Stem, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Revenue	144.58	461.52	362.98	127.37	36.31	Upgrade
Revenue Growth (YoY)	-68.67%	27.15%	184.98%	250.82%	106.85%	Upgrade
Cost of Revenue	154.81	453.17	327.32	121.8	38.82	Upgrade
Gross Profit	-10.22	8.35	35.66	5.57	-2.52	Upgrade
Selling, General & Admin	101.54	120.7	119.31	61.6	29.53	Upgrade
Research & Development	51.28	56.51	38.3	22.72	15.94	Upgrade
Other Operating Expenses	-	5.6	-	-	-	Upgrade
Operating Expenses	152.83	182.8	157.61	84.32	45.48	Upgrade
Operating Income	-163.05	-174.46	-121.95	-78.75	-47.99	Upgrade
Interest Expense	-18.29	-14.98	-10.47	-16.73	-20.81	Upgrade
Other Non Operating Income (Expenses)	-100.07	-3.41	2.37	4.32	-85.93	Upgrade
EBT Excluding Unusual Items	-281.41	-192.84	-130.04	-91.16	-154.72	Upgrade
Merger & Restructuring Charges	-	-	-6.1	-	-	Upgrade
Impairment of Goodwill	-547.15	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-	-1.4	-	-0.66	-	Upgrade
Asset Writedown	-1.72	-4.86	-3.07	-4.32	-1.4	Upgrade
Other Unusual Items	-23.4	59.12	-	-5.06	-	Upgrade
Pretax Income	-853.68	-139.98	-139.22	-101.21	-156.12	Upgrade
Income Tax Expense	0.33	0.43	-15.16	-	0.01	Upgrade
Net Income	-854.01	-140.41	-124.05	-101.21	-156.12	Upgrade
Preferred Dividends & Other Adjustments	-	-	-	-	9.48	Upgrade
Net Income to Common	-854.01	-140.41	-124.05	-101.21	-165.61	Upgrade
Shares Outstanding (Basic)	161	156	153	106	40	Upgrade
Shares Outstanding (Diluted)	161	156	153	106	40	Upgrade
Shares Change (YoY)	3.77%	1.42%	45.33%	163.48%	-6.42%	Upgrade
EPS (Basic)	-5.29	-0.90	-0.81	-0.96	-4.13	Upgrade
EPS (Diluted)	-5.29	-0.90	-0.81	-0.96	-4.13	Upgrade
Free Cash Flow	-37.14	-211.52	-110.13	-105.47	-39.88	Upgrade
Free Cash Flow Per Share	-0.23	-1.36	-0.72	-1.00	-0.99	Upgrade
Gross Margin	-7.07%	1.81%	9.83%	4.37%	-6.93%	Upgrade
Operating Margin	-112.77%	-37.80%	-33.60%	-61.83%	-132.18%	Upgrade
Profit Margin	-590.67%	-30.42%	-34.18%	-79.46%	-456.13%	Upgrade
Free Cash Flow Margin	-25.69%	-45.83%	-30.34%	-82.80%	-109.84%	Upgrade
EBITDA	-129.72	-137.15	-83.07	-59.05	-34.54	Upgrade
EBITDA Margin	-89.72%	-29.72%	-22.89%	-46.36%	-95.13%	Upgrade
D&A For EBITDA	33.32	37.31	38.88	19.7	13.45	Upgrade
EBIT	-163.05	-174.46	-121.95	-78.75	-47.99	Upgrade
EBIT Margin	-112.77%	-37.80%	-33.60%	-61.83%	-132.18%	Upgrade
Revenue as Reported	144.58	461.52	362.98	127.37	36.31	Upgrade

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q