SurgePays annual free cash flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
SurgePays Free Cash Flow (FCF) History (SURG)
SurgePays reported −$21.3M in free cash flow for fiscal 2025, an increase of $517,050 from the previous fiscal year, with a free cash flow margin of −37.41%.
View full SurgePays company overviewSurgePays free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$21.3M | $517,050 | — | −37.41% |
| 2024 | 2024-12-31 | −$21.8M | −$31.8M | — | −35.85% |
| 2023 | 2023-12-31 | $10.0M | $9.2M | +1179.76% | +7.30% |
| 2022 | 2022-12-31 | $781,870 | $16.1M | — | +0.64% |
| 2021 | 2021-12-31 | −$15.3M | −$11.0M | — | −30.04% |
| 2020 | 2020-12-31 | −$4.3M | $2.4M | — | −7.96% |
| 2019 | 2019-12-31 | −$6.8M | −$5.4M | — | −26.26% |
| 2018 | 2018-12-31 | −$1.3M | −$1.4M | — | −8.84% |
| 2017 | 2017-12-31 | $80,802 | $725,679 | — | +0.60% |
| 2016 | 2016-12-31 | −$644,877 | −$410,624 | — | −19.56% |
| 2015 | 2015-12-31 | −$234,253 | — | — | −8.27% |
SurgePays quarterly free cash flow
Q1.18
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.25
Q2.25
Q3.25
Q4.25
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | −$3.6M | −$5.5M | — | −22.02% |
| Q3 2025 | 2025-09-30 | −$4.6M | −$12.8M | — | −24.87% |
| Q2 2025 | 2025-06-30 | −$6.1M | −$3.4M | — | −53.12% |
| Q1 2025 | 2025-03-31 | −$7.0M | −$9.7M | — | −66.01% |
| Q4 2023 | 2023-12-31 | $2.0M | −$2.8M | −58.72% | +6.06% |
| Q3 2023 | 2023-09-30 | $8.1M | $8.9M | — | +23.73% |
| Q2 2023 | 2023-06-30 | −$2.8M | −$2.9M | — | −7.71% |
| Q1 2023 | 2023-03-31 | $2.7M | $6.0M | — | +7.79% |
| Q4 2022 | 2022-12-31 | $4.7M | $12.9M | — | +13.09% |
| Q3 2022 | 2022-09-30 | −$804,760 | $1.5M | — | −2.22% |
| Q2 2022 | 2022-06-30 | $175,483 | $1.6M | — | +0.63% |
| Q1 2022 | 2022-03-31 | −$3.3M | $103,012 | — | −15.77% |
| Q4 2021 | 2021-12-31 | −$8.1M | −$7.2M | — | −57.53% |
| Q3 2021 | 2021-09-30 | −$2.3M | −$1.1M | — | −15.78% |
| Q2 2021 | 2021-06-30 | −$1.5M | −$275,958 | — | −12.86% |
| Q1 2021 | 2021-03-31 | −$3.4M | −$2.4M | — | −31.29% |
| Q4 2020 | 2020-12-31 | −$950,887 | −$930,078 | — | −8.41% |
| Q3 2020 | 2020-09-30 | −$1.1M | — | — | −8.97% |
| Q2 2020 | 2020-06-30 | −$1.2M | — | — | −8.18% |
| Q1 2020 | 2020-03-31 | −$1.0M | — | — | −6.63% |
| Q1 2018 | 2018-03-31 | −$20,809 | — | — | −0.61% |
SurgePays free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$4.3M to −$21.3M, a net decrease of $17.0M. SurgePays's latest reported quarter, Q4 2025, generated −$3.6M in free cash flow, a decrease of $5.5M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review SurgePays filings at SEC.gov ↗