---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-027246"
form_type: "8-K"
ticker: "SGRP"
cik: "0001004989"
company_name: "SPAR Group, Inc."
filed_at: "2025-08-18T23:59:59+00:00"
generated_at: "2026-05-17T11:44:19.764241+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SPAR Group Q2 revenue $38.6M, gross margin 23.5%, appoints three directors

## Summary
- Q2 net revenues $38.6M, up 13.5% sequentially; gross margin 23.5% vs 21.4% in Q1.
- Adjusted EBITDA $1.3M (3.4% of sales); net income $0.00 per diluted share.
- Total liquidity $15.1M ($13.9M cash + $1.2M availability) as of June 30, 2025.
- William H. Bartels resigned from board; replaced by Tim Cook. John Bode and Linda Houston also appointed.

## SEC filing metadata
- accession: 0001437749-25-027246
- form_type: 8-K
- ticker: SGRP
- cik: 0001004989
- company_name: SPAR Group, Inc.
- filed_at: 2025-08-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004989/000143774925027246/0001437749-25-027246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1004989/000143774925027246/sgrp20250806_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-027246
- JSON: https://secwatch.observer/filing/0001437749-25-027246.json
- Plain text: https://secwatch.observer/filing/0001437749-25-027246.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.