SPAR Group Issues FY26 Guidance: Net Sales $143-$151M, Gross Margin 20.5%-22.5%

SPAR Group has issued fiscal year 2026 financial guidance, with expected net sales of $143-$151 million, a gross margin of 20.5%-22.5%, and SG&A expenses of $25.5-$26.5 million. The company believes its strong business pipeline and favorable service mix will support continued revenue growth and gross margin expansion. SPAR has also taken steps to reduce costs and improve operating efficiency, and is exploring AI to unlock new revenue opportunities and impact operating margins in 2027 and beyond.