What is SPAR GROUP INC's earnings per share (EPS)?

SPAR GROUP INC (SGRP) reported diluted earnings per share of -$1.04 for fiscal year 2025. This represents a -700.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SPAR GROUP INC (SGRP) Financials

SGRP

Trailing 12 months to June 30, 2026

Revenue $130.9M -8.8% YoY

Net Income -$25.2M -408.5% YoY

EPS (Diluted) -$1.06 -360.9% YoY

Free Cash Flow -$18.3M -30.2% YoY

Market Cap $19.3M as of Oct 7, 2026

Price / Sales 0.1x on $130.9M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 6.0x on $3.2M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 13, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SGRP SEC filings page.

SPAR GROUP INC (SGRP) reported $130.9M in revenue over the twelve months to Jun 30, 2026, down 8.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SGRP FY2025 2026-10-04

Revenue contraction and margin compression have turned a lightly leveraged operator into a cash-consuming business with almost no equity cushion.

Earlier, net income of $4.8M converted into operating cash flow of $6.8M. By the latest period, a net loss of $24.6M coincided with operating cash flow of -$18.4M, showing the deterioration reached cash rather than remaining an accounting-only change.

Gross margin was 15.9% in the latest period, leaving less gross profit to absorb overhead. Its decline from the earlier 23.7% margin alongside lower revenue indicates the business faced both reduced activity and weaker economics per dollar, not just fewer sales.

Total assets fell from $90.3M to $44.1M across the comparison, while equity reached just $622K in the latest period. With debt-to-equity at 2.1x and current ratio at 0.8x, the balance sheet now combines heavier leverage with current liabilities exceeding current assets; reported liquidity equaled 2.1 months of annual operating outflow.

Financial Health Signals

Financial health score pending refresh

We are recalculating SPAR GROUP INC's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Distress

1.37

SPAR GROUP INC scores 1.37, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Weak

3/9

SPAR GROUP INC passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

N/A

SPAR GROUP INC reported a net loss of $24.6M while operations used $18.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

SPAR GROUP INC reported an operating loss of $16.9M against $2.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$36.9M

YoY-4.5%

QoQ+20.9%

5Y CAGR-11.3%

10Y CAGR+2.2%

SPAR GROUP INC generated $36.9M in revenue in Q2 2026. This represents a decrease of 4.5% from the same quarter a year earlier. Against the prior quarter it is up 20.9%.

EBITDA

$1.6M

YoY+45.6%

QoQ+346.2%

5Y CAGR-7.5%

10Y CAGR+2.7%

SPAR GROUP INC's EBITDA was $1.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 45.6% from the same quarter a year earlier. Against the prior quarter it is up 346.2%.

Net Income

$409K

YoY+41000.0%

QoQ+174.0%

5Y CAGR-4.5%

10Y CAGR+3.8%

SPAR GROUP INC reported $409K in net income in Q2 2026. This represents an increase of 41000.0% from the same quarter a year earlier. Against the prior quarter it is up 174.0%.

EPS (Diluted)

$0.02

QoQ+200.0%

SPAR GROUP INC earned $0.02 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 200.0%.

Cash & Balance Sheet

Free Cash Flow

-$5.3M

YoY+35.9%

QoQ-20.2%

SPAR GROUP INC recorded an outflow of $5.3M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 35.9% from the same quarter a year earlier. Against the prior quarter it is down 20.2%.

Cash & Debt

$2.9M

YoY-78.8%

QoQ-31.6%

5Y CAGR-29.3%

10Y CAGR-5.2%

SPAR GROUP INC held $2.9M in cash against $3.6M in long-term debt as of Q2 2026, with $42.0M of liabilities due within a year.

Shares Outstanding

28M

YoY+20.9%

QoQ+13.0%

5Y CAGR+5.9%

10Y CAGR+3.3%

SPAR GROUP INC had 28M shares outstanding in Q2 2026. This represents an increase of 20.9% from the same quarter a year earlier. Against the prior quarter it is up 13.0%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

22.8%

YoY-0.7pp

QoQ+0.5pp

5Y change+4.9pp

10Y change-0.9pp

SPAR GROUP INC's gross margin was 22.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.5 percentage points.

Operating Margin

3.3%

YoY+1.4pp

QoQ+3.4pp

5Y change+0.5pp

10Y change+0.7pp

SPAR GROUP INC's operating margin was 3.3% in Q2 2026, reflecting core business profitability. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.4 percentage points.

