SurgePays (SURG) Gross Margin (2012 - 2026)
SurgePays (SURG) posted quarterly Gross Margin of 48.16% for Q1 2026, down 2034.0% year-over-year from 2.49% in Q1 2025, and down 225.42% quarter-over-quarter from 14.8% in Q4 2025.
SurgePays (SURG) Gross Margin (2012 - 2026) Analysis & Trends
SurgePays (SURG) has reported Gross Margin for 15 consecutive years, with 48.16% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 2034.0% year-over-year to 48.16%; the TTM figure through Mar 2026 stood at 24.6% (up 3897.0% YoY), while the FY2025 annual figure was 18.59%, up 494.0% from the prior year.
- Gross Margin slipped to 48.16% in Q1 2026 per SURG's latest filing, from 14.8% in the prior quarter.
- Across five years, Gross Margin topped out at 30.68% in Q3 2023 and bottomed at 164.21% in Q3 2024.
- Historically, Gross Margin has averaged 15.17% across 5 years, with a median of 5.31% in 2022.
- Annual changes were most pronounced in 2024 — Gross Margin tumbled 19489 bps — and 2025, when it jumped 15031 bps.
- SurgePays' Gross Margin stood at 18.56% in 2022, then advanced by 24 bps to 23.03% in 2023, then plunged by 608 bps to 117.04% in 2024, then surged by 87 bps to 14.8% in 2025, then plunged by 225 bps to 48.16% in 2026.
- Business Quant data shows SURG's Gross Margin at 48.16% in Q1 2026, 14.8% in Q4 2025, and 13.9% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 77.82% |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | 38.75% |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 80.02% |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 37.54% |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 46.08% |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | 43.49% |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | 44.91% |
| 10 | SurgePays | 3.99 Mn | 1.58 Mn | -7.70 Mn | -48.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -48.16% |
| Dec 31, 2025 | -14.80% |
| Sep 30, 2025 | -13.90% |
| Jun 30, 2025 | -23.05% |
| Mar 31, 2025 | -27.82% |
| Dec 31, 2024 | -117.04% |
| Sep 30, 2024 | -164.21% |
| Jun 30, 2024 | -22.82% |
| Mar 31, 2024 | 26.04% |
| Dec 31, 2023 | 23.03% |
| Sep 30, 2023 | 30.68% |
| Jun 30, 2023 | 27.94% |
| Mar 31, 2023 | 22.13% |
| Dec 31, 2022 | 18.56% |
| Sep 30, 2022 | 5.31% |
| Jun 30, 2022 | 7.82% |
| Mar 31, 2022 | 12.46% |
| Dec 31, 2021 | 12.78% |
| Sep 30, 2021 | 13.09% |
| Jun 30, 2021 | 11.66% |