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Stem, Inc. (STEM)
NYSE: STEM · Real-Time Price · USD
10.62
-0.67 (-5.93%)
At close: Apr 28, 2026, 4:00 PM EDT
10.77
+0.15 (1.41%)
After-hours: Apr 28, 2026, 6:59 PM EDT

Stem, Inc. Operating Metrics

Period Ending Dec 31, 2025Sep 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
61.10M 70.10M 69.20M 69.00M 86.00M 92.30M 90.10M 89.30M - - - -
Annual Recurring Revenue Growth
-28.95% -24.05% -23.20% -22.73% -5.49% 5.49% 20.29% 24.90% - - - -
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
36.10 33.90 32.70 32.40 29.90 28.50 26.90 26.90 - - - -
Solar AUM Growth
20.74% 18.95% 21.56% 20.45% 8.73% 8.37% 3.46% 5.08% - - - -
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 Dec 31, 2025Sep 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
87.70M 72.71M 76.44M 70.69M 67.81M 67.00M 61.46M 62.72M
Services Growth
29.33% 8.51% 24.38% 12.72% 8.41% 5.36% 1.27% 10.31%
Hardware
68.57M 91.73M 79.05M 80.94M 76.77M 189.18M 299.17M 356.86M
Hardware Growth
-10.69% -51.51% -73.58% -77.32% -80.76% -50.98% -15.63% 7.34%

Gross Profit By Segment
Period Ending Dec 31, 2025Sep 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
54.37M 19.29M 19.31M 16.87M 15.42M 17.02M 13.48M 13.94M
Services Growth
252.67% 13.31% 43.25% 21.03% 25.84% 24.11% 3.29% 28.72%
Hardware
42.00M 14.68M 7.27M 6.80M -26.47M -14.55M -37.50M -35.46M

Operating Expense Breakdown
Period Ending Dec 31, 2025Sep 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
51.63M 61.46M 76.13M 83.08M 88.07M 77.88M 72.62M 75.68M
General and Administrative Growth
-41.37% -21.09% 4.83% 9.78% 17.56% -4.41% -6.33% 1.84%
Research and Development
35.30M 39.02M 43.19M 48.47M 51.28M 54.99M 58.33M 57.20M
Research and Development Growth
-31.17% -29.05% -25.96% -15.26% -9.25% 5.97% 21.52% 33.63%
Sales and Marketing
28.72M 28.49M 29.73M 33.43M 37.76M 44.15M 47.54M 50.28M
Sales and Marketing Growth
-23.95% -35.46% -37.46% -33.52% -26.76% -13.92% -10.08% -3.59%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.