Net Margin

1.1%

YoY+1.1pp

QoQ+2.9pp

5Y change+0.3pp

10Y change+0.2pp

SPAR GROUP INC's net profit margin was 1.1% in Q2 2026, showing the share of revenue converted to profit. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.9 percentage points.

Return on Equity

12.7%

YoY+12.7pp

QoQ+949.9pp

5Y change+10.5pp

10Y change+11.2pp

SPAR GROUP INC's ROE was 12.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 12.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 949.9 percentage points.

Capital Allocation

Capital Expenditures

$532K

YoY+22.6%

QoQ+5.8%

5Y CAGR-0.9%

10Y CAGR+4.0%

SPAR GROUP INC invested $532K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 22.6% from the same quarter a year earlier. Against the prior quarter it is up 5.8%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

SGRP Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SGRP quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$130.9M	$136.1M-16.8%	$163.6M-12.9%	$187.9M-28.1%	$261.3M+2.2%	$255.7M+10.9%	$230.5M-8.8%	$252.9M+10.3%	$229.2M+26.4%	$181.4M+35.0%	$134.3M+12.6%	$119.3M-2.2%	$122.0M+9.0%	$112.0M+13.6%	$98.6M+34.0%	$73.5M
Cost of Revenue	$110.3M	$114.4M-12.0%	$130.0M-5.9%	$138.2M-31.4%	$201.5M+0.3%	$200.8M+8.3%	$185.3M-9.0%	$203.6M+10.1%	$184.9M+27.9%	$144.6M+38.0%	$104.8M+16.4%	$90.0M-1.8%	$91.7M+8.7%	$84.4M+16.9%	$72.2M+41.4%	$51.0M
Gross Profit	$20.6M	$21.7M-35.4%	$33.6M-24.4%	$44.4M-12.9%	$51.0M+7.3%	$47.5M+5.2%	$45.2M-8.2%	$49.3M+11.2%	$44.3M+20.4%	$36.8M+24.5%	$29.5M+1.0%	$29.3M-3.6%	$30.4M+10.0%	$27.6M+4.6%	$26.4M+17.3%	$22.5M
SG&A Expenses	$31.4M	$32.2M-5.0%	$33.9M-7.5%	$36.6M-11.0%	$41.1M+11.8%	$36.8M+10.3%	$33.3M-9.6%	$36.9M-4.1%	$38.4M+25.8%	$30.6M+21.1%	$25.2M+4.8%	$24.1M-4.8%	$25.3M+9.1%	$23.2M+8.9%	$21.3M+14.9%	$18.5M
Operating Income	-$17.5M	-$16.9M-2514.7%	$700K-87.4%	$5.6M+3.5%	$5.4M+28.8%	$4.2M-57.0%	$9.7M-4.6%	$10.2M+173.3%	$3.7M-8.8%	$4.1M+85.7%	$2.2M-32.6%	$3.3M-0.7%	$3.3M+13.3%	$2.9M-25.9%	$3.9M+35.8%	$2.9M
EBITDA	N/A	-$15.3M-777.7%	$2.3M-69.6%	$7.4M-0.2%	$7.4M+18.4%	$6.3M-47.1%	$11.9M-4.3%	$12.4M+112.1%	$5.8M-6.1%	$6.2M+44.5%	$4.3M-16.8%	$5.2M+2.5%	$5.0M+14.6%	$4.4M-13.3%	$5.1M+28.4%	$4.0M
Interest Expense	$2.5M	$2.4M+10.2%	$2.2M-1.8%	$2.2M+131.2%	$965K+65.0%	$585K-15.2%	$690K-34.0%	$1.0M-4.5%	$1.1M+224.9%	$337K+153.4%	$133K-37.9%	$214K+35.4%	$158K-7.6%	$171K+34.6%	$127K-35.5%	$197K
