Spruce Power Holding Corp (SPRU) stock
SPRUNYSEElectric ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 13, 2026Score 6/3063% below fair value
$1.42+0.03 (+2.16%)
Close on Nov 13, 2026Market cap $27.34MP/E –Yield –
Spruce Power gross margin
Gross margin is gross profit as a percentage of revenue.
Spruce Power's gross margin for the twelve months ending Sep 30, 2024 was 48.3%. For fiscal 2023 it was 52.7%, against 57.1% the year before.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | 52.7% | −4.5 |
| FY2022 | Dec 31, 2022 | 57.1% | +43.6 |
| FY2020 | Dec 31, 2020 | 13.5% | +25.4 |
| FY2019 | Dec 31, 2019 | -11.9% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2024 | Sep 30, 2024 | 54.8% | −3.0 |
| Q2 FY2024 | Jun 30, 2024 | 54.9% | −7.4 |
| Q1 FY2024 | Mar 31, 2024 | 51.5% | −5.1 |
| Q4 FY2023 | Dec 31, 2023 | 26.4% | −29.6 |
| Q3 FY2023 | Sep 30, 2023 | 57.8% | −3.3 |
| Q2 FY2023 | Jun 30, 2023 | 62.3% | +82.6 |
| Q1 FY2023 | Mar 31, 2023 | 56.6% | +35.0 |
| Q4 FY2022 | Dec 31, 2022 | 56.0% | +29.9 |
| Q3 FY2022 | Sep 30, 2022 | 61.1% | +167.2 |
| Q4 FY2021 | Dec 31, 2021 | -20.3% | −38.6 |
| Q3 FY2021 | Sep 30, 2021 | 21.6% | +9.4 |
| Q2 FY2021 | Jun 30, 2021 | 26.0% | +23.7 |
| Q1 FY2021 | Mar 31, 2021 | -106.1% | −101.9 |
| Q4 FY2020 | Dec 31, 2020 | 18.3% | – |
| Q3 FY2020 | Sep 30, 2020 | 12.1% | – |
| Q2 FY2020 | Jun 30, 2020 | 2.3% | – |
| Q1 FY2020 | Mar 31, 2020 | -4.2% | – |
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