SurgePays, Inc. (SURG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 15.98M | 16.19M | 18.68M | 11.52M | 10.58M | 9.6M | 4.77M | 15.09M | 31.43M | 32.32M | 34.16M | 35.89M | 34.78M | 36.23M | 36.17M | 28.01M | 21.14M | 14.16M | 14.54M | 11.38M |
| Revenue Growth % | 51.11% | 68.67% | 291.65% | -23.65% | -66.35% | -70.31% | -86.04% | -57.96% | -9.63% | -10.79% | -5.56% | 28.14% | 64.49% | 155.92% | 148.8% | 146.14% | 92.39% | 25.25% | 13.56% | -21.61% |
| Cost of Goods Sold | 23.68M | 18.58M | 21.28M | 14.17M | 13.52M | 20.83M | 12.6M | 18.53M | 23.25M | 24.88M | 23.68M | 25.86M | 27.08M | 29.5M | 34.25M | 25.81M | 18.51M | 12.35M | 12.63M | 10.05M |
| COGS % of Revenue | 148.16% | 114.8% | 113.9% | 123.05% | 127.82% | 217.03% | 264.21% | 122.82% | 73.96% | 76.97% | 69.32% | 72.06% | 77.87% | 81.44% | 94.69% | 92.18% | 87.54% | 87.22% | 86.91% | 88.34% |
| Gross Profit | -7.7M | -2.4M | -2.6M | -2.65M | -2.94M | -11.23M | -7.83M | -3.44M | 8.18M | 7.44M | 10.48M | 10.03M | 7.69M | 6.72M | 1.92M | 2.19M | 2.63M | 1.81M | 1.9M | 1.33M |
| Gross Margin % | -48.16% | -14.8% | -13.9% | -23.05% | -27.82% | -117.03% | -164.21% | -22.82% | 26.04% | 23.03% | 30.68% | 27.94% | 22.13% | 18.56% | 5.31% | 7.82% | 12.46% | 12.78% | 13.09% | 11.66% |
| Gross Profit Growth % | -161.61% | 78.67% | 66.85% | 22.9% | -135.96% | -250.93% | -174.73% | -134.34% | 6.34% | 10.67% | 445.64% | 357.59% | 192.16% | 271.65% | 0.91% | 65.13% | 133.16% | 219.77% | 20.02% | 897.8% |
| Operating Expenses | 3.5M | 10.4M | 4.35M | 4.16M | 4.64M | 7.15M | 6.45M | 7.43M | 6.43M | 6.58M | 3.39M | 3.82M | 2.99M | 3.18M | 2.93M | 3.04M | 3.68M | 1.9M | 2.91M | 2.74M |
| OpEx % of Revenue | 21.91% | 64.25% | 23.31% | 36.08% | 43.84% | 74.46% | 135.2% | 49.27% | 20.46% | 20.35% | 9.92% | 10.65% | 8.6% | 8.78% | 8.11% | 10.85% | 17.42% | 13.42% | 20.02% | 24.05% |
| Selling, General & Admin | 3.5M | 7.15M | 4.35M | 3.93M | 4.64M | 6.84M | 6.17M | 7.14M | 6.14M | 6.61M | 3.12M | 3.56M | 2.72M | 3.21M | 2.63M | 2.85M | 3.51M | 2.04M | 2.91M | 2.56M |
| SG&A % of Revenue | 21.91% | 44.2% | 23.31% | 34.09% | 43.84% | 71.29% | 129.28% | 47.35% | 19.54% | 20.45% | 9.14% | 9.91% | 7.83% | 8.87% | 7.27% | 10.17% | 16.62% | 14.42% | 20.02% | 22.47% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 0 | 229.82K | 0 | 304.28K | 282.07K | 289.47K | 289.47K | -32.43K | 266.02K | 266.02K | 266.02K | -34.29K | 303.69K | 191.56K | 171.07K | -140.46K | 0 | 180.28K |
