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SPAR Group Q2 revenue falls

ReutersAug 14, 2025 12:11 PM


Overview

  • SPAR Group Q2 rev of $38.6 mln, reflecting divestitures impact

  • Consolidated gross margin improves to 23.5% from 21.4% in Q1

  • Net income break-even vs $3.9 mln loss in prior yr qtr


Outlook

  • Company highlights $200 mln future business opportunities in U.S. and Canada

  • SPAR Group emphasizes solid balance sheet and liquidity over $15 mln


Result Drivers

  • REVENUE GROWTH - U.S. and Canada revenues increased 5% yr/yr

  • GROSS MARGIN IMPROVEMENT - Consolidated gross margin rose to 23.5% from 21.4% in Q1, indicating improved profitability

  • DIVESTITURE IMPACT - Sales declines from prior year due to exit from joint ventures in Mexico, China, Japan, and India


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$38.63 mln

Q2 Net Income

-$1,000

Q2 Gross Profit

$9.06 mln

Q2 Operating Income

$715,000

Q2 Pretax Profit

$119,000

Press Release: ID:nGNXbdzxy8

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