secwatch.observer — SEC 8-K summary
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Issuer:     SPRUCE POWER HOLDING CORP (SPRU)
CIK:        0001772720
Form:       8-K
Filed at:   2026-03-30T23:59:59+00:00
Accession:  0001628280-26-022031
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spruce Power reports record 2025: operating income $17.9M, Op EBITDA $80.1M up 49%
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- Q4 revenue $24.0M (+19% YoY); full-year revenue up 36%; net loss $6.9M in Q4, $26.0M in FY.
- Full-year operating income of $17.9M vs loss of $50.4M in 2024; Operating EBITDA $80.1M up 49%.
- Core operating expenses down 28% in Q4; O&M expense fell 64%, SG&A down 16% YoY.
- Cash $93.1M ($5.13/share); debt $695.5M at 6.1% blended rate; paid down $35.1M debt in 2025.
- Portfolio of ~84,000 home solar assets; extended SP1 facility to pursue broader refinancing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772720/000162828026022031/0001628280-26-022031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772720/000162828026022031/spru-20260330.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-022031

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