Surgepays Inc (SURG)
NASDAQ:SURG
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Earnings Data
Report Date
May 18, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.38Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call mixed clear operational progress and cost discipline with material liquidity and transition risks. Highlights include demonstrated scalability (notably Q2->Q3 +62.6%), significant cost cuts (G&A and SG&A down ~27%), improved gross loss (~25.9%) and operating loss (~26.6%), strong point-of-sale/prepaid growth (+$26.1M YoY) and diversification across multiple revenue channels with a >9,000 location footprint. Lowlights include a full-year revenue decline (~6.4%), a Q3->Q4 sequential revenue decline (~13.4%) driven by reduced acquisition spend, low year-end cash (~$1.7M) and a working capital deficit (~$16.2M), substantial operating cash use (~$21.3M for 2025) and continued dependence on financing (~$10.5M raised). Management outlined actions to lower monthly burn to ~$250K–$300K and emphasized showing progress in 2026, leaving the call balanced between meaningful improvements and notable liquidity/execution risks.Company Guidance
Demonstrated scalability in 2025
Revenue progression showed Q1 $10.6M -> Q2 $11.5M (+8.5%) -> Q3 $18.7M (+62.6% vs Q2), proving the company can scale quickly when capital is deployed.
Meaningful cost reductions
Total G&A declined to approximately $20.1M from $27.5M in 2024 (‑26.9%). SG&A excluding depreciation and amortization declined to ~$19.2M from $26.3M (‑27.0%), reflecting cuts to compensation, professional services and contractors.
Improved gross and operating losses
Gross loss improved to ~$10.6M from $14.3M in 2024 (improvement of ~25.9%). Net loss from operations improved to ~$30.7M from $41.8M (improvement of ~26.6%).
Strong growth in point-of-sale and prepaid services
Point-of-sale and Prepaid Services segment increased by approximately $26.1M year-over-year, partially offsetting declines in subsidized/MVNO revenue and contributing higher-margin revenue mix.
Diversified revenue streams and distribution footprint
Company is no longer reliant on a single subsidized program — it now has multiple channels including subsidized wireless, LinkUp Mobile prepaid, wholesale MVNE relationships, and point-of-sale fintech/data. Retail distribution footprint exceeds 9,000 locations and ProgramBenefits.com provides an acquisition engine.
Reduced current monthly cash burn
Management estimates monthly cash burn at the end of Q1 2026 of approximately $250K–$300K, reflecting actions since year-end to lower operating expenses and improve efficiency.
SURG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SURG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 14, 2026 | $0.83 | $0.55 | -33.57% |
Nov 12, 2025 | $2.43 | $2.00 | -17.49% |
Aug 13, 2025 | $2.88 | $2.19 | -23.96% |
May 13, 2025 | $3.36 | $2.53 | -24.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Surgepays Inc (SURG) report earnings?
Surgepays Inc (SURG) is schdueled to report earning on May 18, 2026, TBA (Confirmed).
What is Surgepays Inc (SURG) earnings time?
Surgepays Inc (SURG) earnings time is at May 18, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is SURG EPS forecast?
Currently, no data Available