SRFM
Published on 05/11/2026 at 04:57 pm EDT
Transforming air mobility through I and electrification
M 0 B i L i TY
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H I G H LI G H TS
'We are pleased with our first quarter Adjusted
results, which
exceeded our expectations. The progress we ve made across our
bu5iness has po5ltioned us to improve our annual 2O26 Adjusted EBITDA guidan¿g § ,¿t % while maintaining our full year revenue
guidance. The efficiencies gained within our core busine SQ5 IN thQ
first quarter are a clear indication of the value that SurfoS and our
partnership with Palantir delivers."
D EA NNA WHITE , C E 0
Adjusted EBITDA is a non-GAAP financial measure and is most directly comparable with net income (loss), which was zo. M. Adjusted EBITDA excludes Depreciation and amortization of 2.6M, Interest expense of 1.2M, Income tax benefit of (o.O4J^*. Stocl‹-based compensation expense of 1.4^*, Changes in fair value of financial instruments of g( .6)M, Transaction costs of x6M, Incentive plan accruals of t(2.9JMand Restructuring costs and other of to. M.
G A A P
N 0 N G A A P
A G G R E E AT E T 0 TA L S I N C E I N C E P T 10 N
Disclaimer
Surf Air Mobility Inc. published this content on May 11, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 11, 2026 at 20:49 UTC.