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

Spruce Power Holding has disclosed Cost of Revenue across 6 years of filings, most recently posting $7.1 million for Q4 2025.

• Cost of Revenue for Q4 2025 came in at $7.1 million, up 14.28% year-over-year; the trailing twelve-month figure through Dec 2025 was $24.0 million (up 15.78% YoY), and the FY2025 annual result 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.
• The 5-year median for Cost of Revenue is $6.0 million (2024), against an average of $5.2 million.
• Peak annual rise in Cost of Revenue reached 396.96% in 2023, while the deepest fall reached 130.52% in 2023.
• Spruce Power Holding's Cost of Revenue stood at $2.7 million in 2021, then surged by 191.91% to $8.0 million in 2022, then plunged by 130.52% to -$2.4 million in 2023, then surged by 354.27% to $6.2 million in 2024, then gained by 14.28% to $7.1 million in 2025.
• The last three Cost of Revenue figures came in at $7.1 million (Q4 2025), $7.5 million (Q3 2025), and $2.1 million (Q2 2025), per Business Quant data.