---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-017083"
form_type: "8-K"
ticker: "SURG"
cik: "0001392694"
company_name: "SurgePays, Inc."
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:44:36.000370+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-017083
- form_type: 8-K
- ticker: SURG
- cik: 0001392694
- company_name: SurgePays, Inc.
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1392694/000149315226017083/0001493152-26-017083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1392694/000149315226017083/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-017083
- JSON: https://secwatch.observer/filing/0001493152-26-017083.json
- Plain text: https://secwatch.observer/filing/0001493152-26-017083.txt

## Key facts
- Earnings Releases
  SurgePays, Inc. reported financial results for year ended December 31, 2025.
  - Period: year ended December 31, 2025
  - Result: reported results
  source text: Revenue totaled approximately $57.0 million, compared to $60.9 million in 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392694/000149315226017083/0001493152-26-017083-index.htm
- Earnings Releases
  SurgePays, Inc. reported financial results for year ended December 31, 2025.
  - Period: year ended December 31, 2025
  - Result: reported results
  source text: On April 14, 2026, 2025, SurgePays, Inc. (the " Company ") issued a press release announcing its financial results for the year ended December 31, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392694/000149315226017083/0001493152-26-017083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.