Growth Metrics

Spruce Power Holding (SPRU) Free Cash Flow (2019 - 2025)

Spruce Power Holding recorded quarterly Free Cash Flow of -$3.2 million in Q4 2025, down 128.37% quarter-over-quarter from $11.2 million in Q3 2025, and up 76.83% year-over-year from -$1.8 million in Q4 2024.

Spruce Power Holding's Free Cash Flow history runs 7 years deep, the most recent figure standing at -$3.2 million for Q4 2025.

  • In Q4 2025, Free Cash Flow rose 76.83% year-over-year to -$3.2 million; the TTM figure through Dec 2025 stood at -$3.6 million (up 91.4% YoY), while the FY2025 annual figure was -$3.6 million, up 91.4% from the prior year.
  • Free Cash Flow came in at -$3.2 million for Q4 2025 at Spruce Power Holding, down from $11.2 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $11.2 million in Q3 2025 to a low of -$33.4 million in Q4 2022.
  • A 5-year average of -$8.7 million and a median of -$9.3 million in 2023 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow tumbled 3300.0% in 2024 and jumped 1350.33% in 2025, its largest moves.
  • Spruce Power Holding's Free Cash Flow stood at $5.3 million in 2021, then tumbled by 729.19% to -$33.4 million in 2022, then jumped by 52.06% to -$16.0 million in 2023, then increased by 14.29% to -$13.7 million in 2024, then surged by 76.83% to -$3.2 million in 2025.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$3.2 million, $11.2 million, and -$2.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn -333.40 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 123.32 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 201.34 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 90.83 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -1.73 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 10.21 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -41.78 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -36.93 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -
10 Spruce Power Holding 54.20 Mn -36.52 Mn 16.96 Mn -3.18 Mn

Historic Data

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DateValue
Dec 31, 2025 -3.18 Mn
Dec 31, 2025 -3.18 Mn
Sep 30, 2025 11.20 Mn
Sep 30, 2025 11.20 Mn
Jun 30, 2025 -2.46 Mn
Jun 30, 2025 -2.46 Mn
Mar 31, 2025 -9.19 Mn
Mar 31, 2025 -9.19 Mn
Dec 31, 2024 -13.72 Mn
Dec 31, 2024 -13.72 Mn
Sep 30, 2024 -896,000.00
Sep 30, 2024 -896,000.00
Jun 30, 2024 -5.30 Mn
Jun 30, 2024 -5.30 Mn
Mar 31, 2024 -22.25 Mn
Mar 31, 2024 -22.25 Mn
Dec 31, 2023 -16.00 Mn
Dec 31, 2023 -16.00 Mn
Sep 30, 2023 28,000.00
Sep 30, 2023 28,000.00
Jun 30, 2023 -9.46 Mn
Jun 30, 2023 -9.46 Mn
Mar 31, 2023 -6.77 Mn
Mar 31, 2023 -6.77 Mn
Dec 31, 2022 -33.39 Mn
Dec 31, 2022 -33.39 Mn
Sep 30, 2022 -7.77 Mn
Sep 30, 2022 -7.77 Mn
Jun 30, 2022 -11.83 Mn
Jun 30, 2022 -11.83 Mn
Mar 31, 2022 -10.50 Mn
Mar 31, 2022 -10.50 Mn
Dec 31, 2021 5.31 Mn
Dec 31, 2021 5.31 Mn
Sep 30, 2021 -14.81 Mn
Sep 30, 2021 -14.81 Mn
Jun 30, 2021 -11.25 Mn
Jun 30, 2021 -11.25 Mn
Mar 31, 2021 -11.07 Mn
Mar 31, 2021 -11.07 Mn
Dec 31, 2020 -6.78 Mn
Dec 31, 2020 -6.78 Mn
Sep 30, 2020 -5.30 Mn
Sep 30, 2020 -5.30 Mn
Jun 30, 2020 -3.35 Mn
Jun 30, 2020 -3.35 Mn
Mar 31, 2020 -4.61 Mn
Mar 31, 2020 -4.61 Mn
Dec 31, 2019 -624,353.00
Dec 31, 2019 -624,353.00
Sep 30, 2019 -319,728.00
Sep 30, 2019 -319,728.00
Jun 30, 2019 -79.00
Jun 30, 2019 -79.00