Spruce Power Holding Corporation reported second quarter 2026 financial results, achieving operating income of $9.8 million and net income attributable to stockholders of $3.3 million, or $0.15 diluted earnings per share. 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 generated $4.8 million in Adjusted Cash Flow from Operations and repaid $7.9 million of debt principal, reducing total non-recourse debt to $679.5 million. As of June 30, 2026, the company held $81.5 million in cash and restricted cash, equivalent to $4.24 per share. Spruce Power Holding Corporation operates as a leading owner and operator of distributed solar energy assets across the United States.
