SurgePays (SURG) Invested Capital (2012 - 2026)
SurgePays' Invested Capital came in at -$10.44 million for Q2 2026, compared with $2.91 million a year earlier.
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Analysis
SurgePays (SURG) Invested Capital (2012 - 2026) Analysis & Trends
For FY2025, SurgePays' Invested Capital was -$11.89 million.
- Going back by year, Invested Capital was $17.6 million in FY2024 (-47.4%), $33.45 million in FY2023 (+199.9%), $11.15 million in FY2022 (+138.2%) and $4.68 million in FY2021.
- The five-year range for quarterly Invested Capital is -$15.67 million (Q1 2026) to $61.38 million (Q1 2024).
- Year-over-year, Invested Capital increased in 1 of the last four quarters, with an average decline of 48.2%.
- The fastest year-over-year change in Invested Capital over five years came in Q1 2024 (growth of 305.4%), and the weakest in Q2 2025 (a decline of 94.3%).
- Business Quant data shows SURG's Invested Capital at -$15.67 million (Q1 2026), -$11.89 million (Q4 2025) and -$80,596 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.87 Bn | 155.27 Bn | 27.03 Bn | 270.43 Bn |
| 2 | T-Mobile US | 175.88 Bn | 160.63 Bn | 14.76 Bn | 140.89 Bn |
| 3 | At&T | 166.65 Bn | 114.60 Bn | 25.82 Bn | 270.39 Bn |
| 4 | Grupo Televisa, S.A.B | 142.49 Bn | 131.12 Bn | 318.12 Mn | 10.56 Bn |
| 5 | Comcast | 76.29 Bn | 40.54 Bn | - | 180.15 Bn |
| 6 | Chunghwa Telecom | 35.81 Bn | 31.66 Bn | 728.80 Mn | 11.79 Bn |
| 7 | EchoStar | 27.35 Bn | 18.48 Bn | 1.65 Bn | 31.63 Bn |
| 8 | AST SpaceMobile | 22.74 Bn | 23.25 Bn | 7.95 Mn | 5.37 Bn |
| 9 | Telefonica Brasil | 18.42 Bn | 12.42 Bn | 1.42 Bn | - |
| 10 | SurgePays | 3.98 Mn | -5.40 Mn | -425,171.00 | -10.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.44 Mn |
| Mar 31, 2026 | -15.67 Mn |
| Dec 31, 2025 | -11.89 Mn |
| Sep 30, 2025 | -80,596.00 |
| Jun 30, 2025 | 2.91 Mn |
| Mar 31, 2025 | 11.40 Mn |
| Dec 31, 2024 | 17.60 Mn |
| Sep 30, 2024 | 37.70 Mn |
| Jun 30, 2024 | 51.09 Mn |
| Mar 31, 2024 | 61.38 Mn |
| Dec 31, 2023 | 33.45 Mn |
| Sep 30, 2023 | 28.96 Mn |
| Jun 30, 2023 | 22.24 Mn |
| Mar 31, 2023 | 15.14 Mn |
| Dec 31, 2022 | 11.15 Mn |
| Sep 30, 2022 | 7.73 Mn |
| Jun 30, 2022 | 9.39 Mn |
| Mar 31, 2022 | 3.94 Mn |
| Dec 31, 2021 | 4.68 Mn |
| Sep 30, 2021 | -7.75 Mn |
API Access
SurgePays Invested Capital 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=invested-capital&ticker=SURG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=SURG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();