SPRUCE POWER HOLDING CORP
SPRUCE POWER HOLDING CORP
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 45 | 50 | 55 | 54 | 54 | 62 | 73 | 114 | 117 | 121 | 141 | 154 | |||||
Restricted Cash Current | 37 | 36 | 38 | 45 | 37 | 35 | 36 | 36 | 34 | 29 | 32 | 39 | |||||
Accounts Receivable Net Current | 26 | 19 | 16 | 18 | 19 | 20 | 15 | 12 | 13 | 11 | 9 | 13 | |||||
Assets Current | |||||||||||||||||
Assets Current | 114 | 111 | 116 | 125 | 119 | 126 | 136 | 173 | 179 | 178 | 203 | 229 | |||||
Derivative Assets Current | 4 | 4 | 4 | 4 | 5 | 5 | 6 | 7 | 10 | 12 | 11 | 14 | |||||
Prepaid Expense And Other Assets Current | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 5 | 5 | 5 | 10 | 9 | |||||
Assets Of Disposal Group Including Discontinued Op… | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Property Plant And Equipment Net | 545 | 553 | 561 | 569 | 578 | 583 | 589 | 465 | 471 | 478 | 484 | 488 | |||||
Derivative Assets Noncurrent | 11 | 10 | 10 | 10 | 11 | 14 | 18 | 13 | 20 | 21 | 17 | 30 | |||||
Intangible Assets Net Excluding Goodwill | 7 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | |||||
Deferred Rent Receivables Net Noncurrent | 6 | 5 | 5 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | |||||
Operating Lease Right Of Use Asset | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | |||||
Other Assets Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Goodwill | - | - | - | - | - | - | 0 | 0 | 29 | 29 | 29 | 29 | |||||
Assets | 818 | 824 | 837 | 857 | 863 | 878 | 898 | 807 | 858 | 868 | 895 | 940 | |||||
Disposal Group Including Discontinued Operation As… | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable Current | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Other Liabilities Current | 16 | 19 | 20 | 25 | 21 | 28 | 28 | 31 | 21 | 22 | 41 | 52 | |||||
Other Long Term Debt Current | - | 208 | 214 | 218 | 216 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | |||||
Liabilities Current | |||||||||||||||||
Liabilities Current | 289 | 231 | 239 | 247 | 239 | 59 | 60 | 63 | 54 | 53 | 72 | 82 | |||||
Contract With Customer Liability Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 0 | |||||
Operating Lease Liability Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Derivative Liabilities Current | 0 | 0 | 1 | 0 | 0 | 0 | 0 | - | - | - | - | - | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | |||||
Long Term Debt Noncurrent | 393 | 460 | 463 | 467 | 479 | 672 | 677 | 577 | 584 | 585 | 591 | 600 | |||||
Contract With Customer Liability Noncurrent | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 1 | |||||
Operating Lease Liability Noncurrent | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | |||||
Warrants And Rights Outstanding | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | |||||
Derivative Liabilities Noncurrent | 0 | 1 | 2 | 2 | 2 | 2 | 0 | 1 | 0 | 0 | 1 | 0 | |||||
Other Liabilities Noncurrent | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 0 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities | 695 | 705 | 716 | 730 | 735 | 747 | 752 | 655 | 654 | 655 | 680 | 696 | |||||
Stockholders Equity | |||||||||||||||||
Stockholders Equity | 123 | 119 | 121 | 127 | 125 | 131 | 146 | 152 | 205 | 213 | 215 | 244 | |||||
