Stem Inc
NYSE:STEM

Watchlist Manager
Stem Inc Logo
Stem Inc
NYSE:STEM
Watchlist
Price: 19.23 USD -12.15% Market Closed
Market Cap: 161.3m USD

Stem Inc
Investor Relations

Stem, Inc. builds and operates the digitally connected energy storage network. The company is headquartered in San Francisco, California and currently employs 213 full-time employees. The company went IPO on 2020-08-20. The firm is focused on providing smart energy storage and energy management software. The company also enagaged in offering clean energy intelligence and optimization. Stem's energy software platform, Athena, is an artificial intelligence (AI)-powered analytics platform that enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation and grid power. Its solutions include energy storage, solar plus storage, wholesale energy markets, microgrids, backup power and voltage support, utility bill optimization, demand response and commercial electronic vehicle (EV) charging. The firm's customers include enterprise, commercial and industrial, electric cooperatives, project developers, utilities, solar engineering, procurement and construction (EPCs), and independent power producers (IPPs) and asset owners.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 29, 2025
AI Summary
Q3 2025

Revenue Growth: Stem reported Q3 2025 revenue of $38 million, up 31% year-over-year, driven by strong performance in software and edge hardware.

Profitability: The company achieved its second consecutive quarter of positive adjusted EBITDA ($2 million) and generated positive operating cash flow ($11 million).

Margin Expansion: GAAP gross margin reached 35%, with non-GAAP gross margin at 47%, reflecting a higher mix of software and services.

Guidance Tightening: Full-year 2025 revenue guidance was tightened to $135–160 million, with gross margin guidance raised to 40–50%. The low end of several guidance ranges was brought up.

Strategic Transformation: Stem highlighted its successful shift to a software-centric model, unified product branding, and international expansion plans.

Product Momentum: New PowerTrack EMS product saw strong initial bookings and is expected to drive future growth, particularly in utility-scale and international markets.

Cost Discipline: Operating expenses remained flat sequentially and cash OpEx was down 47% year-over-year after workforce reductions.

Key Financials
Revenue
$38 million
Gross Margin
35%
Non-GAAP Gross Margin
47%
Adjusted EBITDA
$2 million
Operating Cash Flow
$11 million
Cash Position
$43 million
Annual Recurring Revenue (ARR)
$60 million
Bookings
$30 million
Contracted Backlog
$22 million
Contracted ARR
$70 million
Solar Assets Under Management (AUM)
34 gigawatts
Cash Operating Expenses
$20 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. David S. Buzby
Interim CEO & Executive Chair of the Board
No Bio Available
Mr. Saul R. Laureles J.D.
Chief Legal Officer & Corporate Secretary
No Bio Available
Mr. John E. Carrington
Advisor
No Bio Available
Mr. Brian Thompson
Founder
No Bio Available
Mr. Spencer Doran Hole
Executive VP & Chief Financial Officer
No Bio Available
Mr. Michael J. Carlson
Chief Operating Officer
No Bio Available
Mr. Rahul Shukla
Chief Accounting Officer
No Bio Available
Mr. Albert Hofeldt Ph.D.
Chief Technology Officer
No Bio Available
Mr. Theodore J. Durbin
Head of Investor Relations
No Bio Available
Ms. Kim Homenock
Chief People Officer
No Bio Available

Contacts

Address
CALIFORNIA
San Francisco
100 California Street, 14Th Floor, 1603 Orrington Avenue, 13Th Floor
Contacts
+14159377836.0
www.stem.com