<span item_type="fundamental" item_id="d70429bd3f27a7697da50a6fd7c5eb78" counter_id="ST/US/SPRU" env="prod"></span><span item_type="announcement" item_id="581965552161724417" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 30.73 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD -0.05.</p><p>EBIT: As of FY2025 Q3, the actual value is USD 16.11 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Revenues for the third quarter of 2025 were $30.7 million, up 44% from $21.4 million in the third quarter of 2024, primarily due to the acquisition of a residential solar portfolio from NJR Clean Energy Ventures and improved solar renewable energy credits revenue.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1772720/000162828025051375/spruearningsrelease-9302025.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Net loss attributable to stockholders improved to - $0.9 million, compared to - $53.6 million from the year-earlier period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1772720/000162828025051375/spruearningsrelease-9302025.htm"></span></li><li>Operating EBITDA was $26.2 million, up 48% from $17.7 million in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1772720/000162828025051375/spruearningsrelease-9302025.htm"></span></li><li>Operations &amp; Maintenance expense was $1.8 million, down 53% from the year-earlier period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1772720/000162828025051375/spruearningsrelease-9302025.htm"></span></li><li>Selling, General and Administrative expense was $12.9 million, down 4% from the year-earlier period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1772720/000162828025051375/spruearningsrelease-9302025.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>GAAP Cash Flow generated in Operations was $11.2 million for the quarter compared to - $1.1 million used in the year-earlier period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1772720/000162828025051375/spruearningsrelease-9302025.htm"></span></li><li>Adjusted Cash Flow generated in Operations was $20.2 million, up 104% from the year-earlier period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1772720/000162828025051375/spruearningsrelease-9302025.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Spruce Power’s portfolio includes approximately 85,000 home solar assets and customer contracts across 18 U.S. states, with combined portfolio generation of approximately 190,081 MWh of power during the quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1772720/000162828025051375/spruearningsrelease-9302025.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>Spruce Power announced a strategic initiative to decrease SG&amp;A costs through workforce reduction and office closure, aiming for scalable, high-margin growth and greater shareholder value.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1772720/000162828025051375/spruearningsrelease-9302025.htm"></span></li><li>The company is engaged in discussions with financial institutions regarding its SP1 debt obligation due in the second quarter of 2026, with significant progress and a strong level of interest received.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1772720/000162828025051375/spruearningsrelease-9302025.htm"></span></li></ul>

Spruce Power | 8-K: FY2025 Q3 Revenue: USD 30.73 M