---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-015668"
form_type: "8-K"
ticker: "SPRU"
cik: "0001772720"
company_name: "SPRUCE POWER HOLDING CORP"
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T02:04:53.127813+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Spruce Power Q4 revenue $20.2M, net loss $5.9M; portfolio grows to 85k assets

## Summary
- Q4 2024 revenue $20.2M (+29% YoY); Operating EBITDA $10.8M; net loss $5.9M.
- Acquired ~9,800 home solar assets from NJR in 2024; total portfolio ~85,000 assets across 18 states.
- Launched Spruce Pro; signed ADT servicing deal for ~60,000 third-party residential solar systems.
- Customer satisfaction score rose to 83% in 2024 from 74% in 2023.
- Q4 repurchased 0.3M shares at $2.93 avg; $43.8M remains under $50M buyback program.

## SEC filing metadata
- accession: 0001628280-25-015668
- form_type: 8-K
- ticker: SPRU
- cik: 0001772720
- company_name: SPRUCE POWER HOLDING CORP
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1772720/000162828025015668/0001628280-25-015668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772720/000162828025015668/spru-20250331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-015668
- JSON: https://secwatch.observer/filing/0001628280-25-015668.json
- Plain text: https://secwatch.observer/filing/0001628280-25-015668.txt

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