Spruce Power Holding (SPRU) Gross Margin (2020 - 2026)
Spruce Power Holding (SPRU) posted Gross Margin of 67.84% for Q2 2026, down 10.24 percentage points from 78.08% a year earlier.
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Analysis
Spruce Power Holding (SPRU) Gross Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Spruce Power Holding was 70.14%, up 17.67 percentage points year-over-year; for FY2025, it was 65.21%, up 13.89 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +51.71 percentage points (FY2020 to FY2025).
- In prior years, Spruce Power Holding's Gross Margin was 51.31% in FY2024 (-1.34 pp), 52.65% in FY2023 (-4.45 pp) and 57.11% in FY2022.
- Quarterly Gross Margin has run from a low of 21.56% in Q3 2021 to a high of 78.08% in Q2 2025 over five years.
- On a year-over-year basis, Gross Margin increased in four of the last seven quarters, with an average year-over-year change of +4.57 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2022, with a gain of 39.58 percentage points; the weakest was Q4 2023, with a drop of 29.57 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 99.25 Bn | 90.15 Bn | - | - |
| 2 | Vistra | 45.00 Bn | 38.18 Bn | - | - |
| 3 | AXIA Energia | 25.07 Bn | 12.05 Bn | 2.59 Bn | 54.81% |
| 4 | Nrg Energy | 20.48 Bn | 14.70 Bn | 2.01 Bn | 26.88% |
| 5 | Talen Energy | 17.28 Bn | 15.00 Bn | - | - |
| 6 | Enlight Renewable Energy | 8.62 Bn | 4.92 Bn | 124.81 Mn | 66.85% |
| 7 | Brookfield Renewable Partners | 7.93 Bn | -20.71 Bn | - | - |
| 8 | Ormat Technologies | 5.82 Bn | 4.15 Bn | 77.38 Mn | 28.12% |
| 9 | Oklo | 4.73 Bn | -2.09 Bn | - | - |
| 10 | Spruce Power Holding | 28.49 Mn | -174.68 Mn | 20.59 Mn | 67.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.84% |
| Dec 31, 2025 | 62.72% |
| Sep 30, 2025 | 69.61% |
| Jun 30, 2025 | 78.08% |
| Mar 31, 2025 | 22.41% |
| Dec 31, 2024 | 43.27% |
| 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% |
| Sep 30, 2021 | 21.56% |
| Jun 30, 2021 | 26.04% |
| Mar 31, 2021 | -106.07% |
| Dec 31, 2020 | 18.27% |
| Sep 30, 2020 | 12.12% |
API Access
Spruce Power Holding Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SPRU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SPRU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SPRU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();