SPRU on NYSE
SPRUCE POWER HOLDING CORP
SPRUCE POWER HOLDING CORP is an American electric services company based in Houston, incorporated in Delaware.2
$1.46 down 0.01 (0.59%)Price as of Oct 15, 2026 at 17:33 UTC
Last updated Oct 21, 2026.
Overview
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- TickerSPRU on NYSE2
- IndustryElectric Services2
- HeadquartersHouston, United States2
- Incorporated inDE4
- Business address820 Gessner Road, Suite 500, Houston, Tx 770244
- Filer categoryNon-accelerated filer, Smaller reporting company4
- Legal formLimited Liability Company2
- LEI254900VNP4G4FUKKI3032
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressc/o Corporation Service Company, 19808 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 64964292
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Spruce Power Holding Corporation and its subsidiaries (“Spruce Power”) is a leading owner and operator of distributed solar energy assets across the United States (the “U.S.”), offering subscription-based services to approximately 84,000 home solar assets and customer contracts, making renewable energy more accessible to everyone. We are engaged in the ownership and maintenance of home solar energy systems for homeowners in the U.S.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
16.0%Operating margin7
-23.3%Net margin7
36.2%Revenue growth, 20257
-21.5%Return on equity7
3.82×Debt to equity7
-$3.8MFree cash flow7
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
SLA Revenue brought in 36% of the revenue SPRUCE POWER HOLDING CORP broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| SLA Revenue | $29.0M | $39.9M |
| PPA Revenue | $38.4M | $38.0M |
| Solar Renewable Energy Credit Revenue | $7.2M | $21.4M |
| Service | $778.0K | $3.8M |
| Product and Service, Other | $3.2M | $3.6M |
| Amortization Of Intangible Assets | $3.1M | $3.0M |
| Government Incentives | $425.0K | $2.1M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin49¢$55.1M
- Other costs51¢$56.7M
Out of $111.8M in revenue.7 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $111.8M | $82.1M |
| Selling, general and administrative expenses | $55.1M | $58.9M |
| Litigation settlements | $1.7M | $7.4M |
| Gain on asset disposal, net | -$1.9M | -$2.5M |
| Impairment of goodwill | $0 | $28.8M |
| Total operating expenses | $93.9M | $132.5M |
| Income (loss) from operations | $17.9M | -$50.4M |
| Interest income | -$20.7M | -$22.8M |
| Interest expense, net | $50.9M | $40.2M |
| Change in fair value of warrant liabilities | $0 | -$17.0K |
| Change in fair value of interest rate swaps | $12.7M | $2.8M |
| Other expense (income) | $699.0K | -$525.0K |
| Net loss from continuing operations | -$25.6M | -$70.1M |
| Net income (loss) from discontinued operations | -$64.0K | $25.0K |
| Net loss | -$25.7M | -$70.1M |
| Less: Net income attributable to noncontrolling interests | $320.0K | $436.0K |
| Net loss attributable to stockholders | -$26.0M | -$70.5M |
| Net loss from continuing operations per share, basic (in dollars per share) | -$1 | -$4 |
| Net loss from continuing operations per share, diluted (in dollars per share) | -$1 | -$4 |
| Net income (loss) from discontinued operations, per share, basic (in dollars per share) | $0 | $0 |
| Net income (loss) from discontinued operations per share, diluted (in dollars per share) | $0 | $0 |
| Net loss attributable to stockholders per share, basic (in dollars per share) | -$1.44 | -$3.82 |
| Net loss attributable to stockholders per share, diluted (in dollars per share) | -$1.44 | -$3.82 |
| Weighted-average shares outstanding, basic (in shares) | 18.1M shares | 18.5M shares |
| Weighted-average shares outstanding, diluted (in shares) | 18.1M shares | 18.5M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $54.8M | $72.8M | |
| Restricted cash | $38.3M | $36.3M | |
