Stem, Inc. (STEM) quarterly cash flow statement — complete operating, investing & financing history
Stem, Inc. (STEM) cash flow statement — 8-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 342K | -8.32M | 8.22M | 11.39M | -21.28M | 8.54M | -14.71M | -9.43M | -11.89M | -621K | -2.13M | -4.01M | -165.42M | -35.82M | -37.4M | -36M | -6.63M | -26M | -32.25M | -27.19M |
| Operating CF Margin % | 1.02% | -28.68% | 17.43% | 29.78% | -55.45% | 26.25% | -26.35% | -32.2% | -34.96% | -2.44% | -1.27% | -3% | -177.97% | -53.14% | -24.06% | -36.18% | -9.9% | -63.29% | -61.1% | -68.25% |
| Operating CF Growth % | 101.61% | -197.43% | 155.85% | 220.71% | -79.02% | 1474.56% | -590.93% | -135.3% | 92.81% | 98.27% | 94.31% | 88.87% | -2396.88% | -37.75% | -15.97% | -32.43% | 83.44% | -1323.37% | -104.74% | -1809.2% |
| Net Income | -14.38M | -18.93M | -177.53M | -23.79M | 202.53M | -25M | -51.14M | -148.3M | -582.27M | -72.31M | -37.69M | -77.07M | 19.12M | -44.78M | -35.27M | -34.28M | -32.02M | -22.48M | -34.05M | 115.61M |
| Depreciation & Amortization | 11.44M | 10.48M | 10M | 10.86M | 11.25M | 11M | 11.76M | 11.01M | 11.41M | 10.81M | 5.76M | 11.22M | 12.07M | 11.11M | 7.29M | 11.76M | 12.75M | 8.72M | 9.47M | 5.3M |
| Stock-Based Compensation | 1.45M | 2.05M | 2.29M | 2.22M | 1.4M | 4.32M | -3.25M | 6.53M | 6.81M | 8.37M | 16.79M | 11.2M | 0 | 7.2M | 0 | 0 | 0 | 6.26M | 0 | 6.2M |
| Deferred Taxes | 0 | 0 | 141K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 79M | -46K | 0 | -335K | 0 | 0 | 0 | -15.1M | 0 | 0 |
| Other Non-Cash Items | 738K | 2M | 152.91M | 8.29M | -216.25M | 1.87M | 40.66M | 104.21M | 548.8M | 472K | -68.78M | 6.21M | -44.08M | 3.27M | 19.41M | 8.85M | 8.83M | 1.69M | 9.61M | -142M |
| Working Capital Changes | 1.1M | -3.92M | 20.41M | 13.81M | -20.2M | 16.36M | -12.75M | 17.11M | 3.37M | 52.03M | 2.78M | 44.48M | -152.53M | -12.29M | -28.82M | -22.34M | 3.82M | -5.1M | -17.27M | -12.3M |
| Change in Receivables | 106K | 5.01M | -3.63M | 6.59M | -9.58M | 24.35M | 26.14M | 9.11M | 33.87M | 63.94M | -13.86M | 5.16M | -62.12M | -10.07M | -80.43M | -49.27M | -22.77M | -3.53M | 0 | -17.16M |
| Change in Inventory | -424K | -1.11M | 578K | -566K | 4.24M | 2.08M | 10.05M | -737K | -8.77M | 2.22M | 38.99M | 79.87M | -102.29M | -34.86M | 20.84M | 34.4M | 9.93M | -46.56M | 1.48M | 2.97M |
| Change in Payables | 7.35M | -3.27M | -679K | -444K | -8.19M | -10.54M | -17.47M | -15.75M | 1.36M | -16.28M | -7.01M | -17.28M | -9.78M | 28.83M | -9.95M | -26.39M | 27.84M | 67.95M | -54.28M | 0 |
| Cash from Investing | -1.21M | -1.35M | -1.12M | -1M | -1.08M | -3.59M | -2.67M | -2.25M | -3.21M | 4.67M | 15.47M | 31.79M | 20.64M | 67.83M | 28.09M | -15.89M | -13.1M | -542.93M | -3.18M | -173.46M |
