vs

Side-by-side financial comparison of SPRUCE POWER HOLDING CORP (SPRU) and TAT TECHNOLOGIES LTD (TATT). Click either name above to swap in a different company.

TAT TECHNOLOGIES LTD is the larger business by last-quarter revenue ($46.2M vs $24.0M, roughly 1.9× SPRUCE POWER HOLDING CORP). TAT TECHNOLOGIES LTD runs the higher net margin — 10.5% vs -28.6%, a 39.0% gap on every dollar of revenue. TAT TECHNOLOGIES LTD produced more free cash flow last quarter ($4.8M vs $-3.3M).

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

TAT Technologies Ltd. is a publicly traded company, headquartered in the United States, providing environmental control products and services for the commercial and military aviation industries. Its shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange.

SPRU vs TATT — Head-to-Head

Bigger by revenue
TATT
TATT
1.9× larger
TATT
$46.2M
$24.0M
SPRU
Higher net margin
TATT
TATT
39.0% more per $
TATT
10.5%
-28.6%
SPRU
More free cash flow
TATT
TATT
$8.1M more FCF
TATT
$4.8M
$-3.3M
SPRU

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
SPRU
SPRU
TATT
TATT
Revenue
$24.0M
$46.2M
Net Profit
$-6.9M
$4.8M
Gross Margin
25.1%
Operating Margin
9.4%
11.4%
Net Margin
-28.6%
10.5%
Revenue YoY
20.4%
Net Profit YoY
-15.8%
EPS (diluted)
$-0.38
$0.37

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
TATT
TATT
Q4 25
$24.0M
Q3 25
$30.7M
$46.2M
Q2 25
$33.2M
$43.1M
Q1 25
$23.8M
Q4 24
$20.0M
Q3 24
$21.4M
Q2 24
$22.5M
Q1 24
$18.3M
Net Profit
SPRU
SPRU
TATT
TATT
Q4 25
$-6.9M
Q3 25
$-860.0K
$4.8M
Q2 25
$-3.0M
$3.4M
Q1 25
$-15.3M
Q4 24
$-5.9M
Q3 24
$-53.5M
Q2 24
$-8.6M
Q1 24
$-2.5M
Gross Margin
SPRU
SPRU
TATT
TATT
Q4 25
Q3 25
25.1%
Q2 25
25.1%
Q1 25
Q4 24
Q3 24
54.8%
Q2 24
54.9%
Q1 24
51.5%
Operating Margin
SPRU
SPRU
TATT
TATT
Q4 25
9.4%
Q3 25
27.6%
11.4%
Q2 25
26.8%
10.3%
Q1 25
-7.1%
Q4 24
-31.4%
Q3 24
-173.8%
Q2 24
-14.9%
Q1 24
-19.7%
Net Margin
SPRU
SPRU
TATT
TATT
Q4 25
-28.6%
Q3 25
-2.8%
10.5%
Q2 25
-8.9%
8.0%
Q1 25
-64.4%
Q4 24
-29.7%
Q3 24
-250.4%
Q2 24
-38.2%
Q1 24
-13.4%
EPS (diluted)
SPRU
SPRU
TATT
TATT
Q4 25
$-0.38
Q3 25
$-0.05
$0.37
Q2 25
$-0.17
$0.30
Q1 25
$-0.84
Q4 24
$-0.36
Q3 24
$-2.88
Q2 24
$-0.45
Q1 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
SPRU
SPRU
TATT
TATT
Cash + ST InvestmentsLiquidity on hand
$54.8M
$47.1M
Total DebtLower is stronger
$695.5M
$9.9M
Stockholders' EquityBook value
$121.3M
$170.7M
Total Assets
$837.3M
$224.1M
Debt / EquityLower = less leverage
5.74×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPRU
SPRU
TATT
TATT
Q4 25
$54.8M
Q3 25
$53.6M
$47.1M
Q2 25
$53.5M
$43.1M
Q1 25
$61.9M
Q4 24
$72.8M
Q3 24
$113.7M
Q2 24
$116.6M
Q1 24
$120.6M
Total Debt
SPRU
SPRU
TATT
TATT
Q4 25
$695.5M
Q3 25
$705.6M
$9.9M
Q2 25
$717.1M
$10.3M
Q1 25
$723.8M
Q4 24
$730.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
SPRU
SPRU
TATT
TATT
Q4 25
$121.3M
Q3 25
$124.9M
$170.7M
Q2 25
$125.0M
$165.8M
Q1 25
$130.8M
Q4 24
$143.7M
Q3 24
$151.6M
Q2 24
$204.6M
Q1 24
$213.0M
Total Assets
SPRU
SPRU
TATT
TATT
Q4 25
$837.3M
Q3 25
$857.1M
$224.1M
Q2 25
$862.6M
$213.6M
Q1 25
$878.0M
Q4 24
$898.5M
Q3 24
$806.8M
Q2 24
$858.4M
Q1 24
$867.9M
Debt / Equity
SPRU
SPRU
TATT
TATT
Q4 25
5.74×
Q3 25
5.65×
0.06×
Q2 25
5.74×
0.06×
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
TATT
TATT
Operating Cash FlowLast quarter
$-3.3M
$7.5M
Free Cash FlowOCF − Capex
$-3.3M
$4.8M
FCF MarginFCF / Revenue
-13.7%
10.3%
Capex IntensityCapex / Revenue
0.0%
5.9%
Cash ConversionOCF / Net Profit
1.55×
TTM Free Cash FlowTrailing 4 quarters
$-3.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SPRU
SPRU
TATT
TATT
Q4 25
$-3.3M
Q3 25
$11.2M
$7.5M
Q2 25
$-2.3M
$6.9M
Q1 25
$-9.1M
Q4 24
$-13.5M
Q3 24
$-1.1M
Q2 24
$-5.1M
Q1 24
$-22.2M
Free Cash Flow
SPRU
SPRU
TATT
TATT
Q4 25
$-3.3M
Q3 25
$11.2M
$4.8M
Q2 25
$-2.4M
$3.6M
Q1 25
$-9.2M
Q4 24
$-13.6M
Q3 24
$-1.1M
Q2 24
$-5.2M
Q1 24
$-22.3M
FCF Margin
SPRU
SPRU
TATT
TATT
Q4 25
-13.7%
Q3 25
36.5%
10.3%
Q2 25
-7.3%
8.5%
Q1 25
-38.7%
Q4 24
-68.3%
Q3 24
-5.1%
Q2 24
-23.1%
Q1 24
-121.7%
Capex Intensity
SPRU
SPRU
TATT
TATT
Q4 25
0.0%
Q3 25
0.1%
5.9%
Q2 25
0.3%
7.7%
Q1 25
0.4%
Q4 24
0.9%
Q3 24
0.1%
Q2 24
0.4%
Q1 24
0.4%
Cash Conversion
SPRU
SPRU
TATT
TATT
Q4 25
Q3 25
1.55×
Q2 25
2.02×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons