InsiderClue
Stocks · Utilities · Electric Services

SPRUCE POWER HOLDING CORP

SPRU Clue Score48
United States Fiscal year ends December CIK 0001772720
$1.56 +0.00% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $1.56 −70.23% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 3 Sep 2019. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Revenue7.2Operating income−13.6Net income−14.9EPS, diluted−0.19Fiscal year 2020Revenue20.3 +181.9%Operating income−15.3Net income−60.6EPS, diluted−0.72Fiscal year 2021Revenue0.0 −100.0%Operating income−35.1Net income28.8EPS, diluted0.19Fiscal year 2022Revenue23.2Operating income−59.3Net income−93.9 −426.3%EPS, diluted−5.27Fiscal year 2023Revenue79.9 +244.3%Operating income−36.8Net income−65.8EPS, diluted−3.58Fiscal year 2024Revenue82.1 +2.8%Operating income−50.4Net income−70.5EPS, diluted−3.82Fiscal year 2025Revenue111.8 +36.2%Operating income17.9Net income−26.0EPS, diluted−1.44
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 7.2 20.3 0.0 23.2 79.9 82.1 111.8
Growth +181.9% −100.0% +244.3% +2.8% +36.2%
Operating income −13.6 −15.3 −35.1 −59.3 −36.8 −50.4 17.9
Net income −14.9 −60.6 28.8 −93.9 −65.8 −70.5 −26.0
Growth −426.3%
EPS, diluted −0.19 −0.72 0.19 −5.27 −3.58 −3.82 −1.44

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Gross margin−11.9%Operating margin−188.1%Net margin−206.5%Free cash flow margin−160.5%Fiscal year 2020Gross margin13.5%Operating margin−75.2%Net margin−298.0%Free cash flow margin−98.5%Fiscal year 2021Fiscal year 2022Operating margin−255.6%Net margin−405.0%Free cash flow margin−273.7%Fiscal year 2023Operating margin−46.1%Net margin−82.4%Free cash flow margin−42.8%Fiscal year 2024Operating margin−61.4%Net margin−85.9%Free cash flow margin−51.4%Fiscal year 2025Operating margin16.0%Net margin−23.3%Free cash flow margin−3.4%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin −11.9% 13.5% n/a n/a n/a n/a n/a
Operating margin −188.1% −75.2% n/a −255.6% −46.1% −61.4% 16.0%
Net margin −206.5% −298.0% n/a −405.0% −82.4% −85.9% −23.3%
Free cash flow margin −160.5% −98.5% n/a −273.7% −42.8% −51.4% −3.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow−11.6Capital expenditure−0.0Free cash flow−11.6Fiscal year 2020Operating cash flow−19.9Capital expenditure−0.1Free cash flow−20.0Fiscal year 2021Operating cash flow−48.5Capital expenditure−3.6Free cash flow−52.1Fiscal year 2022Operating cash flow−63.5Capital expenditure0.0Free cash flow−63.5Fiscal year 2023Operating cash flow−33.7Capital expenditure−0.5Free cash flow−34.2Fiscal year 2024Operating cash flow−41.8Capital expenditure−0.4Free cash flow−42.2Fiscal year 2025Operating cash flow−3.5Capital expenditure−0.2Free cash flow−3.8
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −11.6 −19.9 −48.5 −63.5 −33.7 −41.8 −3.5
Capital expenditure −0.0 −0.1 −3.6 0.0 −0.5 −0.4 −0.2
Free cash flow −11.6 −20.0 −52.1 −63.5 −34.2 −42.2 −3.8
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2019Cash3.5Total debt1.8Net cash (debt)1.7Shareholders’ equity−13.7Fiscal year 2020Cash329.6Total debt0.1Net cash (debt)329.5Shareholders’ equity188.9Debt to equity0.00Fiscal year 2021Cash351.7Total debt0.0Net cash (debt)351.7Shareholders’ equity361.8Debt to equity0.00Fiscal year 2022Cash220.3Total debt499.8Net cash (debt)−279.4Shareholders’ equity288.9Debt to equity1.73Fiscal year 2023Cash141.4Total debt618.8Net cash (debt)−477.4Shareholders’ equity214.7Debt to equity2.88Fiscal year 2024Cash72.8Total debt705.3Net cash (debt)−632.5Shareholders’ equity143.7Debt to equity4.91Fiscal year 2025Cash54.8Total debt676.8Net cash (debt)−621.9Shareholders’ equity118.8Debt to equity5.70
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 3.5 329.6 351.7 220.3 141.4 72.8 54.8
Total debt 1.8 0.1 0.0 499.8 618.8 705.3 676.8
Net cash (debt) 1.7 329.5 351.7 −279.4 −477.4 −632.5 −621.9
Shareholders’ equity −13.7 188.9 361.8 288.9 214.7 143.7 118.8
Debt to equity n/a 0.00 0.00 1.73 2.88 4.91 5.70

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−11.9% 13.5% n/a n/a n/a n/a n/a
−188.1% −75.2% n/a −255.6% −46.1% −61.4% 16.0%
−206.5% −298.0% n/a −405.0% −82.4% −85.9% −23.3%
−160.5% −98.5% n/a −273.7% −42.8% −51.4% −3.4%
Spending
39.8% 21.9% n/a n/a n/a n/a n/a
136.3% 66.8% n/a 315.2% 70.3% 71.7% 49.3%
0.4% 0.7% n/a 0.0% 0.6% 0.4% 0.2%
Returns
n/a −32.1% 8.0% −32.5% −30.7% −49.0% −21.9%
−161.1% −17.5% 7.3% −11.4% −7.4% −7.8% −3.1%
Balance and payout
n/a 0.00 0.00 1.73 2.88 4.91 5.70
248.1% 45.6% 8.0% 65.0% 76.0% 83.7% 85.5%