| Accounts receivable, net of allowance of $0.8 million and $0.8 million as of December 31, 2025 and 2024, respectively | $15.7M | $15.0M | |
| Interest rate swap assets, current | $3.8M | $6.3M | |
| Prepaid expenses and other current assets | $3.2M | $6.0M | |
| Total current assets | $115.9M | $136.4M | |
| Investment related to SEMTH master lease agreement | $132.8M | $136.9M | |
| Property and equipment, net | $561.4M | $589.0M | |
| Interest rate swap assets, non-current | $10.0M | $18.4M | |
| Intangible assets, net | $7.8M | $9.0M | |
| Deferred rent assets | $4.9M | $3.7M | $2.5M |
| Right-of-use assets, net | $4.2M | $4.8M | |
| Other assets | $269.0K | $255.0K | |
| Accounts payable | $1.9M | $987.0K | |
| Non-recourse debt, current | $213.8M | $28.3M | |
| Accrued expenses and other current liabilities | $20.3M | $28.1M | |
| Deferred revenue, current | $1.2M | $1.2M | |
| Lease liability, current | $945.0K | $892.0K | |
| Interest rate swap liabilities, current | $545.0K | $0 | |
| Current liabilities of discontinued operations | $12.0K | $61.0K | |
| Total current liabilities | $238.8M | $59.6M | |
| Non-recourse debt, non-current | $462.9M | $677.0M | |
| Deferred revenue, non-current | $3.8M | $2.8M | |
| Lease liability, non-current | $4.2M | $4.8M | |
| Unfavorable solar renewable energy agreements, net | $779.0K | $4.1M | |
| Interest rate swap liabilities, non-current | $1.6M | $385.0K | |
| Other long-term liabilities | $3.9M | $3.5M | |
| Long-term liabilities of discontinued operations | $28.0K | $40.0K | |
| Common stock, $0.0001 par value; 350,000,000 shares authorized at December 31, 2025 and 2024; 20,041,252 and 18,170,425 shares issued and outstanding at December 31, 2025, respectively, and 19,403,262 and 18,311,054 issued and outstanding at December 31, 2024, respectively | $2.0K | $2.0K | |
| Additional paid-in capital | $481.3M | $478.4M | |
| Accumulated deficit | -$354.4M | -$328.4M | |
| Treasury stock at cost, 1,870,827 shares and 1,092,208 at December 31, 2025 and 2024, respectively | -$8.1M | -$6.3M | |
| Noncontrolling interests | $2.4M | $2.4M | |
| Total equity | $121.3M | $146.2M | $214.7M |
| Total liabilities, stockholders equity and noncontrolling interests | $837.3M | $898.5M | |
| Allowance for doubtful accounts, current | $800.0K | $800.0K | |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, authorized (in shares) | 350.0M shares | 350.0M shares | |
| Common stock, issued (in shares) | 20.0M shares | 19.4M shares | |
| Common stock, outstanding (in shares) | 18.2M shares | 18.3M shares | |
| Treasury stock, common, (in shares) | 1.9M shares | 1.1M shares | |
| Assets | $837.3M | $898.5M | |
| Liabilities | $716.0M | $752.3M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $54.8M | $72.8M | |
| Restricted cash | $38.3M | $36.3M | |
| Accounts receivable, net of allowance of $0.8 million and $0.8 million as of December 31, 2025 and 2024, respectively | $15.7M | $15.0M | |
| Interest rate swap assets, current | $3.8M | $6.3M | |
| Prepaid expenses and other current assets | $3.2M | $6.0M | |
| Total current assets | $115.9M | $136.4M | |
| Investment related to SEMTH master lease agreement | $132.8M | $136.9M | |
| Property and equipment, net | $561.4M | $589.0M | |
| Interest rate swap assets, non-current | $10.0M | $18.4M | |
| Intangible assets, net | $7.8M | $9.0M | |
| Deferred rent assets | $4.9M | $3.7M | $2.5M |
| Right-of-use assets, net | $4.2M | $4.8M | |
| Other assets | $269.0K | $255.0K | |
| Accounts payable | $1.9M | $987.0K | |
| Non-recourse debt, current | $213.8M | $28.3M | |
| Accrued expenses and other current liabilities | $20.3M | $28.1M | |
| Deferred revenue, current | $1.2M | $1.2M | |
| Lease liability, current | $945.0K | $892.0K | |
| Interest rate swap liabilities, current | $545.0K | $0 | |
| Current liabilities of discontinued operations | $12.0K | $61.0K | |
