Spruce Power Holding (SPRU) Gross Margin (2020 - 2026)
Spruce Power Holding's (SPRU) quarterly Gross Margin came in at 76.1% in Q2 2026, down 197.0% year-over-year from 78.46% in Q2 2025, and up 7.85% quarter-over-quarter from 70.56% in Q4 2025.
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Spruce Power Holding (SPRU) Gross Margin (2020 - 2026) Analysis & Trends
Spruce Power Holding has disclosed Gross Margin across 7 years of filings, most recently posting 76.1% for Q2 2026.
- In Q2 2026, Gross Margin fell 197.0% year-over-year to 76.1%; the TTM figure through Jun 2026 stood at 75.41% (down 521.0% YoY), while the FY2025 annual figure was 73.94%, up 241.0% from the prior year.
- Gross Margin came in at 76.1% for Q2 2026 at Spruce Power Holding, up from 70.56% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 125.33% in Q4 2024 to a low of 26.4% in Q4 2023.
- Average Gross Margin over 5 years is 65.1%, with a median of 61.14% recorded in 2022.
- Year-over-year, Gross Margin surged 9893 bps in 2024 and plunged 5477 bps in 2025.
- Over 5 years, Gross Margin stood at 55.97% in 2022, then sank by 53 bps to 26.4% in 2023, then soared by 375 bps to 125.33% in 2024, then slumped by 44 bps to 70.56% in 2025, then rose by 8 bps to 76.1% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 76.1% in Q2 2026, 70.56% in Q4 2025, and 75.62% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.38 Bn | 28.06 Bn | 2.59 Bn | 54.81% |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.24 Bn | 117.49 Mn | 70.78% |
| 3 | Brookfield Renewable Partners | 7.85 Bn | 784.43 Mn | 927.00 Mn | 54.21% |
| 4 | Ormat Technologies | 6.08 Bn | 5.42 Bn | 68.70 Mn | 26.55% |
| 5 | Clearway Energy | 3.54 Bn | 3.20 Bn | 332.00 Mn | 69.02% |
| 6 | ReNew Energy Global | 2.50 Bn | 2.11 Bn | - | - |
| 7 | XPLR Infrastructure | 1.11 Bn | 1.11 Bn | 219.00 Mn | 60.33% |
| 8 | Ellomay Capital | 272.90 Mn | 82.77 Mn | 3.55 Mn | 24.60% |
| 9 | Eco Wave Power Global AB (publ) | 263.98 Mn | 255.83 Mn | - | - |
| 10 | Spruce Power Holding | 32.40 Mn | -49.14 Mn | 23.10 Mn | 76.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.10% |
| Dec 31, 2025 | 70.56% |
| Sep 30, 2025 | 75.62% |
| Jun 30, 2025 | 78.08% |
| Mar 31, 2025 | 69.35% |
| Dec 31, 2024 | 125.33% |
| Sep 30, 2024 | 54.83% |
| Jun 30, 2024 | 54.90% |
| Mar 31, 2024 | 51.51% |
| Dec 31, 2023 | 26.40% |
| Sep 30, 2023 | 57.81% |
| Jun 30, 2023 | 62.33% |
| Mar 31, 2023 | 56.60% |
| Dec 31, 2022 | 55.97% |
| Sep 30, 2022 | 61.14% |
| Dec 31, 2021 | 21.56% |
| Sep 30, 2021 | 21.56% |
| Jun 30, 2021 | 26.04% |
| Mar 31, 2021 | -106.07% |
| Dec 31, 2020 | 18.27% |