Income Tax	$4.0M	$4.1M+2728.5%	$144K-77.8%	$648K-76.7%	$2.8M+31.7%	$2.1M+575.6%	$312K-91.3%	$3.6M+155.2%	$1.4M-52.9%	$3.0M+575.1%	$441K-46.2%	$819K+186.4%	-$948K+15.2%	-$1.1M-343.6%	$459K+26.8%	$362K
Net Income	-$25.2M	-$24.6M-816.5%	-$2.7M-156.3%	$4.8M+124.6%	$2.1M+6.3%	$2.0M-40.6%	$3.4M+39.2%	$2.4M+256.0%	-$1.6M-68.0%	-$923K-633.5%	$173K-80.6%	$892K-72.7%	$3.3M-23.1%	$4.2M+23.1%	$3.5M+47.7%	$2.3M
EPS (Basic)	N/A	-$1.04-700.0%	-$0.13-176.5%	$0.17+666.7%	-$0.03+62.5%	-$0.08-150.0%	$0.16+33.3%	$0.12+271.4%	-$0.07-75.0%	-$0.04-500.0%	$0.01-75.0%	$0.04-75.0%	$0.160.0%	$0.16+14.3%	$0.14+27.3%	$0.11
EPS (Diluted)	-$1.06	-$1.04-700.0%	-$0.13-181.3%	$0.16+633.3%	-$0.03+62.5%	-$0.08-150.0%	$0.16+45.5%	$0.11+257.1%	-$0.07-75.0%	-$0.04-500.0%	$0.01-75.0%	$0.04-73.3%	$0.150.0%	$0.15+7.1%	$0.14+40.0%	$0.10
Diluted Shares (Avg)	N/A	24M+0.3%	24M-3.7%	24M+10.6%	22M+4.0%	21M+0.5%	21M0.0%	21M+2.3%	21M+0.3%	21M-3.2%	21M-1.2%	22M-1.2%	22M+0.4%	22M+0.6%	22M+1.3%	21M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$36.9M-4.5%	$30.5M-10.3%	$22.0M-33.4%	$41.4M+9.6%	$38.6M-11.0%	$34.0M-31.1%	$33.0M+14.5%	$37.8M-22.4%
Cost of Revenue	$28.5M-3.6%	$23.7M-11.4%	$24.4M-8.3%	$33.7M+14.9%	$29.6M-14.1%	$26.8M-32.6%	$26.6M+39.7%	$29.3M-19.5%
Gross Profit	$8.4M-7.2%	$6.8M-6.4%	-$2.3M-136.0%	$7.7M-8.9%	$9.1M+1.1%	$7.3M-25.1%	$6.5M-31.5%	$8.4M-20.7%
SG&A Expenses	$6.8M-14.7%	$6.2M+5.6%	$9.2M-3.4%	$9.2M+7.3%	$7.9M-1.7%	$5.9M-24.0%	$9.5M+18.7%	$8.6M-8.4%
Operating Income	$1.2M+69.1%	-$42K-104.1%	-$12.7M-132.6%	-$5.9M-286.9%	$715K+174.0%	$1.0M-88.1%	-$5.5M-919.6%	-$1.5M-291.3%
EBITDA	$1.6M+45.6%	$368K-73.8%	-$12.3M-131.7%	-$5.5M-412.5%	$1.1M+319.0%	$1.4M-84.7%	-$5.3M-622.4%	-$1.1M-183.0%
Interest Expense	$642K+9.0%	$499K+6.4%	$694K+27.6%	$663K+13.9%	$589K-0.2%	$469K-1.3%	$544K	$582K
Income Tax	$112K-6.7%	$28K-75.4%	$2.1M+1518.3%	$1.7M+174.3%	$120K-87.2%	$114K-91.8%	$131K+110.9%	-$2.3M-496.9%
Net Income	$409K+41000.0%	-$553K-219.7%	-$16.3M-211.4%	-$8.8M-4715.4%	-$1K+100.0%	$462K-93.0%	-$5.2M-274.0%	-$182K-170.3%
EPS (Basic)	$0.02	-$0.02-200.0%	-$0.69-187.5%	-$0.37-3600.0%	$0.00+100.0%	$0.02-92.9%	-$0.24-366.7%	-$0.01-200.0%
EPS (Diluted)	$0.02	-$0.02-200.0%	-$0.69-187.5%	-$0.37-3600.0%	$0.00+100.0%	$0.02-92.9%	-$0.24	-$0.01-200.0%
Diluted Shares (Avg)	26M+11.7%	24M+2.5%	N/A	24M+1.1%	23M-2.1%	24M-1.9%	N/A	23M+0.3%

Not reported in any period shown, so not listed: R&D Expenses.

