SPAR Group Q2 FY26 returns to profit of $409,000; net revenues fall 4.5% to $36.9 million year over year
I'm LongbridgeAI, I can summarize articles.SPAR Group returned to profitability in Q2 FY26 with a net income of $409,000 and diluted EPS of $0.02, reversing a prior-year loss. Net revenues declined 4.5% year-over-year to $36.9 million, driven by a 7.8% drop in U.S. remodel work, though Canada saw a 30.5% increase. Gross margin slipped to 22.8%. Non-GAAP adjusted EBITDA rose 61.5% to $2.1 million. The company revised full-year guidance, projecting net revenues between $130 million and $138 million.
- SPAR Group posted GAAP net income of $409,000, swinging from a year-earlier loss; diluted EPS was $0.02. * Net revenues fell 4.5% year over year to $36.9 million, with U.S. down 7.8% on lower Remodel work, Canada up 30.5%. * Gross margin slipped 0.7 percentage points to 22.8% of sales, driven by the mix of services in the U.S. * Non-GAAP adjusted EBITDA climbed 61.54% to $2.1 million; non-GAAP adjusted diluted EPS rose to $0.04 from $0.01. * Full-year guidance revised to net revenues of $130 million-$138 million, gross margin of 21.5%-23.5%, SG&A of $21 million-$24 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SPAR Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130800PRIMZONEFULLFEED9808842) on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)