SurgePays (SURG) Invested Capital (2010 - 2026)

SurgePays (SURG) posted quarterly Invested Capital of -$23.6 million for Q1 2026, down 403.64% YoY from $7.8 million in Q1 2025, and down 53.4% sequentially from -$15.4 million in Q4 2025.

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

SurgePays has disclosed Invested Capital across 17 years of filings, most recently posting -$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 retreated to -$23.6 million in Q1 2026, from -$15.4 million in the prior quarter.
  • Over the last five years, Invested Capital for SURG reached as high as $56.2 million in Q1 2024 and fell as low as -$23.6 million in Q1 2026.
  • The 5-year median for Invested Capital is $8.9 million (2023), against an average of $13.3 million.
  • Annual changes were most pronounced in 2023 — Invested Capital surged 1437.8% — and 2026, when it tumbled 403.64%.
  • A 5-year view of Invested Capital shows it stood at $6.2 million in 2022, then jumped 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.
  • According to Business Quant data, Invested Capital over the past three periods registered -$23.6 million, -$15.4 million, and $61392.0 for Q1 2026, Q4 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - 13,872.06 Bn
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 57.88 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 105.24 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 132.44 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 115.48 Bn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - 7.39 Bn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 817.38 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn 672.09 Mn
10 SurgePays 9.72 Mn 7.25 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