SurgePays (SURG) Cost of Revenue (2012 - 2026)

SurgePays' (SURG) quarterly Cost of Revenue came in at $23.7 million in Q1 2026, up 75.16% year-on-year from $13.5 million in Q1 2025, and up 27.44% on a QoQ basis from $18.6 million in Q4 2025.

SurgePays (SURG) Cost of Revenue (2012 - 2026) Analysis & Trends

SurgePays (SURG) has 15 years of Cost of Revenue data on file, last reported at $23.7 million in Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 75.16% year-over-year to $23.7 million in Q1 2026; TTM through Mar 2026 was $77.7 million, a 18.69% increase from a year earlier, with the FY2025 full-year figure at $67.6 million, down 10.18% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $23.7 million, up from $18.6 million in the prior quarter.
  • Over the last five years, Cost of Revenue for SURG reached as high as $34.3 million in Q3 2022 and fell as low as $12.6 million in Q3 2024.
  • Historically, Cost of Revenue has averaged $22.1 million across 5 years, with a median of $23.2 million in 2024.
  • Across the five-year window, Cost of Revenue surged 171.08% in 2022 and slumped 46.78% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $29.5 million in 2022, then decreased by 15.68% to $24.9 million in 2023, then decreased by 16.27% to $20.8 million in 2024, then fell by 10.78% to $18.6 million in 2025, then climbed by 27.44% to $23.7 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $23.7 million in Q1 2026, $18.6 million in Q4 2025, and $21.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 6.73 Bn
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn 501.31 Mn
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 1.18 Bn
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 5.30 Bn
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 5.06 Bn
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 6.31 Bn
8 Veon 90.84 Bn 90.84 Bn - -
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn 288.38 Mn
10 SurgePays 5.72 Mn 3.73 Mn -7.70 Mn 23.68 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.68 Mn
Mar 31, 2026 23.68 Mn
Dec 31, 2025 18.58 Mn
Dec 31, 2025 18.58 Mn
Sep 30, 2025 21.28 Mn
Sep 30, 2025 21.28 Mn
Jun 30, 2025 14.17 Mn
Jun 30, 2025 14.17 Mn
Mar 31, 2025 13.52 Mn
Mar 31, 2025 13.52 Mn
Dec 31, 2024 20.83 Mn
Dec 31, 2024 20.83 Mn
Sep 30, 2024 12.60 Mn
Sep 30, 2024 12.60 Mn
Jun 30, 2024 18.53 Mn
Jun 30, 2024 18.53 Mn
Mar 31, 2024 23.25 Mn
Mar 31, 2024 23.25 Mn
Dec 31, 2023 24.88 Mn
Dec 31, 2023 24.88 Mn