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OTC · Industrials

SURGE COMPONENTS INC (SPRS)

As-reported financials and SEC filings for SURGE COMPONENTS INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About SURGE COMPONENTS INC

Surge Components Inc supplies electronic products and components, including capacitors and discrete components such as semiconductor rectifiers, transistors, and diodes. Its products are used in various electronic devices like automobiles, telecommunications, consumer electronics, and household appliances. The company serves original equipment manufacturers, distributors, and subcontractors, primarily sourcing products from independent manufacturers in Asia.

Snapshot

Revenue
$36.3M
Revenue growth (YoY)
16.4%
Net income
$1.1M
Diluted EPS
$0.20
Gross margin
28.8%
Operating margin
3.5%
Net margin
3.1%
FCF margin
2.2%
ROE
5.3%
net income / fiscal-year-end equity
P/E
18.0×
trailing when available, otherwise FY EPS
Market cap
$23.7M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended November 30, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Surge Components

  • Revenue grew 16.4% to $36M in FY2025, after a 14.0% decline the year before.
  • Operating margin is 3.5% in FY2025, -4.5 pp against 7.9% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $9M, up 5.0% from Q2 FY2025.
  • Free cash flow was $794197 in FY2025, 2.2% of revenue.
  • Net income rose 37.7% to $1M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Surge Components’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin28.8%
51st percentile of 466
Operating margin3.5%
42nd percentile of 605
Net margin3.1%
48th percentile of 645
FCF margin2.2%
38th percentile of 562
Revenue growth (YoY)+16.4%
78th percentile of 668
ROE5.3%
44th percentile of 600
P/E18.0×
33rd percentile of 434
Short interest1.00d
1st percentile of 676

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
95
settled 2026-08-14
Change vs prior
-67.6%
vs previous settlement
Days to cover
1.00
at avg daily volume
Avg daily volume
5.3K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1495-67.6%1.00
2026-07-31293-17.7%1.00
2026-07-15356+100.0%1.00
2026-04-3096-7.7%1.00
2026-04-15104-59.2%1.00
2026-03-31255+145.2%1.00
2026-03-13104+92.6%1.00
2026-02-27540.0%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$36.3M$31.2M$36.3M$51.9M$39.8M
Gross profit$10.5M$8.9M$9.9M$14.3M$10.9M
Operating income$1.3M$903,947$1.5M$4.7M$3.2M
Net income$1.1M$825,677$972,110$3.7M$2.5M
Diluted EPS$0.20$0.14$0.17$0.65$0.44

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$5.3M$5.6M$7.6M$8.7M$6.5M
Current assets$25.8M$24.0M$22.9M$22.8M$19.5M
Total assets$27.1M$25.4M$24.7M$24.6M$21.8M
Current liabilities$5.0M$5.1M$5.0M$6.0M$7.3M
Long-term debt
Total liabilities$5.7M$6.0M$6.1M$7.1M$8.6M
Total equity$21.4M$19.5M$18.6M$17.5M$13.2M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$916,147$1.8M$2.2M$2.2M$2.3M
Capital expenditure$121,950$10,991$43,368$48,351$194,909
Free cash flow$794,197$1.8M$2.1M$2.2M$2.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$9.4M5.0%$404,558$0.07
Q1 FY2026$8.2M13.3%$-34,275$-0.01
Q4 FY2025$9.9M11.9%$489,188$0.08
Q3 FY2025$10.3M28.9%$472,205$0.08
Q2 FY2025$8.9M21.4%$117,964$0.02
Q1 FY2025$7.2M2.5%$57,356$0.01
Q4 FY2024$8.8M10.1%$255,387$0.04
Q3 FY2024$8.0M-10.0%$444,352$0.08

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeOTC
SectorIndustrials
SIC industryWholesale-Electronic Parts & Equipment, NEC
Latest annual periodFY2025 (ended November 30, 2025)
Latest reported quarterQ2 FY2026 (ended May 31, 2026)
Oldest indexed filing1996
SEC CIK747540

Selected SEC filings

10-K2026-02-27
View on EDGAR →
10-K2025-02-28
View on EDGAR →
10-Q2026-07-14
View on EDGAR →
10-Q2026-04-14
View on EDGAR →
10-Q2025-10-15
View on EDGAR →
10-Q2025-07-14
View on EDGAR →
8-K2025-12-02
View on EDGAR →
8-K2024-11-27
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.