SGRP Balance Sheet

SGRP quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$44.1M-21.9%	$56.4M-37.5%	$90.3M-4.6%	$94.6M+6.3%	$89.0M+5.9%	$84.0M+5.7%	$79.5M+15.1%	$69.1M+19.2%	$58.0M+5.7%	$54.9M+26.4%	$43.4M-2.6%	$44.6M+30.0%	$34.3M+17.1%	$29.3M+36.0%	$21.5M
Current Assets	$31.4M-31.7%	$46.0M-39.6%	$76.1M-5.9%	$80.9M+12.3%	$72.0M+8.3%	$66.5M+7.0%	$62.2M+12.7%	$55.1M+17.7%	$46.8M+10.7%	$42.3M+40.5%	$30.1M-5.8%	$32.0M+24.6%	$25.6M+6.9%	$24.0M+33.6%	$18.0M
Cash & Equivalents	$3.3M-82.1%	$18.2M+305.7%	$4.5M-51.9%	$9.3M-30.6%	$13.5M-15.6%	$16.0M+52.7%	$10.5M+47.1%	$7.1M-19.4%	$8.8M+20.5%	$7.3M+28.1%	$5.7M+30.5%	$4.4M+55.7%	$2.8M+57.0%	$1.8M+5.1%	$1.7M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$27.0M+9.0%	$24.8M-42.5%	$43.1M-32.3%	$63.7M+17.6%	$54.2M+15.5%	$46.9M-4.8%	$49.3M+6.8%	$46.1M+28.3%	$36.0M+6.8%	$33.7M+45.1%	$23.2M-11.6%	$26.2M+20.8%	$21.7M+1.5%	$21.4M+38.5%	$15.5M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$856K0.0%	$856K-33.8%	$1.3M-24.2%	$1.7M-59.0%	$4.2M+10.8%	$3.8M-0.6%	$3.8M-0.1%	$3.8M+106.3%	$1.8M-0.6%	$1.8M+2.6%	$1.8M0.0%	$1.8M0.0%	$1.8M+0.4%	$1.8M+56.1%	$1.1M
Total Liabilities	$43.4M+35.2%	$32.1M-35.8%	$50.0M-11.5%	$56.5M+9.4%	$51.7M+13.8%	$45.4M-5.7%	$48.2M+8.7%	$44.3M+36.7%	$32.4M+8.9%	$29.8M+56.6%	$19.0M-11.0%	$21.4M+35.9%	$15.7M+8.2%	$14.5M+30.9%	$11.1M
Current Liabilities	$37.7M+25.5%	$30.1M-38.1%	$48.6M-11.0%	$54.6M+8.7%	$50.2M+17.0%	$42.9M-4.1%	$44.8M+5.3%	$42.5M+31.5%	$32.3M+8.6%	$29.8M+124.2%	$13.3M-14.4%	$15.5M-0.8%	$15.6M+9.6%	$14.3M+32.4%	$10.8M
Non-Current Liabilities	$5.7M+175.3%	$2.1M+41.2%	$1.5M-25.8%	$2.0M+35.6%	$1.5M-41.6%	$2.5M-26.8%	$3.4M+89.4%	$1.8M+1587.9%	$107K+2575.0%	$4K-99.9%	$5.7M-2.1%	$5.9M+59.4%	$3.7M+1270.1%	$268K-19.8%	$334K
Long-Term Debt	$1.3M-25.4%	$1.7M+455.5%	$310K-77.5%	$1.4M+96.6%	$700K-30.0%	$1.0M-23.1%	$1.3M-28.0%	$1.8M+1587.9%	$107K+2575.0%	$4K-99.9%	$5.7M-2.1%	$5.9M+6708.1%	$86K	N/A	N/A
