EdgarLookup

SPAR Group, Inc. — Financial Data

Annual figures from SEC EDGAR XBRL filings (10-K)

These figures are extracted directly from XBRL-tagged financial statements that SPAR Group, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.

Overview All Filings Annual Quarterly Insiders
-13.6%
Profit Margin
Net income ÷ revenue
-55.9%
Return on Assets
Net income ÷ assets
1.79x
Debt-to-Equity
Total liabilities ÷ equity
+35%
Revenue Growth
Year over year

Revenue (Net Sales)

Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.

Fiscal Year Period End Value Filed
FY2017 Dec 31, 2017 $181.38M Apr 2, 2018
FY2017 Dec 31, 2016 $134.32M Apr 2, 2018
FY2016 Dec 31, 2015 $119.28M Apr 17, 2017
FY2015 Dec 31, 2014 $122.02M Mar 30, 2016
FY2014 Dec 31, 2013 $111.96M Apr 15, 2015
FY2013 Dec 31, 2012 $98.55M Mar 31, 2014
FY2012 Dec 31, 2011 $73.52M Apr 2, 2013
FY2011 Dec 31, 2010 $63.15M Mar 21, 2012

Gross Profit

Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $21.69M Mar 31, 2026
FY2025 Dec 31, 2024 $33.60M Mar 31, 2026
FY2024 Sep 30, 2024 $8.44M Jul 17, 2025
FY2024 Jun 30, 2024 $8.96M Jul 17, 2025
FY2024 Dec 31, 2023 $44.44M Jul 17, 2025
FY2024 Sep 30, 2023 $10.64M Jul 17, 2025
FY2024 Jun 30, 2023 $10.20M Jul 17, 2025
FY2023 Dec 31, 2022 $51.01M Apr 1, 2024
FY2022 Dec 31, 2021 $47.52M Apr 17, 2023
FY2021 Dec 31, 2020 $45.19M Apr 15, 2022

Net Income

The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($24.63M) Mar 31, 2026
FY2025 Dec 31, 2024 ($3.15M) Mar 31, 2026
FY2024 Sep 30, 2024 ($182.0K) Jul 17, 2025
FY2024 Jun 30, 2024 ($3.89M) Jul 17, 2025
FY2024 Dec 31, 2023 $3.90M Jul 17, 2025
FY2024 Sep 30, 2023 $259.0K Jul 17, 2025
FY2024 Jun 30, 2023 $639.0K Jul 17, 2025
FY2023 Dec 31, 2022 ($732.0K) Apr 1, 2024
FY2022 Dec 31, 2021 $2.00M May 1, 2023
FY2021 Dec 31, 2020 $3.37M Apr 15, 2022

Operating Income

Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($16.90M) Mar 31, 2026
FY2025 Dec 31, 2024 $700.0K Mar 31, 2026
FY2024 Sep 30, 2024 ($1.53M) Jul 17, 2025
FY2024 Jun 30, 2024 ($966.0K) Jul 17, 2025
FY2024 Dec 31, 2023 $5.58M Jul 17, 2025
FY2024 Sep 30, 2023 $800.0K Jul 17, 2025
FY2024 Jun 30, 2023 $958.0K Jul 17, 2025
FY2023 Dec 31, 2022 $5.39M Apr 1, 2024
FY2022 Dec 31, 2021 $4.18M Apr 17, 2023
FY2021 Dec 31, 2020 $9.72M Apr 15, 2022

SG&A Expense

Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $32.20M Mar 31, 2026
FY2025 Dec 31, 2024 $33.88M Mar 31, 2026
FY2024 Sep 30, 2024 $8.56M Jul 17, 2025
FY2024 Jun 30, 2024 $8.07M Jul 17, 2025
FY2024 Dec 31, 2023 $36.63M Jul 17, 2025
FY2024 Sep 30, 2023 $9.34M Jul 17, 2025
FY2024 Jun 30, 2023 $8.80M Jul 17, 2025
FY2023 Dec 31, 2022 $41.14M Apr 1, 2024
FY2022 Dec 31, 2021 $36.78M Apr 17, 2023
FY2021 Dec 31, 2020 $33.34M Apr 15, 2022

