SPRUCE POWER HOLDING CORP

SPRUCE POWER HOLDING CORPSPRUEarnings & Financial Report

NYSE · Utilities · Electric Services

Spruce Finance is an American consumer finance company specializing in the residential solar finance and efficiency home improvement sectors in the U.S.

SPRU Q4 FY2025 Key Financial Metrics

Revenue

$24.0M

Gross Profit

N/A

Operating Profit

$2.2M

Net Profit

$-6.9M

Gross Margin

N/A

Operating Margin

9.4%

Net Margin

-28.6%

YoY Growth

20.4%

EPS

$-0.38

SPRUCE POWER HOLDING CORP Q4 FY2025 Financial Summary

SPRUCE POWER HOLDING CORP reported revenue of $24.0M (up 20.4% YoY) for Q4 FY2025, with a net profit of $-6.9M (down 15.8% YoY) (-28.6% margin).

Key Financial Metrics

Total Revenue$24.0M
Net Profit$-6.9M
Gross MarginN/A
Operating Margin9.4%
Report PeriodQ4 FY2025

SPRUCE POWER HOLDING CORP Annual Revenue by Year

SPRUCE POWER HOLDING CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $111.8M).

YearAnnual Revenue
2025$111.8Mvs 2024
2024$82.1Mvs 2023
2023$79.9Mvs 2022
2022$23.2M

SPRUCE POWER HOLDING CORP Quarterly Revenue & Net Profit History

SPRUCE POWER HOLDING CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$24.0M+20.4%$-6.9M-28.6%
Q3 FY2025$30.7M+43.7%$-860.0K-2.8%
Q2 FY2025$33.2M+47.9%$-3.0M-8.9%
Q1 FY2025$23.8M+30.2%$-15.3M-64.4%
Q4 FY2024$20.0M+27.1%$-5.9M-29.7%
Q3 FY2024$21.4M-8.1%$-53.5M-250.4%
Q2 FY2024$22.5M-1.5%$-8.6M-38.2%
Q1 FY2024$18.3M+1.1%$-2.5M-13.4%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$18.3M$22.5M$21.4M$20.0M$23.8M$33.2M$30.7M$24.0M
YoY Growth1.1%-1.5%-8.1%27.1%30.2%47.9%43.7%20.4%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$867.9M$858.4M$806.8M$898.5M$878.0M$862.6M$857.1M$837.3M
Liabilities$654.9M$653.9M$655.1M$752.3M$747.2M$735.2M$729.7M$716.0M
Equity$213.0M$204.6M$151.6M$143.7M$130.8M$125.0M$124.9M$121.3M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-22.2M$-5.1M$-1.1M$-13.5M$-9.1M$-2.3M$11.2M$-3.3M