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Side-by-side financial comparison of JOINT Corp (JYNT) and SPRUCE POWER HOLDING CORP (SPRU). Click either name above to swap in a different company.

SPRUCE POWER HOLDING CORP is the larger business by last-quarter revenue ($24.0M vs $15.2M, roughly 1.6× JOINT Corp). JOINT Corp runs the higher net margin — 6.5% vs -28.6%, a 35.1% gap on every dollar of revenue. On growth, SPRUCE POWER HOLDING CORP posted the faster year-over-year revenue change (20.4% vs 3.1%). JOINT Corp produced more free cash flow last quarter ($334.7K vs $-3.3M). Over the past eight quarters, SPRUCE POWER HOLDING CORP's revenue compounded faster (14.6% CAGR vs -28.6%).

The Joint Corp is a leading operator and franchisor of chiropractic care clinics primarily serving the U.S. market. It offers accessible, affordable routine chiropractic services, membership-based care plans, and caters to consumers seeking non-invasive musculoskeletal pain management and wellness support.

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

JYNT vs SPRU — Head-to-Head

Bigger by revenue
SPRU
SPRU
1.6× larger
SPRU
$24.0M
$15.2M
JYNT
Growing faster (revenue YoY)
SPRU
SPRU
+17.3% gap
SPRU
20.4%
3.1%
JYNT
Higher net margin
JYNT
JYNT
35.1% more per $
JYNT
6.5%
-28.6%
SPRU
More free cash flow
JYNT
JYNT
$3.6M more FCF
JYNT
$334.7K
$-3.3M
SPRU
Faster 2-yr revenue CAGR
SPRU
SPRU
Annualised
SPRU
14.6%
-28.6%
JYNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
JYNT
JYNT
SPRU
SPRU
Revenue
$15.2M
$24.0M
Net Profit
$991.1K
$-6.9M
Gross Margin
81.4%
Operating Margin
4.9%
9.4%
Net Margin
6.5%
-28.6%
Revenue YoY
3.1%
20.4%
Net Profit YoY
5510.5%
-15.8%
EPS (diluted)
$0.06
$-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
JYNT
JYNT
SPRU
SPRU
Q4 25
$15.2M
$24.0M
Q3 25
$13.4M
$30.7M
Q2 25
$13.3M
$33.2M
Q1 25
$13.1M
$23.8M
Q4 24
$14.7M
$20.0M
Q3 24
$30.2M
$21.4M
Q2 24
$30.3M
$22.5M
Q1 24
$29.7M
$18.3M
Net Profit
JYNT
JYNT
SPRU
SPRU
Q4 25
$991.1K
$-6.9M
Q3 25
$855.0K
$-860.0K
Q2 25
$93.4K
$-3.0M
Q1 25
$967.8K
$-15.3M
Q4 24
$17.7K
$-5.9M
Q3 24
$-3.2M
$-53.5M
Q2 24
$-3.6M
$-8.6M
Q1 24
$947.0K
$-2.5M
Gross Margin
JYNT
JYNT
SPRU
SPRU
Q4 25
81.4%
Q3 25
80.1%
Q2 25
79.1%
Q1 25
77.3%
Q4 24
78.4%
Q3 24
90.7%
54.8%
Q2 24
90.7%
54.9%
Q1 24
90.9%
51.5%
Operating Margin
JYNT
JYNT
SPRU
SPRU
Q4 25
4.9%
9.4%
Q3 25
1.2%
27.6%
Q2 25
-8.6%
26.8%
Q1 25
-5.2%
-7.1%
Q4 24
5.5%
-31.4%
Q3 24
-1.6%
-173.8%
Q2 24
-5.9%
-14.9%
Q1 24
-1.4%
-19.7%
Net Margin
JYNT
JYNT
SPRU
SPRU
Q4 25
6.5%
-28.6%
Q3 25
6.4%
-2.8%
Q2 25
0.7%
-8.9%
Q1 25
7.4%
-64.4%
Q4 24
0.1%
-29.7%
Q3 24
-10.5%
-250.4%
Q2 24
-11.9%
-38.2%
Q1 24
3.2%
-13.4%
EPS (diluted)
JYNT
JYNT
SPRU
SPRU
Q4 25
$0.06
$-0.38
Q3 25
$0.06
$-0.05
Q2 25
$0.01
$-0.17
Q1 25
$0.06
$-0.84
Q4 24
$0.01
$-0.36
Q3 24
$-0.21
$-2.88
Q2 24
$-0.24
$-0.45
Q1 24
$0.06
$-0.13

