Filing Flows › Surge Components (SPRS) › Q4 FY25
Surge Components (SPRS) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Feb 27, 2026
Surge Components (SPRS) reported revenue of $9.9M for the fourth quarter fiscal 2025 (Q4 FY25), +12% from a year earlier and -4% from the quarter before. Operating margin was 5.4%, net earnings $489K (4.9% of revenue).
Surge Components, Q4 FY25: revenue $9.9M (+12% year over year), operating margin 5.4%, net earnings $489K, operating cash flow $731K. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.9M | -4% | +12% |
| Gross profit | $2.9M | +1% | +21% |
| Operating profit | $537K | -18% | +58% |
| Net earnings | $489K | +4% | +92% |
| Operating cash flow | $731K | +635% | -16% |
| Free cash flow | $727K | +659% | -16% |
What changed
Revenue was $9.9M in Q4 FY25, up 12% year over year and down 4% from the previous quarter.
Gross margin was 29.1%, up 2.2 points from a year earlier. Operating profit was $537K, a 5.4% margin (up 1.6 points year over year). Of the extra revenue versus a year earlier, 19% reached operating profit, above the 4% margin then. Operating expenses grew 15% against revenue growth of 12%. The fastest-growing cost line was Sales & marketing (+20%). Net earnings were $489K, up 92% year over year. The effective tax rate was 19.8%.
Operating cash flow was $731K (down 16% year over year), 150% of net earnings. Non-cash charges added back $18K of depreciation and amortization and $19K of share-based compensation. Working capital and other items added $205K. Capital expenditures of $4K left free cash flow of $727K.
Questions
What was Surge Components' revenue in the fourth quarter fiscal 2025?
Surge Components (SPRS) reported revenue of $9.9M for the fourth quarter fiscal 2025 (Q4 FY25), +12% from a year earlier and -4% from the quarter before.
Was Surge Components profitable in the fourth quarter fiscal 2025?
Operating profit was $537K (5.4% of revenue) and net earnings $489K.
Source: Surge Components 10-K on SEC EDGAR.