SPAR Group, Inc.

SPAR Group, Inc.

SGRP
SPAR Group, Inc.US flagNASDAQ Capital Market
0.72
USD
-0.02
- -
18.16MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.46
5.93
5.8
6.52
8.8
11.08
12.09
10.92
12.02
11.82
1.98
6.95
5.76
5.57
Basic EPS, GAAP
0.16
0.16
0.04
0.01
-0.04
-0.07
0.12
0.16
-0.08
-0.03
0.03
-0.13
-1.04
-1.08
Free Cash Flow per Basic Share
0.08
0.04
0.16
-0.01
0.26
0.02
0.23
0.34
0.04
-0.31
0.24
-0.08
-0.91
-0.89
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.09
0.24
0.29
0.29
0.25
0.18
0.29
0.45
0.36
0.31
0.47
0.33
-0.72
-0.73
Tangible Book Value per Share
0.71
0.89
0.98
1.01
1.07
0.85
1.18
1.54
1.45
1.55
1.62
0.96
-0.04
-0.06
Basic Weighted Avg Shares
20
21
21
21
21
21
21
21
21
22
23
24
24
24
Sales/Revenue/Turnover
112
122
119
134
181
229
253
231
256
261
46
164
136
133
Operating Margin (%)
2.59
2.7
2.74
1.64
2.25
1.63
4.03
4.22
3.39
3
2.09
-1.12
-8.92
-9.78
Depreciation Expense
1
2
2
2
2
2
3
4
3
3
3
2
2
2
Net Income, GAAP
3
3
1
- -
-1
-2
2
3
-2
-1
1
-3
-25
-26
Effective Tax Rate (%)
- -
- -
24.86
20.07
71.67
46.12
38.02
3.36
51.31
56.64
39.41
- -
- -
100.84
Profit Margin (%)
2.99
2.68
0.75
0.13
-0.51
-0.68
0.96
1.46
-0.7
-0.28
1.39
-1.93
-18.09
-19.34
Working Capital
10
16
17
13
14
13
17
24
22
26
28
16
-6
-5
LT Debt
- -
6
6
- -
- -
2
3
3
1
2
1
2
6
7
Total Equity
19
23
24
25
26
25
31
39
37
38
40
24
1
- -
Return on Invested Capital (%)
- -
- -
7.2
4.76
3.12
5.37
14.15
17.52
7.59
5.95
0.95
- -
- -
- -
Return on Capital (%)
- -
- -
-3.15
-6.69
-14.91
-19.59
-1.2
-4.29
-13.54
-7.77
1.11
- -
- -
154.5
Return on Common Equity (%)
- -
95.58
16.45
2.9
-16.44
-35.15
49.87
43.47
-20.83
-10.04
7.19
-33.99
- -
-90.97

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
25
22
24
LT Borrowings
1
1
3
LT Finance Leases
1
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
24
19
15

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
52
31
39
Cash, Cash Equivalents & STI
8
3
4
Accounts Receivable, Net
26
18
23
Inventories
- -
- -
- -
Total Current Liabilities
43
38
44
Payables & Accruals
18
15
16
ST Debt
25
22
24
Deferred Revenue
1
1
4

