Spruce Power Holding Operating Expenses Growth & History (SPRU)
Spruce Power Holding's operating expenses was $93.9M for fiscal 2025.
View full Spruce Power Holding company overviewSpruce Power Holding annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $93.9M | −$38.6M | −29.15% |
| 2024 | 2024-12-31 | $132.5M | $15.8M | +13.56% |
| 2023 | 2023-12-31 | $116.7M | $34.2M | +41.45% |
| 2022 | 2022-12-31 | $82.5M | $47.4M | +135.05% |
| 2021 | 2021-12-31 | $35.1M | $17.1M | +94.56% |
| 2020 | 2020-12-31 | $18.0M | $5.3M | +41.93% |
| 2019 | 2019-12-31 | $12.7M | — | — |
Spruce Power Holding quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $20.6M | −$3.8M | −15.58% |
| Q1 2026 | 2026-03-31 | $19.6M | −$6.0M | −23.34% |
| Q4 2025 | 2025-12-31 | $21.7M | −$4.5M | −17.18% |
| Q3 2025 | 2025-09-30 | $22.2M | −$36.3M | −62.00% |
| Q2 2025 | 2025-06-30 | $24.4M | −$1.5M | −5.70% |
| Q1 2025 | 2025-03-31 | $25.5M | $3.6M | +16.67% |
| Q4 2024 | 2024-12-31 | $26.2M | $2.0M | +8.37% |
| Q3 2024 | 2024-09-30 | $58.5M | $10.8M | +22.55% |
| Q2 2024 | 2024-06-30 | $25.8M | $2.1M | +8.64% |
| Q1 2024 | 2024-03-31 | $21.9M | $972,000 | +4.65% |
| Q4 2023 | 2023-12-31 | $24.2M | −$11.5M | −32.20% |
| Q3 2023 | 2023-09-30 | $47.8M | $18.5M | +63.24% |
| Q2 2023 | 2023-06-30 | $23.8M | $14.0M | +143.15% |
| Q1 2023 | 2023-03-31 | $20.9M | $13.2M | +170.39% |
| Q4 2022 | 2022-12-31 | $35.7M | — | — |
| Q3 2022 | 2022-09-30 | $29.3M | $10.8M | +58.44% |
| Q2 2022 | 2022-06-30 | $9.8M | −$3.8M | −28.24% |
| Q1 2022 | 2022-03-31 | $7.7M | −$1.6M | −17.46% |
| Q3 2021 | 2021-09-30 | $18.5M | $16.6M | +886.77% |
| Q2 2021 | 2021-06-30 | $13.6M | $13.4M | +6210.01% |
| Q1 2021 | 2021-03-31 | $9.4M | $9.2M | +7038.29% |
| Q4 2020 | 2020-12-31 | $15.8M | — | — |
| Q3 2020 | 2020-09-30 | $1.9M | $1.7M | +1319.10% |
| Q2 2020 | 2020-06-30 | $216,022 | $215,943 | +273345.57% |
| Q1 2020 | 2020-03-31 | $131,264 | — | — |
| Q3 2019 | 2019-09-30 | $131,890 | — | — |
| Q2 2019 | 2019-06-30 | $79 | — | — |
Spruce Power Holding operating expenses trends
Over the last five fiscal years, Spruce Power Holding's operating expenses increased from $18.0M to $93.9M, a change of $75.8M. The latest reported quarter, Q2 2026, shows $20.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Spruce Power Holding source filings ↗