Balance Sheet & Financial Strength

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

Metric
JYNT
JYNT
SPRU
SPRU
Cash + ST InvestmentsLiquidity on hand
$23.6M
$54.8M
Total DebtLower is stronger
$695.5M
Stockholders' EquityBook value
$15.1M
$121.3M
Total Assets
$61.0M
$837.3M
Debt / EquityLower = less leverage
5.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JYNT
JYNT
SPRU
SPRU
Q4 25
$23.6M
$54.8M
Q3 25
$29.7M
$53.6M
Q2 25
$29.8M
$53.5M
Q1 25
$21.9M
$61.9M
Q4 24
$25.1M
$72.8M
Q3 24
$20.7M
$113.7M
Q2 24
$17.5M
$116.6M
Q1 24
$18.7M
$120.6M
Total Debt
JYNT
JYNT
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
JYNT
JYNT
SPRU
SPRU
Q4 25
$15.1M
$121.3M
Q3 25
$22.7M
$124.9M
Q2 25
$23.2M
$125.0M
Q1 25
$22.8M
$130.8M
Q4 24
$20.7M
$143.7M
Q3 24
$20.5M
$151.6M
Q2 24
$23.2M
$204.6M
Q1 24
$26.2M
$213.0M
Total Assets
JYNT
JYNT
SPRU
SPRU
Q4 25
$61.0M
$837.3M
Q3 25
$69.4M
$857.1M
Q2 25
$73.2M
$862.6M
Q1 25
$80.1M
$878.0M
Q4 24
$83.2M
$898.5M
Q3 24
$79.6M
$806.8M
Q2 24
$82.4M
$858.4M
Q1 24
$85.7M
$867.9M
Debt / Equity
JYNT
JYNT
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
JYNT
JYNT
SPRU
SPRU
Operating Cash FlowLast quarter
$1.8M
$-3.3M
Free Cash FlowOCF − Capex
$334.7K
$-3.3M
FCF MarginFCF / Revenue
2.2%
-13.7%
Capex IntensityCapex / Revenue
9.9%
0.0%
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters
$-1.9M
$-3.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JYNT
JYNT
SPRU
SPRU
Q4 25
$1.8M
$-3.3M
Q3 25
$1.8M
$11.2M
Q2 25
$868.6K
$-2.3M
Q1 25
$-3.7M
$-9.1M
Q4 24
$9.4M
$-13.5M
Q3 24
$3.4M
$-1.1M
Q2 24
$-973.5K
$-5.1M
Q1 24
$2.8M
$-22.2M
Free Cash Flow
JYNT
JYNT
SPRU
SPRU
Q4 25
$334.7K
$-3.3M
Q3 25
$1.5M
$11.2M
Q2 25
$363.6K
$-2.4M
Q1 25
$-4.0M
$-9.2M
Q4 24
$8.2M
$-13.6M
Q3 24
$3.2M
$-1.1M
Q2 24
$-1.2M
$-5.2M
Q1 24
$2.4M
$-22.3M
FCF Margin
JYNT
JYNT
SPRU
SPRU
Q4 25
2.2%
-13.7%
Q3 25
10.9%
36.5%
Q2 25
2.7%
-7.3%
Q1 25
-30.8%
-38.7%
Q4 24
55.9%
-68.3%
Q3 24
10.6%
-5.1%
Q2 24
-4.1%
-23.1%
Q1 24
8.1%
-121.7%
Capex Intensity
JYNT
JYNT
SPRU
SPRU
Q4 25
9.9%
0.0%
Q3 25
2.4%
0.1%
Q2 25
3.8%
0.3%
Q1 25
2.5%
0.4%
Q4 24
8.1%
0.9%
Q3 24
0.8%
0.1%
Q2 24
0.9%
0.4%
Q1 24
1.3%
0.4%
Cash Conversion
JYNT
JYNT
SPRU
SPRU
Q4 25
1.86×
Q3 25
2.07×
Q2 25
9.30×
Q1 25
-3.82×
Q4 24
532.98×
Q3 24
Q2 24
Q1 24
2.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JYNT
JYNT

Transferred At Point In Time$12.8M84%
Transferred Over Time$2.4M16%

SPRU
SPRU

Segment breakdown not available.

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