Surf Air Mobility Beats Q2 Revenue Views
Surf Air Mobility (NYSE:SRFM), a regional air mobility platform specializing in scheduled and on-demand commuter flights, reported its second-quarter 2025 earnings on August 12, 2025. The company delivered higher-than-expected GAAP revenue of $27.4 million and an Adjusted EBITDA loss of $9.5 million. Revenue (GAAP) reached $27.4 million, topping the consensus GAAP estimate of $25.25 million and finishing above the high end of its guided range. The adjusted EBITDA loss improved to $9.5 million, also beating internal projections. Despite this operational progress, net loss (GAAP) increased to $28.0 million compared to $27.0 million in Q2 2024, primarily due to non-cash accounting items and increased interest expense. Overall, the quarter demonstrated notable steps toward operational efficiency and profitability at the airline level, though structural and financial challenges persist.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Surf Air Mobility operates a network of scheduled commuter flights and on-demand charter services across the United States. The company’s business is built around regional air connectivity, using a combination of proprietary technology and strategic partnerships to deliver service from smaller airports. It manages both its own airline operations and a growing technology platform known as SurfOS, aimed at bringing operating efficiencies to regional aviation.
Source Fool.com