Surf Air Mobility Stock Price, News & Analysis
Company Description
Surf Air Mobility Inc. (NYSE: SRFM) is a Los Angeles-based regional air mobility platform operating within the scheduled passenger air transportation industry. According to company disclosures and recent press releases, Surf Air Mobility combines commuter airline operations, on demand charter services, and aviation technology development, with a focus on software and aircraft electrification for the regional air mobility market.
The company states that it operates one of the largest commuter airlines in the United States by scheduled departures and is the largest U.S. passenger operator of Cessna Caravans. These airline operations provide what Surf Air Mobility describes as operational scale and real-world operating data, which it uses to validate and deploy its technology products. The business generates revenue through air mobility services and related activities.
Business Model and Core Activities
Surf Air Mobility describes itself as an air mobility platform with several connected areas of focus:
- Regional airline operations: The company operates a commuter airline network and on demand charter services. Press releases reference scheduled service, on demand flights, and a mix of turboprop and larger aircraft, including international flights in its on demand business.
- AI-enabled software platform (SurfOS): Surf Air Mobility is developing SurfOS, an AI-enabled software platform designed for the private aviation and regional air mobility industries. The company states that SurfOS is powered by Palantir Technologies’ AIP and Foundry platforms and aims to integrate the fragmented air mobility ecosystem into a unified operating system to improve efficiency, reliability, and profitability.
- Electrification and powertrain technology: The company reports that it is working to commercialize electrified aircraft and develop proprietary powertrain technology for the Cessna Caravan, with the goal of supporting the adoption of next-generation aircraft in regional aviation.
According to its public communications, Surf Air Mobility plans to offer its software and electrification solutions to the regional air mobility industry, with the stated aim of improving safety, efficiency, and profitability for operators using these tools.
SurfOS and Technology Focus
SurfOS is described by the company as its flagship AI-enabled software platform. Surf Air Mobility reports that SurfOS is built on Palantir’s Foundry and AIP platforms and is intended to serve the Part 135 regional aviation segment and other air mobility participants. The company has outlined three flagship SurfOS products:
- BrokerOS – software tools for the company’s On Demand service, including customer and sales management features and a broker dashboard, as described in its press releases.
- OperatorOS – tools focused on airline and operator functions, including crew scheduling and mobile applications for flight operations and crew, which the company reports are being used internally in regions such as the Northeast and Hawaii.
- OwnerOS – a third flagship product referenced in company materials as part of the SurfOS suite.
Surf Air Mobility has disclosed that SurfOS includes features such as a Palantir AIP-powered analytics dashboard providing predictive insights on crew performance and operational reliability, expanded capabilities in a flight operations crew mobile app, and a BrokerOS mobile app for customer flight management and aircraft sourcing. The company reports that internal adoption of SurfOS has contributed to changes in on demand team expenses, bookings per broker, quote-to-booking times, and on-platform transactions.
Partnership with Palantir Technologies
Surf Air Mobility highlights a strategic relationship with Palantir Technologies. The company has entered into a multi-year software licensing agreement with Palantir, under which Surf Air Mobility is described as Palantir’s exclusive partner for the configuration and sale of software to the Part 135 regional air mobility market. The agreement allows Surf Air Mobility to sub-license certain rights to third-party clients and contemplates joint bids for software development projects for enterprise clients, aircraft manufacturers, and aviation regulators.
In addition, Surf Air Mobility has disclosed that it will issue common stock to Palantir as prepayment for software and services, and that Palantir’s platforms power SurfOS’s core operating system. Company statements emphasize that this partnership is intended to support the commercial rollout of SurfOS and the development of enterprise-grade solutions.
Electrification and Regional Air Mobility
In its public descriptions, Surf Air Mobility states that it is an electric aviation and air travel company focused on expanding and modernizing regional air travel. The company reports that it is working on electrification programs and proprietary powertrain technology for the Cessna Caravan, with the goal of supporting the adoption of next-generation aircraft. Surf Air Mobility has described its broader objective as building a regional air mobility ecosystem to connect communities more sustainably and to support the transition of regional aviation into a new era of air mobility.
Capital Structure and Exchange Listing
Surf Air Mobility’s common stock trades on the New York Stock Exchange under the ticker symbol SRFM. The company has filed multiple reports on Form 8-K describing capital raising transactions, including registered direct offerings of common stock and warrants, senior secured convertible notes, and equity issuances to strategic partners. These filings outline the use of proceeds for funding SurfOS development, refinancing existing debt, and supporting separately capitalized subsidiaries.
In an 8-K filing, Surf Air Mobility reported that it had received notification from the NYSE that it regained compliance with the exchange’s market capitalization and stockholders’ equity continued listing standard. The company had previously disclosed a notice of non-compliance related to these quantitative standards.
Corporate Governance and Shareholder Matters
SEC filings indicate that Surf Air Mobility holds annual stockholder meetings at which directors are elected, auditors are ratified, and equity incentive plans and other corporate actions are approved. The company has reported amendments to its equity incentive plan, approval of a potential reverse stock split range, and changes in its board of directors, including director appointments and resignations. These governance disclosures provide context on how the company structures its board, compensation plans, and capital actions.
Position in the Transportation and Warehousing Sector
Within the broader transportation and warehousing sector, Surf Air Mobility positions itself as a regional air mobility platform that combines airline operations with software and electrification initiatives. Its public statements emphasize the use of AI-enabled software to improve operational metrics such as on-time performance, crew scheduling, and on demand service efficiency. By operating a commuter airline and developing technology products that it intends to offer to other industry participants, the company presents itself as both an operator and a technology provider in the regional aviation space.
