SPRUCE POWER HOLDING CORP Income Statement
SPRU|6 years of annual SEC 10-K data (FY2020-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 6 fiscal years. All figures from audited SEC 10-K filings.
SPRUCE POWER HOLDING CORP reported $82M in revenue and $70M in net loss for FY2025. Revenue has grown at a 62.6% compound annual rate over the past 5 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.11 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $82.1M | $79.9M | $23.2M | $0 | $7.2M | $7.2M |
| Cost of Revenue | - | - | $9.9M | - | $8.1M | $8.1M |
| Gross Profit | - | - | - | - | -$860.0K | -$860.0K |
| SG&A Expense | $58.9M | $56.1M | $73.1M | $35.1M | $9.8M | $9.8M |
| R&D Expense | - | - | - | - | $2.9M | $2.9M |
| Operating Income | -$50.4M | -$36.8M | -$59.3M | -$35.1M | -$13.6M | -$13.6M |
| Interest Expense | - | - | $11.4M | -$39.0K | $99.0K | -$2.2M |
| Income Tax | $0 | - | - | - | - | - |
| Net Income | -$70.5M | -$65.8M | -$93.9M | $28.8M | -$14.9M | -$14.9M |
| EPS (Basic) | -$3.82 | -$3.58 | -$5.27 | $0.21 | -$0.19 | - |
| EPS (Diluted) | -$3.82 | -$3.58 | -$5.27 | $0.19 | -$0.19 | -$0.19 |
| Shares Outstanding | 18.3M | 145.6M | 18.0M | 140.5M | 131.4M | 80.4M |
| Gross Margin | - | - | - | - | -11.9% | -11.9% |
| Operating Margin | -61.4% | -46.1% | -255.6% | - | -188.1% | -188.1% |
| Profit Margin | -85.9% | -82.4% | -405.0% | - | -206.5% | -206.5% |