap
$111.44M
Shares
100.40M
Volume · Oct 1 3.19M Avg daily vol (3M) 4.72M

Surf Air Mobility Inc. Earnings Call Transcripts

Quarterly earnings calls for Surf Air Mobility Inc. (SRFM), with available speaker-labelled transcripts, captured audio replays, call highlights, 8-K earnings releases and periodic filings. Investor days and conferences appear here too.

Pull transcripts and briefs through the earnings call transcript API or MCP →

Revenue & result across quarters

Revenue Net income YoY up YoY down artefacts
▲38.3% $6.20M −$44.52M '23 Q2 23-08-16 ▲332.3% $21.97M −$74.61M '23 Q3 23-11-14 · $26.84M −$110.99M '23 Q4 24-03-28 ▲456.1% $30.62M −$36.97M '24 Q1 24-05-14 ▲422.5% $32.37M −$26.98M '24 Q2 24-08-14 ▲29.2% $28.39M −$12.22M '24 Q3 24-11-14 ▲4.5% $28.05M $1.26M '24 Q4 25-03-18 ▼23.2% $23.51M −$18.47M '25 Q1 25-05-13 ▼15.2% $27.43M −$28.00M '25 Q2 25-08-12 ▲2.8% $29.17M −$27.21M '25 Q3 25-11-12 ▼5.7% $26.45M −$36.88M '25 Q4 26-03-12 ▲9% $25.61M −$20.26M '26 Q1 26-05-11 LATEST ▲7.6% $29.51M −$28.13M '26 Q2 26-08-10
Earnings call
FY26 · Q2
2026-08-10
Surf Air Mobility Inc. (SRFM) Q2 2026 Earnings Call Transcript
Confident tone SurfOS commercialization and product launches Palantir partnership Financing and capital structure
Revenue
$29.51M
▲ 7.6% YoY
Diluted EPS
$-0.29
Rev · 8q Trailing quarterly revenue
Audio Transcript Slides 8-K10-Q
Earnings call
FY26 · Q1
2026-05-11
Surf Air Mobility Inc. (SRFM) Q1 2026 Earnings Call Transcript
Confident tone Surf On Demand private charter growth SurfOS platform and commercialization Beta Technologies electric aircraft partnership
Revenue
$25.61M
▲ 9% YoY
Diluted EPS
$-0.26
Rev · 8q Trailing quarterly revenue
Audio Transcript Slides 8-K10-Q
Earnings call
FY25 · Q4
2026-03-12
Surf Air Mobility Inc. (SRFM) Q4 2025 Earnings Call Transcript
Positive tone Platform strategy and Surf OS software Beta Technologies electric aircraft partnership On-demand charter growth and Powered by SURF
Revenue
$26.45M*
▼ 5.7% YoY
Rev · 8q Trailing quarterly revenue
Audio Transcript Slides 8-K10-K
Earnings call
FY25 · Q3
2025-11-12
Surf Air Mobility Inc. (SRFM) Q3 2025 Earnings Call Transcript
Confident tone Quarterly results and guidance Surf OS software platform Financial transformation and balance sheet
Revenue
$29.17M
▲ 2.8% YoY
Diluted EPS
$-0.64
Rev · 8q Trailing quarterly revenue
Audio Transcript Slides 8-K10-Q
Earnings call
FY25 · Q2
2025-08-12
Surf Air Mobility Inc. (SRFM) Q2 2025 Earnings Call Transcript
Revenue
$27.43M
▼ 15.2% YoY
Diluted EPS
$-1.34
Rev · 8q Trailing quarterly revenue
Audio Transcript Slides 8-K10-Q
Earnings call
FY25 · Q1
2025-05-13
Surf Air Mobility Inc. (SRFM) Q1 2025 Earnings Call Transcript
Positive tone SurfOS software platform Tariffs and trade policy Transformation Plan and operational optimization
Revenue
$23.51M
▼ 23.2% YoY
Diluted EPS
$-1.09
Rev · 8q Trailing quarterly revenue
Audio Transcript Slides 8-K10-Q
Earnings call
FY24 · Q4
2025-03-18
Surf Air Mobility Inc. (SRFM) Q4 2024 Earnings Call Transcript
Positive tone Airline profitability target Essential Air Service (EAS) and FAA Reauthorization Cost reduction and operational efficiencies
Revenue
$28.05M*
▲ 4.5% YoY
Rev · 8q Trailing quarterly revenue
Audio Transcript Slides 8-K10-K
Earnings call
FY24 · Q3
2024-11-14
Surf Air Mobility Inc. (SRFM) Q3 2024 Earnings Call Transcript
Confident tone Q3 results and Q4 guidance Capital structure and liquidity Electrification and electric Caravans
Revenue
$28.39M
▲ 29.2% YoY
Diluted EPS
$-0.94
Rev · 8q Trailing quarterly revenue
Audio Transcript Slides 8-K10-Q
Earnings call
FY24 · Q2
2024-08-14
Surf Air Mobility Inc. (SRFM) Q2 2024 Earnings Call Transcript
Positive tone Surf Air Technologies venture with Palantir Quarterly financial outperformance Regional airline operations turnaround
Revenue
$32.37M
▲ 422.5% YoY
Diluted EPS
$-2.31
Rev · 7q Trailing quarterly revenue
Audio Transcript Slides 8-K10-Q
Earnings call
FY24 · Q1
2024-05-14
Surf Air Mobility Inc. (SRFM) Q1 2024 Earnings Call Transcript
Positive tone EAS program and FAA Reauthorization Leadership transition Technology platform with Palantir
Revenue
$30.62M
▲ 456.1% YoY
Diluted EPS
$-3.35
Rev · 6q Trailing quarterly revenue
Audio Transcript Slides 8-K10-Q
Earnings call
FY23 · Q4
2024-03-28
Surf Air Mobility Inc. (SRFM) Q4 2023 Earnings Call Transcript
Confident tone Guidance and financial outlook Electrification of Cessna Grand Caravan Software platform with Palantir
Revenue
$26.84M*
Rev · 5q Trailing quarterly revenue
Audio Transcript Slides 8-K10-K
Earnings call
FY23 · Q3
2023-11-14
Surf Air Mobility Inc. (SRFM) Q3 2023 Earnings Call
Revenue
$21.97M
▲ 332.3% YoY
Diluted EPS
$-9.55
Rev · 5q Trailing quarterly revenue
Audio Transcript Slides 8-K10-Q
Earnings call
FY23 · Q2
2023-08-16
Surf Air Mobility Inc. (SRFM) Q2 2023 Earnings Call
Revenue
$6.20M
▲ 38.3% YoY
Diluted EPS
$-21.98
Rev · 4q Trailing quarterly revenue
Audio Transcript Slides 8-K10-Q
Showing 1–13 of 13 earnings calls
Key facts CIK 1936224 CUSIP 868927203 13F (30d) 3 filings 3 filers Visit website Investor relations