Stem, Inc. (STEM)

Revenue Breakdown 2

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Services and Other Revenue	68.76M	67.81M	67.81M
Services and Other Revenue Growth	1.41%	-	8.41%
Hardware Revenue	64.11M	68.57M	76.77M
Hardware Revenue Growth	-6.51%	-10.69%	-80.76%
Revenue (Total)	152.75M	156.27M	144.58M
Revenue (Total) Growth	-2.25%	8.08%	-68.67%

Revenue by Geography

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
United States Revenue	144.48M	148.53M	139.41M
United States Revenue Growth	-2.73%	6.55%	-68.56%
Rest of the World Revenue	8.28M	7.73M	5.18M
Rest of the World Revenue Growth	7.02%	49.30%	-71.33%
Revenue (Total)	152.75M	156.27M	144.58M
Revenue (Total) Growth	-2.25%	8.08%	-68.67%

Key Performance Indicators

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Bookings (Post-FY2024 Reporting)	-	131.80M	115.90M
Bookings (Post-FY2024 Reporting) Growth	-	13.72%	-
Bookings	-	-	435.90M
Bookings Growth	-	-	-71.55%
Contracted Backlog (Post-FY2024 Reporting)	-	21.30M	20.90M
Contracted Backlog (Post-FY2024 Reporting) Growth	-	1.91%	-
Contracted Backlog	-	-	1.17B
Contracted Backlog Growth	-	-	-39.45%
Storage Operating AUM (in GWh)	1.70M	1.70M	1.80M
Storage Operating AUM (in GWh) Growth	-	-5.56%	-
Contracted Storage AUM (in GWh)	-	-	5.60
Contracted Storage AUM (in GWh) Growth	-	-	1.82%
Solar Operating AUM (in GWh)	37.50M	36.10M	29.90M
Solar Operating AUM (in GWh) Growth	3.88%	20.74%	8.73%
Contracted Annual Recurring Revenue (CARR) (Post-FY2024 Reporting)	67.20M	67.20M	64.50M
Contracted Annual Recurring Revenue (CARR) (Post-FY2024 Reporting) Growth	-	4.19%	-
Contracted Annual Recurring Revenue (CARR)	-	-	86.00M
Contracted Annual Recurring Revenue (CARR) Growth	-	-	-5.50%
Annual Recurring Revenue (ARR)	61.20M	61.10M	52.80M
Annual Recurring Revenue (ARR) Growth	0.16%	15.72%	-

Data Source: Fiscal.ai Last updated: May 6, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 10, 2026

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