Total Equity	$622K-97.4%	$24.3M-13.9%	$28.2M+25.9%	$22.4M+13.5%	$19.8M-10.9%	$22.2M+16.9%	$19.0M+16.3%	$16.3M-17.1%	$19.6M-0.1%	$19.7M+5.2%	$18.7M-0.3%	$18.8M+18.6%	$15.8M+23.2%	$12.8M+37.4%	$9.3M
Retained Earnings	-$17.2M-330.2%	$7.5M-29.7%	$10.6M+58.2%	$6.7M-9.8%	$7.4M-19.3%	$9.2M+57.5%	$5.9M+70.5%	$3.4M-31.0%	$5.0M-14.7%	$5.8M+3.1%	$5.7M+18.7%	$4.8M+188.4%	$1.7M+197.5%	-$1.7M+63.3%	-$4.6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$53.0M-26.0%	$51.0M-27.3%	$44.1M-21.9%	$61.7M-8.5%	$71.6M+2.2%	$70.2M-32.9%	$56.4M-37.5%	$67.4M-28.3%
Current Assets	$40.6M-32.9%	$38.8M-34.3%	$31.4M-31.7%	$51.9M-14.2%	$60.6M-2.0%	$59.1M-36.6%	$46.0M-39.6%	$60.5M-24.2%
Cash & Equivalents	$2.9M-78.8%	$4.3M-76.0%	$3.3M-82.1%	$8.2M-58.2%	$13.9M-35.8%	$17.9M+7.9%	$18.2M+305.7%	$19.7M+302.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$35.2M-20.7%	$33.9M-11.4%	$27.0M+9.0%	$41.3M+9.5%	$44.4M+16.9%	$38.2M-44.4%	$24.8M-42.5%	$37.8M-42.5%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$856K0.0%	$856K0.0%	$856K0.0%	$856K-30.9%	$856K-30.9%	$856K-9.1%	$856K-33.8%	$1.2M-27.7%
Total Liabilities	$49.7M+6.6%	$51.0M+12.1%	$43.4M+35.2%	$45.1M+19.1%	$46.7M+18.7%	$45.5M-29.5%	$32.1M-35.8%	$37.9M-30.2%
Current Liabilities	$42.0M-5.8%	$44.2M+1.9%	$37.7M+25.5%	$43.4M+26.6%	$44.6M+20.8%	$43.4M-21.1%	$30.1M-38.1%	$34.3M-34.4%
Non-Current Liabilities	$7.7M+276.0%	$6.7M+228.1%	$5.7M+175.3%	$1.7M-53.5%	$2.0M-14.0%	$2.1M-78.2%	$2.1M+41.2%	$3.6M+78.8%
Long-Term Debt	$3.6M+104.0%	$2.7M+56.7%	$1.3M-25.4%	$1.1M-26.4%	$1.8M+2.5%	$1.7M-79.0%	$1.7M+455.5%	$1.5M+66.8%
Total Equity	$3.2M-87.0%	$59K-99.8%	$622K-97.4%	$16.6M-43.4%	$24.9M-15.3%	$24.7M-25.0%	$24.3M-13.9%	$29.3M+19.7%
Retained Earnings	-$17.3M-318.6%	-$17.7M-323.7%	-$17.2M-330.2%	-$844K-106.8%	$7.9M-37.3%	$7.9M-52.1%	$7.5M-29.7%	$12.5M+47.0%

