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Stem, Inc. (STEM)
NYSE: STEM · Real-Time Price · USD
18.30
-0.37 (-1.98%)
At close: Dec 5, 2025, 4:00 PM EST
18.47
+0.17 (0.94%)
After-hours: Dec 5, 2025, 7:36 PM EST

Stem, Inc. Operating Metrics

Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Annual Recurring Revenue
70.10M 69.20M 69.00M 86.00M 92.30M 90.10M 89.30M 91.00M - - - -
Annual Recurring Revenue Growth
-24.05% -23.20% -22.73% -5.49% 5.49% 20.29% 24.90% 39.36% - - - -
Pipeline
- - - 1.20B 1.50B 1.60B 1.60B 1.90B 1.84B 1.36B 1.20B
Pipeline Growth
- - - -36.84% -18.48% 17.65% 33.33% -73.24% -74.79% -75.71% -76.92%
Solar AUM
33.90 32.70 32.40 29.90 28.50 26.90 26.90 27.50 - - - -
Solar AUM Growth
18.95% 21.56% 20.45% 8.73% 8.37% 3.46% 5.08% 10.00% - - - -
Storage AUM
- - - 5.60 6.00 5.80 5.80 5.50 5.00 3.80 3.50
Storage AUM Growth
- - - 1.82% 20.00% 52.63% 65.71% 120.00% 108.33% 80.95% 94.44%

Revenue By Segment
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
Hardware
91.73M 79.05M 80.94M 76.77M 189.18M 299.17M 356.86M 398.97M
Hardware Growth
-51.51% -73.58% -77.32% -80.76% -50.98% -15.63% 7.34% 28.35%
Services
72.71M 76.44M 70.69M 67.81M 67.00M 61.46M 62.72M 62.55M
Services Growth
8.51% 24.38% 12.72% 8.41% 5.36% 1.27% 10.31% 19.95%

Gross Profit By Segment
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
Services
19.29M 19.31M 16.87M 15.42M 17.02M 13.48M 13.94M 12.25M
Services Growth
13.31% 43.25% 21.03% 25.84% 24.11% 3.29% 28.72% 36.26%
Hardware
14.68M 7.27M 6.80M -26.47M -14.55M -37.50M -35.46M -8.59M

Operating Expense Breakdown
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
General and Administrative
61.46M 76.13M 83.08M 88.07M 77.88M 72.62M 75.68M 74.92M
General and Administrative Growth
-21.09% 4.83% 9.78% 17.56% -4.41% -6.33% 1.84% -2.74%
Research and Development
39.02M 43.19M 48.47M 51.28M 54.99M 58.33M 57.20M 56.51M
Research and Development Growth
-29.05% -25.96% -15.26% -9.25% 5.97% 21.52% 33.63% 47.53%
Sales and Marketing
28.49M 29.73M 33.43M 37.76M 44.15M 47.54M 50.28M 51.56M
Sales and Marketing Growth
-35.46% -37.46% -33.52% -26.76% -13.92% -10.08% -3.59% 5.47%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.