Surf Air Mobility Q2 FY26 net loss widens to $28.1 million; revenue rises 8% year over year to $29.5 million
SRFM•Q2 revenue rises, but loss remains wide
Surf Air Mobility posted second-quarter revenue up 8% from a year earlier to $29.5 million, while net loss was $28.1 million, roughly flat.
Scheduled service revenue fell 19% to $17.4 million. Surf On Demand private charter revenue more than doubled to $12.1 million.
Non-GAAP adjusted EBITDA loss widened to $10.5 million. The results reflected elevated fuel costs and weather-related cancellations in Hawaii.
BrokerOS deal, Palantir partnership and Q3 outlook
The company signed Wheels Up as launch customer for Enterprise BrokerOS, a SurfOS contract worth up to $12 million over three years, and expanded its Palantir partnership.
For the third quarter, Surf Air Mobility forecast revenue of $35.5 million to $37.5 million and a non-GAAP adjusted EBITDA loss of $7 million to $4 million.
