Spruce Power Holding (SPRU) Gross Profit (2020 - 2025)
Spruce Power Holding (SPRU) posted quarterly Gross Profit of $17.0 million for Q4 2025, up 20.79% year-on-year from $14.0 million in Q4 2024, and down 27.03% on a QoQ basis from $23.2 million in Q3 2025.
Spruce Power Holding (SPRU) Gross Profit (2020 - 2025) Analysis & Trends
Spruce Power Holding (SPRU) has reported Gross Profit for 6 consecutive years, with $17.0 million the latest figure, recorded in Q4 2025.
- Quarterly Gross Profit rose 20.79% year-over-year to $17.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $82.6 million (up 40.04% YoY) and the FY2025 annual result came in at $82.7 million, up 40.77% from the prior year.
- Gross Profit declined to $17.0 million in Q4 2025 per SPRU's latest filing, from $23.2 million in the prior quarter.
- Over the last five years, Gross Profit for SPRU reached as high as $25.9 million in Q2 2025 and fell as low as -$1.6 million in Q4 2021.
- A 5-year average of $10.5 million and a median of $13.0 million in 2023 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2021 — Gross Profit plunged 1276.92% — and 2023, when it soared 2465.36%.
- Year by year, Gross Profit stood at -$1.6 million in 2021, then jumped by 721.26% to $10.1 million in 2022, then surged by 78.86% to $18.1 million in 2023, then dropped by 22.6% to $14.0 million in 2024, then gained by 20.79% to $17.0 million in 2025.
- According to Business Quant data, Gross Profit over the past three periods registered $17.0 million, $23.2 million, and $25.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | Spruce Power Holding | 38.83 Mn | -54.32 Mn | 16.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 16.96 Mn |
| Dec 31, 2025 | 16.96 Mn |
| Sep 30, 2025 | 23.24 Mn |
| Sep 30, 2025 | 23.24 Mn |
| Jun 30, 2025 | 25.94 Mn |
| Jun 30, 2025 | 25.94 Mn |
| Mar 31, 2025 | 16.52 Mn |
| Mar 31, 2025 | 16.52 Mn |
| Dec 31, 2024 | 14.04 Mn |
| Dec 31, 2024 | 14.04 Mn |
| Sep 30, 2024 | 15.65 Mn |
| Sep 30, 2024 | 15.65 Mn |
| Jun 30, 2024 | 16.78 Mn |
| Jun 30, 2024 | 16.78 Mn |
| Mar 31, 2024 | 12.55 Mn |
| Mar 31, 2024 | 12.55 Mn |
| Dec 31, 2023 | 18.14 Mn |
| Dec 31, 2023 | 18.14 Mn |
| Sep 30, 2023 | 13.44 Mn |
| Sep 30, 2023 | 13.44 Mn |