SurgePays (SURG) Operating Expenses (2010 - 2026)

SurgePays (SURG) has reported Operating Expenses for 17 consecutive years, with $27.2 million the latest figure, recorded in 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 declined to $27.2 million in Q1 2026 per SURG's latest filing, from $29.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $37.2 million in Q3 2022 and bottomed at $18.2 million in Q1 2025.
• Historically, Operating Expenses has averaged $27.2 million across 5 years, with a median of $28.9 million in 2022.
• Annual changes were most pronounced in 2022 — Operating Expenses soared 139.2% — and 2025, when it slumped 38.82%.
• SurgePays' Operating Expenses stood at $32.7 million in 2022, then retreated by 3.77% to $31.5 million in 2023, then retreated by 5.71% to $29.7 million in 2024, then retreated by 2.27% to $29.0 million in 2025, then fell by 6.21% to $27.2 million in 2026.
• Business Quant data shows SURG's Operating Expenses at $27.2 million in Q1 2026, $29.0 million in Q4 2025, and $25.6 million in Q3 2025.