The earnings call highlighted strong revenue growth, strategic partnerships, and significant subscriber growth, particularly in the Lifeline program. However, the company faced challenges such as continued losses and decreased cash reserves. Despite these challenges, the strategic initiatives and partnerships suggest a positive outlook.

Company Guidance -

Q3 2025

During the SurgePays 2025 Second Quarter Financial Results Conference Call, the company provided robust guidance, projecting revenue of $75 million to $90 million for 2025 and $225 million to $240 million for 2026. The guidance is underpinned by significant growth in their Lifeline wireless program, which activated 57,000 subscribers in July, with a projection of 80,000 to 90,000 activations by September. This growth trajectory is supported by strategic initiatives, including a multiyear agreement with AT&T, expanded retail distribution, and the launch of their LinkUp platform, which saw activations double to over 20,500 users in July. Furthermore, the company's prepaid top-up revenue has significantly increased, reaching $4.3 million in July with projections of nearly $5 million in August. The call emphasized their strategic focus on high-margin states for Lifeline activations and their powerful integration of technology and distribution to drive sustained growth.

Revenue Growth

Second quarter 2025 revenue increased by 8.9% sequentially, bringing total revenue for the first half of 2025 to approximately $22.1 million.

Strong Lifeline Subscriber Growth

Activation of 20,000 Lifeline subscribers in June, 57,000 in July, and a projection of 80,000 to 90,000 subscribers by September 2025.

AT&T Partnership

Completed a multiyear agreement with AT&T in November 2024 and fully integrated by April 1, 2025, enhancing network reliability and strategic positioning.

Prepaid Top-Up Revenue

Generated $4.3 million in top-up revenue in July and projected nearly $5 million in August 2025, with a run rate of over $60 million annually.

SG&A Expenses Reduction

SG&A expenses decreased by 45% year-over-year to $4.1 million during the second quarter of 2025.

SurgePays (SURG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SURG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q3)	-0.22 / -	-0.73	―	―	―
Aug 13, 2025	2025 (Q2)	-0.20 / -0.36	-0.66	45.45% (+0.30)	―
May 13, 2025	2025 (Q1)	-0.35 / -0.38	0.07	-642.86% (-0.45)	―
Mar 25, 2025	2024 (Q4)	-0.25 / -1.07	0.18	-694.44% (-1.25)	―
Nov 12, 2024	2024 (Q3)	-0.27 / -0.73	0.49	-248.98% (-1.22)	―
Aug 13, 2024	2024 (Q2)	-0.11 / -0.66	0.4	-265.00% (-1.06)	―
May 13, 2024	2024 (Q1)	0.15 / 0.07	0.31	-77.42% (-0.24)	―
Mar 12, 2024	2023 (Q4)	0.41 / 0.18	0.24	-25.00% (-0.06)	―
Nov 14, 2023	2023 (Q3)	0.28 / 0.49	-0.12	508.33% (+0.61)	―
Aug 10, 2023	2023 (Q2)	0.15 / 0.40	-0.07	671.43% (+0.47)	―

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
Aug 13, 2025	$2.88	$2.19	-23.96%
May 13, 2025	$3.36	$2.53	-24.70%
Mar 25, 2025	$1.38	$2.35	+70.29%
Nov 12, 2024	$1.70	$1.71	+0.59%

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 (SURG) report earnings?

SurgePays (SURG) is schdueled to report earning on Nov 18, 2025, TBA (Confirmed).

What is SurgePays (SURG) earnings time?

SurgePays (SURG) earnings time is at Nov 18, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SURG EPS forecast?

SURG EPS forecast for the fiscal quarter 2025 (Q3) is -0.22.

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