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SurgePays, Inc. logo

SurgePays, Inc.

SURG

NASDAQTechnologySoftware - Application

Open in GoAI

Previous close

$0.1705

−$0.0045 · -2.57%

Aug 21, 4:00 PM ET

Pre-market

$0.163

−$0.0075 · -4.40%

Aug 24, 7:59 AM ET

SURG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

82

Deep Value

Momentum

17

Strong Down

Sentiment

59

Mixed

Risk resilience

37

High Risk

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Company profile

Company website

SurgePays, Inc. operates as a financial technology and telecommunications enterprise dedicated to serving the underbanked communities across the United States. A core component of its strategy is a blockchain-powered platform that transforms local corner stores and bodegas into vital technology hubs, providing a suite of financial and prepaid products. In its telecommunications division, the company delivers voice and SMS messaging services to subsidized, direct retail prepaid, and low-income subscribers. Furthermore, it offers subsidized mobile broadband connectivity to consumers in California, Colorado, Florida, Illinois, Maryland, Mississippi, Missouri, Nevada, New Jersey, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas, alongside traditional prepaid wireless options. Beyond these primary offerings, SurgePays also extends specialized services to law firms in the mass tort industry, including marketing business intelligence, plaintiff generation, and caseload management solutions. To support its diverse operations, the company maintains a bilingual operations center that provides essential internal functions such as sales assistance, customer service, IT infrastructure design, graphic media, database programming, software development, revenue assurance, and lead generation. The company's headquarters are located in Bartlett, Tennessee.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Kevin Brian Cox
Listed since
Jan 17, 2018
Employees
125

Market position

Day range

Current $0.1705

52-week range

Current $0.1705

Open
$0.1666
Previous close
$0.175
Volume
4.59M
0.45× average
Average volume
10.21M
Average daily volume
Market cap
4.28M USD
Beta
0.27
Market reference 1
50-day average
$0.3232
-47.25% below average
200-day average
$0.9458
-81.97% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
45.39M USD
P/E (TTM)
-0.11×
P/B (TTM)
-0.21×
P/S (TTM)
0.06×
EV / EBITDA
-1.38×
Earnings yield
-107.54%
Free cash flow yield
-63.54%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-19.56%
Operating margin
-53.69%
Net margin
-47.89%
Return on equity
234.18%
Return on assets
-423.56%
Return on invested capital
1874.92%

Financial health

Debt / equity
-0.86×
Current ratio
0.38×
Altman Z-score
-24.64
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends36%-4%-45%-85%Gross margin, FY2021: 12.08%Gross margin, FY2022: 11.08%Gross margin, FY2023: 25.99%Gross margin, FY2024: -23.53%Gross margin, FY2025: -18.59%Operating margin, FY2021: -11.74%Operating margin, FY2022: 0.52%Operating margin, FY2023: 13.76%Operating margin, FY2024: -68.63%Operating margin, FY2025: -59.93%Net margin, FY2021: -26.50%Net margin, FY2022: -0.56%Net margin, FY2023: 15.03%Net margin, FY2024: -75.11%Net margin, FY2025: -63.32%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 12.08%. Gross margin FY2022 11.08%. Gross margin FY2023 25.99%. Gross margin FY2024 -23.53%. Gross margin FY2025 -18.59%. Operating margin FY2021 -11.74%. Operating margin FY2022 0.52%. Operating margin FY2023 13.76%. Operating margin FY2024 -68.63%. Operating margin FY2025 -59.93%. Net margin FY2021 -26.50%. Net margin FY2022 -0.56%. Net margin FY2023 15.03%. Net margin FY2024 -75.11%. Net margin FY2025 -63.32%.