Not reported in any period shown, so not listed: Inventory.

SGRP Cash Flow Statement

SGRP quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$15.2M	-$18.4M-2673.4%	-$665K-109.7%	$6.8M+235.2%	-$5.0M-291.9%	$2.6M-70.1%	$8.8M+43.2%	$6.1M+199.9%	$2.0M-69.7%	$6.8M+404.2%	$1.3M-72.5%	$4.9M+133.2%	$2.1M-27.1%	$2.9M-10.4%	$3.2M-9.1%	$3.5M
Depreciation & Amortization	N/A	$1.6M+5.2%	$1.6M-15.0%	$1.8M-10.1%	$2.0M-2.4%	$2.1M-2.2%	$2.1M-2.7%	$2.2M+3.8%	$2.1M-0.8%	$2.1M+1.2%	$2.1M+10.2%	$1.9M+8.7%	$1.8M+17.2%	$1.5M+29.3%	$1.2M+8.2%	$1.1M
Stock-Based Compensation	N/A	$140K+2.2%	$137K-53.9%	$297K-14.2%	$346K-51.3%	$711K+422.8%	$136K-42.1%	$235K+26.3%	$186K-17.3%	$225K-31.6%	$329K-24.2%	$434K-33.7%	$655K+21.7%	$538K+4.1%	$517K+23.1%	$420K
Capital Expenditures	$3.1M	$3.0M+163.8%	$1.1M-5.4%	$1.2M-33.6%	$1.8M+4.4%	$1.7M+7.6%	$1.6M+16.1%	$1.4M-15.0%	$1.6M+12.0%	$1.4M-6.9%	$1.6M-1.3%	$1.6M+18.8%	$1.3M+2.1%	$1.3M+30.2%	$998K+23.2%	$810K
Free Cash Flow	-$18.3M	-$21.4M-1094.0%	-$1.8M-131.9%	$5.6M+182.3%	-$6.8M-854.2%	$907K-87.4%	$7.2M+51.0%	$4.8M+1014.3%	$428K-92.0%	$5.3M+2611.3%	-$212K-106.4%	$3.3M+330.0%	$771K-51.2%	$1.6M-28.7%	$2.2M-18.7%	$2.7M
Investing Cash Flow	-$1.1M	-$1.1M-110.7%	$9.9M+535.5%	-$2.3M-26.3%	-$1.8M-4.4%	-$1.7M-7.6%	-$1.6M-16.1%	-$1.4M-61.2%	-$855K+41.0%	-$1.4M+26.0%	-$2.0M-24.2%	-$1.6M+7.4%	-$1.7M+32.9%	-$2.5M-106.8%	-$1.2M+2.1%	-$1.3M
Financing Cash Flow	$5.4M	$4.5M+373.3%	-$1.7M+45.2%	-$3.0M-186.6%	$3.5M+163.1%	$1.3M+912.2%	$131K+106.6%	-$2.0M-1080.6%	$201K+103.9%	-$5.1M-250.6%	$3.4M+617.3%	-$659K-143.2%	$1.5M+24.5%	$1.2M+173.2%	-$1.7M-12.7%	-$1.5M
Share Buybacks	N/A	$0-100.0%	$1.8M	$0-100.0%	$181K	$0	N/A	N/A	N/A	$121K+908.3%	$12K-89.0%	$109K-35.5%	$169K-56.9%	$392K+1020.0%	$35K	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$4.8M+39.1%	-$3.9M+3.1%	-$2.5M-3916.9%	-$4.1M-351.3%	-$7.9M-1665.4%	-$4.0M-757.6%	$65K-98.7%	-$900K+82.4%
Depreciation & Amortization	$433K+4.8%	$410K+11.7%	$449K+159.5%	$404K-11.0%	$413K-8.4%	$367K-22.7%	$173K-31.6%	$454K-8.7%
Stock-Based Compensation	N/A	$0-100.0%	N/A	N/A	N/A	$27K-78.9%	N/A	N/A
Capital Expenditures	$532K+22.6%	$503K-4.2%	$1.4M+525.1%	$575K+352.8%	$434K+27.6%	$525K+21.8%	$231K+47.1%	$127K-63.0%
Free Cash Flow	-$5.3M+35.9%	-$4.4M+3.2%	-$3.9M-2264.5%	-$4.6M-351.5%	-$8.3M-956.1%	-$4.6M-2583.2%	-$166K-103.3%	-$1.0M+81.1%
Investing Cash Flow	-$532K-22.6%	-$503K+4.2%	$474K+34.3%	-$575K+59.9%	-$434K-103.7%	-$525K+40.2%	$353K+129.8%	-$1.4M-291.8%
Financing Cash Flow	$3.9M-7.9%	$5.5M+28.6%	-$2.9M-57.7%	-$1.1M-438.2%	$4.3M+166.0%	$4.3M-32.4%	-$1.9M-24.1%	$319K-88.7%
Share Buybacks	N/A	N/A	$0	$0	N/A	N/A	$0	$0

Not reported in any period shown, so not listed: Dividends Paid.

