Spruce Power Holding Corporation reported second quarter 2026 financial results, announcing operating income of $9.8 million and net income attributable to stockholders of $3.3 million. Revenues decreased 9% year-over-year to $30.3 million due to lower Solar Renewable Energy Credits and Performance Based Incentives. Operating EBITDA rose 7% to a record $26.5 million, driven by cost management that reduced SG&A expenses by 26%. The company ended the quarter with $81.5 million in cash and paid down $7.9 million of debt principal, reducing total non-recourse debt to $679.5 million. Diluted earnings per share were $0.14 compared to a loss of $0.17 in the prior year period. Spruce Power Holding Corporation is a leading owner and operator of distributed solar energy assets across the United States.
