Spruce Power Holding (SPRU) Research & Development (2020 - 2022)
Spruce Power Holding's (SPRU) quarterly Research & Development came in at $2.3 million in Q3 2022, down 27.01% year-over-year from $3.2 million in Q3 2021, and down 2.33% quarter-over-quarter from $2.4 million in Q2 2022.
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Analysis
Spruce Power Holding (SPRU) Research & Development (2020 - 2022) Analysis & Trends
Spruce Power Holding has disclosed Research & Development across 3 years of filings, most recently posting $2.3 million for Q3 2022.
- In Q3 2022, Research & Development fell 27.01% year-over-year to $2.3 million; the TTM figure through Sep 2022 stood at $11.1 million (up 29.02% YoY), while the FY2021 annual figure was $10.8 million, up 142.41% from the prior year.
- Research & Development came in at $2.3 million for Q3 2022 at Spruce Power Holding, down from $2.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $3.3 million in Q4 2021 to a low of $637000.0 in Q2 2020.
- Average Research & Development over 3 years is $2.1 million, with a median of $2.3 million recorded in 2022.
- Year-over-year, Research & Development soared 340.97% in 2021 and retreated 27.01% in 2022.
- Over 3 years, Research & Development stood at $1.1 million in 2020, then surged by 190.68% to $3.3 million in 2021, then slipped by 29.64% to $2.3 million in 2022.
- Per Business Quant data, the three most recent Research & Development figures were $2.3 million in Q3 2022, $2.4 million in Q2 2022, and $3.0 million in Q1 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 47.18 Bn | 45.32 Bn | 3.16 Bn | - |
| 2 | AXIA Energia | 30.92 Bn | 28.60 Bn | 2.59 Bn | - |
| 3 | Nrg Energy | 21.60 Bn | 21.44 Bn | 2.01 Bn | - |
| 4 | Talen Energy | 14.11 Bn | 13.77 Bn | - | - |
| 5 | Enlight Renewable Energy | 9.72 Bn | 8.77 Bn | 117.49 Mn | -4.69 Mn |
| 6 | Brookfield Renewable Partners | 7.71 Bn | 26.04 Bn | 927.00 Mn | - |
| 7 | Oklo | 7.49 Bn | 7.49 Bn | - | 39.47 Mn |
| 8 | Clearway Energy | 6.63 Bn | 9.92 Bn | 332.00 Mn | - |
| 9 | Ormat Technologies | 5.98 Bn | 5.46 Bn | 68.70 Mn | 5.97 Mn |
| 10 | Spruce Power Holding | 38.69 Mn | -40.33 Mn | 23.10 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 2.35 Mn |
| Jun 30, 2022 | 2.40 Mn |
| Mar 31, 2022 | 2.99 Mn |
| Dec 31, 2021 | 3.34 Mn |
| Sep 30, 2021 | 3.22 Mn |
| Jun 30, 2021 | 2.81 Mn |
| Mar 31, 2021 | 1.41 Mn |
| Dec 31, 2020 | 1.15 Mn |
| Sep 30, 2020 | 1.65 Mn |
| Jun 30, 2020 | 637,000.00 |
| Mar 31, 2020 | 1.01 Mn |
API Access
Spruce Power Holding Research & Development 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=research-and-development&ticker=SPRU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=SPRU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();