Spruce Power Q2 Net Income $3.3M; Operating EBITDA $26.5M

Spruce Power Holding Corporation reported strong financial results for the second quarter ended June 30, 2026. The company achieved net income attributable to stockholders of $3.3 million, a significant improvement from a net loss of $3.0 million in the prior-year period. Operating income increased 10% year-over-year to $9.8 million, and Operating EBITDA reached a record $26.5 million, driven by continued cost management and structural efficiencies. Despite a slight decrease in revenues to $30.3 million, total operating expenses were down 16% and SG&A expenses decreased by 26%. Spruce Power ended the quarter with $81.5 million in cash and cash equivalents and reduced debt principal by $7.9 million.