We report the structure and Young's modulus of switchable films formed by peptide selfassembly at the air-water interface. Peptide surfactant AM1 forms an interfacial film that can be switched, reversibly, from a high-to low-elasticity state, with rapid loss of emulsion and foam stability. Using neutron reflectometry, we find that the AM1 film comprises a thin (approx. 15 Å) layer of ordered peptide in both states, confirming that it is possible to drastically alter the mechanical properties of an interfacial ensemble without significantly altering its concentration or macromolecular organization. We also report the first experimentally determined Young's modulus of a peptide film self-assembled at the airwater interface (EZ80 MPa for AM1, switching to E!20 MPa). These findings suggest a fundamental link between E and the macroscopic stability of peptide-containing foam. Finally, we report studies of a designed peptide surfactant, Lac21E, which we find forms a stronger switchable film than AM1 (EZ335 MPa switching to E!4 MPa). In contrast to AM1, Lac21E switching is caused by peptide dissociation from the interface (i.e. by selfdisassembly). This research confirms that small changes in molecular design can lead to similar macroscopic behaviour via surprisingly different mechanisms.