Spruce Power Holding Corporation (SPRU)
| Market Cap | 49.97M +35.5% |
| Revenue (ttm) | 111.40M +27.1% |
| Net Income | -13.61M |
| EPS | -0.76 |
| Shares Out | 18.17M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 74,957 |
| Open | 2.830 |
| Previous Close | 2.840 |
| Day's Range | 2.700 - 2.880 |
| 52-Week Range | 1.130 - 6.750 |
| Beta | 1.22 |
| Analysts | n/a |
| Price Target | 48.00 (+1,645.46%) |
| Earnings Date | May 13, 2026 |
About SPRU
Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company offers electricity for homeowners through subscription-based payments and solar renewable energy credits (SRECs) for contracted prices, which are generated by home solar energy systems. It also provides Spruce Pro servicing platform, which provides home and third party-owned solar energy systems with portfolio managed services, including billing and collections/asset recovery, account support services, financial asset management,... [Read more]
Financial Performance
In 2025, Spruce Power Holding's revenue was $111.81 million, an increase of 36.18% compared to the previous year's $82.11 million. Losses were -$26.03 million, -63.08% less than in 2024.
Financial StatementsNews
Spruce Power Holding Earnings Call Transcript: Q1 2026
Q1 2026 saw a 49% year-over-year increase in Operating EBITDA and a sharp reduction in net loss, driven by cost optimization and operational efficiencies. Liquidity remained stable, and refinancing initiatives advanced, with full-year guidance reaffirmed.
Spruce Power Reports First Quarter 2026 Results
HOUSTON--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”, "Spruce Power" or the “Company”), a leading owner and operator of distributed solar energy assets across the United S...
Spruce Power to Release First Quarter 2026 Results and Host Conference Call on May 13
HOUSTON--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it wi...
Spruce Power Holding Earnings Call Transcript: Q4 2025
Q4 and full year 2025 saw strong revenue and margin growth, driven by portfolio expansion and cost reductions. Cash flow and EBITDA improved significantly, with a robust pipeline for future growth and refinancing flexibility.
Spruce Power Reports Fourth Quarter and Full-Year 2025 Results
HOUSTON--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”, "Spruce Power" or the “Company”), a leading owner and operator of distributed solar energy assets across the United S...
Spruce Power to Release Fourth Quarter and Full-Year 2025 Results and Host Conference Call on March 30
HOUSTON--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it wi...
Spruce Drives Structural O&M Cost Reductions Through Vertical Integration
HOUSTON--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU), a leading owner and operator of distributed residential solar energy assets across the United States, today announced continued...
Spruce Power Holding appoints Thomas Cimino as CFO
Spruce Power announced that Thomas Cimino has been appointed CFO, effective immediately. Cimino had served as interim CFO since June. Cimino brings more than 25 years of senior financial leadership…
Spruce Power Appoints Thomas Cimino as Chief Financial Officer
HOUSTON--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU), a leading owner and operator of distributed residential solar energy assets across the United States, today announced that Thom...
Spruce Power Holding Earnings Call Transcript: Q3 2025
Revenue grew 44% year-over-year to $30.7 million, driven by acquisitions and SREC sales, while core operating expenses fell 15%. Positive free cash flow and cost reductions strengthened the balance sheet, with no refinancing needed in 2025.
Spruce Power Reports Third Quarter 2025 Results
HOUSTON--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”, "Spruce Power" or the “Company”), a leading owner and operator of distributed solar energy assets across the United S...
Options Volatility and Implied Earnings Moves Today, November 11, 2025
Today, several major companies are expected to report earnings: Ceragon Networks (CRNT), Microvision (MVIS), SFL Corporation (SFL), Endava (DAVA), Hyliion Holdings (HYLN), Spruce Power Holding (SPRU)....
Spruce Power to Release Third Quarter 2025 Results and Host Conference Call on November 11
HOUSTON--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it wi...
Spruce Power Holding partners with Treehouse in home battery storage market
Spruce Power Holding (SPRU) announced a strategic partnership with Treehouse to accelerate Spruce’s expansion of offerings into the home battery storage market. The partnership builds on the company’s...
Spruce Power Partners with Treehouse to Accelerate Expansion into Home Battery Storage, Opening a New Avenue of Growth
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU), a leading owner and operator of distributed residential solar energy assets across the United States, today announced a strategi...
Spruce Power enters multi-year backup servicing agreement with Sunvida
Spruce Power Holding (SPRU) announced a multi-year backup servicing agreement with Sunvida, a Puerto Rico-based solar financing options platform. The Spruce PRO backup servicing partnership will initi...
Spruce Power Wins Competitive Spruce PRO Backup Servicing Agreement Expanding to Puerto Rico, Cementing Status as the Go-To End-to-End Solar Portfolio Servicer
DENVER--(BUSINESS WIRE)--Spruce Wins Competitive Spruce PRO Backup Servicing Agreement Expanding to Puerto Rico.
Spruce Power Holding announces 19% workforce reduction
In a regulatory filing, the company said, “On September 16, 2025, the Board of Directors approved a plan to implement a reduction in force as part of the company’s broader…
Spruce Power announces cost reduction measures, includes workforce adjustments
Spruce Power Holding (SPRU) Corporation announced transformative steps expected to meaningfully improve operational efficiency, drive long-term profitability and optimize the company’s financial posit...
Spruce Power Streamlines Operations, Reducing Costs and Accelerating Path to Sustainable Growth
DENVER--(BUSINESS WIRE)--Spruce Power Streamlines Operations, Reducing Costs and Accelerating Path to Sustainable Growth.
Spruce Power Holding enters partnership with EnerWealth Solutions
Spruce Power Holding (SPRU) announced a partnership with EnerWealth Solutions, a North Carolina-based solar development company, to launch the state’s first residential solar plus storage lease progra...
Spruce Power Wins Competitive Multi-Year Spruce PRO Contract, Expanding Solar and Storage Services in North Carolina
DENVER--(BUSINESS WIRE)--Spruce Power and EnerWealth partnered to launch North Carolina's first residential solar plus storage lease program.
Spruce Power Holding Transcript: Canaccord Genuity’s 45th Annual Growth Conference
Cash per share stands at $5.07 with no corporate debt, and Q2 saw a 48% revenue increase and positive adjusted cash flow. Growth is driven by M&A and high-margin managed services, while cost controls and operational efficiency remain top priorities.
Spruce Power Holding Earnings Call Transcript: Q2 2025
Revenue rose 48% year-over-year and operating EBITDA grew 71%, driven by the NJR acquisition and SREC revenue. Core operating expenses fell 19%, and the company is focused on cost containment and scaling through acquisitions and servicing, aiming for positive free cash flow.
Spruce Power Reports Second Quarter 2025 Results
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today repo...