Spruce Power Holding (SPRU) Revenue (2020 - 2025)
Spruce Power Holding (SPRU) posted quarterly Revenue of $24.0 million for Q4 2025, up 18.8% year-on-year from $20.2 million in Q4 2024, and down 21.8% on a QoQ basis from $30.7 million in Q3 2025.
Spruce Power Holding (SPRU) Revenue (2020 - 2025) Analysis & Trends
Spruce Power Holding (SPRU) has reported Revenue for 6 consecutive years, with $24.0 million the latest figure, recorded in Q4 2025.
- Quarterly Revenue rose 18.8% year-over-year to $24.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $111.8 million (up 35.74% YoY) and the FY2025 annual result came in at $111.8 million, up 36.18% from the prior year.
- Revenue fell to $24.0 million in Q4 2025 per SPRU's latest filing, from $30.7 million in the prior quarter.
- Over the last five years, Revenue for SPRU reached as high as $33.2 million in Q2 2025 and fell as low as -$7.6 million in Q4 2021.
- A 5-year average of $16.5 million and a median of $19.3 million in 2024 frame the typical range for Revenue.
- Annual changes were most pronounced in 2021 — Revenue tumbled 169.66% — and 2023, when it jumped 357.68%.
- Year by year, Revenue stood at -$7.6 million in 2021, then soared by 339.32% to $18.1 million in 2022, then slipped by 13.32% to $15.7 million in 2023, then grew by 28.82% to $20.2 million in 2024, then rose by 18.8% to $24.0 million in 2025.
- According to Business Quant data, Revenue over the past three periods registered $24.0 million, $30.7 million, and $33.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 1.04 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 880.52 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 282.90 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 1.78 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 310.50 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 722.23 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 140.56 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.22 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 223.41 Mn |
| 10 | Spruce Power Holding | 38.83 Mn | -54.32 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 |