Spruce Power Holding (SPRU)
NYSE:SPRU
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Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.84Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong operational turnaround: double-digit revenue growth, substantial EBITDA expansion, a swing to positive operating income, large year-over-year cost reductions and restored positive adjusted cash flow. These positive developments are tempered by material absolute leverage, a going concern disclosure driven by the timing of a planned refinancing, and reliance on executing a comprehensive capital solution. Management conveyed confidence and lender interest, but financing execution risk and seasonal variability remain near-term concerns.Company Guidance
Quarterly Revenue Growth
Q4 revenue of approximately $24.0M, up 19% year-over-year (from $20.2M in Q4 2024).
Full-Year Revenue Expansion
Full year 2025 revenue increased 36% versus 2024, driven in part by the November 2024 NJR residential solar portfolio acquisition and higher SREC revenue.
Material EBITDA Improvement
Q4 operating EBITDA was ~$17.0M (vs $10.8M in Q4 2024), a ~57% YoY increase; full-year operating EBITDA was $80.1M, up 49% versus 2024.
Turnaround to Positive Operating Income
Full year income from operations was positive $17.9M compared with a loss of $50.4M in the prior year, reflecting a meaningful operating inflection.
Strong Cost Reductions and Structural Savings
O&M expense declined ~64% YoY in the quarter and SG&A declined ~16% YoY; core operating expenses (SG&A + O&M) fell to $14.9M from $20.7M a year earlier (~28% reduction).
Improved Cash Generation
Adjusted cash flow from operations was positive $5.1M in Q4 vs negative $4.1M in the prior-year quarter (a ~$9.2M swing), supporting capital structure actions.
Deleveraging Progress and Liquidity
Repaid $35.1M of debt during 2025 (including $10.1M in the quarter) and ended the year with $93.1M in cash on hand.
Diversified Revenue Components
Twelve-month revenue components disclosed: SREC revenue of $21M and system (leases/PPA) revenue of $78M; SP4-related revenue is recorded below the line as interest income (cash visible in cash flow statement).
Growth Strategy Traction
Management reports a robust pipeline for Spruce Pro (capital-light servicing) and continued activity in acquisitions and programmatic partnerships, positioning future margin expansion without deploying equivalent capital.
SPRU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SPRU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 30, 2026 | $4.00 | $4.10 | +2.50% |
Nov 12, 2025 | $4.72 | $5.15 | +9.11% |
Aug 11, 2025 | $1.45 | $1.38 | -4.83% |
May 14, 2025 | $1.58 | $1.77 | +12.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Spruce Power Holding (SPRU) report earnings?
Spruce Power Holding (SPRU) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is Spruce Power Holding (SPRU) earnings time?
Spruce Power Holding (SPRU) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SPRU EPS forecast?
Currently, no data Available