Surf Air Mobility's earnings call highlighted strong revenue performance, successful renewal bids, and operational improvements. However, the company faced challenges with adjusted EBITDA loss, service interruptions, and decreased revenue in key segments. The sentiment is mixed, with significant achievements counterbalanced by notable challenges.

Company Guidance -

Q2 2025

During the Surf Air Mobility Q1 2025 earnings call held on May 13, 2025, the company provided guidance indicating strong financial and operational performance. The first quarter revenue was reported at $23.5 million, aligning with the high end of the projected range of $21 million to $24 million, and the company remains on track to exceed $100 million in revenue for the full year. The adjusted EBITDA loss for Q1 was $14.4 million, within the expected range. Looking ahead, Surf Air Mobility projects Q2 revenue between $23.5 million and $26.5 million and an adjusted EBITDA loss ranging from $10 million to $13 million. The company aims to achieve profitability in its airline operations by the end of 2025, driven by strategic initiatives such as route optimization, fleet efficiency, and leveraging software capabilities through SurfOS. Additionally, the company highlighted advancements in its electrification initiative and recent strategic partnerships, such as an interline agreement with Japan Airlines, which expands access to over 435 million potential customers.

Revenue at High End of Expectations

First quarter revenue was $23.5 million, at the high end of the expected range of $21 million to $24 million, keeping the company on track to meet full year expectations of over $100 million in revenue.

Renewal Bids Secured

Surf Air Mobility was awarded renewal bids for DuBois, Pennsylvania and Kalaupapa, Hawaii, representing $7.6 million annually in subsidy revenue.

Operational Achievements

Relocation of the company systems operations center to the Dallas/Fort Worth area, attracting top aviation talent, and optimization of airline operations.

Improved Flight Completion Factor

Flight completion factors improved to above 92% in the second quarter, with an objective to reach 96% before initiating route expansion.

Interline Agreement with Japan Airlines

Mokulele Airlines operations entered into an interline agreement with Japan Airlines, expanding access to over 435 million potential customers.

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
Aug 12, 2025	2025 (Q2)	-1.09 / -	-2.31	―	―	―
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
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%
Aug 14, 2024	$2.54	$2.11	-16.93%

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 Aug 12, 2025, After Close (Confirmed).

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

Surf Air Mobility, Inc. (SRFM) earnings time is at Aug 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 (Q2) is -1.09.

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