SurgePays FY2025 revenue $57.0M, operating loss improves to $30.7M; cash burn reduced

SurgePays, Inc.

Revenue $57.0M in FY2025, down from $60.9M in 2024 due to ACP wind-down.
Operating loss improved to $30.7M from $41.8M; gross loss improved to $10.6M from $14.3M.
G&A expenses reduced 28% to $20.1M; management estimates monthly cash burn of $250k-$300k post-Q1 2026.
LinkUp Mobile surpassed 100k subscriber lines; MVNO revenue $13.5M (24% of total).
New partnerships and platform launches (Alpha Modus, stored value/loyalty) to drive growth.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SurgePays, Inc. reported financial results for year ended December 31, 2025.

Period: year ended December 31, 2025
Result: reported results

Exact text from the filing

Revenue totaled approximately $57.0 million, compared to $60.9 million in 2024

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SurgePays, Inc. reported financial results for year ended December 31, 2025.

Period: year ended December 31, 2025
Result: reported results

Exact text from the filing

On April 14, 2026, 2025, SurgePays, Inc. (the " Company ") issued a press release announcing its financial results for the year ended December 31, 2025

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SurgePays, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-017083

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