Growth Metrics

Spruce Power Holding (SPRU) Shares Outstanding (Diluted Average) (2019 - 2025)

Spruce Power Holding recorded quarterly Shares Outstanding (Diluted Average) of $18.1 million in Q4 2025, little changed quarter-over-quarter from $18.0 million in Q3 2025, and down 2.18% year-over-year from $18.5 million in Q4 2024.

Spruce Power Holding's Shares Outstanding (Diluted Average) history runs 7 years deep, the most recent figure standing at $18.1 million for Q4 2025.

  • In Q4 2025, Shares Outstanding (Diluted Average) fell 2.18% year-over-year to $18.1 million; the TTM figure through Dec 2025 stood at $18.1 million (down 2.18% YoY), while the FY2025 annual figure was $18.1 million, down 2.18% from the prior year.
  • Shares Outstanding (Diluted Average) came in at $18.1 million for Q4 2025 at Spruce Power Holding, roughly flat from $18.0 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $148.6 million in Q1 2021 to a low of $17.8 million in Q3 2022.
  • A 5-year average of $55.6 million and a median of $18.5 million in 2023 frame the typical range for Shares Outstanding (Diluted Average).
  • Across the five-year window, Shares Outstanding (Diluted Average) jumped 80.82% in 2021 and tumbled 87.99% in 2022, its largest moves.
  • Spruce Power Holding's Shares Outstanding (Diluted Average) stood at $148.5 million in 2021, then sank by 87.99% to $17.8 million in 2022, then grew by 3.11% to $18.4 million in 2023, then advanced by 0.43% to $18.5 million in 2024, then slipped by 2.18% to $18.1 million in 2025.
  • According to Business Quant data, Shares Outstanding (Diluted Average) over the past three periods registered $18.1 million, $18.0 million, and $17.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 107.62 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 152.71 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 2,500.00
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 131.34 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 60.52 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 272.35 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 167.56 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 152.96 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 209.48 Mn
10 Spruce Power Holding 54.20 Mn -36.52 Mn 16.96 Mn 18.07 Mn

Historic Data

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DateValue
Dec 31, 2025 18.07 Mn
Sep 30, 2025 18.03 Mn
Jun 30, 2025 17.92 Mn
Mar 31, 2025 18.19 Mn
Dec 31, 2024 18.47 Mn
Sep 30, 2024 18.57 Mn
Jun 30, 2024 19.19 Mn
Mar 31, 2024 19.10 Mn
Dec 31, 2023 18.39 Mn
Sep 30, 2023 18.07 Mn
Jun 30, 2023 18.46 Mn
Mar 31, 2023 18.28 Mn
Dec 31, 2022 17.84 Mn
Sep 30, 2022 17.77 Mn
Jun 30, 2022 142.25 Mn
Mar 31, 2022 141.27 Mn
Dec 31, 2021 148.51 Mn
Sep 30, 2021 138.08 Mn
Jun 30, 2021 137.60 Mn
Mar 31, 2021 148.57 Mn
Dec 31, 2020 84.57 Mn
Sep 30, 2020 82.82 Mn
Jun 30, 2020 82.99 Mn
Mar 31, 2020 82.17 Mn
Dec 31, 2019 79.82 Mn