The earnings call highlighted significant strategic financing and growth in the on-demand business. However, there were challenges with declining scheduled service revenue and ongoing adjusted EBITDA losses. The company is making strides towards improving its financial position and operational efficiency, particularly with the development and commercialization of Surf OS and strategic partnerships.

Company Guidance

During the Surf Air Mobility Third Quarter 2025 Earnings Call, the company provided multiple metrics indicating a positive transformation and future outlook. Financially, Surf Air Mobility secured a $100 million strategic financing, which includes $26 million allocated for the development and commercialization of Surf OS and $74 million structured as a zero-coupon convertible note for refinancing debt. The company reported a 7th consecutive quarter of meeting or exceeding revenue and adjusted EBITDA guidance, with third-quarter revenue of $29.2 million surpassing the expected range of $27 million to $28.5 million, and adjusted EBITDA loss of $9.9 million aligning with guidance. For the full year, the company raised its revenue guidance to at least $105 million and is on track for full-year airline operations profitability. Operationally, the company achieved a second consecutive quarter of profitability in its commuter airline business and reported a 40% increase in on-demand business revenue for the third quarter compared to the same quarter last year. Furthermore, Surf Air Mobility entered a five-year agreement with Palantir to develop AI-driven software solutions, and the company has plans to commercialize Surf OS in 2026, launching products such as Broker OS, Operator OS, and Owner OS.

Successful Strategic Financing

Secured a $100 million strategic financing to accelerate growth and strengthen the balance sheet, including $26 million for Surf OS development.

Revenue Exceeds Expectations

Third quarter revenue of $29.2 million exceeded guidance and rose 6% sequentially versus the second quarter.

On-Demand Business Growth

Generated approximately a 40% increase in revenue in the on-demand business compared to both the second quarter and the same quarter of the prior year.

Second Consecutive Quarter of Profitability in Airline Operations

Achieved profitability in the airline operations segment for the second consecutive quarter.

Partnership with Palantir

Entered a five-year agreement with Palantir to build an AI-enabled software platform for the air mobility industry.

Surf Air Mobility, Inc. (SRFM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SRFM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 26, 2026	2025 (Q4)	-0.35 / -	0.81	―	―	―
Nov 12, 2025	2025 (Q3)	-0.72 / -0.64	-0.94	31.91% (+0.30)	―
Aug 12, 2025	2025 (Q2)	-1.09 / -1.34	-2.31	41.99% (+0.97)	―
May 13, 2025	2025 (Q1)	-1.07 / -1.09	-3.36	67.56% (+2.27)	―
Mar 18, 2025	2024 (Q4)	-0.67 / 0.81	-10.36	107.82% (+11.17)	―
Nov 14, 2024	2024 (Q3)	-1.05 / -0.94	-9.52	90.13% (+8.58)	―
Aug 14, 2024	2024 (Q2)	-2.24 / -2.31	-21.98	89.49% (+19.67)	―
May 14, 2024	2024 (Q1)	-1.33 / -3.36	-1.68	-100.00% (-1.68)	―
Mar 28, 2024	2023 (Q4)	-2.00 / -10.36	―	―	―
Nov 14, 2023	2023 (Q3)	-1.26 / -9.52	-2.118	-349.48% (-7.40)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SRFM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 12, 2025	$2.94	$2.69	-8.50%
Aug 12, 2025	$4.19	$4.88	+16.47%
May 13, 2025	$2.87	$2.65	-7.67%
Mar 18, 2025	$3.84	$4.03	+4.95%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Surf Air Mobility, Inc. (SRFM) report earnings?

Surf Air Mobility, Inc. (SRFM) is schdueled to report earning on Mar 26, 2026, After Close (Confirmed).

What is Surf Air Mobility, Inc. (SRFM) earnings time?

Surf Air Mobility, Inc. (SRFM) earnings time is at Mar 26, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SRFM EPS forecast?

SRFM EPS forecast for the fiscal quarter 2025 (Q4) is -0.35.

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