FAQs about Surf Air Mobility (SRFM)
- What does Surf Air Mobility Inc. do?
Surf Air Mobility describes itself as a Los Angeles-based regional air mobility platform. It operates one of the largest commuter airlines in the U.S. by scheduled departures, offers on demand charter services, and is developing an AI-powered software platform (SurfOS) and electrification solutions for the regional air mobility industry. - How does Surf Air Mobility generate revenue?
According to the company’s description, Surf Air Mobility generates revenue through air mobility services. Its public materials reference scheduled airline operations and on demand charter services as core parts of its business. - What is SurfOS?
SurfOS is Surf Air Mobility’s AI-enabled software platform designed for the private aviation and regional air mobility industries. The company states that SurfOS is powered by Palantir’s Foundry and AIP platforms and includes flagship products such as BrokerOS, OperatorOS, and OwnerOS, along with analytics dashboards and mobile applications for crew and brokers. - How is Palantir Technologies involved with Surf Air Mobility?
Surf Air Mobility has entered into a multi-year software licensing agreement with Palantir Technologies. Company disclosures state that Palantir’s Foundry and AIP platforms power SurfOS, and that Surf Air Mobility is Palantir’s exclusive partner for configuring and selling software to the Part 135 regional air mobility market. Surf Air Mobility has also issued common stock to Palantir as prepayment for software and services. - What role does electrification play in Surf Air Mobility’s strategy?
In its public descriptions, Surf Air Mobility reports that it is working to commercialize electrified aircraft and develop proprietary powertrain technology for the Cessna Caravan. These electrification programs are presented as part of the company’s goal to support the adoption of next-generation aircraft and to build a more sustainable regional air mobility ecosystem. - Where is Surf Air Mobility based?
Company press releases describe Surf Air Mobility as a Los Angeles-based air mobility platform. SEC filings list the company’s principal executive offices in Hawthorne, California. - On which exchange does Surf Air Mobility trade and what is its ticker symbol?
Surf Air Mobility’s common stock is listed on the New York Stock Exchange under the ticker symbol SRFM, as stated in its press releases and SEC filings. - What is Surf Air Mobility’s position in regional aviation?
According to its public statements, Surf Air Mobility is one of the largest commuter airlines in the U.S. by scheduled departures and the largest U.S. passenger operator of Cessna Caravans. The company uses its airline operations to generate operating data that supports the development and deployment of SurfOS and its electrification initiatives. - Has Surf Air Mobility faced any listing compliance issues?
An 8-K filing reports that Surf Air Mobility previously received a notice from the NYSE for not meeting certain market capitalization and stockholders’ equity standards. The same filing states that, as of November 20, 2025, the company received notification that it had regained compliance with the NYSE’s quantitative continued listing standard. - What types of investors might follow SRFM?
Based on its public materials, Surf Air Mobility may attract investors interested in regional airlines, aviation technology, AI-enabled software platforms, and aircraft electrification within the transportation and warehousing sector.
Stock Performance
Surf Air Mobility (SRFM) stock last traded at $1.31, down 4.35% from the previous close. Over the past 12 months, the stock has lost 64.6%, ranking #1,976 in 52-week price change. At a market capitalization of $106.3M, SRFM is classified as a micro-cap stock with approximately 63.2M shares outstanding.
Latest News
Surf Air Mobility has 10 recent news articles, with the latest published 3 days ago. Of the recent coverage, 6 articles coincided with positive price movement and 4 with negative movement. Key topics include earnings, partnership, earnings date. View all SRFM news →
SEC Filings
Surf Air Mobility has filed 5 recent SEC filings, including 1 Form S-3, 1 Form RW, 1 Form 10-K, 1 Form 8-K. The most recent filing was submitted on March 13, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all SRFM SEC filings →
Financial Highlights
Surf Air Mobility generated $106.6M in revenue over the trailing twelve months, retaining a 3.9% gross margin, operating income reached -$76.9M (-72.1% operating margin), and net income was -$110.6M, reflecting a -103.8% net profit margin. Diluted earnings per share stood at $-3.15. The company generated -$64.2M in operating cash flow. With a current ratio of 0.23, short-term liquidity bears monitoring.
Upcoming Events
ROTH Conference participation
Cessna Caravan certification
EL9 aircraft service
Surf Air Mobility has 4 upcoming scheduled events. The next event, "ROTH Conference participation", is scheduled for March 23, 2026 (tomorrow). Investors can track these dates to stay informed about potential catalysts that may affect the SRFM stock price.
Short Interest History
Short interest in Surf Air Mobility (SRFM) currently stands at 5.6 million shares, up 40.7% from the previous reporting period, representing 11.6% of the float. Over the past 12 months, short interest has increased by 394.2%. This moderate level of short interest indicates notable bearish positioning.
Days to Cover History
Days to cover for Surf Air Mobility (SRFM) currently stands at 1.6 days, up 56% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 63% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 9.5 days.
SRFM Company Profile & Sector Positioning
Surf Air Mobility (SRFM) operates in the Airlines industry within the broader Air Transportation, Nonscheduled sector and is listed on the NYSE. In monthly performance, the stock ranks #2,066 among all tracked companies.
Investors comparing SRFM often look at related companies in the same sector, including Mesa Air Group (MESA), Frontier Group Holdings, Inc. (ULCC), Sun Country Airlines Holdings, Inc. (SNCY), Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS), and Jetblue Awys Corp (JBLU). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate SRFM's relative position within its industry.