Spruce Power Holding annual gross margin
2019
2020
Spruce Power Holding Gross Margin Growth & History (SPRU)
Spruce Power Holding's gross margin was 13.49% for fiscal 2020.
View full Spruce Power Holding company overviewSpruce Power Holding annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2020 | 2020-12-31 | 13.49% | +25.41 pp |
| 2019 | 2019-12-31 | −11.92% | — |
Spruce Power Holding quarterly gross margin
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2021 | 2021-09-30 | 21.56% | +9.44 pp |
| Q2 2021 | 2021-06-30 | 26.04% | +23.74 pp |
| Q1 2021 | 2021-03-31 | −106.07% | −101.85 pp |
| Q4 2020 | 2020-12-31 | 18.27% | — |
| Q3 2020 | 2020-09-30 | 12.12% | — |
| Q2 2020 | 2020-06-30 | 2.30% | — |
| Q1 2020 | 2020-03-31 | −4.22% | — |
Spruce Power Holding gross margin trends
Across the available reported history, Spruce Power Holding's gross margin increased from −11.92% to 13.49%, a change of +25.41 percentage points. The latest reported quarter, Q3 2021, shows 21.56%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Spruce Power Holding filings at SEC.gov ↗