Surf Air Mobility exceeded revenue expectations in the third quarter, reporting $29.2 million in revenue.
The company met its Adjusted EBITDA guidance with a loss of $9.9 million for the quarter.
Surf Air Mobility achieved profitability in airline operations for the second consecutive quarter.
Revenue Exceeds Expectations
Revenue of $29.2 million exceeded the guidance range of $27 - $28.5 million, driven by a mix shift to larger aircraft and international flights.
Net Loss and Adjusted EBITDA
The company reported a net loss of $27.2 million for Q3 2025. Adjusted EBITDA loss of $9.9 million met expectations.
Strategic Transactions and Guidance
Surf Air Mobility closed a $100 million strategic transaction to fund SurfOS. The company raised full-year revenue guidance to at least $105 million.
- The financial results demonstrate effective implementation of Surf Air Mobility's Transformation Plan strategies.
- Revenue growth was driven by a shift to larger aircraft and international flights, offsetting decreasing Scheduled Service revenue.
- The company's profitability in airline operations reflects strong execution and stability in operations.
Surf Air Mobility's financial results showcase positive growth and strategic developments, positioning the company for further success in the regional air mobility market.