SPRU 8-K SEC Filing Analysis

Latest settled — T+20d

SPRU ▼ -18.54% at T+20d

LONG call ✗ call lost -18.54% · α vs SPY -27.96% · entry $4.10 → $3.34

Next anchor: T+60d in 10d

Last close $2.84 (close Jun 12) · -30.73% from $4.10 entry

Entry anchored
Mar 30, 03:59 PM ET
via Databento tick

T+1d

+0.24%

call +0.24% · α -0.50%

$4.11

settled 3mo ago

T+5d

-1.71%

call -1.71% · α -5.65%

$4.03

settled 2mo ago

T+20d

-18.54%

call -18.54% · α -27.96%

$3.34

settled 7w ago

T+60d

—

call — · α —

—

in 10d

Price Chart

Loading chart...

Executive Summary

Spruce Power reported fourth quarter and full-year 2025 results, achieving record operating income of $17.9 million and full-year Operating EBITDA of $80.1 million, up 49% year-over-year. Revenues rose 36% for the year, driven by portfolio growth and servicing expansion, while the company reduced core operating costs and exited the year with $93.1 million in cash, or $5.13 per share.

Actionable Insight

The company's structural cost reductions and strong EBITDA growth signal improving margins and scalability; monitor the upcoming conference call for guidance on 2026 growth and refinancing plans.

Key Facts

Full-year 2025 Operating Income of $17.9 million vs. a loss of $50.4 million in 2024
Full-year Operating EBITDA of $80.1 million, up 49% year-over-year
Revenues of $24.0 million in Q4 2025, up 19% year-over-year, and $111.8 million for the full year, up 36%
Reduced core operating costs, with a 64% decline in OM expense and 16% decline in SGA expense in Q4
Ended 2025 with $93.1 million in cash, or $5.13 per share, after paying down $35.1 million in debt

Financial Impact

Revenues up 36% year-over-year, Operating EBITDA up 49%, and cash position of $5.13 per share

revenueebitdacash

Risk Factors

Forward-looking statements about refinancing SP1 debt and future growth are subject to market conditions and execution risk
The company's reliance on solar renewable energy credits (SRECs) revenue could be impacted by regulatory changes

Market Snapshot

Exchange

NYSE

Sector

Electric Services

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

Document	Accession Number
8-K Filing (Primary)	0001628280-26-022031
Document: spru-20260330.htm	0001628280-26-022031
Document: 0001628280-26-022031-index-headers.html	0001628280-26-022031
Document: 0001628280-26-022031-index.html	0001628280-26-022031
Document: 0001628280-26-022031.txt	0001628280-26-022031
8-K Data (Synthetic)	0001628280-26-022031

3 reports for SPRU

T+1T+5T+20T+60

Filters

Reports for SPRU — sortable, filterable
	Type				Now
May 14, 2026 4w ago	8-K MIXED ★ 5/10	$3.04 $2.96	▼ −2.63%	▼ −1.91%	$2.84 (−6.58%)
Apr 3, 2026 10w ago	8-K NEUTRAL ★ 2/10	$4.13 $4.00	▼ −3.15%	▼ −7.28%	$2.84 (−31.23%)
Mar 30, 2026 10w ago	8-K BULLISH ★ 8/10	$4.10 $4.03	▼ −1.71%	▼ −5.65%	$2.84 (−30.73%)

US Market Status

Market Closed — Opens in 5h 7m

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access