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Spruce Power Holding (SPRU) Research & Development (2020 - 2022)

Spruce Power Holding's Research & Development history spans 3 years, with the latest figure at $2.3 million for Q3 2022.

  • For Q3 2022, Research & Development fell 27.01% year-over-year to $2.3 million; the TTM value through Sep 2022 reached $11.1 million, up 29.02%, while the annual FY2021 figure was $10.8 million, 142.41% up from the prior year.
  • Research & Development for Q3 2022 was $2.3 million at Spruce Power Holding, down from $2.4 million in the prior quarter.
  • Across five years, Research & Development topped out at $3.3 million in Q4 2021 and bottomed at $637000.0 in Q2 2020.
  • The 3-year median for Research & Development is $2.3 million (2022), against an average of $2.1 million.
  • The largest annual shift saw Research & Development soared 340.97% in 2021 before it dropped 27.01% in 2022.
  • A 3-year view of Research & Development shows it stood at $1.1 million in 2020, then soared by 190.68% to $3.3 million in 2021, then dropped by 29.64% to $2.3 million in 2022.
  • Per Business Quant, the three most recent readings for SPRU's Research & Development are $2.3 million (Q3 2022), $2.4 million (Q2 2022), and $3.0 million (Q1 2022).