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Side-by-side financial comparison of HARTE HANKS INC (HHS) and SPRUCE POWER HOLDING CORP (SPRU). Click either name above to swap in a different company.

HARTE HANKS INC is the larger business by last-quarter revenue ($39.9M vs $24.0M, roughly 1.7× SPRUCE POWER HOLDING CORP). HARTE HANKS INC runs the higher net margin — 5.5% vs -28.6%, a 34.1% gap on every dollar of revenue. On growth, SPRUCE POWER HOLDING CORP posted the faster year-over-year revenue change (20.4% vs -15.4%). HARTE HANKS INC produced more free cash flow last quarter ($-686.0K vs $-3.3M). Over the past eight quarters, SPRUCE POWER HOLDING CORP's revenue compounded faster (14.6% CAGR vs -6.4%).

Harte Hanks is a global marketing services company headquartered in Boston, Massachusetts. Harte Hanks services include analytics, strategy, marketing technology, creative services, digital marketing, customer care, direct mail, logistics, and fulfillment.

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

HHS vs SPRU — Head-to-Head

Bigger by revenue
HHS
HHS
1.7× larger
HHS
$39.9M
$24.0M
SPRU
Growing faster (revenue YoY)
SPRU
SPRU
+35.8% gap
SPRU
20.4%
-15.4%
HHS
Higher net margin
HHS
HHS
34.1% more per $
HHS
5.5%
-28.6%
SPRU
More free cash flow
HHS
HHS
$2.6M more FCF
HHS
$-686.0K
$-3.3M
SPRU
Faster 2-yr revenue CAGR
SPRU
SPRU
Annualised
SPRU
14.6%
-6.4%
HHS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HHS
HHS
SPRU
SPRU
Revenue
$39.9M
$24.0M
Net Profit
$2.2M
$-6.9M
Gross Margin
Operating Margin
-0.3%
9.4%
Net Margin
5.5%
-28.6%
Revenue YoY
-15.4%
20.4%
Net Profit YoY
-15.8%
EPS (diluted)
$0.30
$-0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HHS
HHS
SPRU
SPRU
Q4 25
$39.9M
$24.0M
Q3 25
$39.5M
$30.7M
Q2 25
$38.6M
$33.2M
Q1 25
$41.6M
$23.8M
Q4 24
$47.1M
$20.0M
Q3 24
$47.6M
$21.4M
Q2 24
$45.0M
$22.5M
Q1 24
$45.4M
$18.3M
Net Profit
HHS
HHS
SPRU
SPRU
Q4 25
$2.2M
$-6.9M
Q3 25
$-2.3M
$-860.0K
Q2 25
$-335.0K
$-3.0M
Q1 25
$-392.0K
$-15.3M
Q4 24
$-5.9M
Q3 24
$142.0K
$-53.5M
Q2 24
$-27.8M
$-8.6M
Q1 24
$-171.0K
$-2.5M
Gross Margin
HHS
HHS
SPRU
SPRU
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
54.8%
Q2 24
54.9%
Q1 24
51.5%
Operating Margin
HHS
HHS
SPRU
SPRU
Q4 25
-0.3%
9.4%
Q3 25
1.3%
27.6%
Q2 25
0.1%
26.8%
Q1 25
-0.1%
-7.1%
Q4 24
-3.3%
-31.4%
Q3 24
4.0%
-173.8%
Q2 24
3.0%
-14.9%
Q1 24
0.8%
-19.7%
Net Margin
HHS
HHS
SPRU
SPRU
Q4 25
5.5%
-28.6%
Q3 25
-5.8%
-2.8%
Q2 25
-0.9%
-8.9%
Q1 25
-0.9%
-64.4%
Q4 24
-29.7%
Q3 24
0.3%
-250.4%
Q2 24
-61.8%
-38.2%
Q1 24
-0.4%
-13.4%
EPS (diluted)
HHS
HHS
SPRU
SPRU
Q4 25
$0.30
$-0.38
Q3 25
$-0.31
$-0.05
Q2 25
$-0.05
$-0.17
Q1 25
$-0.05
$-0.84
