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
DateValue
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