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

Spruce Power Holding's (SPRU) quarterly FCF Margin came in at 13.23% in Q4 2025, up 5459.0% year-on-year from 0.24% in Q4 2024, and down 136.28% quarter-over-quarter from 36.46% in Q3 2025.

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

Spruce Power Holding has disclosed FCF Margin across 6 years of filings, most recently posting 13.23% for Q4 2025.

  • FCF Margin for Q4 2025 came in at 13.23%, up 5459.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 3.24% (up 4795.0% YoY), and the FY2025 annual result was 3.24%, up 4811.0% from the prior year.
  • FCF Margin came in at 13.23% for Q4 2025 at Spruce Power Holding, down from 36.46% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 36.46% in Q3 2025 to a low of 1639.41% in Q1 2021.
  • The 5-year median for FCF Margin is 54.65% (2023), against an average of 179.73%.
  • Across the five-year window, FCF Margin slumped 126562 bps in 2021 and surged 30995 bps in 2022, its largest moves.
  • Spruce Power Holding's FCF Margin stood at 70.1% in 2021, then sank by 163 bps to 184.3% in 2022, then surged by 45 bps to 101.93% in 2023, then soared by 33 bps to 67.82% in 2024, then jumped by 80 bps to 13.23% in 2025.
  • The last three FCF Margin figures came in at 13.23% (Q4 2025), 36.46% (Q3 2025), and 7.4% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn -31.93%
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 14.00%
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 32.11%
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -0.56%
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 1.41%
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -29.72%
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -16.53%
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -37.55%
10 Spruce Power Holding 52.76 Mn -37.96 Mn 16.96 Mn -13.23%

Historic Data

Download Data
DateValue
Dec 31, 2025 -13.23%
Sep 30, 2025 36.46%
Jun 30, 2025 -7.40%
Mar 31, 2025 -38.59%
Dec 31, 2024 -67.82%
Sep 30, 2024 -4.19%
Jun 30, 2024 -23.57%
Mar 31, 2024 -121.69%
Dec 31, 2023 -101.93%
Sep 30, 2023 0.12%
Jun 30, 2023 -41.49%
Mar 31, 2023 -37.43%
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%