SGRP Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SGRP quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	15.9%-4.6pp	20.5%-3.1pp	23.6%+4.1pp	19.5%+0.9pp	18.6%-1.0pp	19.6%+0.1pp	19.5%+0.2pp	19.3%-1.0pp	20.3%-1.7pp	22.0%-2.5pp	24.5%-0.3pp	24.9%+0.2pp	24.6%-2.1pp	26.8%-3.8pp	30.6%
Operating Margin	-12.4%-12.8pp	0.4%-2.5pp	3.0%+0.9pp	2.1%+0.4pp	1.6%-2.6pp	4.2%+0.2pp	4.0%+2.4pp	1.6%-0.6pp	2.3%+0.6pp	1.6%-1.1pp	2.7%0.0pp	2.7%+0.1pp	2.6%-1.4pp	4.0%+0.1pp	3.9%
Net Margin	-18.1%-16.4pp	-1.6%-4.2pp	2.5%+1.7pp	0.8%0.0pp	0.8%-0.7pp	1.5%+0.5pp	1.0%+1.6pp	-0.7%-0.2pp	-0.5%-0.6pp	0.1%-0.6pp	0.8%-1.9pp	2.7%-1.1pp	3.8%+0.3pp	3.5%+0.3pp	3.2%
Return on Equity	-3959.2%-3948.1pp	-11.1%-28.0pp	16.9%+7.4pp	9.5%-0.7pp	10.1%-5.1pp	15.2%+2.4pp	12.8%+22.3pp	-9.5%-4.8pp	-4.7%-5.6pp	0.9%-3.9pp	4.8%-12.7pp	17.4%-9.4pp	26.9%0.0pp	26.9%+1.9pp	25.0%
Return on Assets	-55.9%-51.1pp	-4.8%-10.1pp	5.3%+3.0pp	2.3%0.0pp	2.3%-1.8pp	4.0%+1.0pp	3.0%+5.3pp	-2.2%-0.6pp	-1.6%-1.9pp	0.3%-1.7pp	2.1%-5.3pp	7.3%-5.1pp	12.4%+0.6pp	11.8%+0.9pp	10.9%
Current Ratio	0.83-0.7x	1.530.0x	1.57+0.1x	1.480.0x	1.43-0.1x	1.55+0.2x	1.39+0.1x	1.30-0.2x	1.450.0x	1.42-0.8x	2.27+0.2x	2.06+0.4x	1.640.0x	1.680.0x	1.67
Debt-to-Equity	2.06+2.0x	0.07+0.1x	0.01-0.1x	0.060.0x	0.040.0x	0.050.0x	0.070.0x	0.11+0.1x	0.010.0x	0.00-0.3x	0.310.0x	0.31+0.3x	0.01-1.1x	1.13-0.1x	1.19
Asset Turnover	3.09+0.2x	2.90+0.8x	2.08-0.7x	2.76-0.1x	2.87+0.1x	2.74-0.4x	3.18-0.1x	3.32+0.2x	3.13+0.7x	2.45-0.3x	2.750.0x	2.74-0.5x	3.27-0.1x	3.370.0x	3.42
FCF Margin	-15.7%-14.6pp	-1.1%-4.1pp	3.0%+5.6pp	-2.6%-3.0pp	0.4%-2.8pp	3.1%+1.2pp	1.9%+1.7pp	0.2%-2.8pp	2.9%+3.1pp	-0.2%-2.9pp	2.8%+2.1pp	0.6%-0.8pp	1.4%-0.8pp	2.3%-1.5pp	3.7%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	22.8%-0.7pp	22.3%+1.0pp	-10.6%-30.2pp	18.6%-3.8pp	23.5%+2.8pp	21.4%+1.7pp	19.6%-13.2pp	22.3%+0.5pp
Operating Margin	3.3%+1.4pp	-0.1%-3.2pp	-57.8%-41.3pp	-14.3%-10.2pp	1.8%+4.1pp	3.0%-14.5pp	-16.6%-18.9pp	-4.0%-5.7pp
Net Margin	1.1%+1.1pp	-1.8%-3.2pp	-74.1%-58.3pp	-21.2%-20.7pp	0.0%+9.0pp	1.4%-12.1pp	-15.9%-26.3pp	-0.5%-1.0pp
Return on Equity	12.7%+12.7pp	-937.3%-939.2pp	-2624.3%-2602.7pp	-52.8%-52.2pp	0.0%+13.2pp	1.9%-18.2pp	-21.6%-32.2pp	-0.6%-1.7pp
Return on Assets	0.8%+0.8pp	-1.1%-1.7pp	-37.0%-27.8pp	-14.2%-13.9pp	0.0%+5.6pp	0.7%-5.7pp	-9.3%-12.6pp	-0.3%-0.5pp
Current Ratio	0.97-0.4x	0.88-0.5x	0.83-0.7x	1.20-0.6x	1.36-0.3x	1.36-0.3x	1.530.0x	1.77+0.2x
Debt-to-Equity	1.11+1.0x	46.15+46.1x	2.06+2.0x	0.070.0x	0.070.0x	0.07-0.2x	0.07+0.1x	0.050.0x
Asset Turnover	0.70+0.2x	0.60+0.1x	0.50-0.1x	0.67+0.1x	0.54-0.1x	0.490.0x	0.59+0.3x	0.560.0x
FCF Margin	-14.4%+7.1pp	-14.5%-1.1pp	-17.8%-17.3pp	-11.2%-8.5pp	-21.5%-19.7pp	-13.4%-13.8pp	-0.5%-17.9pp	-2.7%+8.5pp

