Spruce Power Holding (SPRU) Cost of Revenue (2020 - 2025)

Spruce Power Holding (SPRU) has reported Cost of Revenue for 6 consecutive years, with $7.1 million the latest figure, recorded in Q4 2025.

• Quarterly Cost of Revenue rose 14.28% year-over-year to $7.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $29.2 million (up 24.88% YoY) and the FY2025 annual result came in at $29.1 million, up 24.65% from the prior year.
• Cost of Revenue fell to $7.1 million in Q4 2025 per SPRU's latest filing, from $7.5 million in the prior quarter.
• Over the last five years, Cost of Revenue for SPRU reached as high as $9.8 million in Q3 2023 and fell as low as -$6.6 million in Q4 2021.
• A 5-year average of $4.8 million and a median of $6.0 million in 2024 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2021 — Cost of Revenue sank 174.69% — and 2023, when it soared 396.96%.
• Year by year, Cost of Revenue stood at -$6.6 million in 2021, then jumped by 220.23% to $8.0 million in 2022, then sank by 130.52% to -$2.4 million in 2023, then jumped by 354.27% to $6.2 million in 2024, then rose 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 $7.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.