Common Stock Value Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Redeemable Noncontrolling Interest Equity Carrying… | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Additional Paid In Capital | 483 | 482 | 481 | 480 | 480 | 479 | 478 | 477 | 477 | 476 | 476 | 475 | |||||
Retained Earnings Accumulated Deficit | -354 | -357 | -354 | -348 | -347 | -344 | -328 | -322 | -269 | -260 | -258 | -228 | |||||
Treasury Stock Common Value | -8 | -8 | -8 | -8 | -8 | -7 | -6 | -5 | -5 | -5 | -5 | -5 | |||||
Minority Interest | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Liabilities And Stockholders Equity | 818 | 824 | 837 | 857 | 863 | 878 | 898 | 807 | 858 | 868 | 895 | 940 | |||||
Variable Interest Entity Primary Beneficiary | - | 34 | 35 | - | - | - | 36 | - | - | - | - | - | |||||
Allowance For Doubtful Accounts Receivable Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 13 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 350 | 350 | 350 | 350 | 350 | 350 | 350 | 350 | 350 | 350 | 350 | 350 | |||||
Common Stock Shares Issued | 21 | 20 | 20 | 20 | 20 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | |||||
Shares Outstanding | 19 | 18 | 18 | 18 | 18 | 18 | 18 | 19 | 19 | 18 | 18 | 18 | |||||
Treasury Stock Common Shares | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -14.80% | -19.08% | -35.86% | - | - | - | - | - | - | - | - | - |
| 2025 | 20.25% | 13.92% | -25.32% | 10.87% | 108.70% | 102.90% | 2.91% | 2.91% | 10.29% | -12.93% | -26.10% | -29.27% |
| 2024 | -1.58% | -15.04% | -10.55% | -20.36% | -14.97% | -24.85% | 20.96% | 36.24% | 14.85% | -19.50% | -18.67% | -15.35% |
| 2023 | - | - | - | - | - | - | 3.16% | 4.87% | -0.97% | 33.24% | 0.29% | 7.35% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.40 | 0.48 | 0.49 | 0.51 | 0.50 | 2.12 | 2.29 | 2.75 | 3.32 | 3.35 | 2.84 | 2.80 | |||||
| Quick Ratio | 0.39 | 0.47 | 0.47 | 0.49 | 0.48 | 2.04 | 2.19 | 2.68 | 3.23 | 3.25 | 2.70 | 2.68 | |||||
| Working Capital | -175.05M | -119.67M | -122.89M | -121.66M | -120.19M | 66.47M | 76.86M | 110.20M | 125.06M | 124.99M | 131.63M | 146.83M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 5.66 | 5.91 | 5.91 | 5.73 | 5.77 | 5.71 | 5.15 | 4.32 | 3.20 | 3.08 | 3.17 | 2.85 | |||||
| Interest Coverage TTM | 0.48 | 0.46 | 0.35 | 0.19 | -0.77 | -1.16 | -1.25 | -1.02 | -0.93 | -0.82 | -0.83 | -1.51 | |||||
| Debt Ratio | 0.85 | 0.86 | 0.86 | 0.85 | 0.85 | 0.85 | 0.84 | 0.81 | 0.76 | 0.75 | 0.76 | 0.74 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.13 | 0.13 | 0.13 | 0.13 | 0.11 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | |||||
| Days Sales Outstanding TTM | 75.90 | 62.83 | 50.20 | 50.14 | 60.54 | 63.52 | 53.79 | 56.49 | 61.39 | 50.97 | 40.05 | 73.10 | |||||
| Receivables Turnover TTM | 4.81 | 5.81 | 7.27 | 7.28 | 6.03 | 5.75 | 6.79 | 6.46 | 5.95 | 7.16 | 9.11 | 4.99 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.32 | -0.75 | -1.44 | -1.36 | -4.32 | -4.56 | -3.79 | -5.08 | -3.11 | -2.60 | -3.62 | -4.55 | |||||
| Free Cash Flow Per Share TTM | -0.24 | 0.15 | -0.21 | -0.27 | -0.96 | -1.60 | -2.28 | -2.50 | -2.24 | -2.52 | -1.86 | -1.92 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | - | 73.85% | 73.94% | 80.79% | 80.75% | 75.14% | 71.53% | 71.35% | 66.91% | 68.97% | 70.17% | 53.88% | |||||
| Operating Profit Margin TTM | 22.47% | 21.08% | 16.04% | 8.72% | -36.82% | -55.32% | -61.37% | -67.60% | -50.16% | -46.97% | -46.10% | -61.84% | |||||
