Spruce Power profit margin SPRU
Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.
- Net margin, 12 months
- −6.8%
- Operating margin, 12 months
- 22.4%
- Net margin on a year earlier
- +72.0 pts
Over the twelve months to Jun 30, 2026, Spruce Power kept −6.8% of its revenue as net profit, with an operating margin of 22.4% and a gross margin of 66.4%.
Five years earlier its net margin was 50.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −23.3% | 16.0% | 71.7% |
| FY2024 | −85.6% | −61.4% | 51.3% |
| FY2023 | −82.4% | −46.1% | 52.7% |
| FY2022 | n/a | n/a | 57.1% |
| FY2021 | n/a | n/a | −4.5% |
| FY2020 | n/a | −75.2% | 13.5% |
| FY2019 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −6.8% | +72.0 pts | 22.4% | |
| Q1 FY26 | −12.2% | +82.6 pts | 21.1% | |
| Q4 FY25 | −23.3% | +62.3 pts | 16.0% | |
| Q3 FY25 | −23.2% | n/a | 8.5% | |
| Q2 FY25 | −78.8% | −2.9 pts | −36.9% | |
| Q1 FY25 | −94.8% | −33.8 pts | −55.3% | |
| Q4 FY24 | −85.6% | −3.1 pts | −61.4% | |
| Q3 FY24 | n/a | n/a | −67.6% | |
| Q2 FY24 | −75.9% | n/a | −50.2% | |
| Q1 FY24 | −61.1% | n/a | −47.0% | |
| Q4 FY23 | −82.4% | n/a | −46.1% | |
| Q3 FY23 | −95.8% | n/a | −55.8% |
Against its peers
Companies in Regulated Electric nearest Spruce Power's size, closest first, today.
| Company | Profit margin |
|---|---|
| SPRUSpruce Power | −6.8% |
| ONENONE Nuclear Energy | n/m |
| HDRNHadron Energy | n/m |
| PLMKPlum Acquisition Corp, IV | n/m |
Where Spruce Power ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Spruce Power
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.