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

SYPRIS SOLUTIONS INC is the larger business by last-quarter revenue ($30.3M vs $24.0M, roughly 1.3× SPRUCE POWER HOLDING CORP). SYPRIS SOLUTIONS INC runs the higher net margin — -12.9% vs -28.6%, a 15.7% gap on every dollar of revenue. On growth, SPRUCE POWER HOLDING CORP posted the faster year-over-year revenue change (20.4% vs -9.5%). SYPRIS SOLUTIONS INC produced more free cash flow last quarter ($-1.5M vs $-3.3M). Over the past eight quarters, SPRUCE POWER HOLDING CORP's revenue compounded faster (14.6% CAGR vs -7.7%).

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

Sypris Solutions Inc. is a U.S.-headquartered provider of highly engineered components and specialized technical services, primarily serving aerospace, defense, automotive and commercial industrial markets. It delivers custom manufacturing, performance testing, and value-added engineering support for mission-critical systems and parts for global enterprise clients.

SPRU vs SYPR — Head-to-Head

Bigger by revenue
SYPR
SYPR
1.3× larger
SYPR
$30.3M
$24.0M
SPRU
Growing faster (revenue YoY)
SPRU
SPRU
+29.8% gap
SPRU
20.4%
-9.5%
SYPR
Higher net margin
SYPR
SYPR
15.7% more per $
SYPR
-12.9%
-28.6%
SPRU
More free cash flow
SYPR
SYPR
$1.8M more FCF
SYPR
$-1.5M
$-3.3M
SPRU
Faster 2-yr revenue CAGR
SPRU
SPRU
Annualised
SPRU
14.6%
-7.7%
SYPR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SPRU
SPRU
SYPR
SYPR
Revenue
$24.0M
$30.3M
Net Profit
$-6.9M
$-3.9M
Gross Margin
4.6%
Operating Margin
9.4%
-10.9%
Net Margin
-28.6%
-12.9%
Revenue YoY
20.4%
-9.5%
Net Profit YoY
-15.8%
-2992.6%
EPS (diluted)
$-0.38
$-0.17

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
SPRU
SPRU
SYPR
SYPR
Q4 25
$24.0M
$30.3M
Q3 25
$30.7M
$28.7M
Q2 25
$33.2M
$31.4M
Q1 25
$23.8M
$29.5M
Q4 24
$20.0M
$33.4M
Q3 24
$21.4M
$35.7M
Q2 24
$22.5M
$35.5M
Q1 24
$18.3M
$35.6M
Net Profit
SPRU
SPRU
SYPR
SYPR
Q4 25
$-6.9M
$-3.9M
Q3 25
$-860.0K
$517.0K
Q2 25
$-3.0M
$-2.1M
Q1 25
$-15.3M
$-899.0K
Q4 24
$-5.9M
$135.0K
Q3 24
$-53.5M
$390.0K
Q2 24
$-8.6M
$16.0K
Q1 24
$-2.5M
$-2.2M
Gross Margin
SPRU
SPRU
SYPR
SYPR
Q4 25
4.6%
Q3 25
7.2%
Q2 25
8.2%
Q1 25
11.4%
Q4 24
16.1%
Q3 24
54.8%
16.8%
Q2 24
54.9%
15.9%
Q1 24
51.5%
8.1%
Operating Margin
SPRU
SPRU
SYPR
SYPR
Q4 25
9.4%
-10.9%
Q3 25
27.6%
-6.1%
Q2 25
26.8%
-4.6%
Q1 25
-7.1%
-0.4%
Q4 24
-31.4%
3.9%
Q3 24
-173.8%
4.8%
Q2 24
-14.9%
3.6%
Q1 24
-19.7%
-3.9%
Net Margin
SPRU
SPRU
SYPR
SYPR
Q4 25
-28.6%
-12.9%
Q3 25
-2.8%
1.8%
Q2 25
-8.9%
-6.5%
Q1 25
-64.4%
-3.0%
Q4 24
-29.7%
0.4%
Q3 24
-250.4%
1.1%
Q2 24
-38.2%
0.0%
Q1 24
-13.4%
-6.2%
EPS (diluted)
SPRU
SPRU
SYPR
SYPR
Q4 25
$-0.38
$-0.17
Q3 25
$-0.05
$0.02
Q2 25
$-0.17
$-0.09
Q1 25
$-0.84
$-0.04
Q4 24
$-0.36
$0.00
Q3 24
$-2.88
$0.02
Q2 24
$-0.45
$0.00
Q1 24
$-0.13
$-0.10

