Q2 FY2026 EarningsQ2 FY26 results beat consensus on revenue and GAAP earnings, but the performance was driven by a non-recurring $8.5M contract settlement gain. Revenue of $16.2M exceeded the $13.8M expectation due to scaling in the Point-of-Sale (POS) segment, while GAAP EPS of $0.05 beat the -$0.11 estimate. However, underlying gross margin was -2.63%, significantly missing the 5.0% consensus, as MVNO losses widened. Despite the optical beat, a going concern warning and Nasdaq delisting risks underscore severe liquidity challenges.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: SurgePays(SURG) the Revenue is 16.2 M (+40.69%), Beat estimate;the EBIT is 3.452 M (+150.7%), Beat estimate;the EPS is 0.05 (+113.9%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.02B40.69%
0.01B19.81%
+0.00B20.88%
EBITExceed expectations
0.00B150.69%
-0.00B66.23%
+0.01B84.46%
EPSExceed expectations
0.05113.89%
-0.1169.44%
+0.160044.45%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf