SPAR Group, Inc.SGRPEarnings & Financial Report
SPAR, originally "DESPAR", styled as "DE SPAR", is a Dutch multinational franchise that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well, although the largest number of stores are located in the United Kingdom.
Revenue
$43.4M
Gross Profit
$9.0M
Operating Profit
$-966.0K
Net Profit
$-3.9M
Gross Margin
20.7%
Operating Margin
-2.2%
Net Margin
-9.0%
YoY Growth
-5.5%
EPS
$-0.16
SPAR Group, Inc. Q2 FY2024 Financial Summary
SPAR Group, Inc. reported revenue of $43.4M (down 5.5% YoY) for Q2 FY2024, with a net profit of $-3.9M (down 708.9% YoY) (-9.0% margin). Cost of goods sold was $34.4M, operating expenses totaled $9.9M.
Key Financial Metrics
| Total Revenue | $43.4M |
|---|---|
| Net Profit | $-3.9M |
| Gross Margin | 20.7% |
| Operating Margin | -2.2% |
| Report Period | Q2 FY2024 |
SPAR Group, Inc. Annual Revenue by Year
SPAR Group, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $136.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $136.1M |
| 2024 | $163.6M |
| 2023 | $187.9M |
| 2022 | $261.3M |
SPAR Group, Inc. Quarterly Revenue & Net Profit History
SPAR Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $22.0M | -33.4% | $-16.3M | -74.1% |
| Q3 FY2025 | $41.4M | +9.6% | $-8.8M | -21.2% |
| Q2 FY2025 | $38.6M | -11.0% | $-1.0K | -0.0% |
| Q1 FY2025 | $34.0M | -31.1% | $462.0K | 1.4% |
| Q4 FY2024 | $33.0M | +14.5% | $-5.7M | -17.3% |
| Q3 FY2024 | $37.8M | -22.4% | $-182.0K | -0.5% |
| Q2 FY2024 | $43.4M | -5.5% | $-3.9M | -9.0% |
| Q1 FY2024 | $49.4M | -23.3% | $6.6M | 13.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $49.4M | $43.4M | $37.8M | $33.0M | $34.0M | $38.6M | $41.4M | $22.0M |
| YoY Growth | -23.3% | -5.5% | -22.4% | 14.5% | -31.1% | -11.0% | 9.6% | -33.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $104.5M | $70.0M | $67.4M | $56.4M | $70.2M | $71.6M | $61.7M | $44.1M |
| Liabilities | $64.5M | $39.3M | $37.9M | $32.1M | $45.5M | $46.7M | $45.1M | $43.4M |
| Equity | $33.0M | $29.4M | $29.3M | $24.3M | $24.7M | $24.9M | $16.6M | $622000 |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $615000 | $-445000 | $-900000 | $65000 | $-4.0M | $-7.9M | $-4.1M | $-2.5M |