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STEM logoStem, Inc. (STEM) Earnings History

Annual and quarterly earnings data from 2018 to 2025

TTM Net Income
$138M
Profitable
TTM EPS
$16.23
Diluted
YoY EPS Growth
+91.3%
Excellent
Net Margin
88.2%
Profitability
Operating Margin-38.7%
Gross Margin38.4%
ROEN/A
ROA36.9%
Highest Annual Net Income$138M (2025)
Highest Quarterly EPS$0.00 (Q1 2020)
Consecutive Profitable Years1 years
Q4 2025
Net Income-$16M
EPS$-1.88
QoQ Growth+32.8%Excellent

Loading earnings history...

STEM EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

STEM Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202538.4%-38.7%88.2%
2024-7.6%-580.6%-590.7%
20230.8%-38.9%-30.4%
20229.1%-36.1%-34.2%
20211.0%-65.2%-79.5%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Stem, Inc. (STEM) Earnings Overview

As of May 6, 2026, Stem, Inc. (STEM) reported trailing twelve-month net income of $138M, reflecting +91.3% year-over-year growth. The company earned $16.23 per diluted share over the past four quarters, with a net profit margin of 88.2%.

Looking at the long-term picture, STEM's historical earnings data spans multiple years. The company achieved its highest annual net income of $138M in fiscal 2025, representing a new all-time high.

Stem, Inc. maintains industry-leading profitability with a gross margin of 38.4%, operating margin of -38.7%, and net margin of 88.2%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including FLUX (-$5M net income, -10.0% margin), NRGV (-$115M net income, -50.9% margin), GREE (-$2M net income, -33.2% margin), STEM has outperformed on profitability metrics. Compare STEM vs FLUX →

STEM Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
STEM logoSTEMCurrent
$138M$16.2388.2%-+91.3%—
FLUX logoFLUX
-$5M$-0.22-10.0%-+20.0%
NRGV logoNRGV
-$115M$-0.67-50.9%-96.4%+28.6%
GREE logoGREE
-$2M$-0.10-33.2%-+57.6%
GNRC logoGNRC
$189M$3.193.8%6.2%-50.1%
BE logoBE
$6M$0.02-4.4%-12.8%-184.6%
Best in group
Lowest in group

STEM Historical Earnings Data (2018–2025)

8 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$138M+116.1%-$60M$-9.1888.2%-38.7%
2024-$854M-508.2%-$839M$-105.80-590.7%-580.6%
2023-$140M-13.2%-$179M$-18.05-30.4%-38.9%
2022-$124M-22.6%-$131M$-16.17-34.2%-36.1%
2021-$101M+35.2%-$83M$-19.18-79.5%-65.2%
2020-$156M-162.8%-$49M$-77.94-430.0%-136.0%
2019-$59M-729443.2%-$48M$-0.00-338.5%-272.6%
2018$-8,144-$-8,150$-0.00-0.1%-0.1%

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Is STEM Undervalued?

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Compare STEM vs NVDA

Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.

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STEM — Frequently Asked Questions

Quick answers to the most common questions about buying STEM stock.

Is STEM growing earnings?

STEM EPS is $16.23, with earnings growth accelerating to +91.3%. This exceeds the 5-year CAGR of N/A. TTM net income reached $138M.

What are STEM's profit margins?

Stem, Inc. net margin is +88.2%, with operating margin at -38.7%. Above-average margins indicate pricing power.

How consistent are STEM's earnings?

STEM earnings data spans 2018-2025. The accelerating earnings trend is +91.3% YoY. Historical data enables comparison across business cycles.

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STEM Earnings Over Time (2018–2025)

Net income and EPS trends