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Sparta Commercial Services (SRCO) earnings and revenue breakdown

Latest: Q1 FY27 · 10-Q filed Sep 21, 2026 · Sparta Commercial Services (SRCO) Q1 FY27 earnings results →

Q1 FY27 Revenue down 51% year over year to $48K · operating margin -956.2%

Sparta Commercial Services made $48K in Q1 FY27 (-51% Y/Y): Information Technology $45K, Wellness Products $2K, Merchant Financing $358. Operating margin -956.2%, net loss $535K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Sep 21, 2026.

Revenue$48K
Year over year-51%
Operating margin-956.2%
Net earnings−$535K
Operating cash flow−$233K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $48K in Q1 FY27, down 51% year over year and down 17% from the previous quarter. Information Technology was the largest line at 95% of revenue. Merchant Financing lost $52K year over year (down 99%), 107% of the total change.

Gross margin was 85.5%, down 5.7 points from Q1 FY26. Operating costs exceeded revenue by $456K, an operating margin of -956.2%. Operating expenses grew 35% against a revenue fall of 51%. The fastest-growing cost line was Other operating costs (+36%). The quarter ended with a net loss of $535K, narrower than the previous quarter's $1.5M loss. Minority interests bore $36K of it: to shareholders the quarter was a loss of $500K.

Operating cash flow was −$233K. Working capital and other items added $302K.

Quarterly history

Sparta Commercial Services revenue by quarterSparta Commercial Services revenue by quarter$79KQ3 FY25$67KQ4 FY25$97KQ1 FY26$99KQ2 FY26$92KQ3 FY26$57KQ4 FY26$48KQ1 FY27
Sparta Commercial Services net earnings by quarterSparta Commercial Services net earnings by quarter−$406KQ3 FY25−$326KQ4 FY25−$474KQ1 FY26−$520KQ2 FY26−$405KQ3 FY26−$1.5MQ4 FY26−$535KQ1 FY27
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q1 FY2710-QSep 21, 2026$48K-51%-956.2%−$535K−$233K
Q4 FY2610-KAug 13, 2026$57K-15%n/m−$1.5M−$54K
Q3 FY2610-QMar 23, 2026$92K+17%-225.9%−$405K−$183K
Q2 FY2610-QDec 19, 2025$99K+108%-276.1%−$520K−$195K
Q1 FY2610-QSep 19, 2025$97K+133%-288.9%−$474K−$347K
Q4 FY2510-KAug 13, 2025$67K+66%-545.7%−$326K−$50K
Q3 FY2510-QMar 25, 2025$79K+115%-235.1%−$406K−$179K

Charts

Sparta Commercial Services: revenue growth, year over year and quarter over quarterSparta Commercial Services: revenue growth, year over year and quarter over quarterY/YQ/Q+115%Q3 FY25+66%-15%Q4 FY25+133%+44%Q1 FY26+108%+3%Q2 FY26+17%-7%Q3 FY26-15%-38%Q4 FY26-51%-17%Q1 FY27
Latest (Q1 FY27): Y/Y -51%, Q/Q -17%.
Sparta Commercial Services: where the cash came from (+) and went (−), TTM to Q1 FY27Sparta Commercial Services: where the cash came from (+) and went (−), TTM to Q1 FY27Operating cash flow−$666KNet borrowing (+) / repaid (−)$536KShares issued$230KOther financing−$90KCash drawn (+) / kept (−)−$9K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Sparta Commercial Services: profit against cash, quarter by quarterSparta Commercial Services: profit against cash, quarter by quarterNet incomeOperating cash flow−$418K−$551KQ2 FY25−$406K−$179KQ3 FY25−$326K−$50KQ4 FY25−$474K−$347KQ1 FY26−$520K−$195KQ2 FY26−$405K−$183KQ3 FY26−$1.5M−$54KQ4 FY26−$535K−$233KQ1 FY27
Latest (Q1 FY27): Net income −$535K, Operating cash flow −$233K.
Sparta Commercial Services: diluted shares by fiscal year (split-adjusted)Sparta Commercial Services: diluted shares by fiscal year (split-adjusted)14MFY2114MFY2219MFY2328MFY2436MFY2545MFY26
+215.9% since FY21: more shares outstanding (issuance, stock pay); earlier years scaled for the 2-for-1 split before FY22.
Sparta Commercial Services in its industry: growth against margin (87 companies, SIC 7389)Sparta Commercial Services in its industry: growth against margin (87 companies, SIC 7389)revenue growth, year over year →↑ operating marginmedian +8%median 7%ACNUBERVMELIMAPYPLFISVDASHAMTMFISGPNEBAYCNXCLYFTBRCPAYFOURRBAMMSTNETAKAMCARTWUCSGPADVMSCIWEXZGCBZETSYFICOTICEXLSCNDTRELYALITMBGLQNSTMAXPAYHQYPAYOPRTHCTEVXMTRFLYWGETYANDGNUTXACVAXBPSEZLIMXILQDTPHRRMNIRPAYRGPSCORJANLCASSAMWLSGRPDHXBAERPAYSOPRXNOTEHGBLPOWWRSSSDVLTPAYDQMCIINVUTGLASFHCJMBOLBXHLDFTFTDBMMCNFNGBUXWASTBCRDSRCO (-51%, -100%)
Services-Business Services, NEC; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Sparta Commercial Services

Sparta Commercial Services, Inc. (“Sparta,” “we,” “us,” or the “Company”) is a Nevada corporation with headquarters in New York, New York, and a corporate website at www.spartacommercial.com, with subsidiary addresses in Stamford, CT. We operate as a multi-disciplined parent corporation across four primary business sectors: FinTech Services, Financial Services, E-Commerce & Mobile Technology, and Health and Wellness. Our operations are conducted through wholly owned subsidiaries and joint ventures that provide specialized financing products, technology-driven solutions, and consumer wellness offerings.

In its own words, from its annual report, filed Aug 13, 2025.

Sparta Commercial Services against its Services-Business Services, NEC peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -51% against the peers' median +10%. Operating margin: -956.2% against the peers' median 9.8%.

CompanyQuarterRevenueY/YOp. margin
SRCO Sparta Commercial ServicesQ1 FY27$48K-51%-956.2%
ACN AccentureQ4 FY26$18.7B+6%15.3%
UBER Uber TechnologiesQ3 2026$14.8B+10%9.8%
V VisaQ4 FY26$12.1B+13%59.8%
MELI MercadoLibreQ3 2026$10.8B+45%6.3%
MA MastercardQ3 2026$9.8B+14%59.8%
PYPL PayPal HoldingsQ3 2026$8.6B+2%16.3%
FISV FiservQ3 2026$5.2B-1%-105.7%
DASH DoorDashQ3 2026$4.6B+34%9.6%

Source: Sparta Commercial Services 10-Q on SEC EDGAR · CIK 318299 · Services-Business Services, NEC

More on SRCO

History

Every quarter: Q1 FY27 results · Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results

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