📊 SGRP Key Takeaways
Is SPAR Group, Inc. (SGRP) a Good Investment?
SPAR Group is in financial distress with unprofitable operations, negative free cash flow of -$4.4M, and a critically weak balance sheet featuring a debt/equity ratio of 54.63x with only $59K in stockholders' equity. The company's 16.8% revenue decline combined with operating cash burn and liquidity concerns (current ratio 0.88x) create significant bankruptcy risk.
SPAR Group, Inc. Key Strengths (SGRP)
- Maintains positive gross margin of 22.3% suggesting underlying service value
- Retains $4.3M in cash providing near-term operational runway
- Operates established business generating $30.5M in annual revenue
SGRP Stock Risks: SPAR Group, Inc. Investment Risks
- Negative free cash flow of -$4.4M is unsustainable without capital infusion or restructuring
- Critically overleveraged balance sheet with debt/equity of 54.63x and $59K equity cushion creates imminent solvency risk
- Revenue declining 16.8% YoY with negative operating income and net loss indicating fundamental business deterioration
- Current ratio of 0.88x signals potential near-term liquidity constraints and inability to meet obligations
- Negative interest coverage (-0.1x) means company cannot service debt from operations
Key Metrics to Watch
- Operating cash flow inflection point and return to positive territory
- Revenue stabilization and growth trajectory
- Balance sheet restructuring and debt refinancing activities
- Cash burn rate and liquidity runway before crisis
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 |
|---|---|---|---|
| Q1 2026 | $30.5M | $462.0K | $0.02 |
| 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 |
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 grade of D with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are SGRP's key strengths?
Claude: Maintains positive gross margin of 22.3% suggesting underlying service value. Retains $4.3M in cash providing near-term operational runway.
What are the risks of investing in SGRP?
Claude: Negative free cash flow of -$4.4M is unsustainable without capital infusion or restructuring. Critically overleveraged balance sheet with debt/equity of 54.63x and $59K equity cushion creates imminent solvency risk.
What is SGRP's revenue and growth?
SPAR Group, Inc. reported revenue of $30.5M.
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 $-0.02.
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 grade reflects both perspectives for balanced insights.
What is SGRP's fundamental grade?
Based on our AI fundamental analysis in May 2026, SPAR Group, Inc. has a D grade with 95% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is SGRP stock overvalued or undervalued?
Valuation metrics for SGRP: ROE of -937.3% (sector avg: 16%), net margin of -1.8% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is SGRP's AI grade for 2026?
Our dual AI analysis gives SPAR Group, Inc. a combined D grade 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 $-3.9M, with capital expenditures of $503.0K. FCF margin is -14.5%.
How does SGRP compare to other Services stocks?
Vs Services sector averages: Net margin -1.8% (avg: 10%), ROE -937.3% (avg: 16%), current ratio 0.88 (avg: 1.5).
Is SPAR Group, Inc. carrying too much debt?
SGRP has a debt-to-equity ratio of 54.63x, 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.