Surge Components FY26 Q2 net income more than doubled to $404,558; net sales rise 5% to $9.4 million

SURGE COMPONENTS INC

SURGE COMPONENTS INC

SPRS

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  • Surge Components posted fiscal Q2 ended May 31, 2026 net income available to common shareholders of $404,558, with EPS of $0.07.
  • Net sales rose 5.0% to $9.4 million, while gross margin widened 0.7 percentage points to 30.9%.
  • Gross profit increased 7.5% to $2.9 million.
  • Management cited expanding distribution and subcontractor channels, continued European expansion, and hiring new engineering talent during the quarter.
  • Surge said it will pursue opportunities in the AI ecosystem, citing potential industry supply constraints and longer lead times.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Surge Components Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260713453330) on July 14, 2026, and is solely responsible for the information contained therein.