NYSE$SRFM

Surf Air Mobility Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close

Briefing

Surf Air Mobility Inc reported revenue of $27.4 million and a net loss of $28.0 million for the second quarter of 2025.

The company generated $27.4 million in revenue during Q2 2025, driven by scheduled service and on-demand charter operations. Operating expenses totaled $43.4 million, resulting in an operating loss of $15.9 million. The net loss was $28.0 million, or $1.34 per share.

  • Revenue increased 8% year-over-year to $27.4 million, with on-demand revenue more than doubling.
  • Scheduled revenue declined 19% to $21.4 million due to route optimization.
  • Net loss remained essentially flat at $28.0 million despite higher operating costs.
  • Cost of revenue rose 22% to $24.1 million, reflecting increased flight activity in on-demand.

Headline financials

Total Revenue

$27.4M

Previous: $32.4M-15.2%
EPS (adj)

-$1.34

Previous: -$0.33-306.1%
Capital Expenditures

-$2.48M

Previous: -$1.42M-74.9%
Net Income

-$28M

Previous: -$27M-3.8%
Operating Income

-$15.9M

Previous: -$25.3M+36.9%

Revenue & EPS history

Surf Air Mobility Inc · Revenue · Quarterly

$27.4M

Q2 2025-15.2%vs Q2 2024
Beat estimate in 1 of 3 quarters(33%)
ActualEstimate

Revenue by segment

Surf Air Mobility Inc · $27.4M total across 2 segments · Q2 2025

  • Scheduled
    $21.4M
  • On-Demand
    $6.03M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

-4.0%

Avg return

Earnings day

-8.4%

Avg return

5 days after

-4.4%

Avg return

30 days after

38%

3 / 8 earnings

Positive

+4.7%

Q1 2025

Best reaction

-13.6%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q4 2026-8.8%-12.4%-19.0%
Q3 2025-8.5%-19.0%-28.6%
Q1 2025+4.7%-4.7%-18.6%
Q3 2024-6.0%+19.7%+118.6%
Q2 2024+3.7%-21.0%-39.4%
Q1 2024-13.6%-18.2%-39.7%
Q3 2023-4.6%-32.3%-23.9%
Q2 2023+0.7%+20.6%+15.6%

Discussion

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