Every 10-Q that SURGE COMPONENTS INC (SPRS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SPRS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SPRS filings page.
Surge Components, Inc. reported nine-month net sales of $27,645,586 for the period ended August 31, 2026, up 4.6% from $26,422,494. Gross profit rose 6.1% to $8,037,984, while net income declined to $590,815 from $647,525. For the three months ended August 31, 2026, sales were $10,089,985, down 1.8% from $10,274,031, and net income was $220,532 versus $472,205 a year earlier.
Operating cash flow for the nine months ended August 31, 2026 was $703,533, compared with $184,801 a year earlier. At August 31, 2026, cash was $4,715,674, marketable securities were $9,514,350, working capital was $21,186,894, and the Credit Line balance was $0. Marketable securities consisted of U.S. Treasury bills and Treasury notes. The company said it believes working capital is adequate for operating requirements during the next twelve months. Tariff costs passed on to customers were $443,759, compared with $700,253 in the same period of 2025. Management cited tariffs, inflation, delayed customer approvals and product shortages as challenges, and said it was evaluating growth and expansion opportunities using company cash resources.
Surge Components, Inc. reported higher profitability for the six months ended May 31, 2026. Net sales were $17,555,601, up from $16,148,463, while gross profit rose to $5,298,732. Gross margin improved to 30.2% from 29.3%. Net income increased to $370,283 from $175,320, and three-month net income was $404,558 versus $117,964.
Selling and shipping expenses grew as the company added sales staff and higher commissions, while general and administrative costs declined slightly, helped by lower stock-based compensation. Other income reached $212,734, mainly from U.S. Treasury investments, and the effective tax rate was 28%.
Liquidity remains strong, with $5,231,528 in cash, $9,800,386 in marketable securities and working capital of $21,094,357. There were no borrowings on the $3,000,000 credit line, and lease liabilities totaled $1,072,122. The business continues to face customer and supplier concentration, tariffs, and global supply-chain and geopolitical risks, but management describes its outlook as cautiously optimistic.
Surge Components, Inc. reported higher sales but a small loss for the quarter ended February 28, 2026. Net sales rose 13.3% to $8,193,907, driven by growth from both new and existing customers. Gross profit increased 17.7% to $2,408,409, and gross margin improved to 29.4% from 28.3%, helped by higher-margin products and passing through some tariff costs.
Operating expenses grew faster than sales, with selling and shipping up 27.7% and general and administrative costs up 24.8%, reflecting added staff, commissions and higher public company expenses. The company swung to a net loss of $34,275 versus prior-year net income of $57,356. Cash flow from operations strengthened to $1,090,562, supporting cash of $6,448,930, marketable securities of $8,363,700 and working capital of $20,634,936, which management believes is sufficient for the next twelve months.
Surge Components (SPRS) filed its quarterly report, showing higher sales and steady profitability. Net sales for the nine months ended August 31, 2025 rose 18.1% to $26,422,494, while three-month sales reached $10,274,031. Gross profit for the nine months increased to $7,578,808, though gross margin eased to 28.7% from 29.2% as pricing pressure and customer rebates weighed on mix.
Net income for the nine months was $647,525, up from $570,290, with basic and diluted EPS at $0.11. For the quarter, net income was $472,205. Operating expenses rose, driven by $518,954 of stock-based compensation and higher salaries and professional costs. Investment income contributed $284,181 amid holdings in U.S. Treasury securities.
Liquidity remained solid with $4,275,802 in cash, $8,665,967 in marketable securities, and working capital of $20,185,771 as of August 31, 2025. The company reported no debt on its $3,000,000 credit line and noted customer concentration and tariff pass-throughs. Common shares outstanding were 5,706,732 as of October 11, 2025.