earnings
confidence high
sentiment positive
materiality 0.75
Spruce Power Q2 2026: Net income $3.3M vs loss; operating income up 10% to $9.8M
SPRUCE POWER HOLDING CORP
- Q2 revenue $30.3M, down from $33.3M YoY; operating income $9.8M vs $8.9M.
- Net income attributable to stockholders $3.3M ($0.15 diluted EPS) vs net loss $3.0M ($0.17 loss) YoY.
- Record Operating EBITDA $26.5M, up 7% YoY; SG&A down 26% to $11.3M.
- Cash $81.5M ($4.24/share); paid down $7.9M debt; total debt $679.5M at 6.2% blended.
- No shares repurchased in Q2; $42M remaining on $50M buyback program.