Spruce Power Holding Corp
SPRU NYSE· Electric Services
Last close · Oct 23, 2026
$1.33
KIRA · Stoqly’s AI analyst, in plain words
- Spruce Power Holding Corp had $112M of revenue in fiscal 2025, up 36.2% on the year before. Over five years, revenue changed +40.6% a year on average.
- Its operating margin was 16.0%, up 77.4 pts: of every 100 in sales, about 16 is left after running the business.
- Spruce Power Holding Corp lost $26.0M in fiscal 2025.
- Free cash flow was −$3.8M in fiscal 2025, −3.4% of revenue.
- Spruce Power Holding Corp owes $641M more than it holds in cash, about 13.3 years of operating profit.
Market cap
$29.2M
P/E
—
Revenue
$112M
Net income
−$26.0M
Free cash flow
−$3.8M
Operating margin
16.0%
Spruce Power Holding Corp in 30 seconds · fiscal 2025
Are sales growing?
+36.2%
Yes. Sales grew 36.2% last year.
Does it make a profit?
−23.3%
No. It lost money last year.
Does profit turn into cash?
−3.4%
No. It spent more cash than it brought in.
Is debt under control?
13.3x
Heavy. Repaying its debt would take 13.3 years of operating profit.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Spruce Power Holding Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 31, 2026
- Legal name
- SPRUCE POWER HOLDING CORP
- CIK
- 0001772720
Spruce Power Holding Corp · SPRU
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $0.0M | $23.2M | $79.9M | $82.1M | $112M |
| Revenue growth | −100.0% | — | 244.3% | 2.8% | 36.2% |
| Net interest income | −$0.0M | −$10.1M | — | — | — |
| Gross margin | — | 57.1% | 52.7% | — | — |
| Operating margin | — | −255.6% | −46.1% | −61.4% | 16.0% |
| Net income | $28.8M | −$93.9M | −$65.8M | −$70.5M | −$26.0M |
| Net margin | — | −405.0% | −82.4% | −85.9% | −23.3% |
| Diluted EPS | $0.19 | −$5.27 | −$3.58 | −$3.82 | −$1.44 |
| Cash | |||||
| Cash from operations | −$48.5M | −$63.5M | −$33.7M | −$41.8M | −$3.5M |
| Capital expenditure | $3.6M | $0.0M | $0.5M | $0.4M | $0.2M |
| Free cash flow | −$52.1M | −$63.5M | −$34.2M | −$42.2M | −$3.8M |
| FCF margin | — | −273.7% | −42.8% | −51.4% | −3.4% |
| Share count change | 75.6% | −88.0% | 3.1% | 0.4% | −2.2% |
| Debt and strength | |||||
| Cash and short-term investments | $352M | $220M | $141M | $72.8M | $54.8M |
| Debt incl. finance leases | $0.1M | $533M | $647M | $731M | $696M |
| Shareholders' equity | $362M | $289M | $215M | $144M | $119M |
| Net debt / EBITDA | — | — | — | — | 13.3x |
| Current ratio | 22.5x | 4.6x | 2.8x | 2.3x | 0.5x |
| Interest coverage | −948.5x | −5.2x | −0.9x | −1.3x | 0.4x |
| Returns and quality | |||||
| Return on capital | −270.9% | −7.8% | −4.0% | −5.0% | 1.9% |
| Return on equity | 10.5% | −28.9% | −26.1% | −39.3% | −19.8% |
| Return on tangible equity | 8.1% | −36.1% | −37.5% | −52.3% | −23.4% |
| Piotroski F-score | 3 | 3 | 3 | 2 | 4 |
| Altman Z'' | 16.6 | 1.0 | 0.1 | −0.8 | −2.0 |
Insiders bought, 12 months
$8.6M
6 insiders
Insiders sold, 12 months
$0.2M
2 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Spruce Power Holding Corp · SPRU
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $1.33 a share, the company is worth $29.2M.
Source: SEC EDGAR XBRL filings (CIK 0001772720). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.