SPAR Group, Inc. (SGRP) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -3.92M | -2.48M | -4.06M | -7.86M | -4.04M | 65K | -900K | -445K | 615K | 5.18M | -5.1M | 3.81M | 2.94M | -882K | -634K | -530K | -3M | 1.51M | 110K | -1.38M |
| Operating CF Margin % | -12.84% | -11.27% | -9.81% | -20.34% | -11.88% | 0.2% | -2.38% | -1.03% | 1.24% | 7.96% | -7.58% | 5.78% | 4.56% | -1.36% | -0.91% | -0.78% | -5.08% | 2.52% | 0.16% | -2.06% |
| Operating CF Growth % | 3.12% | -3916.92% | -351.33% | -1665.39% | -757.56% | -98.75% | 82.37% | -111.69% | -79.05% | 687.41% | -705.05% | 818.49% | 197.93% | -158.41% | -676.36% | 61.71% | -225.28% | -4.31% | 107.1% | -118.91% |
| Net Income | -553K | -16.32M | -8.76M | -1K | 462K | -13.71M | -144K | 3.63M | 7.18M | 2.14M | 1.1M | 1.11M | 1.78M | -1.84M | 901K | 1.61M | 1.45M | -4.39M | 2.14M | 1.13M |
| Depreciation & Amortization | 528K | 1.03M | 483K | 511K | 474K | 303K | 559K | 612K | 651K | 869K | 981K | 361K | 665K | 1.16M | 507K | 507K | 510K | 510K | 509K | 534K |
| Stock-Based Compensation | 0 | 2K | 0 | 27K | 27K | 30K | -149K | 128K | 128K | 80K | 83K | -39K | 173K | -239K | 305K | 130K | 150K | 0 | 221K | 183K |
| Deferred Taxes | 0 | 1.87M | 1.74M | 102K | 102K | -6.08M | 3.23M | -264K | 1.09M | 936K | -126K | 240K | -129K | 994K | 0 | 0 | 0 | -267K | 0 | 0 |
| Other Non-Cash Items | 39K | -273K | 74K | 0 | 0 | 9.8M | 879K | -4.44M | -8.4M | -984K | -156K | 329K | -35K | 3.35M | 88K | 261K | -145K | 6.39M | -35K | 431K |
| Working Capital Changes | -3.93M | 11.21M | 2.4M | -8.49M | -5.11M | 9.72M | -5.27M | -104K | -32K | 2.14M | -6.98M | 1.81M | 485K | -4.29M | -2.44M | -3.04M | -4.97M | -729K | -2.72M | -3.66M |
| Change in Receivables | -6.9M | 12.46M | 2.64M | -7.08M | -11.93M | 187K | 3.92M | -814K | -6.29M | 5.2M | -3.17M | 598K | 607K | 1.05M | -2.85M | -3.66M | -5.78M | 5.04M | -1.96M | -4.28M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -2.72M | -4.18M | 2.73M | -3.21M | 5.07M | 3.13M | 1.84M | -626K | 2.1M | -3.37M | 1.21M | -478K | -325K | -1.99M | 2.29M | 1.56M | -145K | -1.21M | -961K | 1.89M |
| Cash from Investing | -503K | 474K | -575K | -434K | -525K | 353K | -1.43M | 11.84M | -878K | -1.19M | -366K | -374K | -343K | -560K | -443K | -316K | -478K | 710K | -1.55M | -554K |
| Capital Expenditures | -503K | -1.44M | -575K | -434K | -525K | -231K | -127K | -349K | -431K | -159K | -366K | -374K | -343K | -560K | -443K | -316K | -478K | -290K | -542K | -558K |
| CapEx % of Revenue | 1.65% | 6.56% | 1.39% | 1.12% | 1.54% | 0.7% | 0.34% | 0.8% | 0.87% | 0.24% | 0.54% | 0.57% | 0.53% | 0.87% | 0.63% | 0.47% | 0.81% | 0.48% | 0.8% | 0.83% |
