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SurgePays (SURG) Operating Expenses (2016 - 2025)

SurgePays has reported Operating Expenses over the past 16 years, most recently at $29.0 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 2.27% year-over-year to $29.0 million; the TTM value through Dec 2025 reached $91.1 million, down 12.69%, while the annual FY2025 figure was $91.1 million, 12.69% down from the prior year.
  • Operating Expenses for Q4 2025 was $29.0 million at SurgePays, up from $25.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $37.2 million in Q3 2022 and troughed at $12.8 million in Q2 2021.
  • A 5-year average of $24.5 million and a median of $26.5 million in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: surged 274.83% in 2021 and later tumbled 38.82% in 2025.
  • Year by year, Operating Expenses stood at $14.2 million in 2021, then soared by 129.41% to $32.7 million in 2022, then dropped by 3.77% to $31.5 million in 2023, then dropped by 5.71% to $29.7 million in 2024, then dropped by 2.27% to $29.0 million in 2025.
  • Business Quant data shows Operating Expenses for SURG at $29.0 million in Q4 2025, $25.6 million in Q3 2025, and $18.3 million in Q2 2025.