SPAR Group, Inc. reported financial and operating results for the three and nine months ended September 30, 2025.
The company's strategic imperatives for 2026 include driving revenue growth, reducing costs, and focusing on cash generation.
Leadership is aligned around a vision of growth and transformation into a leaner, profit-driven organization.
Revenue Growth
Combined U.S. and Canada net revenues were up 28.2% over the third quarter of the previous year.
Cost Reduction
Focused on reducing senior team leadership costs, management layers, and non-revenue-generating costs.
Technology Integration
Accelerating the use of technology and AI to transform the company's go-to-market strategy.
Margin Improvement
Prioritizing building a structurally higher-margin business to deliver strong cash flow and long-term shareholder value.
- The revenue mix in the second half of 2025 weighed on margins due to a higher proportion of remodeling work.
- Adjusted business development initiatives in 2026 target addressing lower-margin sales mix and creating a leaner cost structure.
- The Company is working towards sustaining positive cash flow and disciplined working capital management.
SPAR Group, Inc. is focused on driving growth, reducing costs, and improving margins to create a leaner, profit-driven organization in the upcoming year.