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NASDAQ · Consumer discretionary

SurgePays, Inc. (SURG)

SurgePays, Inc. brought in $67.1M of revenue over the twelve months to June 30, 2026, up 83.9% from a year earlier. It posted a net loss of $32.1M. In fiscal 2025 capital spending exceeded operating cash flow by $21.3M. At June 30, 2026 it held $2M in cash against $17.7M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 19, 2026.

Revenue (last 12 months)
$67.1M
+83.9% year on year
Net margin
-47.9%

What SurgePays, Inc. does

SurgePays, Inc. is registered with the SEC under industry code SIC 4813 (Telephone Communications (No Radiotelephone)). Its shares trade on NASDAQ under the ticker SURG.

Revenue and profit by year

Revenue
FY18: $15.2M $15.2M FY18FY19: $25.7M $25.7M FY19FY20: $54.4M $54.4M FY20FY21: $51.1M $51.1M FY21FY22: $121.5M $121.5M FY22FY23: $137.1M $137.1M FY23FY24: $60.9M $60.9M FY24FY25: $57M $57M FY25
Net income
FY18: -$1.5M -$1.5M FY18FY19: -$8.4M -$8.4M FY19FY20: -$10.7M -$10.7M FY20FY21: -$13.5M -$13.5M FY21FY22: -$680.8K -$680.8K FY22FY23: $20.6M $20.6M FY23FY24: -$45.7M -$45.7M FY24FY25: -$36.1M -$36.1M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$57M-$34.1M-$36.1M-$1.80-$21.3M
2024$60.9M-$43.5M-$45.7M-$2.39-$21.8M
2023$137.1M$18.9M$20.6M$1.38n/a
2022$121.5M$633.8K-$680.8K-$0.05$781.9K
2021$51.1M-$6M-$13.5M-$3.09-$15.3M
2020$54.4M-$10.1M-$10.7M-$5.02-$4.3M

Full financial statements: income, balance sheet and cash flow

Where SURG ranks in Consumer discretionary

Revenue$57M
#763 of 955 in Consumer discretionary · Bottom 20%
Revenue growth-6.4%
#739 of 887 in Consumer discretionary · Bottom 17%
Net margin-63.3%
#860 of 901 in Consumer discretionary · Bottom 5%
Free cash flow margin-37.4%
#767 of 796 in Consumer discretionary · Bottom 4%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Latest SEC filings

What SurgePays, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 16, 2026
  2. September 10, 2026
  3. September 3, 2026
  4. August 19, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 41% to $16.2M versus the same quarter last year; diluted EPS $0.05 versus -$0.36.
  5. August 17, 2026
  6. August 5, 2026
  7. July 29, 2026
  8. July 1, 2026
  9. June 22, 2026
  10. June 22, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 16, 2026. Insider transactions on SEC

Insider trades

What the people running SurgePays, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 3 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
July 31, 2026 Weisberg LaurieDirector Received as pay 315,179 - - Form 4
July 31, 2026 Keys David NDirector Received as pay 315,179 - - Form 4
July 31, 2026 May David AllenDirector Received as pay 315,179 - - Form 4
June 5, 2026 May David AllenDirector Bought 34,716 $0.53 $18.2K Form 4
June 4, 2026 May David AllenDirector Bought 121 $0.53 $63.6 Form 4
June 3, 2026 May David AllenDirector Bought 5,413 $0.53 $2.8K Form 4
June 1, 2026 Cox Kevin BrianCEO & Chairman, Director, 10% owner Received as pay 500,000 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns SURG

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

We have not read this company's Schedule 13D and 13G filings yet.

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

4 insiders reported holding 3,262,358 shares in total.

HolderSharesAs of
Cox Kevin BrianCEO & Chairman, Director, 10% owner 1,800,000 June 1, 2026
May David AllenDirector 643,431 July 31, 2026
Keys David NDirector 412,059 July 31, 2026
Weisberg LaurieDirector 406,868 July 31, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about SURG

What does SurgePays, Inc. do?

SurgePays, Inc. is registered with the SEC under industry code SIC 4813 (Telephone Communications (No Radiotelephone)). Its shares trade on NASDAQ under the ticker SURG.

Is SurgePays, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $32.1M on revenue of $67.1M.

How much revenue does SurgePays, Inc. make?

Over the twelve months to June 30, 2026 SurgePays, Inc. reported revenue of $67.1M. That is 83.9% more than a year earlier.

When did SurgePays, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 19, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the auditor change from September 16, 2026.

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Where the numbers come from

Financial figures are the values SurgePays, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.