---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-016244"
form_type: "8-K"
ticker: "SGRP"
cik: "0001004989"
company_name: "SPAR Group, Inc."
filed_at: "2026-05-12T12:15:14+00:00"
generated_at: "2026-05-12T12:22:39.399086+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SPAR Group Q1 net loss $553k; revenue down 10.3% to $30.5M, gross margin up to 22.3%

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-26-016244
- form_type: 8-K
- ticker: SGRP
- cik: 0001004989
- company_name: SPAR Group, Inc.
- filed_at: 2026-05-12T12:15:14+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004989/000143774926016244/0001437749-26-016244-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1004989/000143774926016244/sgrp20260430_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-016244
- JSON: https://secwatch.observer/filing/0001437749-26-016244.json
- Plain text: https://secwatch.observer/filing/0001437749-26-016244.txt

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