SurgePays (SURG) Equity Ratio (2010 - 2026)

SurgePays (SURG) posted quarterly Equity Ratio of 2.51 for Q1 2026, down 604.5% YoY from 0.5 in Q1 2025, and down 38.56% sequentially from 1.81 in Q4 2025.

SurgePays (SURG) Equity Ratio (2010 - 2026) Analysis & Trends

SurgePays has disclosed Equity Ratio across 17 years of filings, most recently posting 2.51 for Q1 2026.

  • In Q1 2026, Equity Ratio fell 604.5% year-over-year to 2.51; the TTM figure through Mar 2026 stood at 2.51 (down 604.5% YoY), while the FY2025 annual figure was 1.81, down 384.15% from the prior year.
  • Equity Ratio declined to 2.51 in Q1 2026, from 1.81 in the prior quarter.
  • Over the last five years, Equity Ratio for SURG reached as high as 0.82 in Q2 2024 and fell as low as 2.51 in Q1 2026.
  • The 5-year median for Equity Ratio is 0.33 (2023), against an average of 0.09.
  • Annual changes were most pronounced in 2023 — Equity Ratio jumped 3863.97% — and 2026, when it sank 604.5%.
  • A 5-year view of Equity Ratio shows it stood at 0.15 in 2022, then jumped by 350.09% to 0.68 in 2023, then slipped by 6.04% to 0.64 in 2024, then slumped by 384.15% to 1.81 in 2025, then plunged by 38.56% to 2.51 in 2026.
  • According to Business Quant data, Equity Ratio over the past three periods registered 2.51, 1.81, and 0.0 for Q1 2026, Q4 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - 771.04
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 0.26
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 0.25
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 0.30
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 0.14
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 0.14
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn 0.21
10 SurgePays 9.72 Mn 7.25 Mn -7.70 Mn -2.51

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.51
Dec 31, 2025 -1.81
Jun 30, 2025 0.00
Mar 31, 2025 0.50
Dec 31, 2024 0.64
Sep 30, 2024 0.80
Jun 30, 2024 0.82
Mar 31, 2024 0.81
Dec 31, 2023 0.68
Sep 30, 2023 0.55
Jun 30, 2023 0.41
Mar 31, 2023 0.25
Dec 31, 2022 0.15
Sep 30, 2022 0.01
Jun 30, 2022 0.07
Mar 31, 2022 0.13
Dec 31, 2021 0.18
Sep 30, 2021 -1.22
Jun 30, 2021 -1.26
Mar 31, 2021 -1.18