---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-025996"
form_type: "8-K/A"
ticker: "SPRU"
cik: "0001772720"
company_name: "SPRUCE POWER HOLDING CORP"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T05:26:53.447327+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Spruce Power corrects Q1 2025 results: revenue $23.8M, net loss $15.3M

## Summary
- Revenue $23.8M (+30% YoY); Operating EBITDA $12.3M (+15% YoY).
- Net loss attributable to stockholders $15.3M; total operating expenses $25.5M.
- Core operating expenses (SG&A $14.1M + O&M $3.9M) = $18.0M, up from $16.6M Q1 2024.
- Total cash $96.5M; total debt $723.8M (non-recourse, 6.0% blended rate).
- Repurchased 0.3M shares at $2.70 avg price for $0.8M; $43M remaining in buyback program.

## SEC filing metadata
- accession: 0001628280-25-025996
- form_type: 8-K/A
- ticker: SPRU
- cik: 0001772720
- company_name: SPRUCE POWER HOLDING CORP
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772720/000162828025025996/0001628280-25-025996-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772720/000162828025025996/spru-20250514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-025996
- JSON: https://secwatch.observer/filing/0001628280-25-025996.json
- Plain text: https://secwatch.observer/filing/0001628280-25-025996.txt

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