SPAR Group, Inc. (SGRP) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 30.52M | 22.02M | 41.42M | 38.63M | 34.04M | 33.04M | 37.79M | 43.4M | 49.4M | 65.1M | 67.33M | 65.94M | 64.38M | 64.64M | 69.83M | 67.8M | 58.99M | 60.02M | 67.42M | 67.18M |
| Revenue Growth % | -10.35% | -33.37% | 9.6% | -11% | -31.09% | -49.24% | -43.88% | -34.18% | -23.27% | 0.71% | -3.58% | -2.75% | 9.13% | 7.7% | 3.57% | 0.93% | -3.44% | 1.12% | 14.54% | 31.86% |
| Cost of Goods Sold | 24.12M | 24.35M | 33.73M | 29.57M | 26.77M | 26.56M | 29.35M | 34.44M | 39.68M | 50.23M | 53.96M | 52.84M | 50.24M | 51.25M | 56.99M | 55.36M | 47.16M | 49.38M | 54.81M | 55.17M |
| COGS % of Revenue | 79.02% | 110.61% | 81.43% | 76.54% | 78.63% | 80.37% | 77.66% | 79.35% | 80.34% | 77.15% | 80.14% | 80.14% | 78.04% | 79.28% | 81.61% | 81.65% | 79.95% | 82.26% | 81.3% | 82.13% |
| Gross Profit | 6.4M | -2.33M | 7.69M | 9.06M | 7.28M | 6.49M | 8.44M | 8.96M | 9.71M | 14.87M | 13.37M | 13.1M | 14.14M | 13.39M | 12.84M | 12.44M | 11.83M | 10.65M | 12.61M | 12.01M |
| Gross Margin % | 20.98% | -10.61% | 18.57% | 23.46% | 21.37% | 19.63% | 22.34% | 20.65% | 19.66% | 22.85% | 19.86% | 19.86% | 21.96% | 20.72% | 18.39% | 18.35% | 20.05% | 17.74% | 18.7% | 17.87% |
| Gross Profit Growth % | -12% | -136% | -8.91% | 1.09% | -25.09% | -56.38% | -36.87% | -31.55% | -31.31% | 11.05% | 4.15% | 5.26% | 19.5% | 25.79% | 1.82% | 3.62% | -3.49% | -3.09% | 4.94% | 21.62% |
| Operating Expenses | 6.2M | 9.65M | 9.59M | 8.35M | 6.24M | 19.54M | 9.93M | 9.93M | 1.04M | 12.16M | 11.83M | 11.1M | 10.99M | 14.15M | 11.12M | 10.08M | 9.76M | 13.75M | 9.94M | 10.12M |
| OpEx % of Revenue | 20.31% | 43.84% | 23.16% | 21.61% | 18.33% | 59.13% | 26.29% | 22.88% | 2.11% | 18.68% | 17.57% | 16.83% | 17.07% | 21.89% | 15.92% | 14.87% | 16.55% | 22.9% | 14.74% | 15.06% |
| Selling, General & Admin | 6.2M | 9.2M | 9.19M | 7.93M | 5.87M | 9.56M | 8.56M | 8.07M | 7.72M | 11.33M | 11.28M | 10.61M | 10.46M | 10.64M | 10.61M | 10.08M | 9.25M | 8.69M | 9.43M | 9.59M |
| SG&A % of Revenue | 20.31% | 41.8% | 22.18% | 20.54% | 17.25% | 28.93% | 22.65% | 18.59% | 15.63% | 17.4% | 16.76% | 16.08% | 16.24% | 16.46% | 15.2% | 14.87% | 15.69% | 14.47% | 13.98% | 14.27% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2M | 0 | 0 | 0 | 1.2M | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.86% | - | - | - | 2% | - | - |
| Other Operating Expenses | 0 | 449K | 404K | 413K | 367K | 1000K | 1000K | 1000K | -1000K | 835K | 548K | 494K | 532K | 1000K | 506K | 0 | 510K | 1000K | 509K | 534K |
| Operating Income | 203K | -11.99M | -1.9M | 715K | 1.04M | -13.05M | -1.49M | -966K | 8.67M | 2.71M | 1.54M | 2M | 3.15M | -757K | 1.72M | 2.36M | 2.07M | -3.1M | 2.67M | 1.89M |
| Operating Margin % | 0.67% | -54.44% | -4.59% | 1.85% | 3.04% | -39.49% | -3.95% | -2.23% | 17.55% | 4.16% | 2.29% | 3.03% | 4.89% | -1.17% | 2.46% | 3.48% | 3.5% | -5.16% | 3.97% | 2.81% |
| Operating Income Growth % | -80.41% | 8.15% | -27.41% | 174.02% | -88.05% | -581.55% | -196.82% | -148.37% | 175.27% | 457.99% | -10.41% | -15.27% | 52.39% | 75.57% | -35.7% | 24.91% | -23.95% | -205.52% | -19.93% | -3.87% |
| EBITDA | 731K | -11.34M | -1.43M | 1.23M | 1.51M | -12.75M | -870K | -381K | 9.32M | 3.58M | 2.27M | 2.61M | 3.81M | -548.75K | 2.82M | 3.11M | 2.82M | -2.59M | 3.18M | 2.42M |
| EBITDA Margin % | 2.4% | -51.48% | -3.45% | 3.17% | 4.44% | -38.58% | -2.3% | -0.88% | 18.87% | 5.5% | 3.37% | 3.96% | 5.93% | -0.85% | 4.03% | 4.58% | 4.78% | -4.31% | 4.72% | 3.6% |
| EBITDA Growth % | -51.59% | 11.08% | -64.14% | 421.78% | -83.8% | -456.16% | -138.39% | -114.58% | 144.35% | 752.21% | -19.53% | -15.84% | 35.38% | 78.8% | -11.56% | 28.29% | -13.24% | -174.87% | -17.75% | -3.24% |