| Operating Income | -11.2M | -12.8M | -6.95M | -6.81M | -7.58M | -18.38M | -14.28M | -10.88M | 1.75M | 866.25K | 7.09M | 6.2M | 4.71M | 3.54M | -1.01M | -847.54K | -1.05M | -90.84K | -1.01M | -1.41M |
| Operating Margin % | -70.07% | -79.05% | -37.21% | -59.13% | -71.66% | -191.5% | -299.41% | -72.1% | 5.57% | 2.68% | 20.76% | 17.28% | 13.53% | 9.78% | -2.8% | -3.03% | -4.97% | -0.64% | -6.92% | -12.39% |
| Operating Income Growth % | -47.75% | 30.37% | 51.33% | 37.38% | -532.68% | -2221.49% | -301.38% | -275.35% | -62.77% | -75.56% | 800.47% | 831.83% | 548.04% | 4001.1% | -0.59% | 39.88% | 50.19% | 94.99% | 38.06% | 65.04% |
| EBITDA | -11.2M | -12.54M | -7.06M | -6.52M | -7.27M | -18.18M | -13.97M | -10.62M | 2.06M | 1.1M | 7.37M | 6.48M | 4.95M | 3.81M | -672.16K | -645.63K | -855.13K | 89.17K | -795.19K | -1.2M |
| EBITDA Margin % | -70.07% | -77.48% | -37.82% | -56.59% | -68.72% | -189.48% | -292.99% | -70.39% | 6.57% | 3.4% | 21.57% | 18.06% | 14.23% | 10.52% | -1.86% | -2.31% | -4.04% | 0.63% | -5.47% | -10.56% |
| EBITDA Growth % | -54.07% | 31.03% | 49.45% | 38.62% | -452.06% | -1753.09% | -289.66% | -263.89% | -58.28% | -71.15% | 1196.25% | 1103.56% | 678.8% | 4175.89% | 15.47% | 46.27% | 53.15% | 106.08% | 37.11% | 67.36% |
| D&A (Non-Cash Add-back) | 0 | 254.79K | 0 | 292.39K | 310.85K | 193.27K | 305.93K | 257.39K | 312.83K | 233.76K | 276.96K | 276.83K | 244.44K | 268.85K | 340.24K | 201.9K | 195.02K | 180.01K | 211.28K | 207.96K |
| EBIT | -11.2M | -12.8M | -7.06M | -6.8M | -7.52M | -19.89M | -14.17M | -10.22M | 1.77M | 866.25K | 7.14M | 6.21M | 4.71M | 3.54M | -1.06M | -287.88K | -1.08M | -90.84K | -421.12K | 1.88M |
| Net Interest Income | -881.91K | -1.07M | -424.67K | -272.3K | -62.53K | -270.22K | 70.72K | -116.72K | -132.58K | -117.05K | -130.34K | -156.27K | -192.33K | -493.56K | -691.53K | -604.07K | -169.65K | -2.88M | -606.2K | -200.73K |
| Interest Income | 0 | 37 | 0 | 7.01K | 56.9K | -78.14K | 183.54K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 630.58K | 1.9M |
| Interest Expense | 881.91K | 1.07M | 424.67K | 279.31K | 119.43K | 192.08K | 112.81K | 116.72K | 132.58K | 117.05K | 130.34K | 156.27K | 192.33K | 493.56K | 691.53K | 604.07K | 169.65K | 2.88M | 1.24M | 2.1M |
| Other Income/Expense | -851.67K | -1.07M | -539.16K | -272.3K | -55.39K | -1.71M | 1.02K | 537.86K | -116.43K | -102.48K | -78.44K | -145.55K | -159.3K | -203.82K | -743.96K | -44.41K | -194.83K | -6.75M | -651.42K | 1.2M |
| Pretax Income | -12.05M | -13.86M | -7.49M | -7.08M | -7.64M | -20.09M | -14.28M | -10.34M | 1.64M | 763.77K | 7.01M | 6.06M | 4.55M | 3.34M | -1.76M | -891.94K | -1.24M | -6.84M | -1.66M | -213.98K |
