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SurgePays Reports Q2 2026 Revenue Growth of 40.7 % Year - Over - Year to $ 16.2 Million , Reports Positive Net Income of $ 1.29 Million August 14 , 2026 1:45 PM Surge Pays Reports Q2 2026 Revenue Growth of 40.7 % Year - Over - Year to $ 16.2 Million , Reports Positive Net Income of $ 1.29 Million First Half Revenue Grew 45.7 % to $ 32.19 Million While G & A Declined 9.3 % Sixth Consecutive Quarter of Sequential Revenue Growth ; Company Expects Continued Momentum in Q3 BARTLETT , Tenn . , Aug. 14 , 2026 ( GLOBE NEWSWIRE ) -- SurgePays , Inc. ( NASDAQ : SURG ) , a fintech and wireless company , today announced its financial results for the second quarter ended June 30 , 2026 . " 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 , " said Brian Cox , Chief Executive Officer of SurgePays . Q2 2026 Financial Highlights • Net income available to common stockholders was $ 1.29 million , 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 percent year over year . First half revenue of $ 32.19 million , up 45.7 percent year over year . • First half revenue grew 45.7 percent while first half G & A declined 9.3 percent . " Over the past 2 years we have actively built a diversified , multi - channel revenue architecture for our business to be supported by multiple independent revenue streams . Our internal models show we are still in the early growth stages of each channel , " continued Mr. Cox . " Q2 reflects the initial results of the platforms , integrations , and systems we have been building . 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 . " Subsequent Events On August 5 , 2026 , the Company announced the formation of Redline Wireless Group , LLC , a joint venture with one of the largest wireless master distribution organizations in the United States , encompassing an executed dealer agreement footprint of more than 20,000 active independent prepaid wireless dealers . The new venture is expected to be cash flow positive in its first months of operations . On August 11 , 2026 , the Company announced continued growth in its smartphone rent - to - own program with All Prepaid , LLC , dba LowWeekly Payments ( " LWP " ) . Retailer sales through the program reached approximately $ 176,000 in July , a 23 % increase over June sales of $ 142,725 . Based on this performance ,