| Total current liabilities | $238.8M | $59.6M | |
| Non-recourse debt, non-current | $462.9M | $677.0M | |
| Deferred revenue, non-current | $3.8M | $2.8M | |
| Lease liability, non-current | $4.2M | $4.8M | |
| Unfavorable solar renewable energy agreements, net | $779.0K | $4.1M | |
| Interest rate swap liabilities, non-current | $1.6M | $385.0K | |
| Other long-term liabilities | $3.9M | $3.5M | |
| Long-term liabilities of discontinued operations | $28.0K | $40.0K | |
| Common stock, $0.0001 par value; 350,000,000 shares authorized at December 31, 2025 and 2024; 20,041,252 and 18,170,425 shares issued and outstanding at December 31, 2025, respectively, and 19,403,262 and 18,311,054 issued and outstanding at December 31, 2024, respectively | $2.0K | $2.0K | |
| Additional paid-in capital | $481.3M | $478.4M | |
| Accumulated deficit | -$354.4M | -$328.4M | |
| Treasury stock at cost, 1,870,827 shares and 1,092,208 at December 31, 2025 and 2024, respectively | -$8.1M | -$6.3M | |
| Noncontrolling interests | $2.4M | $2.4M | |
| Total equity | $121.3M | $146.2M | $214.7M |
| Total liabilities, stockholders equity and noncontrolling interests | $837.3M | $898.5M | |
| Allowance for doubtful accounts, current | $800.0K | $800.0K | |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, authorized (in shares) | 350.0M shares | 350.0M shares | |
| Common stock, issued (in shares) | 20.0M shares | 19.4M shares | |
| Common stock, outstanding (in shares) | 18.2M shares | 18.3M shares | |
| Treasury stock, common, (in shares) | 1.9M shares | 1.1M shares | |
| Assets | $837.3M | $898.5M | |
| Liabilities | $716.0M | $752.3M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$25.7M | -$70.1M |
| Add back: Net loss (income) from discontinued operations | $64.0K | -$25.0K |
| Stock-based compensation, net | $3.0M | $2.7M |
| Bad debt expense | $1.3M | $1.4M |
| Amortization of deferred revenue | -$317.0K | -$1.2M |
| Depreciation and amortization expense | $30.2M | $24.4M |
| Amortization related to unfavorable solar renewable energy agreements | -$3.0M | -$3.1M |
| Impairment of goodwill | $0 | $28.8M |
| Accretion expense | $328.0K | $236.0K |
| Change in fair value of interest rate swaps | $12.7M | $2.8M |
| Change in fair value of warrant liabilities | $0 | -$17.0K |
| Interest income related to SEMTH master lease agreement | -$18.1M | -$16.8M |
| Gain on disposal of assets | -$1.9M | -$2.5M |
| Change in operating right-of-use assets and lease liability | -$72.0K | $26.0K |
| Amortization of debt discount and deferred financing costs | $6.5M | $6.0M |
| Accounts receivable, net | -$2.0M | -$3.5M |
| Deferred rent assets | -$1.2M | -$1.3M |
| Prepaid expenses and other current assets | $2.8M | $3.7M |
| Other assets | -$13.0K | $2.0K |
| Accounts payable | $929.0K | -$133.0K |
| Accrued expenses and other current liabilities | -$10.4M | -$15.6M |
| Other long-term liabilities | $0 | -$9.0K |
| Deferred revenue | $1.4M | $2.5M |
| Net cash used in continuing operating activities | -$3.4M | -$41.7M |
| Net cash used in discontinued operating activities | -$125.0K | -$125.0K |
| Net cash used in operating activities | -$3.5M | -$41.8M |
| Proceeds from sale of solar energy systems | $5.6M | $6.1M |
| Proceeds from investment related to SEMTH master lease agreement | $24.7M | $25.6M |
| Cash paid for acquisitions | -$5.3M | -$132.8M |
| Purchases of other property and equipment | -$221.0K | -$354.0K |
| Net cash provided by (used in) continuing investing activities | $24.8M | -$101.4M |
| Proceeds from issuance of non-recourse debt | $0 | $239.8M |
| Payment of deferred financing costs | $0 | -$3.4M |
| Repayments of non-recourse debt | -$35.1M | -$155.9M |
| Share repurchases | -$1.8M | -$853.0K |
| Capital distributions to noncontrolling interests | -$336.0K | -$323.0K |
| Net cash provided by (used in) continuing financing activities | -$37.3M | $79.3M |