| Pretax Margin % | -75.39% | -85.64% | -40.09% | -61.49% | -72.18% | -209.29% | -299.38% | -68.53% | 5.2% | 2.36% | 20.53% | 16.88% | 13.07% | 9.22% | -4.86% | -3.18% | -5.89% | -48.35% | -11.4% | -1.88% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | -100K | 0 | 2.55M | 423K | -2.27M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0.5% | 0% | -24.64% | 25.86% | -296.56% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -12.05M | -13.86M | -7.49M | -7.08M | -7.64M | -19.81M | -14.28M | -12.87M | 1.22M | 3.02M | 7.08M | 5.97M | 4.55M | 3.04M | -1.54M | -973.04K | -1.21M | -6.84M | -1.66M | -213.98K |
| Net Margin % | -75.39% | -85.64% | -40.09% | -61.49% | -72.18% | -206.45% | -299.29% | -85.28% | 3.9% | 9.35% | 20.74% | 16.62% | 13.07% | 8.4% | -4.26% | -3.47% | -5.73% | -48.35% | -11.4% | -1.88% |
| Net Income Growth % | -57.84% | 30.03% | 47.54% | 44.95% | -723.48% | -755.77% | -301.51% | -315.65% | -73.06% | -0.77% | 559.96% | 713.13% | 475.01% | 144.49% | 7.1% | -354.74% | 74.82% | -150.06% | 33.74% | 91.18% |
| Net Income (Continuing) | -12.05M | -13.86M | -7.49M | -7.08M | -7.64M | -19.99M | -14.28M | -12.89M | 1.21M | 3.03M | 7.01M | 6.06M | 4.55M | 3.34M | -1.76M | -891.94K | -1.24M | -6.84M | -1.66M | -213.98K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -55.3K | -55.14K | -54.95K | -54.72K | -54.52K | -54.31K | 118.25K | 122.65K | 142.08K | 154.24K | 146.74K | 217.91K | 126.96K | 127.53K | -167.71K | 48.45K | -32.65K | 0 | 0 | 0 |
| EPS (Diluted) | -0.51 | -0.68 | -0.38 | -0.36 | -0.38 | -0.99 | -0.72 | -0.66 | 0.07 | 0.21 | 0.49 | 0.40 | 0.31 | 0.22 | -0.12 | -0.04 | -0.10 | -1.79 | -0.51 | -0.07 |
| EPS Growth % | -34.21% | 31.31% | 47.22% | 45.45% | -679.27% | -571.43% | -246.94% | -265% | -78.84% | -4.55% | 508.33% | 1192.9% | 410% | 112.29% | 76.47% | 47.19% | 94.59% | -54.31% | 53.21% | 93.92% |
| EPS (Basic) | -0.51 | -0.68 | -0.38 | -0.36 | -0.38 | -0.99 | -0.72 | -0.66 | 0.07 | 0.21 | 0.50 | 0.42 | 0.32 | 0.22 | -0.12 | -0.04 | -0.10 | -1.79 | -0.51 | -0.07 |
| Diluted Shares Outstanding | 23.7M | 20.09M | 19.84M | 19.89M | 20.07M | 20.07M | 19.69M | 19.43M | 18.68M | 14.4M | 14.51M | 15.08M | 14.54M | 14.12M | 12.44M | 12.27M | 12.06M | 3.82M | 3.26M | 3.09M |
| Basic Shares Outstanding | 23.7M | 20.09M | 19.84M | 19.89M | 20.07M | 20.07M | 19.69M | 19.43M | 17.69M | 14.4M | 14.29M | 14.19M | 14.13M | 14.12M | 12.44M | 12.16M | 12.06M | 3.82M | 3.26M | 3.09M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |