Quick Answer
SPRUCE POWER HOLDING CORP reported R&D Expense of $10.78 million for fiscal year 2021.
SPRUCE POWER HOLDING CORP R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2021 | $10.78M | +142.4% |
| 2020 | $4.45M | +54.7% |
| 2019 | $2.87M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2022 | $2.35M | -27.0% | -2.3% |
| June 30, 2022 | $2.40M | -14.4% | -19.6% |
| March 31, 2022 | $2.99M | +111.7% | -7.1% |
| September 30, 2021 | $3.22M | +95.4% | +14.5% |
| June 30, 2021 | $2.81M | +341.0% | +98.9% |
| March 31, 2021 | $1.41M | +39.3% | -14.2% |
| September 30, 2020 | $1.65M | — | +158.4% |
| June 30, 2020 | $637.0K | — | -37.2% |
- SPRUCE POWER HOLDING CORP showed an increase of +142.4% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2021 period, SPRUCE POWER HOLDING CORP’s r&d expense has grown by 274.9% (from $2.87 million to $10.78 million).
- The most recent figure is from SPRUCE POWER HOLDING CORP’s fiscal year 2021 report (Form 10-K), filed with the SEC on March 1, 2022.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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