The earnings call highlighted significant achievements in revenue growth, operational improvements, and strategic partnerships, outweighing the concerns regarding the adjusted EBITDA loss.

Company Guidance

During Surf Air Mobility's Second Quarter 2025 Earnings Call, the company reported strong financial performance, exceeding its revenue guidance with $27.4 million, a 17% increase from the first quarter. Their scheduled service revenue rose by 20%, attributed to an improvement in the controllable completion factor from 82% in Q1 to 95% in Q2. Additionally, on-demand revenue increased by 5%, supported by the introduction of a new Jet Card and strategic volume purchase agreements. The company also reported an adjusted EBITDA loss of $9.5 million, better than the anticipated loss of $10-13 million, marking a sequential improvement of $4.8 million. Surf Air Mobility successfully raised approximately $45 million in additional capital, further strengthening its balance sheet and supporting its ambitious growth plans. The company remains focused on transforming into a technology-led platform, with its SurfOS software platform, developed in partnership with Palantir, playing a crucial role in driving efficiencies and growth in the regional air mobility market.

Significant Revenue Growth

Second quarter revenue of $27.4 million exceeded guidance of $23.5 million to $26.5 million, rising 17% sequentially versus the first quarter.

Improved Operational Performance

Key operating performance metrics improved by double-digit percentages, including on-time departure, on-time arrival, and controllable completion factor, which improved from 82% in Q1 to 95% in Q2.

Profitability in Airline Operations

Achieved profitability in airline operations for the second quarter, with a goal of full-year profitability.

Successful Capital Raise

Raised approximately $45 million in additional capital during the second quarter, significantly delevering the balance sheet and reducing annualized interest by $2.9 million.

Strategic Partnerships and Agreements

Entered into a 5-year software license agreement with Palantir and signed an interline agreement with Japan Airlines.

Positive Margins in On-Demand Business

On-demand business achieved positive margins in June, with July being the highest sales month since inception.

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
Nov 12, 2025	2025 (Q3)	-0.72 / -	-0.94	―	―	―
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)	―
Aug 16, 2023	2023 (Q2)	-4.62 / -21.98	―	―	―	―

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
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%
Nov 14, 2024	$1.72	$1.64	-4.65%

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 Nov 12, 2025, After Close (Confirmed).

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

Surf Air Mobility, Inc. (SRFM) earnings time is at Nov 12, 2025, 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 (Q3) is -0.72.

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