| Capital Expenditures | -2.56M | -1.35M | -927K | 48K | -48K | -7K | -264K | -2.31M | -65K | -112K | -4.81M | -3.11M | -4.96M | -1.79M | -6.26M | -3.89M | -5.8M | -1.39M | 774K | -795K |
| CapEx % of Revenue | 7.59% | 4.64% | 1.97% | 0.13% | 0.13% | 0.02% | 0.47% | 7.89% | 0.19% | 0.44% | 2.87% | 2.33% | 5.34% | 2.65% | 4.03% | 3.91% | 8.66% | 3.37% | 1.47% | 2% |
| Acquisitions | 0 | 0 | -195K | 0 | 0 | 0 | 0 | 56K | 0 | 0 | -3.83M | 11K | 5K | -1.85M | 541K | 0 | -170K | -532.84M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.35M | 0 | 0 | -1.05M | -1.04M | -3.58M | -2.41M | 0 | -3.15M | 4.79M | 3.83M | 32.16M | 0 | -3.57M | 0 | 0 | 0 | -3.54M | 0 | -172.67M |
| Cash from Financing | 2.93M | -2.81M | -1.29M | -7.76M | 4.5M | -2.82M | -1.5M | -2.81M | -7.33M | 3.14M | -4.9M | -5.14M | 102.43M | -2.16M | -2.99M | 1.16M | -3.69M | -4.29M | 378.28M | 131.63M |
| Debt Issued (Net) | -1.9M | -2.81M | -1.29M | -5.25M | 4.46M | -2.82M | -1.5M | -2.81M | -2.1M | -2.09M | -4.92M | -5.18M | 130.19M | -100K | -2.67M | 388K | -2.65M | 6K | 444.77M | -1.14M |
| Equity Issued (Net) | 5.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19K | 28K | 80K | 0 | 82K | 583K | 264K | 0 | 210K | -12.62M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12.62M |
| Other Financing | -809K | 0 | 0 | -2.52M | 37K | 0 | 0 | 0 | -5.23M | 5.23M | 0 | 11K | -27.84M | -2.06M | -407K | 191K | -1.31M | -4.29M | -66.7M | 145.39M |
| Net Change in Cash | 1.83M | -12.33M | 5.79M | 2.33M | -17.79M | 2.29M | -19.07M | -14.29M | -22.47M | 7.43M | 8.31M | 22.76M | -42.48M | 29.98M | -12.2M | -50.91M | -23.53M | -573.24M | 342.59M | -68.95M |
| Free Cash Flow | -2.21M | -9.66M | 7.29M | 10.39M | -17.74M | 4.95M | -17.38M | -9.48M | -11.95M | -733K | -6.93M | -7.12M | -166.56M | -41.18M | -39.54M | -35.33M | -7.88M | -30.93M | -29.75M | -27.98M |
| FCF Margin % | -6.58% | -33.32% | 15.46% | 27.16% | -46.22% | 15.21% | -31.13% | -32.38% | -35.15% | -2.88% | -4.14% | -5.33% | -179.2% | -61.09% | -25.44% | -35.5% | -11.76% | -75.27% | -56.37% | -70.25% |
| FCF Growth % | 87.52% | -295.37% | 141.94% | 209.51% | -48.41% | 774.76% | -150.63% | -33.16% | 92.82% | 98.22% | 82.46% | 79.84% | -2014.78% | -33.14% | -32.89% | -26.25% | 82.25% | -573.81% | -66.92% | -1501.2% |
| FCF per Share | -0.24 | -1.13 | 0.86 | 1.24 | -2.09 | 0.60 | -2.14 | -1.17 | -1.47 | -0.09 | -0.89 | -0.91 | -21.38 | -5.31 | -5.12 | -4.58 | -1.02 | -4.11 | -4.11 | -3.99 |
| FCF Conversion (FCF/Net Income) | -0.02x | 0.44x | -0.51x | -0.48x | -0.11x | -0.34x | 0.29x | 0.06x | 0.02x | 0.01x | 0.06x | 0.05x | -8.65x | 0.80x | 1.06x | 1.05x | 0.21x | 1.16x | 0.95x | -0.24x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 6.81M | 0 | 6.99M | 1.42M | 0 | 0 | 0 | 1.48M | 0 | 0 | 0 | 1.87M | 0 | 1.86M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |