Growth Metrics

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

Spruce Power Holding's Gross Margin history spans 6 years, with the latest figure at 75.62% for Q3 2025.

  • For Q3 2025, Gross Margin rose 242.0% year-over-year to 75.62%; the TTM value through Sep 2025 reached 84.29%, up 892.0%, while the annual FY2024 figure was 71.53%, 136.0% up from the prior year.
  • Gross Margin for Q3 2025 was 75.62% at Spruce Power Holding, up from 67.8% in the prior quarter.
  • Across five years, Gross Margin topped out at 125.33% in Q4 2024 and bottomed at 106.07% in Q1 2021.
  • The 5-year median for Gross Margin is 59.47% (2022), against an average of 48.41%.
  • The largest annual shift saw Gross Margin crashed -10185bps in 2021 before it skyrocketed 12845bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 21.56% in 2021, then tumbled by -160bps to 12.94% in 2022, then skyrocketed by 992bps to 115.5% in 2023, then grew by 9bps to 125.33% in 2024, then crashed by -40bps to 75.62% in 2025.
  • Per Business Quant, the three most recent readings for SPRU's Gross Margin are 75.62% (Q3 2025), 67.8% (Q2 2025), and 83.64% (Q1 2025).