Stem, Inc. (STEM)
NYSE: STEM · Real-Time Price · USD
5.40
+0.10 (1.89%)
Jul 31, 2026, 4:00 PM EDT - Market closed

Stem, Inc. Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
152.75156.27144.58461.52362.98127.37
Revenue Growth
0.74%8.08%-68.67%27.15%184.98%250.82%
Gross Profit
60.2859.96-11.063.6733.091.25
Operating Income
-48.75-55.69-839.46-179.31-131.12-83.07
Net Income
143.84137.76-854.01-140.41-124.05-101.21
Earnings Per Share
-8.70-9.18-105.80-18.05-16.20-19.20
EPS Growth
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Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Services and Other
68.7667.8167.8162.5552.1420.46
Hardware
64.1168.5776.77398.97310.84106.91
Revenue (Total)
152.75156.27144.58461.52362.98127.37

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
36.5948.9256.3113.59249.98920.79
Total Debt
368.92365.63597.41600.93540.06418.89
Net Cash (Debt)
-332.34-316.72-541.11-487.34-290.08501.9
Net Cash Growth
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Net Cash Per Share
-39.13-37.31-67.03-62.65-37.8295.09

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-9.996.86-36.65-207.38-106.03-101.27
Capital Expenditures
0.05-6.6-0.49-4.14-4.1-4.2
Free Cash Flow
-9.940.26-37.14-211.52-110.13-105.47
Free Cash Flow Growth
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Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
39.46%38.37%-7.65%0.79%9.12%0.98%
Operating Margin
-31.92%-35.64%-580.60%-38.85%-36.12%-65.22%
Pretax Margin
94.55%88.50%-590.44%-30.33%-38.35%-79.46%
Profit Margin
94.16%88.16%-590.67%-30.42%-34.18%-79.46%
FCF Margin
-6.51%0.17%-25.69%-45.83%-30.34%-82.81%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
P/FCF Ratio
-493.31----
PS Ratio
0.320.820.681.313.8121.55