Filing Flows › Spar Group (SGRP) › Q1 2026 › vs Q1 2025
Spar Group (SGRP) Q1 2026 vs Q1 2025 (year over year)
Spar Group's revenue fell $3.5M (-10%) from $34.0M in Q1 2025 to $30.5M in Q1 2026. The biggest changes: United States Segment −$3.6M (-12%); Canada Segment +$91K (+3%).
Spar Group, Q1 2026: revenue $30.5M (-10% year over year), operating margin -0.1%, net loss $553K, operating cash flow −$3.9M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| United States Segment | $27.3M | $30.9M | −$3.6M | -12% |
| Canada Segment | $3.3M | $3.2M | $91K | +3% |
| Revenue | $30.5M | $34.0M | −$3.5M | -10% |
| Net loss | $553K | −$462K | $1.0M | — |
| Costs & expenses | $31.1M | $34.0M | −$3.0M | -9% |
| Operating costs | $30.6M | $33.0M | −$2.4M | -7% |
| Interest & other, net | $483K | $460K | $23K | +5% |
| Income tax | $28K | $114K | −$86K | -75% |
| Cost of revenue | $23.7M | $26.8M | −$3.1M | -11% |
| SG&A | $6.2M | $5.9M | $327K | +6% |
| Other operating costs | $655K | $367K | $288K | +78% |
| Operating cash sources | $4.3M | $4.4M | −$83K | -2% |
| Depreciation & amortization | $410K | $367K | $43K | +12% |
| Cash used in operations | $3.9M | $4.0M | −$126K | -3% |
| Net loss absorbed | $553K | −$462K | $1.0M | — |
| Working capital & other | $3.8M | $4.9M | −$1.1M | -23% |
Questions
How much did Spar Group's revenue grow year over year in Q1 2026?
Spar Group's revenue fell $3.5M (-10%) from $34.0M in Q1 2025 to $30.5M in Q1 2026.
What drove Spar Group's revenue change in Q1 2026?
United States Segment −$3.6M (-12%); Canada Segment +$91K (+3%).