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Surge Components, Inc., together with its subsidiaries, supplies electronic products and components. It offers capacitors comprising electrical energy storage devices; and discrete components, such as semiconductor rectifiers, transistors, diodes, and circuit protection devices, as well as audible components comprising audible transducers, Piezo buzzers, speakers, and microphones. The company also provides buzzers, speakers, microphones, resonators, alarms, chimes, filters, and discriminators; and fuses, printed circuit boards, and switches. Its products are used in the electronic circuitry of various industries, including automotive, computer, communications, cellular telephones, consumer electronics, garage door openers, security equipment, audio equipment, telecom products, computer related products, power supply products, utility meters, and household appliances. The company sells its products to original equipment manufacturers and distributors through independent sales representatives or organizations. Surge Components, Inc. also exports its products to Canada, China, other Asian countries, South America, Europe, and Mexico. Surge Components, Inc. was incorporated in 1981 and is headquartered in Deer Park, New York.
Surge Components, Inc. Announces Second Quarter 2026 Results
Surge Components reported fiscal Q2 net sales of $9.4 million, up 5.0% year-over-year, driven by growth in new and existing customers as well as distribution channels.
Gross profit increased 7.5% to $2.9 million with margin expansion of 70 basis points to 30.9%, helping lift net income to $404,558 and EPS to $0.07.
Management highlighted continued expansion in European sales and the hiring of engineering talent, while noting plans to target opportunities in the AI ecosystem supply chain.