Spruce Power Holding (SPRU) FCF Margin (2020 - 2025)

Spruce Power Holding (SPRU) posted quarterly FCF Margin of 13.75% for Q4 2025, up 5364.0% year-on-year from 0.25% in Q4 2024, and down 137.7% on a QoQ basis from 36.46% in Q3 2025.

Spruce Power Holding (SPRU) FCF Margin (2020 - 2025) Analysis & Trends

Spruce Power Holding (SPRU) has reported FCF Margin for 6 consecutive years, with 13.75% the latest figure, recorded in Q4 2025.

  • Quarterly FCF Margin rose 5364.0% year-over-year to 13.75% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 3.35% (up 4783.0% YoY) and the FY2025 annual result came in at 3.35%, up 4800.0% from the prior year.
  • FCF Margin fell to 13.75% in Q4 2025 per SPRU's latest filing, from 36.46% in the prior quarter.
  • Over the last five years, FCF Margin for SPRU reached as high as 36.46% in Q3 2025 and fell as low as 1639.41% in Q1 2021.
  • A 5-year average of 180.55% and a median of 56.53% in 2023 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2021 — FCF Margin slumped 126562 bps — and 2022, when it soared 30995 bps.
  • Year by year, FCF Margin stood at 70.1% in 2021, then slumped by 163 bps to 184.3% in 2022, then jumped by 38 bps to 114.33% in 2023, then soared by 41 bps to 67.39% in 2024, then surged by 80 bps to 13.75% in 2025.
  • According to Business Quant data, FCF Margin over the past three periods registered 13.75%, 36.46%, and 7.34% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -31.93%
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 14.00%
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 32.11%
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -0.56%
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 1.41%
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -34.93%
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 16.54%
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -16.53%
10 Spruce Power Holding 38.83 Mn -54.32 Mn 16.96 Mn -13.75%

Historic Data

Download Data
DateValue
Dec 31, 2025 -13.75%
Sep 30, 2025 36.46%
Jun 30, 2025 -7.34%
Mar 31, 2025 -38.67%
Dec 31, 2024 -67.39%
Sep 30, 2024 -4.60%
Jun 30, 2024 -23.50%
Mar 31, 2024 -121.78%
Dec 31, 2023 -114.33%
Sep 30, 2023 9.40%
Jun 30, 2023 -44.41%
Mar 31, 2023 -45.66%
Dec 31, 2022 -184.30%
Sep 30, 2022 -152.99%
Dec 31, 2021 -70.10%
Sep 30, 2021 -462.94%
Jun 30, 2021 -304.60%
Mar 31, 2021 -1,639.41%
Dec 31, 2020 -62.37%
Sep 30, 2020 -83.72%