SPAR Group Reports Q2 2025 Results: Revenues Up 5% YoY, Gross Profit Dollars and Margins Increase

SPAR Group reported Q2 2025 revenues of $38.6 million, a 13.5% sequential increase and a 5% YoY increase for the continuing US and Canada businesses. Consolidated gross margin was 23.5%, up from 21.4% in Q1 and 20.6% in the prior year period. Net income was essentially break-even, and adjusted EBITDA was $1.3 million, or 3.4% of sales. The company has a solid balance sheet and available liquidity of over $15 million.