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

Spruce Power Holding has disclosed Operating Margin across 6 years of filings, most recently posting 9.36% for Q4 2025.

• Operating Margin for Q4 2025 came in at 9.36%, up 4120.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 16.04% (up 7742.0% YoY), and the FY2025 annual result was 16.04%, up 7742.0% from the prior year.
• Operating Margin came in at 9.36% for Q4 2025 at Spruce Power Holding, down from 27.61% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 27.61% in Q3 2025 to a low of 1494.22% in Q1 2021.
• The 5-year median for Operating Margin is 35.28% (2021), against an average of 182.74%.
• Across the five-year window, Operating Margin sank 120550 bps in 2021 and jumped 37057 bps in 2023, its largest moves.
• Spruce Power Holding's Operating Margin stood at 38.71% in 2021, then sank by 151 bps to 97.13% in 2022, then jumped by 44 bps to 54.21% in 2023, then soared by 41 bps to 31.85% in 2024, then jumped by 129 bps to 9.36% in 2025.
• The last three Operating Margin figures came in at 9.36% (Q4 2025), 27.61% (Q3 2025), and 26.78% (Q2 2025), per Business Quant data.