Spruce Power Holding Corp.
- SPRU · NYSE
- Electric Services
- Houston, TX
- 159 employees
- CIK 0001772720
Updated from SEC filings through
Top things to know
Executives
- Thomas James Cimino Chief Financial Officer 4, 2026-02-20
- Jonathan Norling Chief Legal Officer 8-K, 2026-07-16
- Jonathan McWhinnie Norling Chief Legal Officer 4, 2026-06-18
- Bobby Owens General Counsel 4, 2026-09-09
- Bobby L. Owens General Counsel 8-K, 2026-07-16
- Jonathan M. Norling Interim General Counsel DEF 14A, 2026-06-23
Spruce Power Holding Corp is a U.S. public company in electric services (SIC 4911), headquartered in Houston, TX. It trades as SPRU on NYSE. Revenue was $112M in the fiscal year ending December 31, 2025, +36.2% from the year before. It reported about 159 employees.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $112M 10-K/A, 2026-07-24 | $82.1M 10-K/A, 2026-07-24 | $79.9M 10-K, 2025-03-31 | $23.2M 10-K, 2023-03-30 | $0 10-K, 2023-03-30 |
| Operating income | $17.9M 10-K/A, 2026-07-24 | -$50.4M 10-K/A, 2026-07-24 | -$36.8M 10-K, 2025-03-31 | -$59.3M 10-K, 2024-04-09 | -$35.1M 10-K, 2023-03-30 |
| SG&A | $55.1M 10-K/A, 2026-07-24 | $58.9M 10-K/A, 2026-07-24 | $56.1M 10-K, 2025-03-31 | $73.1M 10-K, 2024-04-09 | $35.1M 10-K, 2023-03-30 |
| Net income | -$26.0M 10-K/A, 2026-07-24 | -$70.5M 10-K/A, 2026-07-24 | -$65.8M 10-K, 2025-03-31 | -$93.9M 10-K, 2024-04-09 | $28.8M 10-K, 2023-03-30 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Thomas J. Cimino | Named in proxy bio: Interim CFO | DEF 14A, 2026-06-23 |
| Thomas James Cimino CFO | Private Equity & Public Co | Industrial Service/Renewables | Chief Financial Officer | 4, 2026-02-20 |
| Jonathan Norling | Chief Legal Officer | 8-K, 2026-07-16 |
| Jonathan McWhinnie Norling | Chief Legal Officer | 4, 2026-06-18 |
| Bobby Owens General Counsel at Spruce Power | Member, Board of Directors at Wellby Financial | General Counsel | 4, 2026-09-09 |
| Bobby L. Owens | General Counsel | 8-K, 2026-07-16 |
| Jonathan M. Norling | Interim General Counsel | DEF 14A, 2026-06-23 |
| Benjamin Rosenzweig | Class B director | 8-K, 2026-09-16 |
| Christopher Hayes | Board member (per proxy) bio: director | DEF 14A, 2026-06-23 |
| Eric Tech | Board member (per proxy) bio: Director | DEF 14A, 2026-06-23 |
| Ja-chin Audrey Lee, Ph. D. | Board member (per proxy) bio: Director | DEF 14A, 2026-06-23 |
| Jack Howard | Board member (per proxy) bio: Director nominee | DEF 14A, 2026-06-23 |
| John P. Miller | Board member (per proxy) bio: Director | DEF 14A, 2026-06-23 |
| Jonathan J. Ledecky | Board member (per proxy) bio: Director | DEF 14A, 2026-06-23 |
| Shawn Kravetz | Board member (per proxy) bio: Director | DEF 14A, 2026-06-23 |
What Spruce Power Holding Corp does
”), offering subscription-based services to approximately 84,000 home solar assets and customer contracts, making renewable energy more accessible to everyone.S.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 19.3 million (as of August 10, 2026) | 10-Q, August 13, 2026 |
|---|---|---|
| Public float | $31.6M (as of June 30, 2025) | 10-K/A, July 24, 2026 |
| Reportable segments | 1 (period ending June 30, 2026) | 10-Q, August 13, 2026 |
| Latest proxy statement | Meeting June 23, 2026 (filed June 23, 2026) | DEF 14A, June 23, 2026 |
| Auditor | CohnReznick, LLP (New York, New York) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| June 15, 2026 | Jonathan McWhinnie Norling Chief Legal Officer | Sale | 15,000 | $43K | Form 4, June 18, 2026 |
| December 15, 2025 | McBane Clara Nagy Director | Sale | 40,000 | $202K | Form 4, December 17, 2025 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-11-05
- Item 8.01 Other events
- 8-K filed 2026-10-06
- Item 8.01 Other events
- 8-K filed 2026-09-16
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-08-26
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-08-12
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-11
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-07-16
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-06-24
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-05-14
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Spruce Power Holding Corp
- What does Spruce Power Holding Corp do?
- In its own words, from Item 1 of its 10-K: "”), offering subscription-based services to approximately 84,000 home solar assets and customer contracts, making renewable energy more accessible to everyone.S."
- What is Spruce Power Holding Corp's revenue?
- $112M for the fiscal year ending December 31, 2025, from its 10-K/A filed July 24, 2026.
- Is Spruce Power Holding Corp profitable?
- Spruce Power Holding Corp reported net income of -$26.0M for the fiscal year ending December 31, 2025.
- How many employees does Spruce Power Holding Corp have?
- About 159 as of December 31, 2025, as stated in its annual report.
- Who is the CFO of Spruce Power Holding Corp?
- Thomas James Cimino, Chief Financial Officer, as named in a 4 filed February 20, 2026.
- Where is Spruce Power Holding Corp headquartered?
- Houston, TX.
- What is Spruce Power Holding Corp's stock ticker?
- SPRU on NYSE.
- What industry is Spruce Power Holding Corp in?
- Electric Services, SIC code 4911.
- What is Spruce Power Holding Corp's website?
- sprucepower.com.
- When does Spruce Power Holding Corp report earnings next?
- November 12, 2026 at 16:30. Source: pg_future_events.
- Is Spruce Power Holding Corp a public company?
- Yes. Spruce Power Holding Corp files with the SEC under CIK 0001772720 and trades as SPRU.
- Who audits Spruce Power Holding Corp?
- CohnReznick, LLP, New York, New York, as named in its latest annual report (10-K).
- How many shares of Spruce Power Holding Corp are outstanding?
- 19.3 million shares as of August 10, 2026, from its 10-Q filed August 13, 2026.
- What is Spruce Power Holding Corp's public float?
- $31.6M as of June 30, 2025, as reported on the cover of its 10-K/A filed July 24, 2026.
- How many business segments does Spruce Power Holding Corp report?
- 1 reportable segment for the period ending June 30, 2026, from its 10-Q filed August 13, 2026.
- When is Spruce Power Holding Corp's annual shareholder meeting?
- June 23, 2026, per its proxy statement (DEF 14A) filed June 23, 2026.
- Have Spruce Power Holding Corp insiders traded stock recently?
- Since December 15, 2025, officers and directors reported 2 open-market sales worth about $245K and 0 purchases on Forms 4 and 5. The most recent: Jonathan McWhinnie Norling (Chief Legal Officer) sold 15,000 shares on June 15, 2026.