Stem, Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	2018
Revenue	419.58	461.52	362.98	127.37	36.31	17.55	Upgrade
Revenue Growth (YoY)	7.78%	27.15%	184.98%	250.82%	106.85%	149.60%	Upgrade
Cost of Revenue	441.1	457.85	329.89	126.12	40.22	20.81	Upgrade
Gross Profit	-21.52	3.67	33.09	1.25	-3.91	-3.26	Upgrade
Selling, General & Admin	125.95	126.47	125.91	61.6	29.53	29.89	Upgrade
Research & Development	57.2	56.51	38.3	22.72	15.94	14.7	Upgrade
Other Operating Expenses	-0.57	0	0	0	1.47	0	Upgrade
Operating Expenses	182.59	182.98	164.21	84.32	46.95	44.59	Upgrade
Operating Income	-204.11	-179.31	-131.12	-83.07	-50.86	-47.85	Upgrade
Interest Expense / Income	17.91	14.98	10.47	17.4	20.81	12.55	Upgrade
Other Expense / Income	-54.75	-54.31	-2.37	0.74	84.46	-0.99	Upgrade
Pretax Income	-167.27	-139.98	-139.22	-101.21	-156.12	-59.41	Upgrade
Income Tax	0.68	0.43	-15.16	0	0.01	0.01	Upgrade
Net Income	-167.94	-140.41	-124.05	-101.21	-156.12	-59.41	Upgrade
Shares Outstanding (Basic)	158	156	153	106	40	43	Upgrade
Shares Outstanding (Diluted)	158	156	153	106	40	43	Upgrade
Shares Change	2.07%	1.41%	45.33%	163.48%	-6.42%	401.21%	Upgrade
EPS (Basic)	-1.07	-0.90	-0.81	-0.96	-4.13	-1.51	Upgrade
EPS (Diluted)	-1.45	-0.90	-0.81	-0.96	-4.13	-1.51	Upgrade
Free Cash Flow	-188.63	-225.61	-126.9	-111.44	-45.71	-76.04	Upgrade
Free Cash Flow Per Share	-1.19	-1.45	-0.83	-1.06	-1.14	-1.78	Upgrade
Gross Margin	-5.13%	0.79%	9.12%	0.98%	-10.77%	-18.57%	Upgrade
Operating Margin	-48.65%	-38.85%	-36.12%	-65.22%	-140.08%	-272.62%	Upgrade
Profit Margin	-40.03%	-30.42%	-34.18%	-79.46%	-430.01%	-338.50%	Upgrade
Free Cash Flow Margin	-44.96%	-48.89%	-34.96%	-87.49%	-125.89%	-433.20%	Upgrade
EBITDA	-100.34	-75.8	-80.99	-58.45	-116.99	-32.07	Upgrade
EBITDA Margin	-23.91%	-16.42%	-22.31%	-45.89%	-322.22%	-182.69%	Upgrade
Depreciation & Amortization	49.02	49.2	47.76	25.37	18.33	14.8	Upgrade
EBIT	-149.36	-125	-128.75	-83.82	-135.31	-46.86	Upgrade
EBIT Margin	-35.60%	-27.09%	-35.47%	-65.80%	-372.69%	-266.98%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).