| Acquisitions | 0 | 1.92M | 0 | 0 | 0 | 584K | -11.74M | 12.19M | -446K | -1.11M | 0 | -473K | 0 | -2.56M | 0 | 0 | 0 | 1M | -1M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 9.72M | 0 | -1K | 84K | 0 | 473K | 0 | 2.56M | 0 | 0 | 0 | 0 | 0 | 4K |
| Cash from Financing | 5.52M | -2.94M | -1.08M | 4.26M | 4.29M | -1.87M | 319K | -6.45M | 6.34M | -1.5M | 2.82M | -3.7M | -628K | -5.76M | 1.81M | 2.61M | 4.83M | -3.05M | 2.35M | -1.56M |
| Debt Issued (Net) | 5.52M | -3.26M | -1.52M | 4.26M | 4.29M | -1.62M | 319K | -4.43M | -500K | -1.5M | 3.29M | -2.34M | -324K | -1.35M | 1.81M | 2.61M | 4.83M | -3.09M | 2.44M | -1.55M |
| Equity Issued (Net) | 0 | 316K | 440K | 0 | 0 | 0 | 0 | -1.8M | 0 | 0 | 0 | 0 | 0 | -63K | 0 | 0 | 0 | -123K | -53K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | -28K | 0 | 0 | -304K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.8M | 0 | 0 | 0 | 0 | 0 | -181K | 0 | 0 | 0 | 0 | -53K | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | -250K | 28K | -222K | 6.84M | 305K | -478K | -1.36M | -304K | -4.34M | 0 | 0 | 0 | 161K | -40K | -3K |
| Net Change in Cash | 1.05M | -4.94M | -5.72M | -4.01M | -279K | -1.43M | -2.04M | 5.07M | 5.91M | 2.76M | -2.96M | -337K | 1.91M | -2.78M | -281K | -1.66M | 588K | -1.83M | -1.4M | -3.01M |
| Free Cash Flow | -4.42M | -3.92M | -4.64M | -8.29M | -4.57M | -166K | -1.03M | -794K | 184K | 5.02M | -5.47M | 3.43M | 2.59M | -1.44M | -1.08M | -846K | -3.48M | 1.22M | -432K | -1.94M |
| FCF Margin % | -14.49% | -17.83% | -11.2% | -21.46% | -13.42% | -0.5% | -2.72% | -1.83% | 0.37% | 7.71% | -8.12% | 5.21% | 4.03% | -2.23% | -1.54% | -1.25% | -5.89% | 2.03% | -0.64% | -2.89% |
| FCF Growth % | 3.24% | -2264.46% | -351.51% | -944.08% | -2583.15% | -103.31% | 81.22% | -123.12% | -92.9% | 448.27% | -407.89% | 505.91% | 174.6% | -218.2% | -149.31% | 56.44% | -268.66% | -0.49% | 78.52% | -128.26% |
| FCF per Share | -0.18 | -0.16 | -0.20 | -0.35 | -0.19 | -0.01 | -0.04 | -0.03 | 0.01 | 0.21 | -0.23 | 0.15 | 0.11 | -0.06 | -0.05 | -0.04 | -0.16 | 0.06 | -0.02 | -0.09 |
| FCF Conversion (FCF/Net Income) | 7.08x | 0.15x | 0.46x | 7856.00x | -8.75x | -0.00x | 6.25x | 0.11x | 0.09x | 2.42x | -19.71x | 5.96x | 3.39x | 0.35x | 19.81x | -0.46x | -4.45x | -0.34x | 0.09x | -2.69x |
| Interest Paid | 0 | 859K | 0 | 553K | 429K | 419K | 0 | 507K | 523K | 1.03M | 389K | 488K | 425K | 462K | 332K | 244K | 162K | 0 | 166K | 168K |
| Taxes Paid | 0 | 149K | 0 | 0 | 0 | 0 | 0 | 68K | 209K | -360K | 197K | 1.27M | 476K | 577K | 467K | 632K | 611K | 0 | 484K | 788K |