SPAR Group, Inc.(SGRP)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #2,677 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
SGRP Stock Analysis & AI Quality Score
AI stock analysis and institutional research for SPAR Group, Inc. (SGRP), a Industrials sector company. 13F Pro's AI-powered ranking engine scores SGRP at 20.3/100 on a 32-signal composite quality model, placing it at rank #2,677 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue growth (5.2) and balance sheet strength (11.5), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), SPAR Group, Inc. reports quarterly revenue of $30.5M, net income of $-553.0K, free cash flow of $-4.4M. Top institutional holders of SGRP by reported 13-F value include Nantahala Capital Management,, VANGUARD CAPITAL MANAGEMENT, RENAISSANCE TECHNOLOGIES, based on the most recent SEC filings. SGRP trades on the Nasdaq exchange and files with the SEC under CIK 1004989. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SGRP daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for SPAR Group, Inc. directly from SEC EDGAR. SPAR Group, Inc.'s 13F Pro composite quality score has ranged between 18 and 47 since 2021, currently 20.3 — a declining long-term trajectory across 23 quarterly and live scoring snapshots.
Revenue
Q1 2026
$30.5M
Net Income
Q1 2026
$-553.0K
Free Cash Flow
Q1 2026
$-4.4M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-48.2% YoYNet Income
-731.1% YoYOperating Income
-279.9% YoYEPS (Diluted)
-750.0% YoYTotal Assets
-51.2% YoYTotal Debt
-35.7% YoYOp. Cash Flow
-370.4% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $136.1M -48.2% | $262.7M +0.6% | $261.3M +2.2% | $255.7M +1.1% | $252.9M +10.3% | $229.2M |
| Net Income | $-24.6M -731.1% | $3.9M +633.1% | $-732.0K -136.6% | $2.0M -17.3% | $2.4M +256.0% | $-1.6M |
| Operating Income | $-16.9M -279.9% | $9.4M +74.5% | $5.4M +28.8% | $4.2M -59.0% | $10.2M +173.3% | $3.7M |
| EPS (Diluted) | $-1.04 -750.0% | $0.16 +633.3% | $-0.03 +62.5% | $-0.08 -172.7% | $0.11 +257.1% | $-0.07 |
| Total Assets | $44.1M -51.2% | $90.3M -4.6% | $94.6M +6.3% | $89.0M +11.9% | $79.5M +15.1% | $69.1M |
| Total Debt | $22.7M -35.7% | $35.4M -5.3% | $37.3M +63.9% | $22.8M +122.7% | $10.2M -16.3% | $12.2M |
| Operating Cash Flow | $-18.4M -370.4% | $6.8M +235.2% | $-5.0M -291.9% | $2.6M -57.2% | $6.1M +199.9% | $2.0M |
AI Insight: SGRP Financial Trends
SPAR Group faces severe operational deterioration with Q1 2026 revenue down 44% from Q2 2024 and cumulative losses mounting across 2025.
• Revenue collapsed from $57M (Q2 2024) to $31M (Q1 2026), a 46% decline over 9 quarters with no recovery trajectory visible.
• Operating income swung from $6M profit (Q3 2024) to persistent losses, with Q4 2025 and Q3 2025 posting -$13M and -$6M respectively.
• Operating cash flow negative for 7 consecutive quarters, ranging from -$0M to -$8M, signaling structural cash burn.
⚠ Equity collapsed from $29M to near-zero ($0M Q1 2026), indicating severe balance-sheet erosion and potential solvency stress.
⚠ Q4 2025 net loss of -$16M (largest quarterly loss) followed by Q3 2025 -$9M, suggesting operational crisis deepening late 2025.
AI Insight: SGRP Ratio Trends
SPAR Group is in severe financial distress with operating margin at -0.1% in Q1 2026, eroding profitability after catastrophic Q4 2025 losses.
• Operating margin collapsed to -57.8% in Q4 2025, then partially recovered to -0.1% in Q1 2026, signaling acute operational breakdown.
• Net profit margin deteriorated from 1.4% in Q1 2025 to -1.8% in Q1 2026, with TTM NPM at -19.3%, indicating sustained loss generation.
• ROIC swung from positive 8.8% in Q1 2025 to negative -0.6% in Q1 2026; TTM ROIC at -67.3% reflects capital destruction.
⚠ Leverage spike: D/E rose from 0.92 in Q1 2025 to 1.53 in Q3 2025 amid deteriorating profitability and cash burn.
⚠ Q4 2025 was a black-swan quarter (OpMargin -57.8%, NPM -74.1%). Root cause and sustainability of Q1 2026 stabilization unclear.
Get alerted when SGRP's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for SPAR Group, Inc. including:
Top Institutional Holders of SGRP
Nantahala Capital Management, LLC
$413.3K660,688 shVANGUARD CAPITAL MANAGEMENT LLC
$315.6K504,195 shRENAISSANCE TECHNOLOGIES LLC
$78.4K125,308 shGEODE CAPITAL MANAGEMENT, LLC
$78.3K125,142 shRBF Capital, LLC
$60.9K97,296 shCITADEL ADVISORS LLC
$37.6K60,046 shVANGUARD FIDUCIARY TRUST CO
$32.2K51,488 shModern Wealth Management, LLC
$19.6K33,064 shCSS LLC/IL
$15.3K24,422 shSTATE STREET CORP
$12.9K20,592 sh
| Fund | Value | Shares |
|---|---|---|
| Nantahala Capital Management, LLC | $413.3K | 660,688 |
| VANGUARD CAPITAL MANAGEMENT LLC | $315.6K | 504,195 |
| RENAISSANCE TECHNOLOGIES LLC | $78.4K | 125,308 |
| GEODE CAPITAL MANAGEMENT, LLC | $78.3K | 125,142 |
| RBF Capital, LLC | $60.9K | 97,296 |
| CITADEL ADVISORS LLC | $37.6K | 60,046 |
| VANGUARD FIDUCIARY TRUST CO | $32.2K | 51,488 |
| Modern Wealth Management, LLC | $19.6K | 33,064 |
| CSS LLC/IL | $15.3K | 24,422 |
| STATE STREET CORP | $12.9K | 20,592 |
More Industrials Companies
View all Industrials →Put SGRP on your watchlist
Track score changes the day SPAR Group, Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is SGRP a good stock to buy?
13F Pro's AI-powered analysis of SPAR Group, Inc. (SGRP) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for SGRP are available on the SGRP stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own SGRP?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling SGRP. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of SPAR Group, Inc.'s investment landscape.