Jun 2026 (Q2 FY26) — Aug 10, 2026
Surf Air Mobility Q2 FY26 — Strong Revenue, Reduced EBITDA Loss, and First Enterprise Software Contract
Read the full callSurf Air Mobility earnings: last reported Mon, 10 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 29.5 | +7.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -63.7 | −5.6 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -28.1 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $4.63 on 17 Oct 2025 → $0.85. High $4.85 (20 Oct 2025), low $0.47 (15 Sept 2026).
Overview
Call summaries
Surf Air Mobility Q2 FY26 — Strong Revenue, Reduced EBITDA Loss, and First Enterprise Software Contract
Read the full callEvery analysed call
Financials
Net profit, year on year: 0% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 28 | 28 | 24 | 27 | 29 | 26 | 26 | 30 |
| Expenses | 37 | 20 | 42 | 43 | 46 | 52 | 39 | 48 |
| Operating profit | -9 | 8 | -19 | -16 | -16 | -26 | -13 | -19 |
| Operating margin | −30.4% | 28.9% | −79.0% | −58.1% | −56.6% | −97.8% | −52.1% | −63.7% |
| Other income | -4 | -7 | 0 | -12 | -11 | -11 | -7 | -9 |
| Interest | 2 | 3 | 4 | 4 | 3 | 2 | 1 | 1 |
| Profit before tax | -12 | 1 | -19 | -28 | -27 | -37 | -20 | -28 |
| Tax rate | 0.1% | −17.9% | 0.3% | 0.2% | 0.2% | 0.5% | 0.2% | 0.2% |
| Net profit | -12 | 1 | -18 | -28 | -27 | -37 | -20 | -28 |
| EPS ($ per share) | -0.94 | — | -1.09 | -1.34 | -0.64 | — | -0.26 | -0.29 |
| Line item | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 |
| Reserves | -352 | -603 | -677 | -788 |
| Total liabilities | 105 | 188 | 244 | 187 |
| Fixed assets | 1 | 46 | 42 | 46 |
| Total assets | 14 | 111 | 124 | 132 |
| Line item | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Cash from operations | -28 | -64 | -54 | -64 |
| Cash from investing | -0 | -7 | -4 | -6 |
| Cash from financing | 28 | 73 | 77 | 71 |
| Capital expenditure | -0 | -8 | -12 | -6 |
| Free cash flow | -28 | -72 | -66 | -70 |
19 filings between Dec 30, 2025 and Oct 2, 2026.
Purchases
None
No insider bought shares.
Sales
$213.1K
4 sales by 2 insiders
Also filed: 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Reeves Oliver | — | $138.3K | May 8, 2026 |
| White Deanna Leigh | — | $74.8K | May 8, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 2, 2026 | Secore Jason Benjamin Chief Financial Officer | Award | 260,000 | $0 |
| Aug 28, 2026 | Anderman David Director | Award | 165,829 | $0 |
| Jun 3, 2026 | Shahani Sudhin Director | Gift | 408,163 | $0 |
| May 22, 2026 | Pelsinger Shawn Kirby Director | Award | 20,000 | $0 |
| May 8, 2026 | Reeves Oliver Chief Financial Officer | Sale | 76,569 | $100.6K |
| May 8, 2026 | White Deanna Leigh Chief Executive Officer | Sale | 56,884 | $74.8K |
| May 7, 2026 | Reeves Oliver Chief Financial Officer | Award | 239,439 | $0 |
| May 7, 2026 | White Deanna Leigh Chief Executive Officer | Award | 262,102 | $0 |
| Apr 21, 2026 | Hack Bruce L. Director | Award | 18,382 | $25.0K |
| Apr 21, 2026 | Shahani Sudhin Director | Award | 36,765 | $50.0K |
