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

Spruce Power Holding has disclosed Research & Development across 3 years of filings, most recently posting $2.3 million for Q3 2022.

• Research & Development for Q3 2022 came in at $2.3 million, down 27.01% year-over-year; the trailing twelve-month figure through Sep 2022 was $11.1 million (up 29.02% YoY), and the FY2021 annual result 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.
• The 3-year median for Research & Development is $2.3 million (2022), against an average of $2.1 million.
• Across the five-year window, Research & Development surged 340.97% in 2021 and fell 27.01% in 2022, its largest moves.
• Spruce Power Holding's 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.
• The last three Research & Development figures came in at $2.3 million (Q3 2022), $2.4 million (Q2 2022), and $3.0 million (Q1 2022), per Business Quant data.