15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $136M | -$25M | 15.9% | -12.4% | -$21M | $2M | $3M |
| 2024 | $164M | -$3M | 20.5% | 0.4% | -$2M | $2M | $18M |
| 2023 | $188M | $4M | 23.7% | 3.0% | $6M | $18M | $4M |
| 2022 | $261M | -$732000 | 19.5% | 2.1% | -$7M | $19M | $9M |
| 2021 | $256M | $2M | 18.6% | 1.6% | $907000 | $12M | $13M |
| 2020 | $231M | $3M | 19.6% | 4.2% | $7M | $10M | $16M |
| 2019 | $253M | $2M | 19.5% | 4.0% | $5M | $10M | $10M |
| 2018 | $229M | -$2M | 19.3% | 1.6% | $428000 | $12M | $7M |
| 2017 | $181M | -$923000 | 20.3% | 2.3% | $5M | $7M | $9M |
| 2016 | — | $173000 | — | — | -$212000 | $10M | $7M |
| 2015 | — | $892000 | — | — | $3M | $6M | $6M |
| 2014 | — | $3M | — | — | $771000 | $6M | $4M |
| 2013 | — | $4M | — | — | $2M | $4M | $3M |
| 2012 | — | $3M | — | — | $2M | — | $2M |
| 2011 | — | $2M | — | — | $3M | — | $2M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $31M | -$553000 | 22.3% | -0.1% | -$4M | $3M | $4M |
| Dec '25 | $22M | -$16M | -10.6% | -57.8% | -$4M | $2M | $3M |
| Sep '25 | $41M | -$9M | 18.6% | -14.3% | -$5M | $2M | $8M |
| Jun '25 | $39M | -$1000 | 23.5% | 1.9% | -$8M | $2M | $14M |
| Mar '25 | $34M | $462000 | 21.4% | 3.0% | -$5M | $2M | $18M |
| Dec '24 | $33M | -$6M | 19.6% | -16.6% | -$166000 | $2M | $18M |
| Sep '24 | $38M | -$182000 | 22.3% | -4.0% | -$1M | $20M | $20M |
| Jun '24 | $43M | -$4M | 20.7% | -2.2% | -$785000 | $20M | $22M |
| Mar '24 | $49M | $7M | 19.7% | 17.6% | $184000 | $23M | $17M |
| Dec '23 | $65M | $2M | 22.8% | 4.2% | $5M | $18M | $4M |
| Sep '23 | $49M | $259000 | 21.8% | 1.6% | -$5M | $20M | — |
| Jun '23 | $46M | $639000 | 22.2% | 2.1% | $3M | $17M | — |
| Mar '23 | $64M | $866000 | 22.0% | 4.9% | $3M | $20M | — |
| Dec '22 | $65M | -$3M | 20.7% | -1.2% | -$1M | $19M | $9M |
| Sep '22 | $70M | -$32000 | 18.4% | 2.5% | -$1M | $21M | $11M |
| Jun '22 | $68M | $1M | 19.1% | 3.5% | -$846000 | $19M | $12M |
| Mar '22 | $59M | $674000 | 20.1% | 3.5% | -$3M | $17M | $13M |
| Dec '21 | $60M | -$4M | 17.7% | -5.2% | $1M | $12M | $13M |
| Sep '21 | $67M | $1M | 18.7% | 4.0% | -$432000 | $15M | $15M |
| Jun '21 | $67M | $514000 | 17.9% | 2.8% | -$2M | $12M | $17M |
How the market has priced SGRP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, SPAR Group, Inc.'s revenue has declined 10.0% per year. These are computed facts, not advice.
As of FY2025, SPAR Group, Inc. reported $2M of total debt against $3M of cash.
In FY2025, gross margin was 15.9%, operating margin -12.4%, and net margin -18.1%.
As of Jun '26, SPAR Group, Inc. traded at a price-to-earnings ratio of about 14.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.