SurgePays (SURG) Gross Margin (2015 - 2026)
SurgePays' Gross Margin was -2.62% in Q2 2026, up 20.42 percentage points from -23.05% a year earlier and up 45.53 percentage points from the prior quarter.
SurgePays (SURG) Gross Margin (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, SurgePays' Gross Margin was -19.56% through Jun 30, 2026, up 48.08 percentage points year-over-year; for FY2025, it was -18.59%, up 4.94 percentage points from FY2024.
- Gross Margin shows a five-year change of -23.13 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was -23.53% in FY2024 (-49.52 pp), 25.99% in FY2023 (+14.91 pp), 11.08% in FY2022 (-1.00 pp) and 12.08% in FY2021 (+7.55 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q1 2024.
- Compared with a year earlier, Gross Margin was higher in three of the last eight quarters, with an average year-over-year change of -17.05 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q3 2025 (a gain of 150.31 percentage points); the worst was Q3 2024 (a drop of 194.89 percentage points).
- Per Business Quant data, SURG's Gross Margin in the three quarters before Q2 2026 was -48.16% (Q1 2026), -14.80% (Q4 2025) and -13.90% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 64.75% |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 81.81% |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 38.75% |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | - |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 37.54% |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 46.08% |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | 25.23% |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | - |
| 10 | SurgePays | 3.71 Mn | -5.67 Mn | -425,171.00 | -2.62% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.62% |
| 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% |
SurgePays Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SURG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SURG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SURG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();