Filing Flows › Surf Air Mobility (SRFM) › Q3 2026 › vs Q2 2026
Surf Air Mobility (SRFM) Q3 2026 vs Q2 2026 (quarter over quarter)
Surf Air Mobility's revenue rose $6.9M (+24%) from $29.5M in Q2 2026 to $36.5M in Q3 2026. The biggest changes: On Demand +$6.9M (+57%); Scheduled +$60K (+0.3%).
Surf Air Mobility, Q3 2026: revenue $36.5M (+25% year over year), operating margin -43.8%, net loss $20.4M, operating cash flow −$21.2M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| On Demand | $19.0M | $12.1M | $6.9M | +57% |
| Scheduled | $17.4M | $17.4M | $60K | +0.3% |
| Revenue | $36.5M | $29.5M | $6.9M | +24% |
| Income tax benefit | $39K | $53K | −$14K | -26% |
| Net loss | $20.4M | $28.1M | −$7.8M | -28% |
| Costs & expenses | $56.9M | $57.7M | −$832K | -1% |
| Operating costs | $52.4M | $48.3M | $4.1M | +9% |
| Interest & other, net | $4.4M | $9.4M | −$4.9M | -53% |
| Cost of revenue | $33.5M | $29.4M | $4.0M | +14% |
| Sales & marketing | $2.4M | $3.1M | −$719K | -23% |
| General & admin | $12.2M | $11.5M | $749K | +7% |
| Other operating costs | $4.3M | $4.2M | $43K | +1% |
| Operating cash sources | $25.7M | $6.4M | $19.4M | +305% |
| Depreciation & amortization | $2.9M | $2.5M | $396K | +16% |
| Share-based compensation | $1.7M | $2.7M | −$1.1M | -39% |
| Cash used in operations | $21.2M | $1.2M | $20.0M | 18× |
| Net loss absorbed | $20.4M | $28.1M | −$7.8M | -28% |
| Working capital & other | $5.4M | −$21.8M | $27.2M | — |
Questions
How much did Surf Air Mobility's revenue grow quarter over quarter in Q3 2026?
Surf Air Mobility's revenue rose $6.9M (+24%) from $29.5M in Q2 2026 to $36.5M in Q3 2026.
What drove Surf Air Mobility's revenue change in Q3 2026?
On Demand +$6.9M (+57%); Scheduled +$60K (+0.3%).