Filing Flows

Filing Flows › Companies › Spar Group › Cash flow

Spar Group cash flow, quarter by quarter

Latest: Q2 2026 · from the cash-flow statements filed with the SEC

Free cash flow−$5.3M in Q2 2026 · −$18.3M over twelve months

Operating cash flow−$4.8M
Capital spending−$532K
Free cash flow−$5.3M
Cash / net income-11.7×

Analysis

In Q2 2026, Spar Group generated −$4.8M of operating cash flow and spent $532K on capital projects, leaving free cash flow of −$5.3M. That is $3.0M more than in Q2 2025 (−$8.3M).

Over the twelve months to Jun 30, 2026, operating cash flow was −$15.2M; the largest uses were operating cash flow ($15.2M), capital spending ($3.1M), other financing ($500K); besides operations, cash came from net borrowing (+) / repaid (−) ($5.1M), other investing ($1.9M); the cash balance fell by $11.0M.

Operating cash flow was −$4.8M against net income of $409K — -11.7× profit, less cash than reported earnings, worth checking against working capital. The largest differences: accrued liabilities −$2.7M, receivables −$1.6M, payables −$1.6M.

Free cash flow

Spar Group: free cash flow by quarterSpar Group: free cash flow by quarter−$1.0MQ3 2024−$166KQ4 2024−$4.6MQ1 2025−$8.3MQ2 2025−$4.6MQ3 2025−$3.9MQ4 2025−$4.4MQ1 2026−$5.3MQ2 2026
Operating cash flow less capital spending.
Spar Group: operating cash flow against capital spendingSpar Group: operating cash flow against capital spendingOperating cash flowCapital spending−$900K$127KQ3 2024$65K$231KQ4 2024−$4.0M$525KQ1 2025−$7.9M$434KQ2 2025−$4.1M$575KQ3 2025−$2.5M$1.4MQ4 2025−$3.9M$503KQ1 2026−$4.8M$532KQ2 2026
Latest (Q2 2026): Operating cash flow −$4.8M, Capital spending $532K.

Capital allocation, year by year

Spar Group: where the cash came from (up) and went (down), by fiscal yearSpar Group: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedCapital spendingBuybacksFY2021: Operating cash flow $2.6MFY2021: Net borrowing $1.4MFY2021: Capital spending −$1.7M$4.1MFY2021FY2022: Operating cash flow −$5.0MFY2022: Net borrowing $7.9MFY2022: Shares issued $118KFY2022: Capital spending −$1.8MFY2022: Buybacks −$181K$8.0MFY2022FY2023: Operating cash flow $6.8MFY2023: Net borrowing −$1.8MFY2023: Capital spending −$1.2M$6.8MFY2023FY2024: Operating cash flow −$665KFY2024: Capital spending −$1.1MFY2024: Buybacks −$1.8MFY2024FY2025: Operating cash flow −$18.4MFY2025: Net borrowing $4.3MFY2025: Shares issued $756KFY2025: Capital spending −$3.0M$5.0MFY2025
Over these 5 years operating cash flow totalled −$14.7M; the largest uses were operating cash flow ($24.2M) and capital spending ($8.8M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$2.9M
Debt$4.1M
Net debt$1.1M
Due within a year$500K
Cash runway2 months

Spar Group is burning cash: its operations consume cash, a free cash flow of −$18.3M a year at the current rate against $2.9M of cash and investments: a runway of about 2 months; $500K of debt also comes due within a year, which would need refinancing or new money before any new financing.

Where the cash came from and went

Spar Group: sources (+) and uses (−) of cash, Q2 2026Spar Group: sources (+) and uses (−) of cash, Q2 2026Operating cash flow−$4.8MNet borrowing (+) / repaid (−)$3.9MCash drawn (+) / kept (−)$1.4MCapital spending−$532KOther financing$50KExchange rates$33K
Spar Group: sources (+) and uses (−) of cash, TTM to Q2 2026Spar Group: sources (+) and uses (−) of cash, TTM to Q2 2026Operating cash flow−$15.2MCash drawn (+) / kept (−)$11.0MNet borrowing (+) / repaid (−)$5.1MCapital spending−$3.1MOther investing$1.9MShares issued$806KOther financing−$500KExchange rates−$17K

From profit to cash

Spar Group: net income to operating cash flow, Q2 2026Spar Group: net income to operating cash flow, Q2 2026Net income$409KDepreciation & amortization$433KDeferred taxes$140KReceivables−$1.6MPayables−$1.6MAccrued liabilities−$2.7MPrepaid and other assets−$179KOperating cash flow−$4.8M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q3 202595—3362
Q2 202597—3860
Q1 202583—3845

Every quarter

QuarterOperating cash flowCapital spendingNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q2 2026−$4.8M−$532K$3.9M—$1.4M−$5.3M
Q1 2026−$3.9M−$503K$5.5M—−$1.0M−$4.4M
Q4 2025−$2.5M−$1.4M−$3.4M$316K$4.9M−$3.9M
Q3 2025−$4.1M−$575K−$883K$440K$5.7M−$4.6M
Q2 2025−$7.9M−$434K$4.3M—$4.0M−$8.3M
Q1 2025−$4.0M−$525K$4.3M—$279K−$4.6M
Q4 2024$65K−$231K−$1.6M—$1.4M−$166K
Q3 2024−$900K−$127K$319K—$2.0M−$1.0M

Spar Group: income statement and cash flow

Spar Group, Q2 2026: revenue $36.9M (-4% year over year), operating margin 3.3%. The chart follows the revenue to costs, profit and cash.

Spar Group: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.