Stem, Inc. Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	38.42	48.92	56.3	105.38	87.9	747.78
Short-Term Investments	-	-	-	8.22	162.07	173.01
Cash & Short-Term Investments	38.42	48.92	56.3	113.59	249.98	920.79
Cash Growth	-5.82%	-13.12%	-50.44%	-54.56%	-72.85%	13164.02%
Accounts Receivable	33.22	35.66	53.13	298.6	218.13	61.7
Other Receivables	-	2.75	6.24	4.33	5.17	0.21
Receivables	33.22	38.41	59.36	302.92	223.29	61.91
Inventory	6.12	4.59	10.92	26.67	8.37	22.72
Prepaid Expenses	-	4.71	5.77	5.97	5.68	3.14
Other Current Assets	11.57	3.47	4.27	23.81	45.44	15.29
Total Current Assets	89.33	100.09	136.62	472.97	532.76	1,024
Property, Plant & Equipment	44.59	54.11	73.51	89.49	105.35	119.62
Long-Term Investments	-	2.27	2.25	2.09	1.97	1.92
Goodwill	2.46	-	-	547.21	546.65	1.74
Other Intangible Assets	113.05	123.03	143.91	157.15	162.27	13.97
Long-Term Accounts Receivable	0.1	0.08	5.92	18.66	9.41	-
Long-Term Deferred Charges	6.12	7.47	9.68	11.12	11.7	8.63
Other Long-Term Assets	24.13	21.83	65.47	58.3	51.8	22.1
Total Assets	279.77	308.89	437.36	1,357	1,422	1,192

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	14.47	10.31	30.15	78.28	83.83	28.27
Accrued Expenses	27.35	36.01	32.45	91.25	97.72	33.44
Current Portion of Long-Term Debt	13.15	13.79	16.52	14.84	15.72	15.28
Current Portion of Leases	-	3	2.76	2.95	2.57	1.24
Current Unearned Revenue	44.38	43.63	43.26	54.26	64.58	9.43
Other Current Liabilities	8.17	3.84	3.67	9.51	2.57	0.31
Total Current Liabilities	107.52	110.57	128.8	251.08	267	87.97
Long-Term Debt	343.23	341.98	567.55	575.64	513.38	391.43
Long-Term Leases	10.07	9.86	13.34	10.46	10.96	12.18
Long-Term Unearned Revenue	81.63	85.25	85.9	88.65	73.76	28.29
Other Long-Term Liabilities	7.32	10.29	39.61	4.47	4.62	4.14
Total Liabilities	549.77	557.95	835.19	930.3	869.73	524

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	0	0	0.02	0.02	0.02	0.01
Additional Paid-In Capital	1,253	1,239	1,228	1,199	1,185	1,177
Retained Earnings	-1,522	-1,489	-1,627	-772.49	-632.08	-509.05
Comprehensive Income & Other	-0.14	0.04	0.08	-0.04	-1.67	0.02
Total Common Equity	-269.57	-249.44	-398.37	426.2	551.63	667.83
Minority Interest	-0.43	0.38	0.54	0.49	0.54	-
Shareholders' Equity	-270	-249.06	-397.83	426.68	552.17	667.83
Total Liabilities & Equity	279.77	308.89	437.36	1,357	1,422	1,192

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	366.45	368.63	600.16	603.88	542.64	420.13
Net Cash (Debt)	-328.04	-319.71	-543.87	-490.29	-292.66	500.66
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-38.08	-37.66	-67.38	-63.03	-38.15	94.86
Filing Date Shares Outstanding	9.63	8.52	8.21	7.89	7.73	7.67
Total Common Shares Outstanding	9.61	8.49	8.14	7.8	7.73	7.23
Working Capital	-18.19	-10.47	7.82	221.89	265.76	935.88
Book Value Per Share	-28.06	-29.38	-48.94	54.66	71.39	92.32
Tangible Book Value	-385.08	-372.47	-542.29	-278.16	-157.29	652.12
Tangible Book Value Per Share	-40.08	-43.87	-66.62	-35.68	-20.36	90.15
Machinery	125.78	135.5	140.13	145.34	149.54	151.36
Order Backlog	-	21.3	20.9	-	-	-

SEC Filings: 10-K · 10-Q