Surf Air Mobility Inc.(SRFM)Earnings Date, History & Expected Move

Next report date, beat rate and options-implied move

Next report

Nov 10, 2026

SRFM is scheduled to report on Nov 10, 2026, usually after the market closes. Analysts expect EPS of -$0.15.

Next report

Nov 10, 2026

In 17 days · usually after close

EPS beat rate

42%

5 of 12 quarters

Avg move after earnings

±10.2%

Up 25% of the time · last 12

Options-implied move

—

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EPS: Actual vs Estimate

Reported EPS against the consensus estimate, last 12 quarters.

Green beat or met, red missed, amber sources differ.

Stock Reaction After Earnings

Close-to-close move in the first session that reflected each report.

Dashed lines mark the average actual move (±10.2%).

Did the stock rise after good news?

The next-day move after each of its last 5 EPS beats and 7 misses.

When it beat expectations

5 reports

▲ Rose 1×

▼ Fell 4×

When it missed expectations

7 reports

▲ Rose 2×

▼ Fell 5×

In plain words: it beat expectations 5 times, but the stock still fell 4 of those 5 times.

Report by report

Aug '26
Missed
▼ -6.0%
May '26
Beat
▼ -7.4%
Mar '26
Missed
▼ -22.3%
Nov '25
Missed
▼ -8.5%
Aug '25
Missed
▲ +16.5%
May '25
Beat
▼ -7.7%
Mar '25
Beat
▲ +4.9%
Nov '24
Beat
▼ -4.7%
Aug '24
Beat
▼ -16.6%
May '24
Missed
▼ -13.6%
Mar '24
Missed
▼ -11.0%
Nov '23
Missed
▲ +3.2%

Clear beats and misses with a known reaction only. What counts as a beat

After an EPS beat

-6.3%

average next-day move · up 20% of 5 times

After an EPS miss

-6.0%

average next-day move · up 29% of 7 times

Why did SRFM fall after beating earnings?

6 of SRFM's last 12 reactions went against the EPS result. What stands out in each:

SRFM beat EPS estimates in 5 quarters, and the stock still closed lower the next day 4 times. In 3 of the 4 where we have price data, the stock had already run up before the report.

May 11, 2026EPS beat +23.5%stock -7.4% next day
- It had risen 14.4% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 3.7% higher, but sellers took over and it closed -7.4%.
May 13, 2025EPS beat +24.3%stock -7.7% next day
- It had risen 18.1% in the 20 trading sessions before the report, so good news may already have been priced in.
Nov 14, 2024EPS beat +10.5%stock -4.7% next day
Nothing in the price and estimate numbers we track stands out for this one. Guidance and management comments are not part of our data.
Aug 14, 2024EPS beat +35.7%stock -16.6% next day
- It had risen 8.7% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 7.5% higher, but sellers took over and it closed -16.6%.

Rose despite an EPS miss (2 of 7)

Aug 12, 2025EPS missed -22.9%stock +16.5% next day
- It had already fallen 29.6% in the 20 trading sessions before the report, so weak results may have been expected.
- It opened 10.7% higher as soon as trading resumed.
Nov 14, 2023EPS missed -753.6%stock +3.2% next day
- It had already fallen 8.8% in the 20 trading sessions before the report, so weak results may have been expected.
- It opened 2.4% higher as soon as trading resumed.

Patterns in estimates and prices, not confirmed causes: how we read them.

Was SRFM's earnings move already priced in?

SRFM's move in the month before each of its last 12 reports, against what it did after.

Avg move in the month before

-7.8%

last 12 reports

Higher before the report

42%

of the time

After a run-up of 3%+

Fell 100%

4 reports, avg -11.3%

After a drop of 3%+

Rose 43%

7 reports, avg -3.1%

How the run-up is measured (a move of 5% or more counts as large).

Before vs after each report

Grey: the month before each of the last 12 reports. Green or red: the day after.

Past reports only. How the run-up is measured

Does SRFM hold its opening gap after earnings?

SRFM's opening move after each report and where it closed that day.

