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STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**WASHINGTON, D.C. 20549**\n\n**________________**\n\n**FORM 10-Q**\n\n**(Mark One)**\n\n☒     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the first quarterly period ended** March 31, 2026**\n\nOR\n\n☐     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from __________ to __________.\n\n \n\nCommission file number 0-27408\n\n**SPAR GROUP, INC.**\n(Exact name of Registrant as specified in its charter)\n\n \n\n**Delaware**\n\n**33-0684451**\n\n(State or other jurisdiction of incorporation or organization)\n\n(I.R.S. Employer Identification No.)\n\n**  **\n\n**  **\n\n**110 East Boulevard, Suite 1600**\n\n**Charlotte, North Carolina**\n\n**28203**\n\n(Address of principal executive offices)\n\n(Zip Code)\n\n \n\nRegistrant's telephone number, including area code: (704) 837-1651\n\n \n\nIndicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding twelve months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes  ☒   No  ☐\n\n \n\nIndicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files)  Yes  ☒****  No  ☐\n\n \n\nIndicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of \"large accelerated filer\", \"accelerated filer\", \"smaller reporting company,\" and \"emerging growth company\" in Rule 12b-2 of the Exchange Act.). (Check one):\n\n \n\nLarge Accelerated Filer ☐    Accelerated Filer ☐ \n\n  \n\nNon-Accelerated Filer  ☒ Smaller reporting company ☒\n\n  \n\nEmerging Growth Company ☐ \n\n \n\nIf an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐\n\n \n\nIndicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.) Yes ☐ No ☒\n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\n**Title of each class**\n\n**Trading**\n\n**Symbol(s)**\n\n**Name of each exchange on which registered**\n\nCommon stock, par value $0.01 per share\n\nSGRP\n\nThe NASDAQ Stock Market LLC\n\n \n\nAs of May 5, 2026, the Registrant had 25,129,991 shares of common stock, par value $0.01 per share, outstanding.\n\n \n\n \n\n \n\n  \n\n \n\n**SPAR Group, Inc.**\n\n \n\nIndex\n\n \n\n**PART I:**\n**FINANCIAL INFORMATION**"}