Spruce Power Holding (SPRU) Change in Receivables (2020 - 2025)
Spruce Power Holding (SPRU) posted quarterly Change in Receivables of -$2.6 million for Q4 2025, down 9688.89% year-on-year from $27000.0 in Q4 2024, and down 95.69% on a QoQ basis from -$1.3 million in Q3 2025.
Spruce Power Holding (SPRU) Change in Receivables (2020 - 2025) Analysis & Trends
Spruce Power Holding (SPRU) has reported Change in Receivables for 6 consecutive years, with -$2.6 million the latest figure, recorded in Q4 2025.
- Quarterly Change in Receivables fell 9688.89% year-over-year to -$2.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.0 million (down 41.55% YoY) and the FY2025 annual result came in at $2.0 million, down 41.55% from the prior year.
- Change in Receivables eased to -$2.6 million in Q4 2025 per SPRU's latest filing, from -$1.3 million in the prior quarter.
- Over the last five years, Change in Receivables for SPRU reached as high as $10.9 million in Q4 2021 and fell as low as -$5.3 million in Q4 2023.
- A 5-year average of $271777.8 and a median of -$23500.0 in 2023 frame the typical range for Change in Receivables.
- Annual changes were most pronounced in 2021 — Change in Receivables jumped 161.61% — and 2025, when it tumbled 9688.89%.
- Year by year, Change in Receivables stood at $10.9 million in 2021, then sank by 114.88% to -$1.6 million in 2022, then slumped by 224.34% to -$5.3 million in 2023, then soared by 100.51% to $27000.0 in 2024, then slumped by 9688.89% to -$2.6 million in 2025.
- According to Business Quant data, Change in Receivables over the past three periods registered -$2.6 million, -$1.3 million, and $667000.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 85.76 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -41.56 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -43.56 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -22.09 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 412,000.00 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | - |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | - |
| 10 | Spruce Power Holding | 38.83 Mn | -54.32 Mn | 16.96 Mn | -2.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.59 Mn |
| Dec 31, 2025 | -2.59 Mn |
| Sep 30, 2025 | -1.32 Mn |
| Sep 30, 2025 | -1.32 Mn |
| Jun 30, 2025 | 667,000.00 |
| Jun 30, 2025 | 667,000.00 |
| Mar 31, 2025 | 5.29 Mn |
| Mar 31, 2025 | 5.29 Mn |
| Dec 31, 2024 | 27,000.00 |
| Dec 31, 2024 | 27,000.00 |
| Sep 30, 2024 | -1.19 Mn |
| Sep 30, 2024 | -1.19 Mn |
| Jun 30, 2024 | 2.36 Mn |
| Jun 30, 2024 | 2.36 Mn |
| Mar 31, 2024 | 2.29 Mn |
| Mar 31, 2024 | 2.29 Mn |
| Dec 31, 2023 | -5.25 Mn |
| Dec 31, 2023 | -5.25 Mn |
| Sep 30, 2023 | -74,000.00 |
| Sep 30, 2023 | -74,000.00 |