Spruce Power Holding (SPRU) Cost of Revenue (2020 - 2025)
Spruce Power Holding recorded quarterly Cost of Revenue of $7.1 million in Q4 2025, down 5.57% quarter-over-quarter from $7.5 million in Q3 2025, and up 14.28% year-over-year from $6.2 million in Q4 2024.
Spruce Power Holding's Cost of Revenue history runs 6 years deep, the most recent figure standing at $7.1 million for Q4 2025.
- In Q4 2025, Cost of Revenue rose 14.28% year-over-year to $7.1 million; the TTM figure through Dec 2025 stood at $24.0 million (up 15.78% YoY), while the FY2025 annual figure was $29.1 million, up 24.65% from the prior year.
- Cost of Revenue came in at $7.1 million for Q4 2025 at Spruce Power Holding, down from $7.5 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $9.8 million in Q3 2023 to a low of -$2.4 million in Q4 2023.
- A 5-year average of $5.2 million and a median of $6.0 million in 2024 frame the typical range for Cost of Revenue.
- On a YoY basis, Cost of Revenue climbed as much as 396.96% in 2023 and fell as far as 130.52% in 2023.
- Spruce Power Holding's Cost of Revenue stood at $2.7 million in 2021, then soared by 191.91% to $8.0 million in 2022, then tumbled by 130.52% to -$2.4 million in 2023, then soared by 354.27% to $6.2 million in 2024, then advanced by 14.28% to $7.1 million in 2025.
- According to Business Quant data, Cost of Revenue over the past three periods registered $7.1 million, $7.5 million, and $2.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 558.11 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 583.14 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.09 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 48.09 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 242.22 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 178.53 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 99.55 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 160.41 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 1.63 Bn |
| 10 | Spruce Power Holding | 54.20 Mn | -36.52 Mn | 16.96 Mn | 7.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 7.07 Mn |
| Dec 31, 2025 | 7.07 Mn |
| Sep 30, 2025 | 7.49 Mn |
| Sep 30, 2025 | 7.49 Mn |
| Jun 30, 2025 | 2.14 Mn |
| Jun 30, 2025 | 2.14 Mn |
| Mar 31, 2025 | 7.29 Mn |
| Mar 31, 2025 | 7.29 Mn |
| Dec 31, 2024 | 6.19 Mn |
| Dec 31, 2024 | 6.19 Mn |
| Sep 30, 2024 | 5.73 Mn |
| Sep 30, 2024 | 5.73 Mn |
| Jun 30, 2024 | 5.67 Mn |
| Jun 30, 2024 | 5.67 Mn |
| Mar 31, 2024 | 3.13 Mn |
| Mar 31, 2024 | 3.13 Mn |
| Dec 31, 2023 | -2.43 Mn |
| Dec 31, 2023 | -2.43 Mn |
| Sep 30, 2023 | 9.81 Mn |
| Sep 30, 2023 | 9.81 Mn |
| Jun 30, 2023 | 8.59 Mn |
| Jun 30, 2023 | 8.59 Mn |
| Mar 31, 2023 | 7.85 Mn |
| Mar 31, 2023 | 7.85 Mn |
| Dec 31, 2022 | 7.98 Mn |
| Dec 31, 2022 | 7.98 Mn |
| Sep 30, 2022 | 1.97 Mn |
| Sep 30, 2022 | 1.97 Mn |
| Jun 30, 2021 | 2.73 Mn |
| Jun 30, 2021 | 2.73 Mn |
| Mar 31, 2021 | 1.39 Mn |
| Mar 31, 2021 | 1.39 Mn |
| Dec 31, 2020 | 8.88 Mn |
| Dec 31, 2020 | 8.88 Mn |
| Sep 30, 2020 | 5.56 Mn |
| Sep 30, 2020 | 5.56 Mn |
| Jun 30, 2020 | 1.87 Mn |
| Jun 30, 2020 | 1.87 Mn |
| Mar 31, 2020 | 1.28 Mn |
| Mar 31, 2020 | 1.28 Mn |