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
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