SurgePays (SURG) Invested Capital (2010 - 2026)

SurgePays (SURG) recorded quarterly Invested Capital of -$23.6 million in Q1 2026, down 53.4% quarter-over-quarter from -$15.4 million in Q4 2025, and down 403.64% on a YoY basis from $7.8 million in Q1 2025.

SurgePays (SURG) Invested Capital (2010 - 2026) Analysis & Trends

SurgePays' Invested Capital history runs 17 years deep, the most recent figure standing at -$23.6 million for Q1 2026.

  • In Q1 2026, Invested Capital fell 403.64% year-over-year to -$23.6 million; the TTM figure through Mar 2026 stood at -$23.6 million (down 403.64% YoY), while the FY2025 annual figure was -$15.4 million, down 200.93% from the prior year.
  • Invested Capital was -$23.6 million for Q1 2026 at SurgePays, down from -$15.4 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $56.2 million in Q1 2024 to a low of -$23.6 million in Q1 2026.
  • Historically, Invested Capital has averaged $13.3 million across 5 years, with a median of $8.9 million in 2023.
  • The sharpest annual moves came in 2023 and 2026: Invested Capital soared 1437.8% in 2023, then slumped 403.64% in 2026.
  • A 5-year view of Invested Capital shows it stood at $6.2 million in 2022, then soared by 356.18% to $28.4 million in 2023, then slumped by 46.27% to $15.3 million in 2024, then tumbled by 200.93% to -$15.4 million in 2025, then tumbled by 53.4% to -$23.6 million in 2026.
  • The last three Invested Capital figures came in at -$23.6 million (Q1 2026), -$15.4 million (Q4 2025), and $61392.0 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Bce 382.57 Bn 381.58 Bn - 21.05 Bn
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 57.88 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 105.24 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 132.44 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 170.85 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 7.39 Bn
9 Veon 82.81 Bn 80.59 Bn - -
10 SurgePays 176,250.00 -2.30 Mn -7.70 Mn -23.63 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -23.63 Mn
Dec 31, 2025 -15.40 Mn
Jun 30, 2025 61,392.00
Mar 31, 2025 7.78 Mn
Dec 31, 2024 15.26 Mn
Sep 30, 2024 33.28 Mn
Jun 30, 2024 46.28 Mn
Mar 31, 2024 56.19 Mn
Dec 31, 2023 28.40 Mn
Sep 30, 2023 23.84 Mn
Jun 30, 2023 16.57 Mn
Mar 31, 2023 9.98 Mn
Dec 31, 2022 6.23 Mn
Sep 30, 2022 1.55 Mn
Jun 30, 2022 3.26 Mn
Mar 31, 2022 3.44 Mn
Dec 31, 2021 5.11 Mn
Sep 30, 2021 -9.52 Mn
Jun 30, 2021 -7.87 Mn
Mar 31, 2021 -9.48 Mn