Spruce Power Holding Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	111.81	82.11	79.86	23.19	-
Revenue Growth (YoY)	36.18%	2.81%	244.31%	-	-
Cost of Revenue	38.9	39.97	37.81	9.95	-
Gross Profit	72.91	42.13	42.05	13.25	-
Selling, General & Admin	55.11	58.89	56.12	73.12	35.09
Depreciation & Amortization Expenses	29.14	23.38	23.82	-	-
Other Operating Expenses	-0.14	33.64	22.74	-0.58	-
Total Operating Expenses	84.11	115.9	102.69	72.54	35.09
Operating Income	17.94	-50.39	-36.82	-59.29	-35.09
Interest Income	20.72	22.76	19.53	1.34	-
Interest Expense	-50.92	-40.23	-41.94	-11.4	-0.04
Other Non-Operating Income (Expense)	11.99	3.3	6.36	-3.49	87.79
Total Non-Operating Income (Expense)	-18.22	-14.18	-16.04	-13.55	87.75
Pretax Income	-0.28	-64.57	-52.86	-72.84	52.65
Net Income	-26.03	-70.49	-65.83	-93.93	28.79
Minority Interest in Earnings	0.32	0.44	-0.78	1.14	-
Earnings From Discontinued Operations	-0.06	0.03	-4.12	-40.11	-23.81
Net Income to Common	-26.03	-70.49	-65.83	-93.93	28.79
Shares Outstanding (Basic)	18	18	18	18	17
Shares Outstanding (Diluted)	18	18	18	18	19
Shares Change (YoY)	-2.18%	0.43%	3.11%	-3.92%	75.62%
EPS (Basic)	-1.44	-3.82	-3.58	-5.27	1.68
EPS (Diluted)	-1.44	-3.82	-3.58	-5.27	1.52
Shares Outstanding	18.17	18.31	18.29	18.05	17.57
Free Cash Flow	-3.75	-42.17	-34.16	-63.49	-28.19
Free Cash Flow Per Share	-0.21	-2.28	-1.86	-3.56	-1.52
Gross Margin	65.21%	51.31%	52.65%	57.11%	-
Operating Margin	16.04%	-61.37%	-46.10%	-255.64%	-
Profit Margin	-22.93%	-85.35%	-78.25%	-227.12%	-
FCF Margin	-3.35%	-51.35%	-42.78%	-273.73%	-
EBITDA	48.13	-26.01	-15.23	-52.84	-35.09
EBITDA Margin	43.05%	-31.68%	-19.07%	-227.80%	-
EBIT	17.94	-50.39	-36.82	-59.29	-35.09
EBIT Margin	16.04%	-61.37%	-46.10%	-255.64%	-

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q