SurgePays reports 51% revenue growth in first quarter

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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 9:00 AM EDT

Cost discipline initiated in 2025 drove G&A expenses down approximately 25%

Revenue growth was led by point of sale and prepaid services

Total wireless subscriber lines surpassed 200,000 across LinkUp Mobile and Torch Wireless

BARTLETT, Tenn., May 15, 2026 (GLOBE NEWSWIRE) -- SurgePays, Inc. (NASDAQ: SURG), a fintech and mobile virtual network operator serving the approximately 138 million subprime consumers in the United States, today reported its financial results for the quarter ended March 31, 2026.

The first quarter of 2026 is the quarter where the... More