| Net cash provided by discontinued financing activities | $0 | $81.0K |
| Net cash provided by (used in) financing activities | -$37.3M | $79.4M |
| Net change in cash and cash equivalents and restricted cash: | -$16.0M | -$63.8M |
| Cash paid for interest | $43.0M | $35.1M |
| Right-of-use asset obtained in exchange for lease liability | $307.0K | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
SPRUCE POWER HOLDING CORP sits at the top of its group. 61 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of SPRUCE POWER HOLDING CORP
- STEEL PARTNERS HOLDINGS L.P. Filed SCHEDULE 13D/A on SPRUCE POWER HOLDING CORP, latest Sep 23, 2026 (7 filings since Nov 13, 2025)
- MGG Investment Group LP Filed SC 13G/A on SPRUCE POWER HOLDING CORP, latest Aug 4, 2023
- VANGUARD GROUP INC Filed SC 13G/A on SPRUCE POWER HOLDING CORP, latest Feb 9, 2023 (2 filings since Feb 10, 2022)
- Thomas J. Hynes Iii. Filed SC 13D/A on SPRUCE POWER HOLDING CORP, latest Mar 31, 2022
- Pivotal Investment Holdings II LLC Filed SC 13G/A on SPRUCE POWER HOLDING CORP, latest Feb 11, 2022
- Ingka Investments Ventures US B.V. Filed SC 13G/A on SPRUCE POWER HOLDING CORP, latest Feb 4, 2022
- SPRUCE POWER HOLDING CORP Houston, Texas, United States
- Ampere Solar Manager IV, LLC Subsidiary · Delaware, United States
- Ampere Solar Owner 1, LLC Subsidiary · Delaware, United States
- Ampere Solar Owner IV, LLC Subsidiary · Delaware, United States
- Kilowatt OBS Owner 1, LLC Subsidiary · Delaware, United States
- KWS Solar Term Borrower 1, LLC Subsidiary · Delaware, United States
- KWS Solar Term Borrower 2, LLC Subsidiary · Delaware, United States
- KWS Solar Term Borrower 3, LLC Subsidiary · Delaware, United States
- KWS Solar Term Parent 1, LLC Subsidiary · Delaware, United States
- KWS Solar Term Parent 2, LLC Subsidiary · Delaware, United States
- KWS Solar Term Parent 3, LLC Subsidiary · Delaware, United States
- ORE F4 HoldCo, LLC Subsidiary · Delaware, United States
- ORE F4 ProjectCo, LLC Subsidiary · Delaware, United States
- ORE F5A Holdco, LLC Subsidiary · Delaware, United States
- ORE F5A ProjectCo, LLC Subsidiary · Delaware, United States
- ORE F6 HoldCo, LLC Subsidiary · Delaware, United States
- ORE F6 ProjectCo, LLC Subsidiary · Delaware, United States
- SET Borrower 2024, LLC ("Borrower") Subsidiary · Delaware, United States
- Solar Service Experts, LLC (dba Spruce Power) Subsidiary · Delaware, United States
- Spruce ABS, LLC Subsidiary · Delaware, United States
- Spruce Asset Management, LLC Subsidiary · Delaware, United States
- Spruce Capital & Trading, LLC Subsidiary · Delaware, United States
- Spruce Fleet, LLC Subsidiary · Delaware, United States
- Spruce Holding Company 1, LLC Subsidiary · Delaware, United States
- Spruce Holding Company 2, LLC Subsidiary · Delaware, United States
- Spruce Holding Company 3, LLC Subsidiary · Delaware, United States
- and 35 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What SPRUCE POWER HOLDING CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $561.4M7 Dec 31, 2025 | $589.0M7 Dec 31, 2024 | −4.7% |
| Operating-lease assets (leased space) | $4.2M7 Dec 31, 2025 | $4.8M7 Dec 31, 2024 | −11.4% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $54.8M7 Dec 31, 2025 | $72.8M7 Dec 31, 2024 | −24.7% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $011 Dec 31, 2024 | $28.8M7 Dec 31, 2023 | −100.0% |
| Intangible assets, net (excluding goodwill) | $7.8M7 Dec 31, 2025 | $9.0M7 Dec 31, 2024 | −12.6% |
| Finite-lived intangibles, gross | $12.0M7 Dec 31, 2025 | $12.0M7 Dec 31, 2024 | 0% |
| Accumulated amortization | $4.2M7 Dec 31, 2025 | $3.0M7 Dec 31, 2024 | +37.3% |
| Finite-lived intangibles, net | $7.8M7 Dec 31, 2025 | $9.0M7 Dec 31, 2024 | −12.6% |
Properties, in its own words
Our corporate headquarters is located in leased office space in Houston, Texas.
