Latest revenue
$16.0M
as of 2026-03-31
Latest net income
$-12.1M
as of 2026-03-31
Net margin
-75.4%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $12.6M
- Enterprise value
- $12.6M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $3.45
- 52-wk low
- $0.46
- Beta
- —
- Shares out
- 25.1M
5-year trend
What this company does
ITEM 1. BUSINESS Company Overview and History About SurgePays, Inc. SurgePays, Inc. (“SurgePays”, “we”, the “Company”) is a wireless and point of sale technology company focused on serving underserved and value-conscious consumers through a combination of retail distribution and digital acquisition channels. The Company provides mobile connectivity, financial technology services, and transaction processing solutions through an integrated platform that combines wireless services with point of sale software and nationwide retail distribution. SurgePays operates a network of more than 9,000 independently owned convenience stores and similar retail locations, which serve as a primary…
AI summary unavailable — showing raw filing excerpt
Generated from SURG's filing dated 2026-04-15
Key risks
ITEM 1A. RISK FACTORS Investing in our securities involves a great deal of risk. Careful consideration should be made of the following factors as well as other information included in this Annual Report before deciding to purchase our securities. There are many risks that affect our business and results of operations, some of which are beyond our control. Our business, financial condition or operating results could be materially harmed by any of these risks. This could cause the trading price of our securities to decline, and you may lose all or part of your investment. Additional risks that we do not yet know of or that we currently think are immaterial may also affect our business and the…
AI summary unavailable — showing raw filing excerpt
Generated from SURG's filing dated 2026-04-15
Profitability
Operating margin
-59.9%
16.1%Net margin
-63.3%
15.7%Return on equity
235.0%
178.7%Return on assets
-423.6%
122.1%Leverage
Debt / equity
-1.55×
375.0%Long-term debt / equity
-0.34×
320.9%Debt / assets
280.2%
675.8%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $16.0M | +51.1% | $-12.1M | -57.8% | -75.4% |
Q4 2025 2025-12-31 | $16.2M | +68.7% | $-13.9M | +34.1% | -85.6% |
Q3 2025 2025-09-30 | $18.7M | +291.6% | $-7.5M | +47.5% | -40.1% |
Q2 2025 2025-06-30 | $11.5M | -23.6% | $-7.1M | +39.2% | -61.5% |
Q1 2025 2025-03-31 | $10.6M | -66.3% | $-7.6M | -723.5% | -72.2% |
Q4 2024 2024-12-31 | $9.6M | — | $-21.0M | — | -219.2% |
Q3 2024 2024-09-30 | $4.8M | -86.0% | $-14.3M | -301.5% | -299.3% |
Q2 2024 2024-06-30 | $15.1M | -58.0% | $-11.6M | -295.1% | -77.2% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Telephone Communications (No Radiotelephone) · SIC 4813
Your notes
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Insider activity
Insider buying
$61.6K
Insider selling
$177.3K
Net activity
−$115.6K
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns SURG
Institutional value
$1.2M
Total shares held
1.6M
Distinct holders
19
-11 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 567.4K | $426.1K | — | New |
| 2 | Gaddis Premier Wealth Advisors LLC | 438.3K | $329.2K | +60.4K (+16.0%) | Added |
| 3 | Millennium Capital Advisors, LLC | 85.0K | $63.8K | +0 (+0.0%) | No change |
| 4 | VANGUARD FIDUCIARY TRUST CO | 83.2K | $62.5K | — | New |
| 5 | UBS Group AG | 74.8K | $56.2K | +52.1K (+229.2%) | Added |
| 6 | BlackRock, Inc. | 70.3K | $52.8K | +10.1K (+16.7%) | Added |
| 7 | Cetera Investment Advisers | 66.0K | $49.6K | +20.0K (+43.5%) | Added |
| 8 | CIBC Bancorp USA Inc. | 65.0K | $48.8K | — | New |
| 9 | JAMES INVESTMENT RESEARCH, INC. | 32.5K | $24.4K | +0 (+0.0%) | No change |
| 10 | Ethos Financial Group, LLC | 12.9K | $21.5K | +0 (+0.0%) | No change |
| 11 | BAILARD, INC. | 28.0K | $21.0K | +0 (+0.0%) | No change |
| 12 | GERBER, LLC | 13.4K | $10.1K | +0 (+0.0%) | No change |
| 13 | SBI Securities Co., Ltd. | 5.8K | $4.4K | +1.0K (+20.7%) | Added |
| 14 | Vanguard Global Advisers, LLC | 4.1K | $3.1K | — | New |
| 15 | Truvestments Capital LLC | 3.3K | $2.5K | -2.6K (-44.4%) | Trimmed |
| 16 | Ameritas Advisory Services, LLC | 1.0K | $751 | — | New |
| 17 | GROUP ONE TRADING LLC | 393 | $295 | -819 (-67.6%) | Trimmed |
| 18 | Ritter Daniher Financial Advisory LLC / DE | 15 | $12 | — | New |
| 19 | Caitong International Asset Management Co., Ltd | 1 | $1 | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once SURG's latest filing finishes processing.