As part of Spruce’s ongoing commitment to cost reduction, the company announced an AI Initiative aimed at continued cost reduction

ir_statement / Sep 15, 2026 / receipt

Spruce has achieved meaningful reductions operating costs over the past year, and we expect to see the company’s cost structure continue to align with its current scale of operations

ir_statement / Sep 15, 2026 / receipt

The company sees an opportunity to streamline workflows, automate routine processes, reduce operating costs, and free up resources to drive revenue growth and customer satisfaction

ir_statement / Sep 15, 2026 / receipt

Increase in Operating EBITDA mainly attributable to lower core operating expenses

ir_statement / Sep 15, 2026 / receipt

SG&A declined 25% YoY due to streaming efforts, including headcount reduction, implemented in Q3 2025

ir_statement / Sep 15, 2026 / receipt

We prioritize efficient growth of our solar portfolio with a disciplined approach to cost containment.

ir_statement / Sep 15, 2026 / receipt

Cost containment measures will continue to drive a material decrease in Core Operating expenses in 2026

ir_statement / Sep 15, 2026 / receipt

Enhance per-customer operating margin, as Spruce’s in-house servicing platform expands scale

ir_statement / Sep 15, 2026 / receipt

2025 was a transition year as Spruce focused on cost cutting efficiencies.

ir_statement / Sep 15, 2026 / receipt

expanded footprint from 16 to 18 states (Washington and Oregon)

ir_statement / Sep 15, 2026 / receipt

Spruce closed the Spruce Power 5 Acquisition (“SP5”) in November 2024, adding cash flows from over 9,800 residential solar contracts in New Jersey

ir_statement / Sep 15, 2026 / receipt