Financials in USD. Standardized financial statements.
A compact view of how Surf Air Mobility Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue? | $106.56M | $119.42M | $60.51M | $20.27M | $11.80M | $7.50M |
| Revenue Growth? | -10.8% | +97.4% | +198.4% | +71.8% | +57.3% | 0.0% |
| Cost of Revenue? | $102.38M | $109.93M | $65.68M | $25.85M | $15.55M | $11.03M |
| Gross Profit? | $4.18M | $9.49M | -$5.17M | -$5.58M | -$3.75M | -$3.53M |
| Gross Margin? | +3.9% | +7.9% | -8.6% | -27.5% | -31.8% | -47.0% |
| Operating Expenses? | $81.06M | $69.75M | $191.59M | $45.33M | $29.60M | $17.23M |
| Operating Income? | -$76.87M | -$60.26M | -$196.77M | -$50.90M | -$33.35M | -$20.76M |
| EBITDA? | -$67.58M | -$58.24M | -$247.27M | -$72.74M | -$32.59M | -$19.04M |
| Income Before Tax | -$110.94M | -$75.19M | -$254.00M | -$74.36M | -$35.78M | -$23.44M |
| Income Tax Expense | -$380,000 | -$287,000 | -$3.30M | $0 | $0 | $0 |
| Net Income? | -$110.56M | -$74.91M | -$250.70M | -$74.36M | -$35.78M | -$23.44M |
| EPS? | $-5.29 | $-5.80 | $-23.04 | $-7.45 | $-3.58 | $-2.35 |
| Diluted EPS? | $-5.29 | $-5.80 | $-23.04 | $-7.45 | $-3.58 | $-2.35 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality