Highest-materiality recent filing
Spruce Power Q1 2026: Operating income $3.8M vs ($1.7M) loss YoY, cash $85.6M
Revenue $23.4M flat YoY; net loss narrowed to $2.9M ($0.16/sh) from $15.3M ($0.84/sh).
Spruce Power extends shareholder proposal deadline to April 30, 2026
Company further extends deadline for shareholder proposals and director nominations for 2026 annual meeting.
Spruce Power reports record 2025: operating income $17.9M, Op EBITDA $80.1M up 49%
Q4 revenue $24.0M (+19% YoY); full-year revenue up 36%; net loss $6.9M in Q4, $26.0M in FY.
Spruce Power extends shareholder proposal deadline for annual meeting to April 3, 2026
Shareholder proposals and director nominations now due by April 3, 2026.
Spruce Power appoints Thomas Cimino as permanent CFO, effective immediately
Thomas Cimino appointed permanent CFO effective December 1, 2025; had served as interim since June 2025.
Spruce Power Q3 revenue $30.7M (+44% YoY); Operating EBITDA $26.2M (+48%)
Revenue $30.7M (+44% YoY); Operating EBITDA $26.2M (+48% YoY).
Spruce Power cuts 19% of workforce, closes Denver office for $20M annual savings
Reduction in force of ~40 employees/contractors (19% of workforce); one-time severance charge ~$1M in Q3 2025.
Spruce Power acquires 7 solar systems from NJR Clean Energy for $0.2M
Acquired 7 residential solar energy systems from NJR Clean Energy Ventures II (CEV) on Sept 5, 2025.
Spruce Power Q2 revenue up 48% to $33.2M, net loss narrows to $3.0M
Revenue $33.2M (+48% YoY); Operating EBITDA $24.6M (+71%). Net loss narrowed to $3.0M ($0.16 loss per share).
Acquired 18 solar energy systems from CEV (NJR subsidiary) for approx. $0.5M cash.
Spruce Power elects Shawn Kravetz to board; Kevin Griffin retires; all proposals passed
Shareholders elected three Class B directors: Chris Hayes, Clara Nagy McBane, Shawn Kravetz.
Spruce Power acquires 25 solar systems from NJR subsidiary for $0.7M
Acquired 25 solar energy systems from CEV on June 10, 2025, for approx. $0.7M in cash.
Spruce Power appoints Thomas Cimino as Interim CFO after Sarah Wells departure
Former CFO Sarah Wells departed to pursue a private company opportunity; permanent CFO search underway.
The Board of Directors of the Company has appointed Mr. Cimino as the Company’s Interim Chief Financial Officer to serve as the Company’s principal financial officer and principal accounting officer effective June 5, 2025.
Max materiality 0.80 · Median 0.55 · Most common event earnings