earnings
confidence high
sentiment negative
materiality 0.65
SPAR Group Q1 net loss $553k; revenue down 10.3% to $30.5M, gross margin up to 22.3%
SPAR Group, Inc.
2026-Q1 EPS reported
-$0.02
revenue$30,518,000
- GAAP net loss $553k ($0.02/sh) vs net income $462k ($0.02/sh) in Q1 2025; adjusted diluted loss $0.01/sh.
- Revenue $30.5M, down 10.3% YoY; U.S. down 11.7% (lower Remodel), Canada up 3%; U.S. merchandising up 5%.
- Gross margin 22.3%, up 90 bps; Adjusted EBITDA $737k vs $1.5M prior year; reiterated FY2026 guidance: sales $143-151M.
- Settlement with co-founder Robert G. Brown reached; cash $4.3M, working capital $18.0M (excl. debt); target 25% gross margins.