Balance Sheet & Financial Strength

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

Metric
SPRU
SPRU
SYPR
SYPR
Cash + ST InvestmentsLiquidity on hand
$54.8M
Total DebtLower is stronger
$695.5M
Stockholders' EquityBook value
$121.3M
$17.8M
Total Assets
$837.3M
$107.8M
Debt / EquityLower = less leverage
5.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPRU
SPRU
SYPR
SYPR
Q4 25
$54.8M
Q3 25
$53.6M
Q2 25
$53.5M
Q1 25
$61.9M
Q4 24
$72.8M
Q3 24
$113.7M
Q2 24
$116.6M
Q1 24
$120.6M
Total Debt
SPRU
SPRU
SYPR
SYPR
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
SPRU
SPRU
SYPR
SYPR
Q4 25
$121.3M
$17.8M
Q3 25
$124.9M
$20.0M
Q2 25
$125.0M
$18.7M
Q1 25
$130.8M
$19.0M
Q4 24
$143.7M
$19.6M
Q3 24
$151.6M
$18.2M
Q2 24
$204.6M
$19.0M
Q1 24
$213.0M
$20.8M
Total Assets
SPRU
SPRU
SYPR
SYPR
Q4 25
$837.3M
$107.8M
Q3 25
$857.1M
$112.5M
Q2 25
$862.6M
$105.8M
Q1 25
$878.0M
$110.2M
Q4 24
$898.5M
$119.4M
Q3 24
$806.8M
$121.6M
Q2 24
$858.4M
$124.2M
Q1 24
$867.9M
$129.0M
Debt / Equity
SPRU
SPRU
SYPR
SYPR
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
SPRU
SPRU
SYPR
SYPR
Operating Cash FlowLast quarter
$-3.3M
$-1.1M
Free Cash FlowOCF − Capex
$-3.3M
$-1.5M
FCF MarginFCF / Revenue
-13.7%
-5.0%
Capex IntensityCapex / Revenue
0.0%
1.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-3.8M
$-6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SPRU
SPRU
SYPR
SYPR
Q4 25
$-3.3M
$-1.1M
Q3 25
$11.2M
$-178.0K
Q2 25
$-2.3M
$1.1M
Q1 25
$-9.1M
$-5.5M
Q4 24
$-13.5M
$2.3M
Q3 24
$-1.1M
$-4.8M
Q2 24
$-5.1M
$6.2M
Q1 24
$-22.2M
$-1.7M
Free Cash Flow
SPRU
SPRU
SYPR
SYPR
Q4 25
$-3.3M
$-1.5M
Q3 25
$11.2M
$-390.0K
Q2 25
$-2.4M
$941.0K
Q1 25
$-9.2M
$-5.5M
Q4 24
$-13.6M
$1.9M
Q3 24
$-1.1M
$-4.9M
Q2 24
$-5.2M
$6.0M
Q1 24
$-22.3M
$-2.0M
FCF Margin
SPRU
SPRU
SYPR
SYPR
Q4 25
-13.7%
-5.0%
Q3 25
36.5%
-1.4%
Q2 25
-7.3%
3.0%
Q1 25
-38.7%
-18.8%
Q4 24
-68.3%
5.7%
Q3 24
-5.1%
-13.8%
Q2 24
-23.1%
16.8%
Q1 24
-121.7%
-5.7%
Capex Intensity
SPRU
SPRU
SYPR
SYPR
Q4 25
0.0%
1.3%
Q3 25
0.1%
0.7%
Q2 25
0.3%
0.5%
Q1 25
0.4%
0.0%
Q4 24
0.9%
1.2%
Q3 24
0.1%
0.4%
Q2 24
0.4%
0.5%
Q1 24
0.4%
0.9%
Cash Conversion
SPRU
SPRU
SYPR
SYPR
Q4 25
Q3 25
-0.34×
Q2 25
Q1 25
Q4 24
17.13×
Q3 24
-12.21×
Q2 24
385.25×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

SPRU
SPRU

Segment breakdown not available.

SYPR
SYPR

Sypris Electronics$17.7M59%
Transferred At Point In Time$12.5M41%

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