SurgePays SURG Revenue Breakdown

NASDAQ SURG
$0.15 0.00 (-2.74%)
As of: Oct 2, 2026 · 1:03 PM EDT
Annual revenue breakdowns for SurgePays, fiscal 2017 to 2025, as reported in its filings.
Annual history

SurgePays Revenue by Product & Service

Years FY 2018–2025
Lines 2
FY 2025 Total $113.93M

Point-Of-Sale & Prepaid Services was SurgePays’s largest product and service line in fiscal 2025, bringing in $87.02M of $113.93M (76%).

SurgePays revenue by product and service, fiscal 2018 to 2025
Product and Service FY 2018 FY 2019 FY 2019 FY 2022 FY 2023 FY 2024 FY 2025
Mobile Virtual Network Operators $176.70M $237.16M $86.90M $26.91M
Point-Of-Sale & Prepaid Services — — $34.84M $87.02M
Total $243.09M $274.28M $121.76M $113.93M
Totals include 12 discontinued lines from earlier reporting.

SurgePays revenue by product and service: what the figures show

SurgePays brought in $113.93M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. SurgePays regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $121.76M. Point-Of-Sale & Prepaid Services was the largest at $87.02M (76.4%), ahead of Mobile Virtual Network Operators at $26.91M (23.6%).

Compared with fiscal 2024, Point-Of-Sale & Prepaid Services grew 149.8% to $87.02M, while Mobile Virtual Network Operators fell 69.0% to $26.91M.

SurgePays began breaking out Point-Of-Sale & Prepaid Services in fiscal 2024, when it brought in $34.84M. SurgePays stopped reporting Lead Generation ($33.52M in fiscal 2022), Comprehensive Platform Services ($22.68M in fiscal 2023), Other ($225.82K in fiscal 2022) and one other as separate lines.

Annual history

SurgePays Revenue by Segment

Years FY 2022–2025
Lines 2
FY 2025 Total $113.93M

Point-Of-Sale & Prepaid Services was SurgePays’s largest segment in fiscal 2025, bringing in $87.02M of $113.93M (76%).

SurgePays revenue by segment, fiscal 2022 to 2025
Segment FY 2022 FY 2023 FY 2024 FY 2025
Mobile Virtual Network Operator $176.70M $237.16M $86.90M $26.91M
Point-Of-Sale & Prepaid Services — — $34.84M $87.02M
Total $243.09M $274.28M $121.76M $113.93M
Totals include 4 discontinued lines from earlier reporting.

SurgePays revenue by segment: what the figures show

SurgePays brought in $113.93M from its two segments in fiscal 2025, the year ended December 31, 2025. SurgePays regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $121.76M. Point-Of-Sale & Prepaid Services was the largest at $87.02M (76.4%), ahead of Mobile Virtual Network Operator at $26.91M (23.6%).

Compared with fiscal 2024, Point-Of-Sale & Prepaid Services grew 149.8% to $87.02M, while Mobile Virtual Network Operator fell 69.0% to $26.91M.

SurgePays began breaking out Point-Of-Sale & Prepaid Services in fiscal 2024, when it brought in $34.84M. SurgePays stopped reporting Lead Generation ($33.52M in fiscal 2022), Comprehensive Platform Services ($22.68M in fiscal 2023), Other ($225.82K in fiscal 2022) and one other as separate segments.

Annual history

SurgePays Revenue by Legal Entity

Years FY 2017–2021
Lines 5
FY 2021 Total $102.12M

Surge Fintech & Ecs was SurgePays’s largest revenue line in fiscal 2021, bringing in $49.26M of $102.12M (48%).

SurgePays revenue by legal entity, fiscal 2017 to 2021
Legal Entity FY 2017 FY 2018 FY 2019 FY 2020 FY 2021
Surge Fintech & Ecs — — — $49.26M
Logicsiq, Inc — — $32.86M $35.69M
Surge Phone & Torck Wireless — — — $14.58M
True Wireless, Inc — $6.89M — $2.32M
Surge Blockchain, Llc — — — $276.21K
Total $30.49M $51.49M $179.61M $102.12M
Totals include 9 discontinued lines from earlier reporting.

SurgePays revenue by legal entity: what the figures show

SurgePays brought in $102.12M from its five revenue lines in fiscal 2021, the year ended December 31, 2021. SurgePays regrouped these revenue lines after fiscal 2020, so the total does not compare directly with that year's $179.61M. Surge Fintech & Ecs was the largest at $49.26M (48.2%), ahead of Logicsiq, Inc at $35.69M (35.0%) and Surge Phone & Torck Wireless at $14.58M (14.3%). The other two revenue lines brought in $2.59M combined.

SurgePays began breaking out Surge Fintech & Ecs in fiscal 2021, Logicsiq, Inc in fiscal 2020, Surge Phone & Torck Wireless in fiscal 2021 and True Wireless, Inc in fiscal 2019. SurgePays stopped reporting Ecs ($69.72M in fiscal 2020), Ecs Business ($69.72M in fiscal 2020), True Wireless, Inc., ($25.60M in fiscal 2018) and six others as separate revenue lines.

Questions

SurgePays Revenue Breakdown FAQ

How does SurgePays make money?

SurgePays (SURG) reports its revenue by product and service, by segment and by legal entity. In fiscal 2025, Point-Of-Sale & Prepaid Services was its largest product and service line, bringing in $87.02M (76.4% of the total), followed by Mobile Virtual Network Operators at $26.91M (23.6%).

What is SurgePays' largest product and service line?

Point-Of-Sale & Prepaid Services was SurgePays' largest product and service line in fiscal 2025, bringing in $87.02M, or 76.4% of the $113.93M total across its two product and service lines.

What is SurgePays' largest segment?

Point-Of-Sale & Prepaid Services was SurgePays' largest segment in fiscal 2025, bringing in $87.02M, or 76.4% of the $113.93M total across its two segments.

What is SurgePays' largest revenue line?

Surge Fintech & Ecs was SurgePays' largest revenue line in fiscal 2021, bringing in $49.26M, or 48.2% of the $102.12M total across its five revenue lines.

Where does this revenue breakdown data come from?

Every figure comes from SurgePays' annual financial filings, as reported. Each line keeps the name SurgePays gives it, and years follow its fiscal calendar.

How far back does SurgePays' revenue breakdown go?

SurgePays' revenue by product and service goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.