Spruce Power Holding Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	108.01	82.11	79.86	23.19	-	20.34
Revenue Growth (YoY)	38.75%	2.81%	244.31%	-	-	181.89%
Cost of Revenue	41.42	39.97	37.81	9.95	-	17.59
Gross Profit	66.59	42.13	42.05	13.25	-	2.74
Selling, General & Admin	57.6	58.89	56.12	73.12	35.09	13.59
Depreciation & Amortization Expenses	28.26	23.38	23.82	-	-	-
Research & Development	-	-	-	-	-	4.45
Other Operating Expenses	-0.27	33.64	22.74	-0.58	-	-
Total Operating Expenses	85.59	115.9	102.69	72.54	35.09	18.04
Operating Income	9.25	-50.39	-36.82	-59.29	-35.09	-15.29
Interest Income	21.48	22.76	19.53	1.34	-	-
Interest Expense	-48.63	-40.23	-41.94	-11.4	-0.04	-6.37
Other Non-Operating Income (Expense)	6.69	3.3	6.36	-3.49	87.79	-36.87
Total Non-Operating Income (Expense)	-25.73	-14.18	-16.04	-13.55	87.75	-43.24
Pretax Income	-16.48	-64.57	-52.86	-72.84	52.65	-58.53
Net Income	-25.09	-70.49	-65.83	-93.93	28.79	-58.53
Minority Interest in Earnings	0.72	0.44	-0.78	1.14	-	-
Earnings From Discontinued Operations	-0.08	0.03	-4.12	-40.11	-23.81	-
Net Income to Common	-25.09	-70.49	-65.83	-93.93	28.79	-58.53
Shares Outstanding (Basic)	4,513	18	18	18	17	11
Shares Outstanding (Diluted)	4,513	18	18	18	19	11
Shares Change (YoY)	-3.06%	0.43%	3.11%	-3.92%	75.62%	5.94%
EPS (Basic)	-1.38	-3.82	-3.58	-5.27	1.68	-5.76
EPS (Diluted)	-1.38	-3.82	-3.58	-5.27	1.52	-5.76
Free Cash Flow	-14.08	-42.17	-34.16	-63.49	-28.19	-20.03
Free Cash Flow Per Share	-0.00	-2.28	-1.86	-3.56	-1.52	-1.89
Gross Margin	61.65%	51.31%	52.65%	57.11%	-	13.49%
Operating Margin	8.56%	-61.37%	-46.10%	-255.64%	-	-75.20%
Profit Margin	-22.49%	-85.35%	-78.25%	-227.12%	-	-287.79%
FCF Margin	-13.03%	-51.35%	-42.78%	-273.73%	-	-98.47%
EBITDA	37.7	-29.11	-15.23	-52.84	-35.09	-14.67
EBITDA Margin	34.90%	-35.45%	-19.07%	-227.80%	-	-72.14%
EBIT	9.25	-50.39	-36.82	-59.29	-35.09	-15.29
EBIT Margin	8.56%	-61.37%	-46.10%	-255.64%	-	-75.20%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q