SurgePays (SURG) Cost of Revenue (2010 - 2026)

SurgePays' Cost of Revenue history runs 17 years deep, the most recent figure standing at $23.7 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 75.16% year-over-year to $23.7 million; the TTM figure through Mar 2026 stood at $77.7 million (up 18.69% YoY), while the FY2025 annual figure was $67.6 million, down 10.18% from the prior year.
• Cost of Revenue was $23.7 million for Q1 2026 at SurgePays, up from $18.6 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $34.3 million in Q3 2022 to a low of $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.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue surged 171.08% in 2022, then sank 46.78% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $29.5 million in 2022, then retreated by 15.68% to $24.9 million in 2023, then retreated by 16.27% to $20.8 million in 2024, then declined by 10.78% to $18.6 million in 2025, then advanced by 27.44% to $23.7 million in 2026.
• The last three Cost of Revenue figures came in at $23.7 million (Q1 2026), $18.6 million (Q4 2025), and $21.3 million (Q3 2025), per Business Quant data.