earnings
confidence high
sentiment positive
materiality 0.70
SPAR Group returns to Q2 2026 profit; revenue down 4.5% to $36.9M
SPAR Group, Inc.
- Q2 net income $409K ($0.02/diluted) vs net loss $1K a year ago; adjusted EPS $0.04 vs $0.01.
- Net revenue $36.9M, down 4.5% YoY; U.S. down 7.8% (lower remodel), Canada up 30.5%.
- Adjusted EBITDA $2.1M vs $1.3M in Q2 2025; gross margin 22.8% vs 23.5%.
- FY2026 guidance revised: revenue $130-138M, gross margin 21.5-23.5%, SG&A $21-24M.
- Partnering with ReposiTrak on scan-based trading and technology re-platforming.