Item 2 of the 10-K filed Mar 31, 2026.6
Leadership
Who has led SPRUCE POWER HOLDING CORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
20202025
- Chief executive officerChristopher M. Hayes Apr 16, 2024 to now15
- Chief executive officerChristian S. Fong May 19, 2023 to Apr 16, 202416
- Chief executive officerEric M. Tech Dec 2, 2021 to Nov 16, 202217
- Chief executive officerDimitri Kazarinoff Dec 23, 2020 to Dec 23, 202018
- PresidentChristopher M. Hayes Apr 16, 2024 to now15
- PresidentChristian S. Fong Sep 13, 2022 to Apr 16, 202419
- Chief financial officerThomas James Cimino Jun 30, 2025 to now20
- Chief financial officerSarah Weber Wells Sep 12, 2023 to Jun 30, 202521
- Chief financial officerDonald P. Klein Apr 12, 2022 to Apr 28, 202322
- Chief financial officerCielo Hernandez Apr 20, 2021 to Apr 20, 202123
- Chief financial officerJames Hr Brady Jul 11, 2019 to Jul 11, 201924
Board members and other officers (21)
- SVP of Fin & Acc & Sustain'Sarah Weber Wells Apr 3, 2023 to Apr 5, 202325
- VP / GM of XL GridColleen Calhoun May 20, 2022 to May 23, 202226
- CTO and VP of EngineeringMichael Kenhard May 20, 2022 to May 23, 202227
- Board memberBenjamin L. Rosenzweig Sep 21, 2026 to now28
- Board memberShawn W. Kravetz Jul 1, 2025 to now29
- Board memberJa-Chin Lee Apr 16, 2024 to now30
- Board memberMcBane Clara Nagy Jun 25, 2024 to now31
- Board memberChristian S. Fong Sep 13, 2022 to now19
- Board memberEric M. Tech Dec 2, 2021 to now17
- Board memberChristopher M. Hayes Dec 23, 2020 to now32
- Board memberDebora M. Frodl Dec 23, 2020 to May 6, 202233
- Board memberDeclan Flanagan Dec 23, 2020 to May 28, 202134
- Board memberDimitri Kazarinoff Dec 23, 2020 to Dec 23, 202018
- Board memberNiharika Ramdev Dec 23, 2020 to Dec 15, 202135
- Board memberEfrat Epstein Jul 11, 2019 to Jul 11, 201936
- Board memberKatrina Adams Jul 11, 2019 to Jul 11, 201937
- Board memberKevin Griffin Jul 11, 2019 to Mar 21, 202538
- Board memberSarah Sclarsic Jul 11, 2019 to May 6, 202239
- General counselJonathan M. Norling Apr 3, 2023 to now40
- General counselStacey Constas May 20, 2022 to Jun 30, 202341
- General counselJames P. Berklas Jr. Jan 13, 2021 to Apr 22, 202242
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Ampere Solar Manager IV, LLC Delaware5
- Ampere Solar Owner 1, LLC Delaware5
- Ampere Solar Owner IV, LLC Delaware5
- KWS Solar Term Borrower 1, LLC Delaware5
- KWS Solar Term Borrower 2, LLC Delaware5
- KWS Solar Term Borrower 3, LLC Delaware5
- KWS Solar Term Parent 1, LLC Delaware5
- KWS Solar Term Parent 2, LLC Delaware5
- KWS Solar Term Parent 3, LLC Delaware5
- Kilowatt OBS Owner 1, LLC Delaware5
- ORE F4 HoldCo, LLC Delaware5
- ORE F4 ProjectCo, LLC Delaware5
- ORE F5A Holdco, LLC Delaware5
- ORE F5A ProjectCo, LLC Delaware5
- ORE F6 HoldCo, LLC Delaware5
- ORE F6 ProjectCo, LLC Delaware5
- SET Borrower 2024, LLC ("Borrower") Delaware5
- SS Holdings 2017, LLC Delaware5
- Solar Service Experts, LLC (dba Spruce Power) Delaware5
- Spruce ABS, LLC Delaware5
- Spruce Asset Management, LLC Delaware5
- Spruce Capital & Trading, LLC Delaware5
- Spruce Fleet, LLC Delaware5
- Spruce Holding Company 1, LLC Delaware5
All 60 listed subsidiaries
- Spruce Holding Company 2, LLC Delaware5
- Spruce Holding Company 3, LLC Delaware5
- Spruce Home 2, LLC Delaware5
