SurgePays (SURG) Operating Expenses (2010 - 2026)

SurgePays' Operating Expenses history runs 17 years deep, the most recent figure standing at $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 was $27.2 million for Q1 2026 at SurgePays, down from $29.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $37.2 million in Q3 2022 to a low of $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.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 139.2% in 2022, then tumbled 38.82% in 2025.
• A 5-year view of Operating Expenses shows it stood at $32.7 million in 2022, then decreased by 3.77% to $31.5 million in 2023, then decreased by 5.71% to $29.7 million in 2024, then decreased by 2.27% to $29.0 million in 2025, then retreated by 6.21% to $27.2 million in 2026.
• The last three Operating Expenses figures came in at $27.2 million (Q1 2026), $29.0 million (Q4 2025), and $25.6 million (Q3 2025), per Business Quant data.