Spruce Power Holding Corporation (SPRU) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. My name is Jordan, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Spruce Power Fourth Quarter 2025 Earnings Results Conference Call. All lines have been placed on mute to prevent any background noise. If you'd like to ask a question during the question and answer session, Simply press star followed by the number one on your telephone keypad. I would now like to turn the conference over to Julia Casari, Corporate Development and Investor Relations. You may begin. Thank you, operator. Good afternoon, everyone, and welcome to Spruce Power's fourth quarter and full year 2025 earnings conference call. Joining me today are Chris Hayes, Spruce's chief executive officer, and Tom Cimino, the company's chief financial officer. Before we begin, I would like to remind you that we will comment on our financial performance using both GAAP and non-GAAP financial measures. Important information about these non-GAAP financial measures, including reconciliations from those comparable GAAP measures, is included in our earnings release for the fourth quarter of 2025, which is available on the Investor Relations section of our website. Our discussion today will also include forward-looking statements to reflect management's current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Please refer to our earnings release and SEC filings for a discussion of these risk factors. With that, I will now turn the call over to Chris Hayes, Chief Executive Officer of Spruce Power. Chris? Thanks, Julia. Good afternoon, everyone. 2025 was a breakout year for Spruce, and our fourth quarter capped it with exceptional momentum across the business. I could not be prouder...