SurgePays reports Q1 2026 revenue of $16M, up 51% YoY

SurgePays reported first quarter 2026 revenue of approximately $16 million, a 51% year-over-year increase driven by 71% growth in point of sale and prepaid services, while G&A expenses declined 25%. The company surpassed 200,000 wireless subscriber lines and expanded wholesale distribution, demonstrating progress on its diversification strategy targeting subprime consumers.