- Spruce IP Properties, LLC Delaware5
- Spruce Lending, Inc. Delaware5
- Spruce MH Owner 2 NYGB, LLC Delaware5
- Spruce Manager Holding 2 NYGB, LLC Delaware5
- Spruce Manager, LLC Delaware5
- Spruce Maple, LLC Delaware5
- Spruce Market, LLC Delaware5
- Spruce NYGB Borrower, LLC Delaware5
- Spruce NYGB Pledgor, LLC Delaware5
- Spruce PV - OBS Systems, LLC Delaware5
- Spruce Power 1 Borrower LLC Delaware5
- Spruce Power 1, LLC Delaware5
- Spruce Power 2, LLC Delaware5
- Spruce Power 3 HoldCo, LLC Delaware5
- Spruce Power 3, LLC Delaware5
- Spruce Power 4 HoldCo, LLC Delaware5
- Spruce Power 4, LLC Delaware5
- Spruce Power 5 Borrower 2024 LLC Delaware5
- Spruce Power 5 HoldCo, LLC Delaware5
- Spruce Power 5, LLC Delaware5
- Spruce Power Holdings, LLC Delaware5
- Spruce Power Pledgor, LLC Delaware5
- Spruce Sequoia, LLC Delaware5
- Spruce Servicing, LLC Delaware5
- Spruce Storage, LLC Delaware5
- SunServe Residential Solar I, LLC Delaware5
- SunStreet Energy Master Tenant Holdings, LLC ("SEMTH" or "FinCo") Delaware5
- Sungevity Greenwich Lessor, LLC Delaware5
- Sunstreet Energy Tenant, LLC ("SET" or "Tenant") Delaware5
- Volta Manager Holding II, LLC Delaware5
- Volta Solar Manager II, LLC Delaware5
- Volta Solar Owner II, LLC Delaware5
- XL Hybrids, Inc. Delaware5
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Oct 6, 20268-K Other events43
- Sep 21, 20268-K Executive or director change44
- Sep 16, 20268-K Executive or director change45
- Aug 26, 20268-K Shareholder vote46
- Aug 13, 20268-K Results of operations47
- Aug 12, 20268-K Results of operations48
- Aug 11, 20268-K Shareholder vote49
- Jul 16, 20268-K Executive or director change50
- Jun 24, 20268-K Executive or director change51
- May 14, 20268-K Results of operations52
- Apr 3, 20268-K Other events53
- Mar 30, 20268-K Results of operations54
- Apr 16, 2024New chief executive Christopher M. Hayes becomes CEO15
- May 19, 2023New chief executive Christian S. Fong becomes CEO16
- Dec 2, 2021New chief executive Eric M. Tech becomes CEO17
- Dec 23, 2020New chief executive Dimitri Kazarinoff becomes CEO18
Calendar
Coming up
- Nov 10, 2026Reports results for the quarter ending Sep/202655
When it reported results
- Aug 13, 2026Reported quarterly or annual results47
- Aug 12, 2026Reported quarterly or annual results48
- May 14, 2026Reported quarterly or annual results52
- Mar 30, 2026Reported quarterly or annual results54
- Nov 12, 2025Reported quarterly or annual results56
- Aug 11, 2025Reported quarterly or annual results57
- May 15, 2025Reported quarterly or annual results58
- May 14, 2025Reported quarterly or annual results59
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
323 filings to the SEC since October 2021: 9 annual reports, 15 quarterly reports, 88 major events, 142 insider forms, 13 large holders, 56 other. The latest 20:
- Oct 6, 20268-K EDGAR
- Sep 23, 20264 OWNERSHIP DOCUMENT EDGAR
- Sep 23, 2026SCHEDULE 13D/A EDGAR
- Sep 21, 20268-K/A EDGAR
- Sep 21, 20264 OWNERSHIP DOCUMENT EDGAR
- Sep 21, 20263 OWNERSHIP DOCUMENT EDGAR
- Sep 21, 2026SCHEDULE 13D/A EDGAR
- Sep 16, 20268-K EDGAR
- Sep 9, 20264 PRIMARY DOCUMENT EDGAR
- Sep 9, 20263 PRIMARY DOCUMENT EDGAR
- Sep 8, 2026144 EDGAR
- Sep 4, 20264 OWNERSHIP DOCUMENT EDGAR
- Aug 27, 2026144 EDGAR
- Aug 26, 2026144 EDGAR
- Aug 26, 20268-K EDGAR
