Spruce Power Holding (SPRU) Interest Expenses (2019 - 2025)
Spruce Power Holding (SPRU) posted quarterly Interest Expenses of $12.6 million for Q4 2025, up 22.11% year-on-year from $10.3 million in Q4 2024, and down 1.55% on a QoQ basis from $12.8 million in Q3 2025.
Spruce Power Holding (SPRU) Interest Expenses (2019 - 2025) Analysis & Trends
Spruce Power Holding (SPRU) has reported Interest Expenses for 7 consecutive years, with $12.6 million the latest figure, recorded in Q4 2025.
- Quarterly Interest Expenses rose 22.11% year-over-year to $12.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $50.9 million (up 26.56% YoY) and the FY2025 annual result came in at $96.7 million, down 3.32% from the prior year.
- Interest Expenses eased to $12.6 million in Q4 2025 per SPRU's latest filing, from $12.8 million in the prior quarter.
- Over the last five years, Interest Expenses for SPRU reached as high as $12.8 million in Q2 2025 and fell as low as $141000.0 in Q1 2021.
- A 5-year average of $7.7 million and a median of $10.4 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses tumbled 89.16% — and 2023, when it surged 5359.51%.
- Year by year, Interest Expenses stood at $499000.0 in 2021, then surged by 2162.73% to $11.3 million in 2022, then dropped by 1.51% to $11.1 million in 2023, then fell by 7.09% to $10.3 million in 2024, then climbed by 22.11% to $12.6 million in 2025.
- According to Business Quant data, Interest Expenses over the past three periods registered $12.6 million, $12.8 million, and $12.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 56.27 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 26.55 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 28.41 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 | 83.69 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 210.73 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 2.90 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -48.46 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 28.38 Mn |
| 10 | Spruce Power Holding | 38.83 Mn | -54.32 Mn | 16.96 Mn | 12.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 12.62 Mn |
| Dec 31, 2025 | 12.62 Mn |
| Sep 30, 2025 | 12.82 Mn |
| Sep 30, 2025 | 12.82 Mn |
| Jun 30, 2025 | 12.82 Mn |
| Jun 30, 2025 | 12.82 Mn |
| Mar 31, 2025 | 12.67 Mn |
| Mar 31, 2025 | 12.67 Mn |
| Dec 31, 2024 | 10.33 Mn |
| Dec 31, 2024 | 10.33 Mn |
| Sep 30, 2024 | 11.37 Mn |
| Sep 30, 2024 | 11.37 Mn |
| Jun 30, 2024 | 7.59 Mn |
| Jun 30, 2024 | 7.59 Mn |
| Mar 31, 2024 | 10.94 Mn |
| Mar 31, 2024 | 10.94 Mn |
| Dec 31, 2023 | 11.12 Mn |
| Dec 31, 2023 | 11.12 Mn |
| Sep 30, 2023 | 11.19 Mn |
| Sep 30, 2023 | 11.19 Mn |