Spruce Power Holding SPRU
NYSE SPRU
$1.95 +0.09 (+4.84%)
At close: Aug 21, 2026 · 4:00 PM EDT

Spruce Power Holding (SPRU) Cost of Revenue (2020 - 2026)

Spruce Power Holding (SPRU) posted Cost of Revenue of $7.1 million for Q4 2025, down 5.57% sequentially from $7.5 million in Q3 2025, and up 14.28% YoY from $6.2 million in Q4 2024.

Spruce Power Holding (SPRU) Cost of Revenue (2020 - 2026) Analysis & Trends

Spruce Power Holding has reported Cost of Revenue for 6 years, with the latest figure at $7.1 million 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 slipped to $7.1 million in Q4 2025 per SPRU's latest filing, from $7.5 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $9.8 million in Q3 2023 and troughed at -$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.
  • The sharpest annual moves came in 2021 and 2023: Cost of Revenue sank 174.69% in 2021, then jumped 396.96% in 2023.
  • Over 5 years, Cost of Revenue stood at -$6.6 million in 2021, then jumped by 220.23% to $8.0 million in 2022, then plunged by 130.52% to -$2.4 million in 2023, then jumped by 354.27% to $6.2 million in 2024, then climbed 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 First Solar 23.03 Bn 21.30 Bn 605.00 Mn 451.19 Mn
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn 599.32 Mn
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn 116.84 Mn
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn 342.45 Mn
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn 251.09 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 113.85 Mn
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn 1.09 Bn
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn 1.63 Bn
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn 242.46 Mn
10 Spruce Power Holding 35.94 Mn -45.61 Mn 23.10 Mn 7.25 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 7.25 Mn
Jun 30, 2026 7.25 Mn
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 7.30 Mn
Jun 30, 2025 7.30 Mn
Mar 31, 2025 7.30 Mn
Mar 31, 2025 7.30 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 5.70 Mn
Jun 30, 2024 5.70 Mn
Mar 31, 2024 5.74 Mn
Mar 31, 2024 5.74 Mn
Dec 31, 2023 -2.43 Mn
Dec 31, 2023 -2.43 Mn