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NASDAQ:SURG

SurgePays, Inc.

SurgePays, Inc.'s revenue fell 6.4% in fiscal 2025 to $57.0M while operating margin rose to −59.9%. Free cash flow was −$21.3M, −37.4% of revenue, and the diluted share count rose 5.1%.Summary generated from SurgePays, Inc.'s SEC filings. Latest annual report filed Apr 15, 2026.

Revenue (FY25)$57.0M
Revenue growth−6.4%
Revenue, 5-yr CAGR+0.9%
Gross margin−18.6%
Operating margin−59.9%
Net margin−63.3%
ROIC−1444.3%
Return on equityn/a
Debt / equityn/a
Free cash flow−$21.3M
FCF margin−37.4%
Share count change+5.1%

Financials

Fiscal years, $M
Item20212022202320242025
Revenue511221376157
Operating income−6119−43−34
Net income−14−121−46−36
Free cash flow−151n/a−22−21

Recent filings

From SEC EDGAR

Peers

Telephone communications (no radiotelephone)