Spruce Power Holding Corporation reports third quarter revenue of $30.7 million and net loss of $0.9 million
Spruce Power Holding Corporation reported Q3 2025 revenues of $30.7 million, a 44% increase year-over-year, with a net loss of $0.9 million, significantly improved from a $53.6 million loss in the prior year. Operating EBITDA rose to $26.2 million. The company holds $98.8 million in cash and has $705.6 million in outstanding debt. Recent developments include workforce reductions and office closures, alongside discussions regarding upcoming debt obligations. Spruce Power manages around 85,000 home solar assets across 18 states.
Spruce Power Holding Corporation reported third quarter 2025 revenues of $30.7 million, a 44% increase from the same period last year. The company’s net loss attributable to stockholders improved to $0.9 million, compared to a net loss of $53.6 million in the prior-year quarter. Operating EBITDA reached $26.2 million, up from $17.7 million a year earlier. The company’s cash balance stood at $98.8 million as of September 30, 2025, or $5.44 per share. Spruce Power’s outstanding debt totaled $705.6 million at a blended interest rate of 6.1%, with all debt being non-recourse project finance. Business developments included workforce reductions, closure of the Denver office, and ongoing discussions with financial institutions regarding the SP1 debt obligation due in the second quarter of 2026. The company managed a portfolio of approximately 85,000 home solar assets across 18 states and serviced 60,000 residential solar systems as a third party during the quarter. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spruce Power Holding Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251111222008) on November 11, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