| D&A (Non-Cash Add-back) | 528K | 652K | 473K | 511K | 474K | 303K | 622K | 585K | 651K | 869K | 725K | 617K | 665K | 208.25K | 1.1M | 749K | 751K | 510K | 509K | 534K |
| EBIT | 203K | -13.51M | -6.38M | 708K | 1.04M | -13.04M | -1.96M | -670K | 8.66M | 2.02M | 1.71M | 2.12M | 3.21M | 2.24M | 1.85M | 2.51M | 2.15M | 1.45M | 2.81M | 1.88M |
| Net Interest Income | -499K | -694K | -663K | -589K | -469K | -544K | -582K | -567K | -530K | -671K | -380K | -478K | -390K | -370K | -270K | -178K | -149K | -183K | -124K | -129K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 499K | 694K | 663K | 589K | 469K | 544K | 582K | 567K | 530K | 671K | 380K | 478K | 390K | 370K | 270K | 178K | 149K | 183K | 124K | 129K |
| Other Income/Expense | -728K | -2.22M | -5.14M | -596K | -460K | -531K | -1.05M | -294K | -482K | -1.36M | -216K | -353K | -332K | -251K | -144K | -29K | -62K | 119K | 13K | -134K |
| Pretax Income | -525K | -14.2M | -7.04M | 119K | 576K | -13.58M | -2.55M | -1.26M | 8.19M | 1.35M | 1.32M | 1.64M | 2.82M | -1.01M | 1.58M | 2.33M | 2M | -2.98M | 2.69M | 1.75M |
| Pretax Margin % | -1.72% | -64.51% | -17.01% | 0.31% | 1.69% | -41.1% | -6.74% | -2.9% | 16.58% | 2.07% | 1.97% | 2.49% | 4.38% | -1.56% | 2.26% | 3.43% | 3.4% | -4.96% | 3.99% | 2.61% |
| Income Tax | 28K | 2.12M | 1.72M | 120K | 114K | 130K | -2.31M | 934K | 1.39M | 551K | 227K | 538K | 1.04M | 835K | 676K | 715K | 551K | 72K | 549K | 621K |
| Effective Tax Rate % | -5.33% | -14.93% | -24.4% | 100.84% | 19.79% | -0.96% | 90.89% | -74.13% | 17.01% | 40.94% | 17.13% | 32.73% | 36.94% | -82.84% | 42.89% | 30.71% | 27.48% | -2.42% | 20.42% | 35.42% |
| Net Income | -553K | -16.32M | -8.76M | -1K | 462K | -13.26M | -144K | -3.89M | 6.63M | 2.14M | 259K | 639K | 866K | -2.52M | -32K | 1.15M | 674K | -4.39M | 1.18M | 514K |
| Net Margin % | -1.81% | -74.14% | -21.16% | -0% | 1.36% | -40.13% | -0.38% | -8.96% | 13.42% | 3.28% | 0.38% | 0.97% | 1.35% | -3.9% | -0.05% | 1.69% | 1.14% | -7.31% | 1.75% | 0.77% |
| Net Income Growth % | -219.7% | -23.1% | -5986.11% | 99.97% | -93.03% | -720.21% | -155.6% | -708.92% | 665.24% | 184.81% | 909.38% | -44.39% | 28.49% | 42.57% | -102.71% | 123.54% | -26.5% | -316.47% | 3.15% | 599.03% |
| Net Income (Continuing) | -553K | -16.32M | -8.76M | -1K | 462K | -13.71M | -232K | -2.19M | 6.8M | 795K | 1.1M | 1.11M | 1.78M | -1.84M | 900K | 1.61M | 1.45M | -3.05M | 2.14M | 1.13M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 385K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 246K | 1.32M | 7.1M | 12.02M | 15.29M | 15.09M | 16.3M | 15.63M | 15.9M | 15.54M | 16.4M | 17.6M | 16.85M | 16.58M |
| EPS (Diluted) | -0.02 | -0.68 | -0.37 | 0.00 | 0.02 | -0.55 | -0.01 | -0.11 | 0.28 | 0.09 | 0.01 | 0.03 | 0.08 | -0.08 | 0.04 | 0.07 | 0.07 | -0.20 | 0.06 | 0.02 |
| EPS Growth % | -202.04% | -23.64% | - | 100% | -93% | -701.75% | -154.95% | -502.93% | 266.97% | 213.12% | -72.59% | -62.86% | 14.05% | 59.6% | -32.5% | 267.5% | 67.25% | -308.33% | 20% | - |
| EPS (Basic) | -0.02 | -0.68 | -0.37 | 0.00 | 0.02 | -0.57 | -0.01 | -0.11 | 0.28 | 0.09 | 0.01 | 0.03 | 0.08 | -0.08 | 0.04 | 0.07 | 0.07 | -0.21 | 0.06 | 0.02 |
| Diluted Shares Outstanding | 24.13M | 23.91M | 23.7M | 23.5M | 23.55M | 23.73M | 23.43M | 24.01M | 24.01M | 23.38M | 23.38M | 23.39M | 23.28M | 22.82M | 22.23M | 21.93M | 21.73M | 21.59M | 21.59M | 21.62M |
| Basic Shares Outstanding | 24.13M | 23.91M | 23.65M | 23.47M | 23.45M | 23.55M | 23.43M | 23.79M | 23.82M | 23.24M | 23.24M | 23.25M | 23.11M | 22.82M | 22.23M | 21.81M | 21.58M | 21.32M | 21.3M | 21.26M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | 14.22% | - | - | - | - | - | - | - | - | - | - |