SPRUCE POWER HOLDING CORP
Spruce Power Holding Corporation (NYSE: SPRU) is a leading owner and operator of distributed solar energy assets across the United States, serving approximately 84,000 home solar assets and customer contracts as of December 31, 2025. The company's website is www.sprucepower.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What SPRUCE POWER HOLDING CORP does
In the company’s own words
Spruce Power Holding Corporation (NYSE: SPRU) is a leading owner and operator of distributed solar energy assets across the United States, serving approximately 84,000 home solar assets and customer contracts as of December 31, 2025. The company's website is www.sprucepower.com.
The company generates revenues primarily through three channels: leasing and selling electricity generated by home solar energy systems to homeowners under long-term customer agreements requiring recurring monthly payments; selling solar renewable energy credits generated by its systems for contracted prices; and providing portfolio managed services through its Spruce Pro servicing platform to over 60,000 systems owned by third parties as well as its own portfolio. Spruce Pro, launched in the first quarter of 2024, offers residential, commercial, and industrial asset services including billing and collections, account support, financial asset management, homeowner support and servicing technology, asset operations, and renewable energy credit transaction services. The company also generates cash flows and interest income from customer contracts related to a master lease agreement.
Spruce Power operates 14 portfolios of home solar assets and customer contracts with combined capacity of approximately 509 megawatts direct current. Its portfolio is geographically diverse across 18 states, with a weighted average remaining contract term of approximately 10 years. As of December 31, 2025, the company employed 159 full-time employees primarily located in Texas, New Jersey, and California.
The company's corporate history reflects significant transformation. Originally operating as XL Fleet Corp., providing fleet electrification solutions, the company divested its Drivetrain and XL Grid businesses in January 2023. In September 2022, it acquired Legacy Spruce Power, one of the largest privately held home solar operators in the United States, and subsequently changed its name to Spruce Power Holding Corporation. The company has since completed strategic acquisitions including the SEMTH acquisition providing a 20-year use right to approximately 22,500 customer contracts, the Tredegar Acquisition of approximately 2,400 systems, and the NJR Acquisition of approximately 9,800 systems with over 11 years average remaining contract life.
Company details
- Sector
- Utilities
- Industry
- Electric, Gas & Water
- Headquarters
- HOUSTON, TX
- Fiscal year end
- December
- CIK
- 1772720
- SIC
- 4911
Financial performance, year by year
Fiscal 2020–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns SPRUCE POWER HOLDING CORP — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · SPRUCE POWER HOLDING CORP’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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