SurgePays, Inc. (NASDAQ: SURG), a fintech and wireless company, today announced its financial results for the second quarter ended June 30, 2026.
According to CEO Brian Cox, "Q2 2026 marks our return to GAAP profitability, with net income available to common stockholders of $1.29 million and strong revenue growth under our new multi-channel revenue structure. Revenue of $16.20 million was 40.7% above the same quarter a year ago, and first half 2026 revenue reached $32.19 million, a 45.7% increase over the first half of 2025.”
Net income available to common stockholders was $1.29 million in the second quarter, or positive earnings per common share EPS of $0.05 per share.
Operating income improved by $10.3 million year over year, moving from a $6.8 million operating loss in Q2 2025 to $3.5 million of operating income in Q2 2026.
Revenue of $16.20 million, up 40.7% year over year. First-half revenue of $32.19 million, up 45.7% year over year.
First-half revenue grew 45.7% while first half G&A declined 9.3%.
"Q2 reflects the initial results of the platforms, integrations, and systems we have been building,” Cox went on. “As we look to Q3 and the balance of 2026, we expect to benefit from our first full quarter under the renegotiated AT&T agreement, continued growth across each of our sales channels, and what we anticipate being our seventh consecutive quarter of sequential revenue growth."
SURG shares surged 12 cents, or 4.8%, to 36.51 cents.
Related Stories