In 9 reports SRFM opened at least 1% away from the previous close. It gave back half or more of that gap by the close 3 of 9 times (33%), and fully reversed 3 times. Gaps up faded 3 of 6; gaps down recovered 0 of 3.

May 11, 2026Reversed
Opened +3.7%, closed -7.4%
Mar 12, 2026Held
Opened -3.7%, closed -22.3%
Nov 12, 2025Held
Opened -8.2%, closed -8.5%
Aug 12, 2025Held
Opened +10.7%, closed +16.5%
Mar 18, 2025Held
Opened +4.4%, closed +4.9%
Aug 14, 2024Reversed
Opened +7.5%, closed -16.6%
May 14, 2024Held
Opened -9.0%, closed -13.6%
Mar 28, 2024Reversed
Opened +4.6%, closed -11.0%

How gaps, fades and reversals are defined

What the history says

It fell after 4 of its 5 EPS beats (80%): beating estimates has not been enough on its own.

SRFM earnings history

Last 12 reported quarters with the stock's reaction.

Swipe sideways to see every column →

Report date	Time	EPS est.	EPS actual	Surprise	1-day move	3-day move
Aug 10, 2026	After close	-$0.17	-$0.29	-70.6%	-5.99%	-7.05%
May 11, 2026	After close	-$0.34	-$0.26	+23.5%	-7.41%	-7.41%
Mar 12, 2026	After close	-$0.35	-$0.41	-17.1%	-22.34%	-22.87%
Nov 12, 2025	After close	-$0.60	-$0.64	-6.7%	-8.50%	-14.63%
Aug 12, 2025	After close	-$1.09	-$1.34	-22.9%	+16.47%	+5.73%
May 13, 2025	After close	-$1.44	-$1.09	+24.3%	-7.67%	-9.06%
Mar 18, 2025	After close	-$0.67	$0.60	+189.6%	+4.95%	-3.13%
Nov 14, 2024	After close	-$1.05	-$0.94	+10.5%	-4.65%	+27.33%
Aug 14, 2024	After close	-$3.08	-$1.98	+35.7%	-16.57%	-23.84%
May 14, 2024	After close	-$1.33	-$3.36	-152.6%	-13.60%	-18.41%
Mar 28, 2024	After close	-$1.96	-$9.24	-371.4%	-11.03%	+4.63%
Nov 14, 2023	After close	-$1.12	-$9.56	-753.6%	+3.23%	-29.03%

Consensus for the next report: EPS -$0.15, revenue $36.33M.

SRFM Earnings FAQ

Answers computed from Surf Air Mobility Inc.'s reported history

SRFM is scheduled to report on Nov 10, 2026, usually after the market closes. Analysts expect EPS of -$0.15.

Over the last 12 quarters with a usable EPS surprise, SRFM beat the consensus estimate 5 times (42%), missed 7 and landed in line 0.

Across its last 12 quarters with a measured reaction, SRFM moved an average of ±10.2% in the first session after reporting. It closed higher 25% of the time; the largest gain was 16.5% and the largest drop -22.3%.

SRFM fell in the first session after 4 of its last 5 EPS beats (80%). A beat that was already priced in, or weaker guidance, can send a stock lower. In 3 of the 4 of those falls where price data is available, the stock had already risen before the report.

Across its last 12 quarters with price data, SRFM moved an average of -7.8% in the 20 trading sessions before reporting and was higher in 42% of them. After a run-up of 3% or more (4 quarters), it fell the next day 100% of the time, averaging -11.3%. After a drop of 3% or more (7 quarters), it rose the next day 43% of the time, averaging -3.1%. This describes past reports; it is not a forecast.

In 9 reports SRFM opened at least 1% away from the previous close. It gave back half or more of that gap by the close 3 of 9 times (33%), and fully reversed 3 times. A fade means the opening move was partly undone during the first session.

How we calculate these numbers · SRFM: 12 reported quarters, latest Aug 10, 2026. Information only, not investment advice.

Earnings this week

Every report this week with expected moves.

Biggest expected earnings moves

Options-implied vs historical move, ranked.