Operating Cash Flow

Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($18.44M) Mar 31, 2026
FY2025 Dec 31, 2024 ($665.0K) Mar 31, 2026
FY2024 Sep 30, 2024 ($730.0K) Jul 17, 2025
FY2024 Jun 30, 2024 $170.0K Jul 17, 2025
FY2024 Dec 31, 2023 $6.82M Jul 17, 2025
FY2024 Sep 30, 2023 $1.64M Jul 17, 2025
FY2024 Jun 30, 2023 $6.74M Jul 17, 2025
FY2023 Dec 31, 2022 ($5.04M) Apr 1, 2024
FY2022 Dec 31, 2021 $2.63M Apr 17, 2023
FY2021 Dec 31, 2020 $8.80M Apr 15, 2022

Total Assets

The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $44.06M Mar 31, 2026
FY2025 Dec 31, 2024 $56.43M Mar 31, 2026
FY2024 Sep 30, 2024 $67.40M May 16, 2025
FY2024 Jun 30, 2024 $70.03M May 16, 2025
FY2024 Dec 31, 2023 $90.28M Jul 17, 2025
FY2023 Dec 31, 2022 $94.60M Apr 1, 2024
FY2022 Dec 31, 2021 $89.02M Apr 17, 2023
FY2021 Dec 31, 2020 $84.03M Apr 15, 2022
FY2020 Dec 31, 2019 $79.54M Mar 31, 2021
FY2019 Dec 31, 2018 $69.10M Apr 14, 2020

Total Liabilities

All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $43.44M Mar 31, 2026
FY2025 Dec 31, 2024 $32.13M Mar 31, 2026
FY2024 Sep 30, 2024 $37.86M May 16, 2025
FY2024 Jun 30, 2024 $39.33M May 16, 2025
FY2024 Dec 31, 2023 $50.04M Jul 17, 2025
FY2023 Dec 31, 2022 $56.54M Apr 1, 2024
FY2022 Dec 31, 2021 $51.67M Apr 17, 2023
FY2021 Dec 31, 2020 $45.41M Apr 15, 2022
FY2020 Dec 31, 2019 $48.17M Mar 31, 2021
FY2019 Dec 31, 2018 $44.32M Apr 14, 2020

Stockholders Equity

The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.

Fiscal Year Period End Value Filed
FY2024 Dec 31, 2024 $24.31M Jul 17, 2025
FY2024 Sep 30, 2024 $29.30M May 16, 2025
FY2024 Jun 30, 2024 $29.38M May 16, 2025
FY2024 Dec 31, 2023 $28.23M Jul 17, 2025
FY2023 Dec 31, 2022 $22.43M Apr 1, 2024
FY2022 Dec 31, 2021 $19.75M Apr 17, 2023
FY2021 Dec 31, 2020 $22.16M Apr 15, 2022
FY2020 Dec 31, 2019 $18.96M Mar 31, 2021
FY2019 Dec 31, 2018 $16.30M Apr 14, 2020
FY2018 Dec 31, 2017 $19.65M Apr 24, 2019

Goodwill

An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $856.0K Mar 31, 2026
FY2025 Dec 31, 2024 $856.0K Mar 31, 2026
FY2024 Sep 30, 2024 $1.24M May 16, 2025
FY2024 Jun 30, 2024 $1.24M May 16, 2025
FY2024 Dec 31, 2023 $1.29M Jul 17, 2025
FY2023 Dec 31, 2022 $1.71M Apr 1, 2024
FY2023 Dec 31, 2021 $4.17M Apr 1, 2024
FY2021 Dec 31, 2020 $3.76M Apr 15, 2022
FY2021 Dec 31, 2019 $3.78M Apr 15, 2022
FY2019 Dec 31, 2018 $3.79M Apr 14, 2020

