Skip to content
Spruce Power logo

Spruce Power

SPRU

Spruce Power is a leading owner and operator of distributed solar energy assets in the United States, specializing in subscription-based residential solar solutions.

Market cap
$44.09M+45.9%

Table of contents

Earnings

Next report

Aug 10, 2026 (In 4 weeks)

Competitors

Profile

Spruce Power is a leading owner and operator of distributed solar energy assets in the United States, specializing in subscription-based residential solar solutions. The company focuses on the long-term ownership and maintenance of home solar systems, generating recurring revenue through power purchase agreements and leases. By acquiring large-scale operating portfolios and providing comprehensive asset management services, the company aims to make renewable energy accessible while delivering predictable cash flows.

Competitive position

One of the largest owners of residential solar assets in the U.S. with a strategy focused on bulk acquisition of operating portfolios rather than direct consumer sales.

GeographiesUnited States
Customer segmentsResidential, Commercial, Industrial
Business modelSubscription, Leasing, B2C, B2B Service
SuppliersSolar component manufacturers, Independent solar installers, Capital providers, Software licensors
CustomersResidential homeowners, Commercial property owners, Utility companies, SREC market participants
Listed2020
Employees142.0
CEOChristopher Hayes
SectorEnergy
IndustrySolar
FilingsSEC EDGAR

Questions, answered.

What is Spruce Power's market cap?
Spruce Power (SPRU) has a market capitalization of $44.1M and trades on NYSE.
Who are Spruce Power's competitors?
Spruce Power's key competitors include Sunrun Inc., SunPower Corporation, Zeo Energy Corporation Class A Common Stock, and others. These companies compete in similar markets and product categories.
Who does Spruce Power partner with?
Spruce Power's notable partners include HPS Investment Partners, LLC.
What subsidiaries does Spruce Power have?
Spruce Power's subsidiaries include Spruce Holding Company 1 LLC, Spruce Manager LLC, SS Holdings 2017, LLC.
Where is Spruce Power headquartered?
Spruce Power is headquartered in United States of America and employs approximately 142 people. It has been publicly traded since 2020.