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Surf Air Mobility vs Jet.AI: SRFM and JTAI compared
Surf Air Mobility is the larger company: $36.5M of revenue in its latest quarter (Q3 2026) against $5.3M for Jet.AI (Q2 2026). Jet.AI is growing faster (+139% against +25% a year earlier). Surf Air Mobility is more profitable, with an operating margin of -43.8% against -50.4%.
Where the money goes: SRFM and JTAI
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.
Jet.AI (JTAI) · Q2 2026
Jet.AI, Q2 2026: revenue $5.3M (+139% year over year), operating margin -50.4%, net loss $2.3M, operating cash flow −$2.7M. The chart follows the revenue to costs, profit and cash.
| Surf Air Mobility (SRFM) | Jet.AI (JTAI) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $36.5M | $5.3M |
| Revenue growth, Y/Y | +25% | +139% |
| Operating margin | -43.8% | -50.4% |
| Net earnings | −$20.4M | −$2.3M |
| Net margin | -55.9% | -42.8% |
| Operating cash flow | −$21.2M | −$2.7M |
Where the revenue comes from
Surf Air Mobility
- On Demand: $19.0M (52%)
- Scheduled: $17.4M (48%)
Jet.AI
- Fractional/Whole Aircraft Sales: $3.5M (65%)
- Software App and Cirrcus Charter: $1.3M (24%)
- Management and Other Services: $506K (10%)
- Jet Card and Fractional Programs: $84K (2%)
Questions
Which is bigger, Surf Air Mobility or Jet.AI?
Surf Air Mobility is the larger company: $36.5M of revenue in its latest quarter (Q3 2026) against $5.3M for Jet.AI (Q2 2026).
Is Surf Air Mobility or Jet.AI growing faster?
Jet.AI is growing faster (+139% against +25% a year earlier).
Which is more profitable, Surf Air Mobility or Jet.AI?
Surf Air Mobility is more profitable, with an operating margin of -43.8% against -50.4%.
More: Surf Air Mobility earnings · how Surf Air Mobility makes money · Jet.AI earnings · how Jet.AI makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Aug 14, 2026). Fiscal quarters can end on different dates. Not investment advice.