---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-024589"
form_type: "8-K"
ticker: "SURG"
cik: "0001392694"
company_name: "SurgePays, Inc."
filed_at: "2026-05-20T19:39:03+00:00"
generated_at: "2026-05-20T19:41:07.280228+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SurgePays Q1 revenue $16M (+51% YoY) driven by POS/prepaid up 71%; net loss $12.1M

## Summary
- Revenue ~$16M, up 51% YoY; point-of-sale and prepaid services segment grew 71%.
- Net loss available to common stockholders $12.1M vs $7.6M prior year; operating loss $11.2M.
- G&A expenses declined 25% to $3.5M; net cash used in operations improved to $4.6M from $7.0M.
- Wireless subscribers surpassed 200,000; entered multiyear commercial agreement with Alpha Modus (AMOD) post-quarter.
- Launched stored value/loyalty platform and Managed Marketing Services to monetize retail network.

## SEC filing metadata
- accession: 0001493152-26-024589
- form_type: 8-K
- ticker: SURG
- cik: 0001392694
- company_name: SurgePays, Inc.
- filed_at: 2026-05-20T19:39:03+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1392694/000149315226024589/0001493152-26-024589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1392694/000149315226024589/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-024589
- JSON: https://secwatch.observer/filing/0001493152-26-024589.json
- Plain text: https://secwatch.observer/filing/0001493152-26-024589.txt

## Key facts
- Earnings Releases
  SurgePays, Inc. reported the quarter ended March 31, 2026 results: revenue approximately $16.0 million, net income Net loss available to common stockholders totaled approximately $12.1 million.
  - Period: the quarter ended March 31, 2026
  - Revenue: approximately $16.0 million
  - Net income: Net loss available to common stockholders totaled approximately $12.1 million
  - Result: reported results
  source text: Act, except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- SurgePays Reports First Quarter 2026 Revenue of Approximately $16 Million, Up 51% Year-Over-Year Driven by Point of Sale and Prepaid Services Growth of 71% May 15, 2026 09:00 ET | Source: SurgePays, Inc. Cost discipline initiated in 2025 drove G&A
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392694/000149315226024589/0001493152-26-024589-index.htm

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