Spruce Power Holding (SPRU) EBITDA Margin (2020 - 2025)
Spruce Power Holding's (SPRU) quarterly EBITDA Margin came in at 9.77% in Q4 2025, up 1047.0% year-on-year from 0.85% in Q4 2024, and down 81.21% quarter-over-quarter from 52.02% in Q3 2025.
Spruce Power Holding (SPRU) EBITDA Margin (2020 - 2025) Analysis & Trends
Spruce Power Holding has disclosed EBITDA Margin across 6 years of filings, most recently posting 9.77% for Q4 2025.
- EBITDA Margin for Q4 2025 came in at 9.77%, up 1047.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 23.02% (up 6959.0% YoY), and the FY2025 annual result was 16.31%, up 4919.0% from the prior year.
- EBITDA Margin came in at 9.77% for Q4 2025 at Spruce Power Holding, down from 52.02% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 52.02% in Q3 2025 to a low of 1494.22% in Q1 2021.
- The 5-year median for EBITDA Margin is 36.66% (2024), against an average of 182.66%.
- Across the five-year window, EBITDA Margin sank 120550 bps in 2021 and jumped 37057 bps in 2023, its largest moves.
- Spruce Power Holding's EBITDA Margin stood at 118.71% in 2021, then climbed by 16 bps to 100.1% in 2022, then surged by 46 bps to 54.21% in 2023, then soared by 99 bps to 0.7% in 2024, then soared by 1502 bps to 9.77% in 2025.
- The last three EBITDA Margin figures came in at 9.77% (Q4 2025), 52.02% (Q3 2025), and 27.08% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 33.07% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 17.44% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -10.48% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -17.73% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -6.02% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 7.06% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 4.26% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -4.78% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -9.56% |
| 10 | Spruce Power Holding | 52.76 Mn | -37.96 Mn | 16.96 Mn | 9.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 9.77% |
| Sep 30, 2025 | 52.02% |
| Jun 30, 2025 | 27.08% |
| Mar 31, 2025 | -6.69% |
| Dec 31, 2024 | -0.70% |
| Sep 30, 2024 | -147.16% |
| Jun 30, 2024 | -14.50% |
| Mar 31, 2024 | -19.12% |
| Dec 31, 2023 | -54.21% |
| Sep 30, 2023 | -105.45% |
| Jun 30, 2023 | -4.26% |
| Mar 31, 2023 | -15.57% |
| Dec 31, 2022 | -100.10% |
| Sep 30, 2022 | -476.02% |
| Dec 31, 2021 | -118.71% |
| Sep 30, 2021 | -477.16% |
| Jun 30, 2021 | -342.96% |
| Mar 31, 2021 | -1,494.22% |
| Dec 31, 2020 | -18.02% |
| Sep 30, 2020 | -97.71% |