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Flyexclusive vs Surf Air Mobility: FLYX and SRFM compared
Flyexclusive is the larger company: $111M of revenue in its latest quarter (Q2 2026) against $36.5M for Surf Air Mobility (Q3 2026). Surf Air Mobility is growing faster (+25% against +22% a year earlier). Flyexclusive is more profitable, with an operating margin of -5.2% against -43.8%.
Where the money goes: FLYX and SRFM
Flyexclusive (FLYX) · Q2 2026
Flyexclusive, Q2 2026: revenue $111M (+22% year over year), operating margin -5.2%, net loss $11.5M, operating cash flow $2.7M. The chart follows the revenue to costs, profit and cash.
Surf Air Mobility (SRFM) · Q3 2026
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 follows the revenue to costs, profit and cash.
| Flyexclusive (FLYX) | Surf Air Mobility (SRFM) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $111M | $36.5M |
| Revenue growth, Y/Y | +22% | +25% |
| Operating margin | -5.2% | -43.8% |
| Net earnings | −$11.5M | −$20.4M |
| Net margin | -10.3% | -55.9% |
| Operating cash flow | $2.7M | −$21.2M |
Where the revenue comes from
Surf Air Mobility
- On Demand: $19.0M (52%)
- Scheduled: $17.4M (48%)
Questions
Which is bigger, Flyexclusive or Surf Air Mobility?
Flyexclusive is the larger company: $111M of revenue in its latest quarter (Q2 2026) against $36.5M for Surf Air Mobility (Q3 2026).
Is Flyexclusive or Surf Air Mobility growing faster?
Surf Air Mobility is growing faster (+25% against +22% a year earlier).
Which is more profitable, Flyexclusive or Surf Air Mobility?
Flyexclusive is more profitable, with an operating margin of -5.2% against -43.8%.
More: Flyexclusive earnings · how Flyexclusive makes money · Surf Air Mobility earnings · how Surf Air Mobility makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 12, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.