- Aug 25, 2026144 EDGAR
- Aug 24, 2026144 EDGAR
- Aug 21, 2026144 EDGAR
- Aug 20, 2026144 EDGAR
- Aug 17, 2026144 EDGAR
The 323 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
96 open-market trades by officers, directors and large owners since October 2021: 86 buys and 10 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 21, 2026 | Steel Partners Holdings GP Inc.10% owner | Buy | 52,780 | $2.04 | $107.7K | Form 4 |
| Jun 15, 2026 | Norling Jonathan McWhinnieChief Legal Officer | Sale | 15,000 | $2.84 | $42.6K | Form 4 |
| Apr 20, 2026 | Steel Connect LLC10% owner | Buy | 24,335 | $4.13 | $100.5K | Form 4 |
| Apr 17, 2026 | Steel Partners Holdings GP Inc.10% owner | Buy | 3,640 | $4.03 | $14.7K | Form 4 |
| Apr 16, 2026 | Steel Partners Holdings GP Inc.10% owner | Buy | 141 | $4.10 | $578 | Form 4 |
| Apr 15, 2026 | Steel Partners Holdings GP Inc.10% owner | Buy | 10,463 | $4.09 | $42.8K | Form 4 |
| Apr 14, 2026 | Steel Connect LLC10% owner | Buy | 5,027 | $4.05 | $20.4K | Form 4 |
| Apr 13, 2026 | Steel Connect LLC10% owner | Buy | 2,975 | $4.00 | $11.9K | Form 4 |
| Apr 10, 2026 | Steel Connect LLC10% owner | Buy | 1,700 | $4.00 | $6.8K | Form 4 |
| Apr 9, 2026 | STEEL PARTNERS HOLDINGS L.P.10% owner | Buy | 14,532 | $3.98 | $57.8K | Form 4 |
| Apr 7, 2026 | STEEL PARTNERS HOLDINGS L.P.10% owner | Buy | 5,000 | $4.00 | $20.0K | Form 4 |
| Apr 2, 2026 | Steel Partners Holdings GP Inc.10% owner | Buy | 1,409 | $4.05 | $5.7K | Form 4 |
| Mar 31, 2026 | Steel Partners Holdings GP Inc.10% owner | Buy | 11,228 | $4.03 | $45.2K | Form 4 |
| Mar 30, 2026 | Steel Partners Holdings GP Inc.10% owner | Buy | 20,555 | $4.00 | $82.2K | Form 4 |
| Mar 27, 2026 | Steel Partners Holdings GP Inc.10% owner | Buy | 5,391 | $3.98 | $21.5K | Form 4 |
| Mar 26, 2026 | Steel Partners Holdings GP Inc.10% owner | Buy | 2,857 | $4.00 | $11.4K | Form 4 |
| Mar 20, 2026 | Steel Partners Holdings GP Inc.10% owner | Buy | 46,682 | $4.32 | $201.7K | Form 4 |
| Mar 19, 2026 | Steel Partners Holdings GP Inc.10% owner | Buy | 13,739 | $3.74 | $51.4K | Form 4 |
| Mar 13, 2026 | STEEL PARTNERS HOLDINGS L.P.10% owner | Buy | 2,947 | $4.30 | $12.7K | Form 4 |
| Mar 12, 2026 | STEEL PARTNERS HOLDINGS L.P.10% owner | Buy | 15,160 | $4.20 | $63.7K | Form 4 |
All 96 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- STEEL PARTNERS HOLDINGS L.P.SCHEDULE 13D/A, 7 filings Nov 13, 2025 to Sep 23, 202660
- MGG Investment Group LPSC 13G/A, 1 filing Aug 4, 202361
- VANGUARD GROUP INCSC 13G/A, 2 filings Feb 10, 2022 to Feb 9, 202362
- Thomas J. Hynes Iii.SC 13D/A, 1 filing Mar 31, 202263
- Pivotal Investment Holdings II LLCSC 13G/A, 1 filing Feb 11, 202264
- Ingka Investments Ventures US B.V.SC 13G/A, 1 filing Feb 4, 202265
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Christopher Hayes | 52 | $650.0K | $2.2M66 |
| 2025 | Thomas J. Cimino | 57 | $514.3K | $847.5K66 |
| 2025 | Jonathan M. Norling | 57 | $315.0K | $815.8K66 |
| 2025 | Sarah Weber Wells | $115.0K | $126.8K66 | |
| 2024 | President and CEO | $450.0K | $2.2M66 | |
| 2024 | Former Chief Financial Officer and Head of Sustainability | $315.6K | $921.3K66 | |
| 2024 | Chief Legal Officer | $313.3K | $844.1K66 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 45. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How SPRUCE POWER HOLDING CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSPRUCE POWER HOLDING CORP1