Q4 24
$-0.31
$-0.36
Q3 24
$0.02
$-2.88
Q2 24
$-3.84
$-0.45
Q1 24
$-0.02
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HHS
HHS
SPRU
SPRU
Cash + ST InvestmentsLiquidity on hand
$5.6M
$54.8M
Total DebtLower is stronger
$695.5M
Stockholders' EquityBook value
$20.5M
$121.3M
Total Assets
$91.8M
$837.3M
Debt / EquityLower = less leverage
5.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HHS
HHS
SPRU
SPRU
Q4 25
$5.6M
$54.8M
Q3 25
$6.5M
$53.6M
Q2 25
$4.8M
$53.5M
Q1 25
$9.0M
$61.9M
Q4 24
$9.8M
$72.8M
Q3 24
$5.9M
$113.7M
Q2 24
$11.0M
$116.6M
Q1 24
$11.5M
$120.6M
Total Debt
HHS
HHS
SPRU
SPRU
Q4 25
$695.5M
Q3 25
$705.6M
Q2 25
$717.1M
Q1 25
$723.8M
Q4 24
$730.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HHS
HHS
SPRU
SPRU
Q4 25
$20.5M
$121.3M
Q3 25
$19.9M
$124.9M
Q2 25
$22.2M
$125.0M
Q1 25
$21.4M
$130.8M
Q4 24
$21.7M
$143.7M
Q3 24
$21.0M
$151.6M
Q2 24
$20.6M
$204.6M
Q1 24
$20.0M
$213.0M
Total Assets
HHS
HHS
SPRU
SPRU
Q4 25
$91.8M
$837.3M
Q3 25
$92.7M
$857.1M
Q2 25
$95.0M
$862.6M
Q1 25
$100.6M
$878.0M
Q4 24
$101.8M
$898.5M
Q3 24
$108.1M
$806.8M
Q2 24
$109.7M
$858.4M
Q1 24
$113.4M
$867.9M
Debt / Equity
HHS
HHS
SPRU
SPRU
Q4 25
5.74×
Q3 25
5.65×
Q2 25
5.74×
Q1 25
5.53×
Q4 24
5.08×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HHS
HHS
SPRU
SPRU
Operating Cash FlowLast quarter
$737.0K
$-3.3M
Free Cash FlowOCF − Capex
$-686.0K
$-3.3M
FCF MarginFCF / Revenue
-1.7%
-13.7%
Capex IntensityCapex / Revenue
3.6%
0.0%
Cash ConversionOCF / Net Profit
0.33×
TTM Free Cash FlowTrailing 4 quarters
$-4.5M
$-3.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HHS
HHS
SPRU
SPRU
Q4 25
$737.0K
$-3.3M
Q3 25
$3.2M
$11.2M
Q2 25
$-4.8M
$-2.3M
Q1 25
$-818.0K
$-9.1M
Q4 24
$4.0M
$-13.5M
Q3 24
$-2.9M
$-1.1M
Q2 24
$1.6M
$-5.1M
Q1 24
$-5.7M
$-22.2M
Free Cash Flow
HHS
HHS
SPRU
SPRU
Q4 25
$-686.0K
$-3.3M
Q3 25
$2.2M
$11.2M
Q2 25
$-5.1M
$-2.4M
Q1 25
$-923.0K
$-9.2M
Q4 24
$3.4M
$-13.6M
Q3 24
$-4.9M
$-1.1M
Q2 24
$926.0K
$-5.2M
Q1 24
$-6.2M
$-22.3M
FCF Margin
HHS
HHS
SPRU
SPRU
Q4 25
-1.7%
-13.7%
Q3 25
5.5%
36.5%
Q2 25
-13.1%
-7.3%
Q1 25
-2.2%
-38.7%
Q4 24
7.3%
-68.3%
Q3 24
-10.2%
-5.1%
Q2 24
2.1%
-23.1%
Q1 24
-13.7%
-121.7%
Capex Intensity
HHS
HHS
SPRU
SPRU
Q4 25
3.6%
0.0%
Q3 25
2.5%
0.1%
Q2 25
0.6%
0.3%
Q1 25
0.3%
0.4%
Q4 24
1.3%
0.9%
Q3 24
4.0%
0.1%
Q2 24
1.5%
0.4%
Q1 24
1.2%
0.4%
Cash Conversion
HHS
HHS
SPRU
SPRU
Q4 25
0.33×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-20.76×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HHS
HHS

Fulfillment And Logistics Services$17.3M43%
Customer Care$13.7M34%
Other$8.9M22%

SPRU
SPRU

Segment breakdown not available.

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