Growth Metrics

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

Spruce Power Holding has reported Gross Margin over the past 6 years, most recently at 70.56% for Q4 2025.

  • Quarterly Gross Margin rose 116.0% to 70.56% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 78.55% through Dec 2025, up 370.0% year-over-year, with the annual reading at 73.94% for FY2025, 241.0% up from the prior year.
  • Gross Margin was 70.56% for Q4 2025 at Spruce Power Holding, down from 75.62% in the prior quarter.
  • Over five years, Gross Margin peaked at 115.5% in Q4 2023 and troughed at 106.07% in Q1 2021.
  • The 5-year median for Gross Margin is 65.86% (2023), against an average of 54.55%.
  • Biggest five-year swings in Gross Margin: crashed -10185bps in 2021 and later surged 5953bps in 2023.
  • Tracing SPRU's Gross Margin over 5 years: stood at 21.56% in 2021, then surged by 160bps to 55.97% in 2022, then surged by 106bps to 115.5% in 2023, then plummeted by -40bps to 69.4% in 2024, then increased by 2bps to 70.56% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 70.56%, 75.62%, and 93.57% for Q4 2025, Q3 2025, and Q2 2025 respectively.