Financials in USD. Standardized financial statements.
A compact view of how Spruce Power Holding Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $111.81M | $82.11M | $79.86M | $23.19M | $15.60M | $20.34M | $7.21M | $9.54M |
| Revenue Growth? | +36.2% | +2.8% | +244.3% | +48.7% | -23.3% | +181.9% | -24.4% | 0.0% |
| Cost of Revenue? | $39.90M | $39.97M | $37.81M | $9.95M | $16.30M | $17.59M | $8.07M | $11.01M |
| Gross Profit? | $71.91M | $42.13M | $42.05M | $13.24M | -$696,000 | $2.74M | -$860,000 | -$1.47M |
| Gross Margin? | +64.3% | +51.3% | +52.7% | +57.1% | -4.5% | +13.5% | -11.9% | -15.4% |
| Operating Expenses? | $54.11M | $92.53M | $78.86M | $72.54M | $58.21M | $18.04M | $12.71M | $11.23M |
| Operating Income? | $17.80M | -$50.39M | -$36.82M | -$59.29M | -$58.91M | -$15.29M | -$13.57M | -$12.70M |
| EBITDA? | $48.31M | -$8.56M | $8.23M | -$34.82M | $53.29M | -$53.61M | -$12.43M | -$12.44M |
| Income Before Tax | -$25.64M | -$70.08M | -$62.49M | -$52.68M | $51.51M | -$60.61M | -$14.90M | -$12.90M |
| Income Tax Expense | $0 | $0 | $0 | $0 | -$1.09M | $0 | $0 | $0 |
| Net Income? | -$25.96M | -$70.49M | -$65.83M | -$93.93M | $28.79M | -$60.61M | -$14.90M | -$12.90M |
| EPS? | $-1.44 | $-3.82 | $-3.58 | $-2.59 | $1.66 | $-2.96 | $-4.89 | $-10.07 |
| Diluted EPS? | $-1.44 | $-3.82 | $-3.58 | $-2.59 | $1.66 | $-2.96 | $-4.89 | $-10.07 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality