Q2 FY2026 EarningsQ2 FY26 results beat consensus on the top line with revenue of $29.5M vs. $28.2M expected, driven by a 101% YoY surge in Surf On Demand private charter revenue. However, GAAP Net Loss of $28.1M and EPS of -$0.29 significantly missed expectations (-$15.3M and -$0.17 respectively) due to elevated fuel costs, fair value adjustments, and Transformation Plan expenses. FY26 revenue guidance remains on track at $128M-$138M, while Adjusted EBITDA loss guidance was improved by 40%.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Surf Air Mobility(SRFM) the Revenue is 29.51 M (+7.58%), Beat estimate;the EBIT is -18.8 M (-18%), Miss estimate;the EPS is -0.29 (+78.36%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.03B7.58%
0.03B2.91%
+0.00B4.67%
EBITMiss expectations
-0.02B18.00%
-0.01B15.70%
-0.01B33.70%
EPSMiss expectations
-0.2978.36%
-0.16687.61%
-0.12409.25%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf