Filing Flows › Sparta Commercial Services (SRCO) › Q2 FY26
Sparta Commercial Services (SRCO) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Dec 19, 2025
Sparta Commercial Services (SRCO) reported revenue of $99K for the second quarter fiscal 2026 (Q2 FY26), +108% from a year earlier and +3% from the quarter before. Operating margin was -276.1%, net loss $520K (523.2% of revenue).
Sparta Commercial Services, Q2 FY26: revenue $99K (+108% year over year), operating margin -276.1%, net loss $520K, operating cash flow −$195K. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $99K | +3% | +108% |
| Operating profit | −$274K | — | — |
| Net earnings | −$520K | — | — |
| Operating cash flow | −$195K | — | — |
What changed
Revenue was $99K in Q2 FY26, up 108% year over year and up 3% from the previous quarter. Merchant Financing was the largest line at 54% of revenue. Merchant Financing added $40K year over year (up 284%), 77% of the total change.
Gross margin was 91.1%, up 0.9 points from a year earlier. Operating costs exceeded revenue by $274K, an operating margin of -276.1%. Operating expenses fell 2% while revenue rose 108%. The quarter ended with a net loss of $520K, wider than the previous quarter's $474K loss.
Operating cash flow was −$195K. Working capital and other items added $325K.
Questions
What was Sparta Commercial Services' revenue in the second quarter fiscal 2026?
Sparta Commercial Services (SRCO) reported revenue of $99K for the second quarter fiscal 2026 (Q2 FY26), +108% from a year earlier and +3% from the quarter before.
Was Sparta Commercial Services profitable in the second quarter fiscal 2026?
Operating loss was $274K (-276.1% of revenue) and net loss $520K.