Stem, Inc. (STEM)
NYSE: STEM · Real-Time Price · USD
5.82
+0.17 (3.01%)
Aug 21, 2026, 2:00 PM EDT - Market open

Stem, Inc. Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
148.03156.27144.58461.52362.98127.37
Revenue Growth
-5.11%8.08%-68.67%27.15%184.98%250.82%
Gross Profit
62.0861.98-10.228.3535.665.57
Operating Income
-27.94-42.01-186.45-174.46-121.95-78.75
Net Income
-73.08137.76-854.01-140.41-124.05-101.21
Earnings Per Share
-8.48-9.18-105.80-18.05-16.17-19.18
EPS Growth
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Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Services and Other
66.5367.8167.8162.5552.1420.46
Hardware
61.6268.5776.77398.97310.84106.91
Revenue (Total)
148.03156.27144.58461.52362.98127.37

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
38.4248.9256.3113.59249.98920.79
Total Debt
366.45368.63600.16603.88542.64420.13
Net Cash (Debt)
-328.04-319.71-543.87-490.29-292.66500.66
Net Cash Growth
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Net Cash Per Share
-38.08-37.66-67.38-63.03-38.1594.86

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
11.636.86-36.65-207.38-106.03-101.27
Capital Expenditures
0.05--0.49-4.14-4.1-4.2
Free Cash Flow
11.686.86-37.14-211.52-110.13-105.47
Free Cash Flow Growth
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Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
41.94%39.66%-7.07%1.81%9.83%4.37%
Operating Margin
-18.87%-26.89%-128.95%-37.80%-33.60%-61.83%
Pretax Margin
-49.28%88.50%-590.44%-30.33%-38.35%-79.46%
Profit Margin
-49.37%88.16%-590.67%-30.42%-34.18%-79.46%
FCF Margin
7.89%4.39%-25.69%-45.83%-30.34%-82.80%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-0.92----
P/FCF Ratio
4.7718.40----
PS Ratio
0.380.810.681.313.8121.52