The earnings call highlighted substantial revenue growth, strategic partnerships, and operational improvements, with the company achieving profitability in airline operations. Despite a few challenges, such as the adjusted EBITDA loss and slower on-demand revenue growth, the overall sentiment is positive due to significant achievements and future growth potential.

Company Guidance -

Q3 2025

During Surf Air Mobility's Second Quarter 2025 Earnings Call, the company reported robust financial and operational progress, with second-quarter revenue reaching $27.4 million, surpassing the guidance range of $23.5 million to $26.5 million and marking a 17% sequential increase from the first quarter. Key metrics showed remarkable improvement, with scheduled service revenue climbing 20% and on-demand revenue rising 5%. The company's controllable completion factor improved significantly from 82% in Q1 to 95% in Q2, demonstrating enhanced operational efficiency. Surf Air Mobility achieved profitability in its airline operations for the quarter and aims for full-year profitability. Additionally, the company raised approximately $45 million in capital during the quarter, fortifying its balance sheet and enabling further strategic advancements. The development of the SurfOS software platform, in collaboration with Palantir, is expected to transform regional air mobility, with a commercial launch anticipated in 2026.

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.

Operational Improvements

On-time departure, on-time arrival, and controllable completion factor improved by double-digit percentages compared to the previous year.

Profitability in Airline Operations

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

Strategic Partnerships

Signed an interline agreement with Japan Airlines and renewed Essential Air Service contracts valued at $14 million.

Successful Capital Raise

Raised approximately $45 million in additional capital during the second quarter, strengthening the balance sheet.

Software Platform Development

SurfOS platform development is advancing as planned, with beta users evaluating the system, and partnerships with Palantir and Textron Aviation.

Positive Adjusted EBITDA Performance

Adjusted EBITDA loss for Q2 was $9.5 million, outperforming guidance of a $10 million to $13 million loss, improving by $4.8 million sequentially.

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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