📊 SGRP Key Takeaways
Is SPAR Group, Inc. (SGRP) a Good Investment?
SPAR Group exhibits severe financial distress with accelerating operational losses, negative free cash flow of -$21.4M, and dangerously weak equity of only $622K. The combination of declining revenue (-16.8% YoY), inability to cover interest expenses, and unsustainable cash burn creates imminent solvency risk.
Why Buy SPAR Group, Inc. Stock? SGRP Key Strengths
- Maintains operational presence with $44.1M in total assets
- Generates gross profit of $21.7M indicating some core business viability
- Modest cash position of $3.3M provides temporary liquidity runway
SGRP Stock Risks: SPAR Group, Inc. Investment Risks
- Stockholders' equity collapsed to $622K with negative net income, creating extreme bankruptcy risk
- Current ratio of 0.83x and negative operating cash flow of -$18.4M indicate imminent liquidity crisis
- Revenue contraction of 16.8% YoY combined with negative operating margins signals deteriorating core business
- Interest coverage ratio of -50.2x demonstrates inability to service debt from operations
- Negative free cash flow of -$21.4M is unsustainable and will rapidly deplete remaining cash reserves
Key Metrics to Watch
- Quarterly revenue trend and customer retention rates
- Operating cash flow and cash burn rate sustainability
- Stockholders' equity movements and debt covenant compliance
- Gross margin stability and cost structure efficiency
SPAR Group, Inc. (SGRP) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
SGRP Profit Margin, ROE & Profitability Analysis
SGRP vs Services Sector: How SPAR Group, Inc. Compares
How SPAR Group, Inc. compares to Services sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is SPAR Group, Inc. Stock Overvalued? SGRP Valuation Analysis 2026
Based on fundamental analysis, SPAR Group, Inc. shows some fundamental concerns relative to the Services sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
SPAR Group, Inc. Balance Sheet: SGRP Debt, Cash & Liquidity
SGRP Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: SPAR Group, Inc.'s revenue has declined by 36% over the 5-year period, indicating business contraction. The most recent EPS of $-0.13 indicates the company is currently unprofitable.
SGRP Revenue Growth, EPS Growth & YoY Performance
SGRP Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $37.8M | -$182.0K | $-0.01 |
| Q2 2025 | $38.6M | -$1.0K | $0.00 |
| Q1 2025 | $34.0M | $462.0K | $0.02 |
| Q3 2024 | $37.8M | -$144.0K | $0.01 |
| Q2 2024 | $57.3M | $639.0K | $0.03 |
| Q1 2024 | $64.4M | $866.0K | $0.04 |
| Q3 2023 | $67.3M | -$32.0K | $0.00 |
| Q2 2023 | $65.9M | $639.0K | $0.03 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
SPAR Group, Inc. Dividends, Buybacks & Capital Allocation
SGRP SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for SPAR Group, Inc. (CIK: 0001004989)
📋 Recent SEC Filings
❓ Frequently Asked Questions about SGRP
What is the AI rating for SGRP?
SPAR Group, Inc. (SGRP) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SGRP's key strengths?
Claude: Maintains operational presence with $44.1M in total assets. Generates gross profit of $21.7M indicating some core business viability.
What are the risks of investing in SGRP?
Claude: Stockholders' equity collapsed to $622K with negative net income, creating extreme bankruptcy risk. Current ratio of 0.83x and negative operating cash flow of -$18.4M indicate imminent liquidity crisis.
What is SGRP's revenue and growth?
SPAR Group, Inc. reported revenue of $136.1M.
Does SGRP pay dividends?
SPAR Group, Inc. does not currently pay dividends.
Where can I find SGRP SEC filings?
Official SEC filings for SPAR Group, Inc. (CIK: 0001004989) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is SGRP's EPS?
SPAR Group, Inc. has a diluted EPS of $-1.04.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is SGRP a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, SPAR Group, Inc. has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is SGRP stock overvalued or undervalued?
Valuation metrics for SGRP: ROE of -3,959.2% (sector avg: 16%), net margin of -18.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy SGRP stock in 2026?
Our dual AI analysis gives SPAR Group, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is SGRP's free cash flow?
SPAR Group, Inc.'s operating cash flow is $-18.4M, with capital expenditures of $3.0M. FCF margin is -15.7%.
How does SGRP compare to other Services stocks?
Vs Services sector averages: Net margin -18.1% (avg: 10%), ROE -3,959.2% (avg: 16%), current ratio 0.83 (avg: 1.5).
Is SPAR Group, Inc. carrying too much debt?
SGRP has a debt-to-equity ratio of 2.06x, which is above the Services sector average of 0.7x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.