| Net Profit Margin TTM | -6.55% | -12.16% | -23.28% | -22.72% | -78.56% | -94.62% | -85.32% | -121.05% | -75.07% | -62.05% | -83.41% | -106.39% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 10.22% | 27.09% | 36.18% | 38.45% | 23.47% | 9.50% | 2.81% | 4.87% | 34.35% | 119.16% | 244.31% | 1,236.50% | |||||
| Net Income Growth (1Y) | -90.81% | -83.67% | -62.85% | -74.01% | 29.21% | 66.98% | 5.17% | 19.33% | -26.84% | -48.32% | -28.22% | 19.82% | |||||
| EPS Growth (1Y) | -91.16% | -83.65% | -62.02% | -73.19% | 38.98% | 75.34% | 4.72% | 11.52% | -29.35% | -50.55% | -30.38% | 23.35% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -6.76 | -5.50 | -3.53 | -1.80 | -0.47 | -0.53 | -0.78 | -0.56 | -1.18 | -1.53 | -1.22 | -1.20 | |||||
| P/B TTM | 0.39 | 0.62 | 0.76 | 0.35 | 0.28 | 0.34 | 0.38 | 0.35 | 0.34 | 0.36 | 0.38 | 0.39 | |||||
| P/S TTM | 0.44 | 0.67 | 0.82 | 0.41 | 0.37 | 0.50 | 0.67 | 0.68 | 0.88 | 0.95 | 1.02 | 1.27 | |||||
| Market Cap | 48.04M | 74.50M | 91.97M | 44.10M | 36.19M | 43.83M | 54.86M | 52.73M | 70.34M | 75.82M | 81.29M | 94.39M | |||||
| Enterprise Value | 359.45M | 449.21M | 461.76M | 412.09M | 425.16M | 619.14M | 622.73M | 479.75M | 504.61M | 511.51M | 499.22M | 501.27M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -4.54M | 2.76M | -3.75M | -4.87M | -17.15M | -29.12M | -42.17M | -46.49M | -43.22M | -48.15M | -34.16M | -33.30M | |||||
| Net Debt | 311.42M | 374.72M | 369.80M | 368.00M | 388.97M | 575.31M | 567.87M | 427.02M | 434.27M | 435.69M | 417.93M | 406.88M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
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| Average Inventory | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
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| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
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| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
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| Net Debt to Equity | |||||||||||||||||
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| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
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| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
SPRUCE POWER HOLDING CORP (SPRU) — SEC Financial Statements & Analysis
SPRUCE POWER HOLDING CORP (SPRU) is a electric services company, incorporated in DE. SPRUCE POWER HOLDING CORP trades on NYSE as: SPRU. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), SPRUCE POWER HOLDING CORP reported a 10.22% year-over-year revenue growth, a Gross Profit Margin of 73.85% (TTM), a Debt-to-Equity ratio of 5.66x, a Price-to-Sales (P/S) ratio of 0.44x (TTM), a Price-to-Book (P/B) ratio of 0.39x (TTM), at a market cap of $48.04M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 10.22%
- Gross Profit Margin TTM
- 73.85%
- Debt To Equity
- 5.66x
- P/S TTM
- 0.44x
- P/B TTM
- 0.39x
- Market Cap
- $48.04M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is SPRUCE POWER HOLDING CORP in?
SPRUCE POWER HOLDING CORP (SPRU) operates in the Electric Services industry.
What is SPRU's market cap?
SPRUCE POWER HOLDING CORP (SPRU) has a market capitalization of $48.04M as of 2026-06-30.
What exchange does SPRU trade on?
SPRUCE POWER HOLDING CORP (SPRU) trades on the NYSE.
Where is SPRUCE POWER HOLDING CORP incorporated?
SPRUCE POWER HOLDING CORP is incorporated in DE.