SPAR Group issues FY2026 guidance: net sales $143-$151M, gross margins 20.5%-22.5%

SPAR Group, Inc.

2026-Q1 EPS reported -$0.02 revenue$30,518,000

FY2026 net sales guidance of $143M-$151M vs FY25 actual of $136.1M, implying 5%-11% growth.
Gross margins expected to improve to 20.5%-22.5% from 15.9% in FY25.
SG&A (excl unusual items) guided at $25.5-$26.5M, down from $32.2M in FY25; targeting below $6.5M/quarter.
Recently completed $4.0M capital raise and announced on-demand merchandising partnership with ReposiTrak.
Management cites improved service mix toward higher-margin core merchandising and AI opportunities for 2027.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SPAR Group, Inc. reported fiscal year 2026 results: revenue $143 - $151. Guidance initiated.

Period: fiscal year 2026
Revenue: $143 - $151
Guidance: initiated
Result: guidance update

Exact text from the filing

the medium term as we continue to transform the organization, while remaining capital light in our investment approach.” In millions FY25 Actual FY26 Guidance Net Sales $ 136.1 $143 - $151 Gross Margins 15.9 % 20.5% - 22.5% SG&A, excl unusual items $ 32.2 $25.5 - $26.5 1 About SPAR Group, Inc. SPAR Group is an innovative services company offering

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Source: SEC EDGAR

accession 0001437749-26-010507

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