Spruce Power Holding annual gross margin
2019
2020
2022
2023
2024
2025
Spruce Power Holding Gross Margin Growth & History (SPRU)
Spruce Power Holding's gross margin was 65.21% for fiscal 2025.
View full Spruce Power Holding company overviewSpruce Power Holding annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 65.21% | +13.89 pp |
| 2024 | 2024-12-31 | 51.31% | −1.34 pp |
| 2023 | 2023-12-31 | 52.65% | −4.45 pp |
| 2022 | 2022-12-31 | 57.11% | — |
| 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
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 67.84% | −3.72 pp |
| Q1 2026 | 2026-03-31 | 63.96% | +10.95 pp |
| Q4 2025 | 2025-12-31 | 62.81% | — |
| Q3 2025 | 2025-09-30 | 69.61% | +14.79 pp |
| Q2 2025 | 2025-06-30 | 71.56% | +16.66 pp |
| Q1 2025 | 2025-03-31 | 53.00% | +1.50 pp |
| Q3 2024 | 2024-09-30 | 54.83% | −2.98 pp |
| Q2 2024 | 2024-06-30 | 54.90% | −7.43 pp |
| Q1 2024 | 2024-03-31 | 51.51% | −5.09 pp |
| Q4 2023 | 2023-12-31 | 26.40% | −28.84 pp |
| Q3 2023 | 2023-09-30 | 57.81% | −3.34 pp |
| Q2 2023 | 2023-06-30 | 62.33% | — |
| Q1 2023 | 2023-03-31 | 56.60% | — |
| Q4 2022 | 2022-12-31 | 55.24% | — |
| Q3 2022 | 2022-09-30 | 61.14% | +39.58 pp |
| 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
Over the last five fiscal years, Spruce Power Holding's gross margin increased from 13.49% to 65.21%, a change of +51.71 percentage points. The latest reported quarter, Q2 2026, shows 67.84%.
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.
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