Retained Earnings

Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 ($17.17M) Mar 31, 2026
FY2025 Dec 31, 2024 $7.46M Mar 31, 2026
FY2024 Sep 30, 2024 $12.45M May 16, 2025
FY2024 Jun 30, 2024 $12.63M May 16, 2025
FY2024 Dec 31, 2023 $10.61M Jul 17, 2025
FY2023 Dec 31, 2022 $6.71M Apr 1, 2024
FY2022 Dec 31, 2021 $7.44M Apr 17, 2023
FY2021 Dec 31, 2020 $9.22M Apr 15, 2022
FY2020 Dec 31, 2019 $5.85M Mar 31, 2021
FY2019 Dec 31, 2018 $3.43M Apr 14, 2020

Cash & Equivalents

Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $3.26M Mar 31, 2026
FY2025 Dec 31, 2024 $18.22M Mar 31, 2026
FY2024 Sep 30, 2024 $19.65M May 16, 2025
FY2024 Jun 30, 2024 $21.70M May 16, 2025
FY2024 Dec 31, 2023 $4.49M Jul 17, 2025
FY2023 Dec 31, 2022 $9.35M Apr 1, 2024
FY2022 Dec 31, 2021 $13.47M Apr 17, 2023
FY2021 Dec 31, 2020 $15.97M Apr 15, 2022
FY2020 Dec 31, 2019 $10.46M Mar 31, 2021
FY2019 Dec 31, 2018 $7.11M Apr 14, 2020

Long-Term Debt

Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.

Fiscal Year Period End Value Filed
FY2014 Dec 31, 2014 $6.44M Apr 15, 2015
FY2014 Dec 31, 2013 $4.31M Apr 15, 2015

EPS (Basic)

Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 (1) Mar 31, 2026
FY2025 Dec 31, 2024 0 Mar 31, 2026
FY2024 Sep 30, 2024 0 Jul 17, 2025
FY2024 Jun 30, 2024 0 Jul 17, 2025
FY2024 Dec 31, 2023 0 Jul 17, 2025
FY2024 Sep 30, 2023 0 Jul 17, 2025
FY2024 Jun 30, 2023 0 Jul 17, 2025
FY2023 Dec 31, 2022 0 Apr 1, 2024
FY2022 Dec 31, 2021 0 Apr 17, 2023
FY2021 Dec 31, 2020 0 Apr 15, 2022

EPS (Diluted)

Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 (1) Mar 31, 2026
FY2025 Dec 31, 2024 0 Mar 31, 2026
FY2024 Sep 30, 2024 0 Jul 17, 2025
FY2024 Jun 30, 2024 0 Jul 17, 2025
FY2024 Dec 31, 2023 0 Jul 17, 2025
FY2024 Sep 30, 2023 0 Jul 17, 2025
FY2024 Jun 30, 2023 0 Jul 17, 2025
FY2023 Dec 31, 2022 0 Apr 1, 2024
FY2022 Dec 31, 2021 0 Apr 17, 2023
FY2021 Dec 31, 2020 0 Apr 15, 2022

Shares Outstanding

Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 24.13M Mar 31, 2026
FY2025 Dec 31, 2024 23.45M Mar 31, 2026
FY2024 Dec 31, 2023 23.24M Jul 17, 2025
FY2023 Dec 31, 2022 23.06M Apr 1, 2024
FY2022 Dec 31, 2021 21.32M Apr 17, 2023
FY2021 Dec 31, 2020 21.12M Apr 15, 2022
FY2020 Dec 31, 2019 21.10M Mar 31, 2021
FY2012 Dec 31, 2012 20.46M Apr 2, 2013
FY2012 Dec 31, 2011 20.10M Apr 2, 2013
FY2011 Dec 31, 2010 19.31M Mar 21, 2012