Growth Metrics

SurgePays (SURG) Operating Expenses (2016 - 2025)

SurgePays' Operating Expenses history spans 16 years, with the latest figure at $29.0 million for Q4 2025.

  • Quarterly results put Operating Expenses at $29.0 million for Q4 2025, down 2.27% from a year ago — trailing twelve months through Dec 2025 was $91.1 million (down 12.69% YoY), and the annual figure for FY2025 was $91.1 million, down 12.69%.
  • Operating Expenses for Q4 2025 was $29.0 million at SurgePays, up from $25.6 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 $12.8 million in Q2 2021.
  • The 5-year median for Operating Expenses is $26.5 million (2023), against an average of $24.5 million.
  • The sharpest move saw Operating Expenses soared 274.83% in 2021, then crashed 38.82% in 2025.
  • Year by year, Operating Expenses stood at $14.2 million in 2021, then skyrocketed by 129.41% to $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.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $29.0 million, $25.6 million, and $18.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.