- CIK0001772720
- Employer ID (EIN)83-41099186
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company6
- Incorporated inDelaware6
- Fiscal year endsDecember 311
- Industry code (SIC)4911 Electric Services1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address820 Gessner Road, Suite 500, Houston, TX 770241
- Phone866-777-82351
- Shares outstanding19,252,186 as of Aug 10, 202613
- Public float$31.6M as of Jun 30, 20256
- AuditorCohnReznick, LLP, New York, New York PCAOB ID 596; no auditor attestation of internal control over financial reporting6
- On EDGAR sinceApr 25, 20191
- Filings475 in all: 4 (142), 8-K (97), 3 (30), 10-Q (22), 424B3 (21), 8-K/A (18), 425 (16), 144 (14)1
All 45 form types
SC 13G (10), CORRESP (9), DEFA14A (8), SC 13G/A (8), UPLOAD (8), 10-K (7), 4/A (7), DEF 14A (7), SCHEDULE 13D/A (6), 10-K/A (5), EFFECT (5), S-4/A (3), 25-NSE (2), DFAN14A (2), POS AM (2), PRE 14A (2), PRER14A (2), S-1 (2), S-1/A (2), 424B4 (1), 8-A12B (1), ARS (1), CERT (1), DEFR14A (1), DRS (1), DRS/A (1), DRSLTR (1), NT 10-K (1), NT 10-Q (1), PREC14A (1), PRRN14A (1), PX14A6G (1), S-4 (1), S-8 (1), SC 13D (1), SC 13D/A (1), SCHEDULE 13D (1)
- Latest filingsAnnual report (10-K) Mar 31, 2026
Quarterly report (10-Q) Aug 13, 2026
Proxy statement (DEF 14A) Jun 23, 2026
Latest 8-K (8-K) Oct 6, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Shares of common stock, $0.0001 par value | SPRU | New York Stock Exchange |
From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).6
Risk factors and legal proceedings
Legal proceedings
See Note 14. Commitments and Contingencies in Part II, Item 8. Financial Statements and Supplementary Data for a description of our material pending legal proceedings.
The opening of Item 3, Legal Proceedings.6
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 3Yahoo FinanceSPRU quote
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- 19SEC EDGARChristian S. Fong, President
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- 26SEC EDGARColleen Calhoun, VP / GM of XL Grid
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- 28SEC EDGARBenjamin L. Rosenzweig, Board member
- 29SEC EDGARShawn W. Kravetz, Board member
- 30SEC EDGARJa-Chin Lee, Board member
- 31SEC EDGARMcBane Clara Nagy, Board member
- 32SEC EDGARChristopher M. Hayes, Board member
- 33SEC EDGARDebora M. Frodl, Board member
- 34SEC EDGARDeclan Flanagan, Board member
- 35SEC EDGARNiharika Ramdev, Board member
- 36SEC EDGAREfrat Epstein, Board member
- 37SEC EDGARKatrina Adams, Board member
- 38SEC EDGARKevin Griffin, Board member
- 39SEC EDGARSarah Sclarsic, Board member
- 40SEC EDGARJonathan M. Norling, General counsel
- 41SEC EDGARStacey Constas, General counsel
- 42
- 43SEC EDGAROther events
- 44SEC EDGARExecutive or director change
- 45SEC EDGARExecutive or director change
- 46SEC EDGARShareholder vote
- 47SEC EDGARResults of operations
- 48SEC EDGARResults of operations
- 49SEC EDGARShareholder vote
- 50SEC EDGARExecutive or director change
- 51SEC EDGARExecutive or director change
- 52SEC EDGARResults of operations
- 53SEC EDGAROther events
- 54SEC EDGARResults of operations
- 55NasdaqNasdaq calendar
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