---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-037209"
form_type: "8-K"
ticker: "SPRU"
cik: "0001772720"
company_name: "SPRUCE POWER HOLDING CORP"
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:23:09.323762+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Spruce Power Q2 revenue $22.5M, net loss $8.6M; guidance maintained but trending lower

## Summary
- Q2 2024 revenue $22.5M (down from $22.8M YoY); net loss $8.6M; Operating EBITDA $14.4M.
- Unrestricted cash $116.6M; total debt $640M at 5.9% blended rate; refinanced SP4 debt adding >$6M net cash.
- FY2024 guidance maintained: Operating EBITDA $68-86M, Adjusted FCF $0-5M, but trending lower due to CEO severance ($1.9M) and proxy contest costs.
- Owns ~75,000 home solar assets; no share buybacks in Q2; $44.7M repurchase authority remains.

## SEC filing metadata
- accession: 0001628280-24-037209
- form_type: 8-K
- ticker: SPRU
- cik: 0001772720
- company_name: SPRUCE POWER HOLDING CORP
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772720/000162828024037209/0001628280-24-037209-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772720/000162828024037209/spru-20240814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-037209
- JSON: https://secwatch.observer/filing/0001628280-24-037209.json
- Plain text: https://secwatch.observer/filing/0001628280-24-037209.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.