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-8.13%
-26.54%
-97.44%
Free Cash Flow
-190.62%
-32.35%
1,094.04%
Net Income, GAAP
-117.3%
-62.03%
681.78%
Sales/Revenue/Turnover
24.57%
34.04%
-16.82%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
49
43
38
33
164
2025
34
39
41
22
136
2026
31
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
-0.16
-0.01
- -
-0.13
2025
0.02
- -
-0.37
-0.68
-1.04
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
William Linnane
Full Time Employees
1,384
Sector
Industrials
Industry
Specialty Business Services
Address
1910 Opdyke Court Auburn Hills MI United States of America 48326
IPO Date
Mar 1, 1996
Business
SPAR Group, Inc. is a global merchandising and brand marketing services company providing a comprehensive range of retail execution solutions and marketing services to retailers, consumer product brands, and distributors primarily across North America, with operations in the Americas, Asia-Pacific, Europe, and the Middle East. The company’s core offerings include in-store merchandising; marketing services such as category implementation, new item cut-ins, promotional support, and building displays; retail audits; assembly services; and distribution services. SPAR Group focuses on enhancing retail sales, driving efficiency, and supporting retailer remodels and resets through its extensive network of over 25,000 merchandisers conducting approximately 250,000 store visits weekly. Founded in 1967, the company is headquartered in Auburn Hills, Michigan. In recent years, SPAR Group has undergone significant strategic transformation and leadership changes. Most notably, the company approved an acquisition by Highwire Capital through an all-cash transaction in 2024, reflecting a major ownership change aimed at supporting growth and innovation. In 2025, notable executive shifts include the appointment of William Linnane as President and CEO and the addition of Josh Jewett as Chief Technology Officer, emphasizing a push toward digital transformation and AI initiatives. Under Linnane’s leadership, SPAR Group is focused on scaling operations, improving operational efficiency, and securing a large new business pipeline. Additionally, SPAR Group amended and expanded its revolving credit facilities to support growth through October 2027, a move designed to enhance financial flexibility. The company has also been active in divesting offshore operations to concentrate on core markets in the U.S. and Canada, where it has doubled business size and improved profitability. SPAR Group’s industry focus lies within retail merchandising and brand marketing services, targeting grocery stores, convenience stores, mass merchants, drug stores, and other retail channels. The company serves both large national brands and smaller brands seeking retail placement and promotion. Its expertise in data-driven insights and retail technology complements its broad service portfolio, which includes category resets, speed to shelf initiatives, new product launches, and customized promotional execution. The company maintains a global footprint with operations mainly in the United States and Canada, while backing clients’ expansion in select international markets. In summary, SPAR Group, Inc. operates as a leading provider of retail merchandising, marketing, and distribution services, distinguished by its scale, technology-driven approach, and strategic focus on U.S. and Canadian markets. Its recent leadership transitions, capital facility enhancements, acquisition approval by Highwire Capital, and renewed strategic focus position it as a compelling partner for consumer brands and retailers aiming to optimize retail execution and merchandising effectiveness. This description incorporates the latest corporate developments, operational scope, and product/service details as of late 2025.

Company News

APIChat
  • Founder and Significant Shareholder Robert G. Brown Recommends SPAR Group's Board to Act to Increase Shareholder Value

  • Large Shareholder Announces Plans to Vote on Certain 2026 Annual Meeting of SPAR Group, Inc.

  • SPAR Group, Inc. (SGRP) Q1 2026 Earnings Call Transcript

  • SPAR Group, Inc. Reports First Quarter Fiscal 2026 Results

  • SPAR Group, Inc. Announces Timing of Fiscal 2026 First Quarter Results Conference Call

  • SPAR Group and Founder Robert G. Brown Agree to Unified Path Forward

  • SPAR Group, Inc. (NASDAQ:SGRP) Short Interest Up 180.0% in April

  • Comparing YY Group (NASDAQ:YYGH) & SPAR Group (NASDAQ:SGRP)

  • SPAR Group, Inc. (SGRP) Q4 2025 Earnings Call Transcript

  • SPAR Group, Inc. Issues Fiscal Year 2026 Financial Guidance

  • SPAR Group, Inc. Announces Timing of Fiscal 2025 Fourth Quarter and Full Year Results Conference Call

  • SPAR Group and ReposiTrak Launch Integrated Service to Help Retailers Protect Sales, Reduce Labor Pressure, and Keep Shelves Full

  • SPAR Group (NASDAQ:SGRP) Stock Passes Below 200 Day Moving Average – Here’s What Happened

  • Comparing BrightView (NYSE:BV) & SPAR Group (NASDAQ:SGRP)

  • The SPAR Group Ltd (SGPPY) Q1 2026 Sales/Trading Call Transcript

  • Head-To-Head Review: SPAR Group (NASDAQ:SGRP) & Crawford & Company (NYSE:CRD.B)

  • Head to Head Contrast: Primech (NASDAQ:PMEC) and SPAR Group (NASDAQ:SGRP)

  • SPAR Group, Inc. Strengthens Executive Leadership Team; Appoints Jean Richer as Head of North American Sales & Marketing and Announces Executive Share Purchases

  • Insider Buying: SPAR Group (NASDAQ:SGRP) CFO Acquires $42,900.00 in Stock

  • SPAR Group (NASDAQ:SGRP) & Legacy Education Alliance (OTCMKTS:LEAI) Head to Head Analysis