Note: The current ratio is below 1.0 (0.83), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
SPAR GROUP INC SGRP	FY2025	$136.1M	-$24.6M	-18.1%	$19.3M	—
Network-1 Technologies, Inc. NTIP	FY2025	$150K	-$2.4M	N/A	$35.7M	—
NiSun International Enterprise Development Group Co., Ltd. NISN	FY2025	$5.1M	N/A	N/A	$7.0M	55/100
Samfine Creation Holdings Group Limited SFHG	FY2025	$21.8M	-$2.5M	-11.7%	$8.6M	34/100
Premium Catering (Holdings) Limited PC	FY2025	$3.3M	-$4.2M	N/A	$16.7M	39/100
Powell Max Limited PMAX	FY2025	$6.1M	-$3.0M	-49.3%	$2.8M	44/100

Where SPAR GROUP INC Ranks

Frequently Asked Questions

What is SPAR GROUP INC's annual revenue?

SPAR GROUP INC (SGRP) reported $136.1M in total revenue for fiscal year 2025. This represents a -16.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SPAR GROUP INC's revenue growing?

SPAR GROUP INC (SGRP) revenue declined by 16.8% year-over-year, from $163.6M to $136.1M in fiscal year 2025.

Is SPAR GROUP INC profitable?

No, SPAR GROUP INC (SGRP) reported a net income of -$24.6M in fiscal year 2025, with a net profit margin of -18.1%.

What is SPAR GROUP INC's EBITDA?

SPAR GROUP INC (SGRP) had EBITDA of -$15.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does SPAR GROUP INC have?

As of fiscal year 2025, SPAR GROUP INC (SGRP) had $3.3M in cash and equivalents against $1.3M in long-term debt.

What is SPAR GROUP INC's gross margin?

SPAR GROUP INC (SGRP) had a gross margin of 15.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is SPAR GROUP INC's operating margin?

SPAR GROUP INC (SGRP) had an operating margin of -12.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is SPAR GROUP INC's net profit margin?

SPAR GROUP INC (SGRP) had a net profit margin of -18.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is SPAR GROUP INC's return on equity (ROE)?

SPAR GROUP INC (SGRP) has a return on equity of -3959.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is SPAR GROUP INC's free cash flow?

SPAR GROUP INC (SGRP) recorded an outflow of $21.4M in free cash flow during fiscal year 2025. This represents a -1094.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is SPAR GROUP INC's operating cash flow?

SPAR GROUP INC (SGRP) recorded an outflow of $18.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are SPAR GROUP INC's total assets?

SPAR GROUP INC (SGRP) had $44.1M in total assets as of fiscal year 2025, including both current and long-term assets.

What are SPAR GROUP INC's capital expenditures?

SPAR GROUP INC (SGRP) invested $3.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does SPAR GROUP INC have outstanding?

SPAR GROUP INC (SGRP) had 24M shares outstanding as of fiscal year 2025.

What is SPAR GROUP INC's current ratio?

SPAR GROUP INC (SGRP) had a current ratio of 0.83 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is SPAR GROUP INC's debt-to-equity ratio?

SPAR GROUP INC (SGRP) had a debt-to-equity ratio of 2.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is SPAR GROUP INC's return on assets (ROA)?

SPAR GROUP INC (SGRP) had a return on assets of -55.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is SPAR GROUP INC's P/E ratio?

SPAR GROUP INC (SGRP) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $19.3M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SPAR GROUP INC's price-to-sales ratio?

SPAR GROUP INC (SGRP) trades at 0.1x sales, its market capitalization divided by revenue of $130.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $19.3M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does SPAR GROUP INC's liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, SPAR GROUP INC (SGRP) held $3.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $18.4M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is SPAR GROUP INC's Altman Z-Score?

SPAR GROUP INC (SGRP) has an Altman Z-Score of 1.37, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is SPAR GROUP INC's Piotroski F-Score?

SPAR GROUP INC (SGRP) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are SPAR GROUP INC's earnings high quality?

SPAR GROUP INC (SGRP) reported a net loss of $24.6M while operations used $18.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can SPAR GROUP INC cover its interest payments?

SPAR GROUP INC (SGRP) reported an operating loss of $16.9M against $2.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.