SPRU · Spruce Power Holding Corp
Substantial doubt about the company's ability to continue as a going concern.
“Because (i) the Amended SP1 Maturity Date and the SP2 Maturity Date are within twelve months from the date the accompanying unaudited condensed consolidated financial statements are issued, (ii) the Company has not yet entered into a commitment to refinance the SP1 or SP2 Facility, (iii) the Company has determined that it is unlikely to have sufficient cash on hand or proceeds from currently available liquidity sources to satisfy the SP1 Facility at the Amended SP1 Maturity Date or the SP2 Facility at the SP2 Maturity Date, (iv) the Company had negative working capital of $175.0 million as of June 30, 2026 due to the current maturity of the SP1 Facility and SP2 Facility, and (v) the Company has experienced recurring net losses and negative cash flows from operations for the six months ended June 30, 2026 and 2025, these conditions raise substantial doubt about the Company's ability to continue as a going concern. ... Therefore, the Company has concluded that there is substantial doubt about its ability to continue as a going concern.”View the 10-Q filed Aug 13, 2026
Price & Indicators
Raw chart and full-history price indicators begin at the captured split on Oct 9, 2023; bars on opposite sides are not compared.
Up next
AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Cash Flow from Operations non-GAAP | 7.41M | Six Months Ended June 30, 2026 | — |
|
|
|||
| Adjusted EBITDA non-GAAP | 17.75M | Three Months Ended June 30, 2026 | — |
| Blended interest rate | 6.2% | second quarter 2026 | — |
| Cash per share | $4.24 | second quarter 2026 | — |
|
|
|||
| Contracted Portfolio Value | 693M | As of June 30, 2026 | — |
| Core operating expenses | 13.79M | Three Months Ended June 30, 2026 | — |
| Debt principal paid down | $7.9M | second quarter of 2026 | — |
|
|
|||
| Gross Portfolio Value | 802M | As of June 30, 2026 | — |
| Operating EBITDA non-GAAP | $26.5M | second quarter 2026 | — |
|
|
|||
| Owned home solar assets and customer contracts | 83,000 | second quarter 2026 | — |
| Renewal Portfolio Value | 74M | As of June 30, 2026 | — |
| Uncontracted Renewable Energy Credits | 35M | As of June 30, 2026 | — |
| Third-party owned home solar systems serviced | 60,000 | as of March 31, 2026 | — |
| Average remaining contract life | 10 | as of December 31, 2025 | — |
| Combined portfolio generation | 104,711 | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Solar — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SPRU
this stock
Spruce Power Holding Corp
|
$38.52M | -63.9% | +36.2% | — | 4.3% |
|
FSLR
First Solar, Inc.
|
$24.24B | -13.7% | +24.1% | 13.9 | 9.5% |
|
NXT
Nextpower Inc.
|
$15.40B | +16.5% | +20.3% | 26.2 | 5.5% |
|
ENPH
Enphase Energy, Inc.
|
$5.34B | +26.3% | +10.7% | 40.1 | 17.5% |
|
RUN
Sunrun Inc.
|
$2.45B | -44.6% | +13.0% | 6.9 | 26.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
Raw-price comparisons begin at the captured split on Oct 9, 2023; windows that need an earlier baseline remain unavailable.
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SPRU | -15.2% | -23.3% | -55.8% | -5.6% | -63.9% |
| SPY | +0.4% | +4.5% | +13.8% | +3.9% | +13.9% |
| vs SPY | -15.6% | -27.8% | -69.5% | -9.6% | -77.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.