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Spruce Power Holding Corp income statement

In fiscal 2025, Spruce Power Holding Corp reported revenue of $112m, up 36.2% on the year before, operating income of $17.9m (a 16.0% margin) and net income of −$26.0m, or −$1.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Spruce Power Holding Corp: income statement, annual
Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue7200238082112109
Cost of revenue818161038———
Gross profit−13−11342———
Research and development3411—————
Selling, general and administrative1014357356595549
Operating income−14−15−35−59−37−501824
Interest expense0001142405151
Net interest income−2−6−0−10————
Income tax——————00
Net income−15−6129−94−66−70−26−7
Diluted EPS−$1.52−$0.72$0.19−$5.27−$3.58−$3.82−$1.44−$0.38
Diluted shares (average)10m11m19m18m18m18m18m19m
EBITDA−13−15−35−53−15−264855

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Spruce Power Holding Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Spruce Power Holding Corp.