📊 SURG Key Takeaways
Is SurgePays, Inc. (SURG) a Good Investment?
SurgePays exhibits fundamental insolvency with negative stockholders' equity of -$15.3M, severe operating losses generating -63.3% net margins, and critical liquidity constraints with a 0.38x current ratio. Quarterly cash burn of -$21.3M from operations combined with $13.3M in debt obligations creates an unsustainable financial position with only months of remaining cash runway.
Why Buy SurgePays, Inc. Stock? SURG Key Strengths
- Generates positive gross profit of $2.5M demonstrating core operational viability of products/services
- Maintains $1.7M in cash providing near-term liquidity buffer for operations
- Established presence in telecommunications sector with $57M in annual revenue
SURG Stock Risks: SurgePays, Inc. Investment Risks
- Negative stockholders' equity of -$15.3M indicates technical insolvency on consolidated basis
- Operating cash burn of -$21.3M quarterly is structurally unsustainable with measured cash runway in months
- Current ratio of 0.38x and quick ratio of 0.37x signal acute liquidity crisis and going concern risk
- Operating margin of -59.9% reflects inability to control operating expenses despite positive gross profit
- Debt service impossible from negative operating income; interest coverage ratio at -85.3x indicates default risk
Key Metrics to Watch
- Quarterly operating cash flow trend and monthly burn rate trajectory
- Stockholders' equity movement and debt restructuring announcements
- Gross margin stability and operating expense reduction progress
- Cash balance depletion rate and covenant compliance
- Revenue growth acceleration from current 0% YoY plateau
SurgePays, Inc. (SURG) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
SURG Profit Margin, ROE & Profitability Analysis
SURG vs Telecom Sector: How SurgePays, Inc. Compares
How SurgePays, Inc. compares to Telecom sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is SurgePays, Inc. Stock Overvalued? SURG Valuation Analysis 2026
Based on fundamental analysis, SurgePays, Inc. has mixed fundamental signals relative to the Telecom sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
SurgePays, Inc. Balance Sheet: SURG Debt, Cash & Liquidity
SURG Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: SurgePays, Inc.'s revenue has grown significantly by 12% over the 5-year period, indicating strong business expansion. The most recent EPS of $-2.39 indicates the company is currently unprofitable.
SURG Revenue Growth, EPS Growth & YoY Performance
SURG Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $4.8M | $1.2M | $-0.38 |
| Q2 2025 | $11.5M | $1.2M | $-0.36 |
| Q1 2025 | $10.6M | $1.2M | $0.07 |
| Q3 2024 | $4.8M | $1.2M | $0.49 |
| Q2 2024 | $15.1M | $1.2M | $0.40 |
| Q1 2024 | $31.4M | $1.2M | $0.07 |
| Q3 2023 | $34.2M | -$973.0K | $-0.12 |
| Q2 2023 | $28.0M | -$973.0K | $-0.08 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
SurgePays, Inc. Dividends, Buybacks & Capital Allocation
SURG SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for SurgePays, Inc. (CIK: 0001392694)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SURG
What is the AI rating for SURG?
SurgePays, Inc. (SURG) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SURG's key strengths?
Claude: Generates positive gross profit of $2.5M demonstrating core operational viability of products/services. Maintains $1.7M in cash providing near-term liquidity buffer for operations.
What are the risks of investing in SURG?
Claude: Negative stockholders' equity of -$15.3M indicates technical insolvency on consolidated basis. Operating cash burn of -$21.3M quarterly is structurally unsustainable with measured cash runway in months.
What is SURG's revenue and growth?
SurgePays, Inc. reported revenue of $57.0M.
Does SURG pay dividends?
SurgePays, Inc. does not currently pay dividends.
Where can I find SURG SEC filings?
Official SEC filings for SurgePays, Inc. (CIK: 0001392694) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SURG's EPS?
SurgePays, Inc. has a diluted EPS of $-1.80.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is SURG a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, SurgePays, Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is SURG stock overvalued or undervalued?
Valuation metrics for SURG: ROE of N/A (sector avg: 15%), net margin of -63.3% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.
Should I buy SURG stock in 2026?
Our dual AI analysis gives SurgePays, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is SURG's free cash flow?
SurgePays, Inc.'s operating cash flow is $-21.3M, with capital expenditures of $18.6K. FCF margin is -37.4%.
How does SURG compare to other Telecom stocks?
Vs Telecom sector averages: Net margin -63.3% (avg: 14%), ROE N/A (avg: 15%), current ratio 0.38 (avg: 1).