SurgePays (SURG) Operating Expenses (2010 - 2026)

SurgePays (SURG) posted quarterly Operating Expenses of $27.2 million for Q1 2026, up 49.71% YoY from $18.2 million in Q1 2025, and down 6.21% sequentially from $29.0 million in Q4 2025.

SurgePays (SURG) Operating Expenses (2010 - 2026) Analysis & Trends

SurgePays has disclosed Operating Expenses across 17 years of filings, most recently posting $27.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 49.71% year-over-year to $27.2 million; the TTM figure through Mar 2026 stood at $100.1 million (up 7.86% YoY), while the FY2025 annual figure was $91.1 million, down 12.69% from the prior year.
  • Operating Expenses eased to $27.2 million in Q1 2026, from $29.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for SURG reached as high as $37.2 million in Q3 2022 and fell as low as $18.2 million in Q1 2025.
  • The 5-year median for Operating Expenses is $28.9 million (2022), against an average of $27.2 million.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 139.2% — and 2025, when it plunged 38.82%.
  • A 5-year view of Operating Expenses shows it stood at $32.7 million in 2022, then fell by 3.77% to $31.5 million in 2023, then fell by 5.71% to $29.7 million in 2024, then fell by 2.27% to $29.0 million in 2025, then declined by 6.21% to $27.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $27.2 million, $29.0 million, and $25.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 18.61 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 26.20 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 24.85 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 10.39 Bn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -650.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 61.89 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -22.56 Mn
10 SurgePays 9.72 Mn 7.25 Mn -7.70 Mn 27.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 27.18 Mn
Dec 31, 2025 28.98 Mn
Sep 30, 2025 25.63 Mn
Jun 30, 2025 18.33 Mn
Mar 31, 2025 18.16 Mn
Dec 31, 2024 29.66 Mn
Sep 30, 2024 19.05 Mn
Jun 30, 2024 25.96 Mn
Mar 31, 2024 29.68 Mn
Dec 31, 2023 31.45 Mn
Sep 30, 2023 27.07 Mn
Jun 30, 2023 29.68 Mn
Mar 31, 2023 30.07 Mn
Dec 31, 2022 32.68 Mn
Sep 30, 2022 37.18 Mn
Jun 30, 2022 28.85 Mn
Mar 31, 2022 22.19 Mn
Dec 31, 2021 14.25 Mn
Sep 30, 2021 15.54 Mn
Jun 30, 2021 12.79 Mn