Income trends

Revenue

56.96M USD-6.44%

Operating income

−34.14M USD+18.30%

Net income

−36.07M USD+21.12%
Income trends across reported periods155.43M USD82.28M USD9.13M USD−64.02M USDRevenue, FY2021: 51.06M USDRevenue, FY2022: 121.54M USDRevenue, FY2023: 137.14M USDRevenue, FY2024: 60.88M USDRevenue, FY2025: 56.96M USDOperating income, FY2021: −5.99M USDOperating income, FY2022: 633.79K USDOperating income, FY2023: 18.87M USDOperating income, FY2024: −41.78M USDOperating income, FY2025: −34.14M USDNet income, FY2021: −13.53M USDNet income, FY2022: −680.76K USDNet income, FY2023: 20.62M USDNet income, FY2024: −45.73M USDNet income, FY2025: −36.07M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 51.06M USD. Revenue FY2022 121.54M USD. Revenue FY2023 137.14M USD. Revenue FY2024 60.88M USD. Revenue FY2025 56.96M USD. Operating income FY2021 −5.99M USD. Operating income FY2022 633.79K USD. Operating income FY2023 18.87M USD. Operating income FY2024 −41.78M USD. Operating income FY2025 −34.14M USD. Net income FY2021 −13.53M USD. Net income FY2022 −680.76K USD. Net income FY2023 20.62M USD. Net income FY2024 −45.73M USD. Net income FY2025 −36.07M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue56.96M USD60.88M USD137.14M USD121.54M USD51.06M USD
Cost of goods sold67.55M USD75.21M USD101.5M USD108.07M USD44.89M USD
Gross profit−10.59M USD−14.32M USD35.64M USD13.47M USD6.17M USD
Selling, general, and administrative20.07M USD26.29M USD15.71M USD11.91M USD11.38M USD
Operating expenses23.55M USD27.46M USD16.78M USD12.84M USD12.16M USD
Interest income63.95K USD105.4K USD———
Interest expense2M USD554.2K USD595.98K USD1.96M USD7.52M USD
Depreciation and amortization1.11M USD1.29M USD1.11M USD988.7K USD917.47K USD
Operating income−34.14M USD−41.78M USD18.87M USD633.79K USD−5.99M USD
Net income−36.07M USD−45.73M USD20.62M USD−680.76K USD−13.53M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
18%
2 beats, 9 misses, 0 met estimates
Average EPS surprise
-111.12%
11 comparable reports
Latest EPS result
0.05
Estimate -0.11 · Beat by 145.45%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.13-0.25-0.63-1.01Q1 '25MissQ2 '25BeatQ3 '25MissQ4 '25MissQ2 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 25, 2025: actual -0.93, estimate -0.27, surprise -244.44%, Miss. Q2 2025, reported May 13, 2025: actual -0.38, estimate -0.4, surprise +5.00%, Beat. Q3 2025, reported Aug 13, 2025: actual -0.36, estimate -0.31, surprise -16.13%, Miss. Q4 2025, reported Nov 12, 2025: actual -0.38, estimate -0.17, surprise -123.53%, Miss. Q2 2026, reported Apr 14, 2026: actual -0.68, estimate -0.23, surprise -195.65%, Miss. Q2 2026, reported May 15, 2026: actual -0.51, estimate -0.19, surprise -168.42%, Miss. Q3 2026, reported Aug 14, 2026: actual 0.05, estimate -0.11, surprise +145.45%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate -0.08, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates24.4M18.61M12.82M7.02MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ2 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 25, 2025: actual 9.6M USD, estimate 8.22M USD, surprise +16.71%, Beat. Q2 2025, reported May 13, 2025: actual 10.58M USD, estimate 9.73M USD, surprise +8.70%, Beat. Q3 2025, reported Aug 13, 2025: actual 11.52M USD, estimate 16.14M USD, surprise -28.62%, Miss. Q4 2025, reported Nov 12, 2025: actual 18.68M USD, estimate 21.16M USD, surprise -11.70%, Miss. Q2 2026, reported Apr 14, 2026: actual 16.18M USD, estimate 23.2M USD, surprise -30.25%, Miss. Q2 2026, reported May 15, 2026: actual 15.98M USD, estimate 15.5M USD, surprise +3.16%, Beat. Q3 2026, reported Aug 14, 2026: actual 16.2M USD, estimate 13.8M USD, surprise +17.43%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 18.7M USD, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Nov 2, 2021

1:50

Stock split

Effective Mar 31, 2015

1:23

Stock split

Effective May 18, 2009

1:50

Stock split

Effective Jul 21, 2008

3:2

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ETFs holding SURG

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
91.22K
Weight
—
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
32.47K
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%

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