| Apr 21, 2026 | D'AGOSTINO JOHN J. Director | Award | 18,382 | $25.0K |
| Apr 21, 2026 | ALBERT CARL A Director | Award | 73,530 | $100.0K |
| Apr 21, 2026 | Reeves Oliver Chief Financial Officer | Award | 18,382 | $25.0K |
| Apr 21, 2026 | White Deanna Leigh Chief Executive Officer | Award | 18,382 | $25.0K |
| Apr 16, 2026 | Reeves Oliver Chief Financial Officer | Sale | 14,437 | $18.8K |
| Apr 16, 2026 | Reeves Oliver Chief Financial Officer | Sale | 14,437 | $18.8K |
| Apr 10, 2026 | White Deanna Leigh Chief Executive Officer | Award | 200,000 | $0 |
| Apr 10, 2026 | Reeves Oliver Chief Financial Officer | Award | 150,000 | $0 |
| Dec 30, 2025 | White Deanna Leigh Chief Executive Officer | Award | 303,250 | $0 |
| Oct 8, 2025 | Pelsinger Shawn Kirby Director | Award | 16,685 | $0 |
| Oct 8, 2025 | Pelsinger Shawn Kirby Director | Award | 46,667 | $0 |
| Aug 26, 2025 | D'AGOSTINO JOHN J. Director | Gift | 6,022 | $0 |
| Jun 26, 2025 | D'AGOSTINO JOHN J. Director | Award | 62,857 | $0 |
| Jun 26, 2025 | D'AGOSTINO JOHN J. Director | Award | 33,724 | $0 |
| Jun 26, 2025 | ALBERT CARL A Director | Award | 62,857 | $0 |
| Jun 26, 2025 | ALBERT CARL A Director | Award | 33,724 | $0 |
| Jun 26, 2025 | Hack Bruce L. Director | Award | 62,857 | $0 |
| Jun 26, 2025 | Hack Bruce L. Director | Award | 33,724 | $0 |
| Jun 26, 2025 | Painter Tyler Director | Award | 62,857 | $0 |
| Jun 26, 2025 | Painter Tyler Director | Award | 33,724 | $0 |
| Jun 26, 2025 | Mady Edward A. Director | Award | 62,857 | $0 |
| Jun 26, 2025 | Mady Edward A. Director | Award | 33,724 | $0 |
| Jun 26, 2025 | Bland Tyrone D. Director | Award | 62,857 | $0 |
| Jun 26, 2025 | Bland Tyrone D. Director | Award | 33,724 | $0 |
| Jun 25, 2025 | Painter Tyler Director | Sale 10b5-1 plan | 22,000 | $110.0K |
| Jun 24, 2025 | Painter Tyler Director | Sale 10b5-1 plan | 18,583 | $74.3K |
| Jun 18, 2025 | Palantir Technologies Inc. 10% owner | Purchase | 1,040,557 | $2.15M |
| Jun 6, 2025 | Shahani Sudhin Director | Gift | 104,160 | $0 |
| Jun 3, 2025 | Shahani Sudhin Director | Sale | 75,840 | $184.3K |
| May 29, 2025 | Shahani Sudhin Director | Gift | 143,622 | $0 |
| May 22, 2025 | Shahani Sudhin Director | Award | 408,163 | $1000.0K |
| May 22, 2025 | Bland Tyrone D. Director | Sale | 3,984 | $9.8K |
| May 21, 2025 | Bland Tyrone D. Director | Sale | 6,065 | $14.9K |
| Apr 10, 2025 | White Deanna Leigh See Remarks | Award | 200,000 | $0 |
| Apr 10, 2025 | Reeves Oliver Chief Financial Officer | Award | 150,000 | $0 |
| Mar 26, 2025 | Painter Tyler Director | Sale 10b5-1 plan | 25,417 | $92.8K |
| Mar 25, 2025 | Palantir Technologies Inc. 10% owner | Purchase | 244,011 | $946.8K |
| Dec 23, 2024 | ALBERT CARL A Director | Purchase | 14,500 | $50.3K |
| Dec 23, 2024 | Shahani Sudhin Director | Purchase | 17,237 | $59.1K |
| Dec 9, 2024 | Palantir Technologies Inc. 10% owner | Purchase | 446,830 | $1.99M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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