FY2025 · ended Dec 31, 2025 · Revenue $111.81M, +36.2% YoY · Filed Jul 24, 2026
Spruce Power Holding Corporation (SPRU) files with the SEC under industry code 4911, Electric Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $111.8 million and a net loss of $26.0 million. Free cash flow was -$3.8 million. As of Jun 30, 2026 it held $44.7 million in cash and investments and $684.2 million in total debt.
Revenue (TTM)
$108.49M
+10.2% vs year-ago TTM
Net income (TTM)
$-7.33M
+90.6% vs year-ago TTM
Operating cash flow (TTM)
$2.01M
+107.7% vs year-ago TTM
Free cash flow (TTM)
$1.98M
+107.5% vs year-ago TTM
EPS (TTM)
$-0.37
+91.6% vs year-ago TTM
Dividend per share
None
Shares outstanding
18.32M
+0.9% vs prior year
Net cash
$-639.54M
as of Jun 30, 2026
Operating margin
22.5%
FY 2026
Company profile
- Industry
- Electric Services (SIC 4911)
- Listed as
- SPRU (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1772720
- Former names
- XL Fleet Corp. (until Nov 9, 2022); Pivotal Investment Corp II (until Dec 22, 2020)
Other Electric Services companies
- Nextera Energy Inc NEE
- Southern Co SO
- Constellation Energy Corp CEG
- American Electric Power Co Inc AEP
- Dominion Energy, Inc D
- Entergy Corp /DE/ ETR
- Vistra Corp. VST
- Fortis Inc. FTS
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $111.8M | $82.1M | $79.9M | $23.2M | $0 |
| Operating income | $17.9M | -$50.4M | -$36.8M | -$59.3M | -$35.1M |
| Net income | -$26.0M | -$70.5M | -$65.8M | -$93.9M | $28.8M |
| Diluted EPS | -$1.44 | -$3.82 | -$3.58 | -$5.27 | $0.19 |
| Operating cash flow | -$3.5M | -$41.8M | -$33.7M | — | -$48.5M |
| Free cash flow | -$3.8M | -$42.2M | -$34.2M | — | -$52.1M |
| Total assets | $837.3M | $898.5M | $895.0M | $826.6M | $393.2M |
| Total liabilities | $716.0M | $752.3M | $680.4M | $537.6M | $31.4M |
| Stockholders' equity | $121.3M | $146.2M | $214.7M | $288.9M | — |
| Cash and investments | $54.8M | $72.8M | $141.4M | $220.3M | $351.7M |
| Total debt | $700.6M | $736.4M | $653.6M | $536.4M | $163,000 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Other events
|
Oct 6, 2026 | Oct 6, 2026 |
| 8-K/A |
Amended current report
Officer or director change
|
Sep 21, 2026 | Sep 18, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 16, 2026 | Sep 10, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Aug 26, 2026 | Aug 25, 2026 |
| 10-Q | Quarterly report | Aug 13, 2026 | Jun 30, 2026 |
| 8-K/A |
Amended current report
Results of operations
|
Aug 13, 2026 | Aug 12, 2026 |
All 478 Spruce Power Holding Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.