Welcome to our dedicated page for Spruce Power Holding news (Ticker: SPRU), a resource for investors and traders seeking the latest updates and insights on Spruce Power Holding stock.
Spruce Power Holding Corporation reports developments in distributed residential solar energy assets across the United States. The company provides subscription-based services for homeowners, owns cash flows from home solar assets and customer contracts, and uses a power-as-a-service model tied to rooftop solar power and battery storage.
Recurring updates cover financial results, solar renewable energy credit revenue, residential solar portfolio activity, service agreements, debt reduction, and operating cost initiatives. Company news also includes in-house field service expansion, battery storage offerings through the Spruce PRO platform, executive appointments, and governance or capital-allocation actions.
Spruce Power (NYSE: SPRU) reported Q1 2026 results showing improved profitability and cash metrics.
Operating income reached $3.8M versus a $1.7M loss a year ago, Operating EBITDA rose 49%, and adjusted cash flow from operations was $2.6M. Net loss narrowed to $2.9M ($0.16/share). Revenues were $23.4M, roughly flat year-over-year. Core operating costs fell sharply, with O&M down 70% and SG&A down 21%. Spruce ended the quarter with $85.6M in cash, or $4.71 per share, and non-recourse project debt of $687.3M after paying down $8.2M of principal.
Spruce Power (NYSE: SPRU) will report first quarter 2026 financial results after market close on Wednesday, May 13, 2026.
Management will host a conference call and webcast at 3:30 p.m. CT / 4:30 p.m. ET the same day. Replay will be available through May 27, 2026 via the provided webcast link.
Spruce Power (NYSE: SPRU) reported record 2025 results with Operating Income of $17.9M and Operating EBITDA of $80.1M (up 49% year-over-year). Revenues grew 36% for the year; Q4 revenue was $24.0M (up 19% YoY).
The company generated $31.6M of adjusted cash flow in 2025, repaid $35.1M of debt, and exited with $93.1M cash, or $5.13 per share. Total outstanding project debt was $695.5M and gross portfolio PV6 value was $848.0M.
Spruce Power (NYSE: SPRU) will report fourth quarter and full‑year 2025 financial results after the market close on Monday, March 30, 2026. Management will host a conference call and webcast at 3:30 p.m. CT / 4:30 p.m. ET to discuss results.
Investors can access the press release on the company's Investor Relations website and join the live webcast or use the provided dial‑in details; a replay will be available through April 13, 2026.
Spruce Power (NYSE: SPRU) reported it reduced operations & maintenance (O&M) servicing costs by approximately 25% in New Jersey through an in-house, vertically integrated field services model.
The company is expanding that model into Southern California (San Diego through Los Angeles), aims to shorten repair cycles, capture more SREC revenue, and may offer third-party servicing. Spruce owns cash flows from ~84,000 home solar assets and services ~140,000 systems across the U.S.
Spruce Power (NYSE: SPRU) appointed Thomas Cimino as Chief Financial Officer, effective immediately, after serving as Interim CFO since June 2025 and executing his employment agreement on December 3, 2025.
Cimino brings more than 25 years of senior financial leadership across energy, infrastructure, and capital markets, including prior CFO roles at Vantage Drilling International and AEI Services and senior roles at EnfraGen, the U.S. Securities and Exchange Commission, PwC, and KPMG. Company commentary credits Cimino with strengthening internal controls and advancing the company’s operational and capital-allocation strategy.
Spruce Power (NYSE: SPRU) reported Q3 2025 results: revenues $30.7M (+44% YoY) and Operating EBITDA $26.2M (+48% YoY). Total cash was $98.8M or $5.44 per share as of September 30, 2025. Net loss attributable to stockholders improved to $0.9M loss versus $53.6M loss year‑ago. Adjusted cash flow from operations was $20.2M (up 104% YoY); GAAP operating cash flow was $11.2M. O&M expense declined 53% YoY to $1.8M; SG&A declined 4% to $12.9M. Total portfolio: ~85,000 home solar assets and ~60,000 third‑party systems serviced; combined generation ~190,081 MWh in the quarter. Total outstanding non‑recourse debt was $705.6M at a blended rate of 6.1%. Management disclosed a workforce reduction and ongoing refinancing discussions for an SP1 debt obligation due Q2 2026.
Spruce Power (NYSE: SPRU) will release its third quarter 2025 financial results after market close on Tuesday, November 11, 2025.
The company will post a press release on its Investor Relations website and host a live conference call and webcast for investors and analysts on November 11 at 3:30 P.M. CT (4:30 P.M. ET). Dial-in details: (646) 307-1963, Conference ID 3699222. Webcast: https://events.q4inc.com/attendee/304878073.
A replay is available by dialing 800-770-2030 using Conference ID 3699222 through November 24, 2025. The press release will be accessible on the Spruce Power Investor Relations site.
Spruce Power (NYSE: SPRU), a leading residential solar asset operator, has announced a strategic partnership with Treehouse to expand into the home battery storage market. The collaboration leverages Spruce's existing base of over 85,000 residential solar systems nationwide, enabling customers to upgrade their systems with battery storage solutions.
The partnership implements a capital-light growth model that monetizes Spruce's solar fleet through battery upgrades without requiring asset ownership. Through Treehouse's software platform and licensed electricians, Spruce customers will receive comprehensive battery installation services, from system design to permitting and installation.
This strategic move positions Spruce to capture opportunities in grid services and virtual power plants (VPPs) while creating new recurring revenue streams and enhancing customer lifetime value.
Spruce Power (NYSE:SPRU), a leading distributed solar energy asset operator, has secured a multi-year backup servicing agreement with Sunvida, a Puerto Rico-based solar financing platform. The partnership, through Spruce PRO servicing solutions, will initially focus on data storage, validity, and reporting, with potential for future expansion.
The agreement marks Spruce's strategic expansion into Puerto Rico, one of the leading U.S. territories for residential solar adoption per capita. Through this partnership, Sunvida aims to enhance its business continuity and quality assurance for residential solar customers, while Spruce strengthens its position as a comprehensive solar portfolio servicer capable of serving diverse clients from regional investors to Fortune Global 50 companies.