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

Spruce Power Holding has reported Research & Development over the past 3 years, most recently at $2.3 million for Q3 2022.

  • Quarterly Research & Development fell 27.01% to $2.3 million in Q3 2022 from the year-ago period, while the trailing twelve-month figure was $11.1 million through Sep 2022, up 29.02% year-over-year, with the annual reading at $10.8 million for FY2021, 142.41% up from the prior year.
  • Research & Development was $2.3 million for Q3 2022 at Spruce Power Holding, down from $2.4 million in the prior quarter.
  • Over five years, Research & Development peaked at $3.3 million in Q4 2021 and troughed 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.
  • Biggest five-year swings in Research & Development: soared 340.97% in 2021 and later dropped 27.01% in 2022.
  • Tracing SPRU's Research & Development over 3 years: stood at $1.1 million in 2020, then surged by 190.68% to $3.3 million in 2021, then fell by 29.64% to $2.3 million in 2022.
  • According to Business Quant data, Research & Development over the past three periods came in at $2.3 million, $2.4 million, and $3.0 million for Q3 2022, Q2 2022, and Q1 2022 respectively.