Surf Air Mobility — Third Quarter 2026 Earnings Summary

Surf Air Mobility reported third-quarter 2026 revenue of $36.5 million, a 25% year-over-year increase and the highest quarterly revenue in the company's history. The company achieved an adjusted EBITDA loss of $6.7 million, representing a 32% improvement from the prior year period, driven by record growth in its Surf On Demand business which generated $19 million. Key operational milestones included the commercial launch of OperatorOS software with five signed contracts, positive adjusted EBITDA of $1.2 million from airline operations, and the completion of an electric aircraft demonstration program with BETA Technologies. The company provided fourth-quarter 2026 revenue guidance between $36.4 million and $46.4 million and adjusted its full-year 2026 adjusted EBITDA loss guidance to a range of $32 million to $35 million.