Spruce Power Holding (SPRU) Revenue (2020 - 2025)
Spruce Power Holding's (SPRU) quarterly Revenue came in at $24.0 million in Q4 2025, up 18.8% year-on-year from $20.2 million in Q4 2024, and down 21.8% quarter-over-quarter from $30.7 million in Q3 2025.
Spruce Power Holding (SPRU) Revenue (2020 - 2025) Analysis & Trends
Spruce Power Holding has disclosed Revenue across 6 years of filings, most recently posting $24.0 million for Q4 2025.
- Revenue for Q4 2025 came in at $24.0 million, up 18.8% year-over-year; the trailing twelve-month figure through Dec 2025 was $111.8 million (up 35.74% YoY), and the FY2025 annual result was $111.8 million, up 36.18% from the prior year.
- Revenue came in at $24.0 million for Q4 2025 at Spruce Power Holding, down from $30.7 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $33.2 million in Q2 2025 to a low of -$7.6 million in Q4 2021.
- The 5-year median for Revenue is $19.3 million (2024), against an average of $16.5 million.
- Across the five-year window, Revenue tumbled 169.66% in 2021 and soared 357.68% in 2023, its largest moves.
- Spruce Power Holding's Revenue stood at -$7.6 million in 2021, then jumped by 339.32% to $18.1 million in 2022, then dropped by 13.32% to $15.7 million in 2023, then increased by 28.82% to $20.2 million in 2024, then gained by 18.8% to $24.0 million in 2025.
- The last three Revenue figures came in at $24.0 million (Q4 2025), $30.7 million (Q3 2025), and $33.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 1.04 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 880.52 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 282.90 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 310.50 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 722.23 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 140.56 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 223.41 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 1.78 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 25.20 Mn |
| 10 | Spruce Power Holding | 52.76 Mn | -37.96 Mn | 16.96 Mn | 24.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 24.03 Mn |
| Sep 30, 2025 | 30.73 Mn |
| Jun 30, 2025 | 33.24 Mn |
| Mar 31, 2025 | 23.82 Mn |
| Dec 31, 2024 | 20.23 Mn |
| Sep 30, 2024 | 21.38 Mn |
| Jun 30, 2024 | 22.48 Mn |
| Mar 31, 2024 | 18.29 Mn |
| Dec 31, 2023 | 15.70 Mn |
| Sep 30, 2023 | 23.25 Mn |
| Jun 30, 2023 | 22.81 Mn |
| Mar 31, 2023 | 18.10 Mn |
| Dec 31, 2022 | 18.11 Mn |
| Sep 30, 2022 | 5.08 Mn |
| Dec 31, 2021 | -7.57 Mn |
| Sep 30, 2021 | 3.20 Mn |
| Jun 30, 2021 | 3.69 Mn |
| Mar 31, 2021 | 675,000.00 |
| Dec 31, 2020 | 10.87 Mn |
| Sep 30, 2020 | 6.33 Mn |