Surf Air Mobility Inc (SRFM)
NYSEIndustrialsAirlines, Airports & Air ServicesSnapshot 2026-09-04
$0.67-0.49%
Close 2026-09-04 · 1-day change
NYSEIndustrialsAirlines, Airports & Air ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · SRFM
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Pursue revenue growth with full-year 2026 guidance reaffirmed at $128 million to $138 million, representing 20% to 30% growth over 2025.
Stated as a priority in 3 of last 3 quarters. Revenue grew from $23.5 million in 2025-Q1 to $29.5 million in 2026-Q2, with full-year 2026 revenue guidance reaffirmed at $128 million to $138 million, representing 20% to 30% growth over 2025. Management is delivering on this growth priority with consistent revenue increases and maintained guidance.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 53% of the time over the next year (vs 58% for the rest of the cohort, n=6963).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Company reaffirms full year 2026 guidance: Revenue in the range of $128 million to $138 million, representing a 20% to 30% increase compared to 2025.”
“Full year 2026 revenue guidance: $128 million to $138 million, a 20% to 30% increase as compared with 2025.”
“The Company has raised its full year revenue guidance to at least $105 million.”
Reduce Adjusted EBITDA loss with guidance improved approximately 40% to a range of $30 million to $25 million for full year 2026.
Stated as a priority in 3 of last 3 quarters. Adjusted EBITDA loss improved from $12.3 million in 2026-Q1 to $10.5 million in 2026-Q2, with full-year 2026 guidance improved approximately 40% to a range of $30 million to $25 million from prior $50 million to $40 million. Management is delivering progress on reducing losses.
“Adjusted EBITDA loss of $10.5 million, within guidance range of $10.5 million to $8.5 million.”
“Adjusted EBITDA loss of $12.3 million, exceeding guidance of $15.5 million to $13.5 million loss.”
“Prior full year 2026 Adjusted EBITDA loss guidance was $50 million to $40 million.”
Advance SurfOS development and commercial launch with first enterprise contract and expanded partnerships.
Stated as a priority in 3 of last 3 quarters. SurfOS commercial progress includes signing a first enterprise contract worth up to $12 million and expanded partnership with Palantir. The platform is deployed internally and generating revenue, indicating delivering progress toward commercialization.
“Signed first SurfOS Enterprise Software Contract with Wheels Up and expanded partnership with Palantir Technologies.”
“BrokerOS generated revenue via a take rate across On Demand private charter bookings; AI-assisted development accelerated deployment.”
“SurfOS digitalizing core airline and charter workflows, reducing costs by 6% and 15%, respectively.”
Advance electric aircraft demonstration flights in Hawaii and plan to establish factory-authorized service center for BETA aircraft.
Stated as a priority in 2 of last 3 quarters. Electric aircraft demonstration flights commenced in Hawaii in 2026-Q2, with plans to establish a factory-authorized MRO facility. This is a new strategic initiative with early-stage delivery and ongoing development.
“BETA Technologies began landmark electric aircraft cargo demonstration flights across the Hawaiian Islands.”
“Surf Air Mobility plans to establish a factory-authorized service center for BETA aircraft in Hawaii.”
Refinance debt, reduce convertible note principal by 64%, lower amortization payments, and raise capital to improve financial position.
Stated as a priority in 2 of last 3 quarters. The Company refinanced debt reducing convertible note principal by 64% and lowered amortization payments by up to 50%, and raised $30 million in new capital in 2026-Q1. These actions indicate delivering progress on strengthening the balance sheet and reducing dilution.
“Reduced existing convertible note principal by 64% and lowered monthly cash amortization payments by up to 50%.”
“In April 2026, the Company raised $30 million in new capital: $15 million through a non-dilutive, aircraft-backed credit facility and $15 million in a common equity offering.”
Over the trailing year it converted 0.32x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, the broad stock market, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
21 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated volatile grew net income 58% of the time over the next year (vs 57% for the rest of the cohort, n=2592).
Not investment advice. As of 2026-09-04.