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Filing Flows › Spar Group (SGRP) › Q1 2026 › vs Q4 2025

Spar Group (SGRP) Q1 2026 vs Q4 2025 (quarter over quarter)

Spar Group's revenue rose $8.5M (+39%) from $22.0M in Q4 2025 to $30.5M in Q1 2026.

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 Q4 2025, the increases inside each band.

Spar Group: what changed, Q1 2026 vs Q4 2025Spar Group: what changed, Q1 2026 vs Q4 2025Working capital & other$17.2MNet loss−$15.8MNet loss absorbed−$15.8MCosts & expenses−$7.3MOperating costs−$4.2MSG&A−$3.0MIncome tax−$2.1MCash used in operations$1.4MOperating cash sources$1.4MInterest & other, net−$986K

Every line

LineQ1 2026Q4 2025Change%
Revenue$30.5M$22.0M$8.5M+39%
Net loss$553K$16.3M−$15.8M-97%
Costs & expenses$31.1M$38.3M−$7.3M-19%
Operating costs$30.6M$34.8M−$4.2M-12%
Interest & other, net$483K$1.5M−$986K-67%
Income tax$28K$2.1M−$2.1M-99%
Cost of revenue$23.7M$24.4M−$646K-3%
SG&A$6.2M$9.2M−$3.0M-33%
Other operating costs$655K$1.2M−$541K-45%
Operating cash sources$4.3M$2.9M$1.4M+48%
Depreciation & amortization$410K$449K−$39K-9%
Cash used in operations$3.9M$2.5M$1.4M+58%
Net loss absorbed$553K$16.3M−$15.8M-97%
Working capital & other$3.8M−$13.4M$17.2M—

Questions

How much did Spar Group's revenue grow quarter over quarter in Q1 2026?

Spar Group's revenue rose $8.5M (+39%) from $22.0M in Q4 2025 to $30.5M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →