SPRUCE POWER HOLDING CORP 8K
0001628280-26-056796
View on SEC EDGARSpruce Power Holding Corporation announced improved second quarter 2026 results, including a swing to profitability, record Operating EBITDA, strong liquidity, and continued debt reduction driven by substantial operating cost cuts.
Spruce Power Holding Corporation reported its financial results for the quarter ended June 30, 2026, highlighting a return to profitability with net income attributable to stockholders of $3.3 million versus a loss in the prior-year period, a 10% year-over-year increase in operating income to $9.8 million, record Operating EBITDA of $26.5 million driven primarily by structural cost reductions and a 26% decline in SG&A expenses, and quarter-end liquidity of $81.5 million in cash and restricted cash alongside continued deleveraging through $7.9 million of debt principal paydown; management emphasized the resilience of the lean operating model, ongoing portfolio value of $802 million on a PV6 basis, and sufficient liquidity and non-recourse project-level debt structure to support future refinancing and capital allocation priorities.
Filing Facts
- CIK
- 1772720
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001628280-26-056796
- Alert Tier
- 6