Surf Air Mobility Inc. · NYSE:SRFM
Surf Air Mobility — Q2 2026 Earnings Presentation
15 slides from Surf Air Mobility's earnings presentation, Aug 10, 2026
Slide 1: The technology platform powering the next generation of aviation
NYSE: SRFM THE NEXT CHAPTER The technology platform powering the next generation of aviation ©2026 SURF AIR MOBILITY 1
Slide 2: Disclaimer: Forward Looking Statements, Non-GAAP Financial Measures
DISCLAIMER NYSE: SRFM Forward Looking Statements Non-GAAP Financial Measures This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including This presentation includes information that does not conform to GAAP and are consid
Slide 3: Surf Air Mobility Overview: Our business today
SURF AIR MOBILIT Y OVERVIEW NYSE: SRFM Our business today 1 2 3 Recent wins SurfOS Tech-enabled Air Mobility Won first multi-year SurfOS enterprise contract worth up to $12M Software Charter Platform Operations Grew on demand private charter revenue 77%1 Reduced total debt by 50%2 Decreased cash amo
Slide 4: Our next phases prioritize software and platform growth
4 - P H A S E T R A N S F O R M AT I O N P L A N O V E R V I E W Our next phases prioritize software and platform growth PHASE 1 PHASE 2 PHASE 3 PHASE 4 2024 2025 - 2026 2026 - 2027 2027+ Transformation Optimization Expansion Acceleration Improved capital structure Optimized airline operations Comme
Slide 5: Strategic priorities of Expansion Phase
P H A S E 3 - 2 02 6 -2 02 7 O B J E C T I V E Simultaneously grow revenue and profitability Strategic priorities of Expansion Phase COMMERCIALIZE SC ALE CHARTER E XPAND AIRLINE SURFOS PL ATFORM PROFITABILIT Y Win additional SurfOS enterprise and SMB Drive efficiencies from BrokerOS Optimize route n
Slide 6: Strategic priorities of Acceleration Phase
PHASE 4 - 2027+ O B J E C T I V E Expand profitability via software, platform, and electrification economics Strategic priorities of Acceleration Phase DEPLOY ESTABLISH SURF OS SC ALE PL ATFORM ELECTRIC AIRCR AFT AS DIGITAL INFR ASTRUCTURE EFFICIENCIES Deploy BETA aircraft on existing Hawaii Expand
Slide 7: Our next chapter focuses on growing revenue and profitability at the same time
H2 2026 PRIORITIES NYSE: SRFM Our next chapter focuses on growing revenue and profitability at the same time FOCUS 1 FOCUS 2 FOCUS 3 SurfOS Tech-enabled Charter Platform Air Mobility Operations Launch commercial software and expand the Grow revenue and expand margins while Optimize, modernize, and d
Slide 8: High-margin revenue growth from commercialization of flagship SurfOS products
H2 2026 SURF OS PRIORITIES NYSE: SRFM High-margin revenue growth from commercialization of flagship SurfOS products C O N V E RT E N T E R P R I S E P I P E L I N E High-value contracts with large operators, brokerages, and OEMs and longer sales cycles ONBOARD SMB CUSTOMERS Shorter sales cycles with
Slide 9: SurfOS is being commercialized in 2026
S P O T L I G H T: S U R F O S g o -t o - m a r k e t NYSE: SRFM SurfOS is being commercialized in 2026 Recently expanded Palantir resources will accelerate time to market and conversion of active enterprise pipeline for all SurfOS products. PRODUCT DESCRIPTION CURRENT STATUS REVENUE MODEL Streamlin
Slide 10: Charter growth is the anchor of the technology platform strategy
H 2 2 0 2 6 T E C H - E N A B L E D C H A R T E R P L AT F O R M P R I O R I T I E S NYSE: SRFM Charter growth is the anchor of the technology platform strategy E xpand pl atform participation Partner with more operators and brokers DRIVE EFFICIENCIES FROM BROKER OS Improve real-time pricing, sourci
Slide 11: A more profitable airline operation that positions Hawaii as showcase for electric flight
H 2 2 0 2 6 A I R m o b i l i t y O P E R AT I O N S P R I O R I T I E S NYSE: SRFM A more profitable airline operation that positions Hawaii as showcase for electric flight Direct investment iN HawaiI OPER ATIONS Position Mokulele Airlines infrastructure as showcase for advanced air mobility Right-
Slide 12: We aim to be the first to launch commercial passenger electric flights with BETA
S P OT L I G H T: e l e c t r i c f ly i n g We aim to be the first to launch commercial passenger electric flights with BETA Technologies 56 HAWAII NETWORK GEOGRAPHIC FIT E TO L C TO L MILES Island-to-island distances MOKULEL match BETA’s range A G S TAG E L E N G T H 54 miles 41 100% miles GREEN C
Slide 13: We believe we have a clear path to profitability across our business
PATH TO PROFITABILIT Y We believe we have a clear path to profitability across our business Airline On Demand SurfOS Corporate A STREAMLINED, modern revenue and margin growth High - margin, recurring revenue A cost b ase that MA X IMI Z Es operation that generates cash at the same time across PRODU
Slide 14: Transforming Air Mobility: Shawn Pelsinger quote
TRANSFORMING AIR MOBILITY NYSE: SRFM “I have seen firsthand what the right software does to an industry in transition. Air Mobility is at that moment right now, and I believe Surf Air Mobility is perfectly positioned for the opportunity.” S H AW N P E L S I N G E R CHAIRMAN OF THE BOARD ©2026 SURF A
Slide 15: Transforming Air Mobility
TRANSFORMING AIR MOBILITY NYSE: SRFM ©2026 SURF AIR MOBILITY I N V E S T O R S @ S U R FA I R . C O M I N V E S T O R S . S U R FA I R . C O M 15