Stem, Inc. (STEM) quarterly income statement — complete revenue, gross profit & net income history
Stem, Inc. (STEM) annual income statement — 8-year revenue, gross profit & net income history
| 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 |
|---|
| Sales/Revenue | 33.65M | 29M | 47.14M | 38.24M | 38.37M | 32.51M | 55.83M | 29.29M | 34M | 25.47M | 167.42M | 133.74M | 92.95M | 67.41M | 155.44M | 99.5M | 66.95M | 41.09M | 52.78M | 39.83M |
| Revenue Growth % | -12.3% | -10.8% | -15.55% | 30.54% | 12.87% | 27.65% | -66.66% | -78.1% | -63.42% | -62.21% | 7.71% | 34.41% | 38.84% | 64.05% | 194.51% | 149.8% | 246.21% | 166.46% | 183.06% | 334.29% |
| Cost of Goods Sold | 19.77M | 18.14M | 28.91M | 24.66M | 25.57M | 21.97M | 58.26M | 23.09M | 24.62M | 49.66M | 154M | 154.03M | 81.08M | 66.41M | 142.91M | 90.37M | 59.16M | 37.44M | 54.43M | 36.7M |
| COGS % of Revenue | 58.74% | 62.56% | 61.31% | 64.48% | 66.64% | 67.59% | 104.37% | 78.85% | 72.43% | 194.98% | 91.98% | 115.17% | 87.23% | 98.53% | 91.94% | 90.83% | 88.37% | 91.13% | 103.12% | 92.12% |
| Gross Profit | 13.89M | 10.86M | 18.24M | 13.58M | 12.8M | 10.54M | -2.44M | 6.2M | 9.38M | -24.19M | 13.43M | -20.29M | 11.87M | 994K | 12.53M | 9.13M | 7.79M | 3.64M | -1.65M | 3.14M |
| Gross Margin % | 41.26% | 37.44% | 38.69% | 35.52% | 33.36% | 32.41% | -4.37% | 21.15% | 27.57% | -94.98% | 8.02% | -15.17% | 12.77% | 1.47% | 8.06% | 9.17% | 11.63% | 8.87% | -3.12% | 7.88% |
| Gross Profit Growth % | 8.49% | 3.05% | 848.07% | 119.17% | 36.53% | 143.56% | -118.16% | 130.54% | -21.03% | -2533.7% | 7.13% | -322.32% | 52.43% | -72.72% | 860.96% | 190.95% | 6232.28% | 3214.53% | -231.87% | 281.33% |
| Operating Expenses | 21.56M | 21.76M | 31.38M | 26.43M | 26.14M | 31.69M | 44.7M | 150.65M | 589.22M | 43.82M | 46.95M | 47.98M | 46.74M | 43.65M | 46.28M | 41.73M | 37.61M | 38.6M | 28.53M | 22.27M |
| OpEx % of Revenue | 64.06% | 75.03% | 66.57% | 69.12% | 68.13% | 97.46% | 80.08% | 514.32% | 1733.06% | 172.06% | 28.04% | 35.88% | 50.29% | 64.75% | 29.77% | 41.94% | 56.18% | 93.94% | 54.06% | 55.9% |
| Selling, General & Admin | 15.64M | 15.18M | 24.33M | 19.52M | 16.15M | 20.36M | 33.93M | 35.43M | 26.79M | 29.69M | 20.15M | 33.56M | 32.58M | 30.2M | 36.41M | 31.2M | 28.65M | 29.65M | 21.31M | 16M |
| SG&A % of Revenue | 46.48% | 52.36% | 51.6% | 51.04% | 42.09% | 62.62% | 60.77% | 120.95% | 78.8% | 116.56% | 12.03% | 25.09% | 35.06% | 44.81% | 23.42% | 31.36% | 42.79% | 72.17% | 40.38% | 40.17% |
| Research & Development | 6.46M | 6.58M | 7.06M | 6.92M | 9.99M | 11.33M | 10.78M | 11.09M | 15.28M | 14.14M | 27.99M | 14.42M | 14.16M | 13.44M | 9.87M | 10.53M | 8.96M | 8.94M | 7.22M | 6.27M |
| R&D % of Revenue | 19.19% | 22.67% | 14.97% | 18.09% | 26.04% | 34.84% | 19.31% | 37.85% | 44.95% | 55.5% | 16.72% | 10.78% | 15.23% | 19.95% | 6.35% | 10.58% | 13.39% | 21.77% | 13.68% | 15.74% |
| Other Operating Expenses | -545K | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -7.67M | -10.9M | -13.15M | -12.85M | -13.34M | -21.15M | -47.14M | -144.45M | -579.85M | -68.01M | -33.52M | -68.27M | -34.87M | -42.65M | -33.75M | -32.6M | -29.82M | -34.95M | -30.18M | -19.13M |
| Operating Margin % | -22.79% | -37.58% | -27.89% | -33.61% | -34.77% | -65.05% | -84.45% | -493.16% | -1705.49% | -267.04% | -20.02% | -51.05% | -37.52% | -63.28% | -21.71% | -32.76% | -44.55% | -85.07% | -57.18% | -48.03% |
| Operating Income Growth % | 42.51% | 48.46% | 72.11% | 91.1% | 97.7% | 68.91% | -40.64% | -111.59% | -1562.93% | -59.46% | 0.67% | -109.43% | -16.92% | -22.03% | -11.81% | -70.41% | -24.88% | -253.67% | -137.18% | -53.41% |
| EBITDA | -6.86M | -361K | 2.16M | -1.83M | -2.04M | -10.15M | -35.38M | -133.44M | -568.44M | -57.15M | -29.98M | -57M | -22.8M | -30.82M | -26.46M | -20.84M | -17.08M | -25.62M | -20.71M | -13.88M |
| EBITDA Margin % | -20.38% | -1.24% | 4.58% | -4.78% | -5.31% | -31.23% | -63.38% | -455.57% | -1671.93% | -224.37% | -17.91% | -42.62% | -24.53% | -45.73% | -17.02% | -20.94% | -25.51% | -62.36% | -39.24% | -34.84% |
| EBITDA Growth % | -236.6% | 96.44% | 106.1% | 98.63% | 99.64% | 82.23% | -18.01% | -134.13% | -2393.6% | -85.39% | -13.33% | -173.56% | -33.5% | -20.3% | -27.74% | -50.12% | 8.42% | -433.35% | -121.24% | -109.68% |
| D&A (Non-Cash Add-back) | 0 | 10.54M | 15.31M | 11.02M | 11.3M | 11M | 11.76M | 11.01M | 11.41M | 10.87M | 3.54M | 11.28M | 12.07M | 11.83M | 7.29M | 11.76M | 12.75M | 9.33M | 9.47M | 5.25M |
| EBIT | -6.86M | -11.45M | -7.53M | -16.66M | 207.08M | -20.65M | -46.71M | -143.66M | -577.58M | -67.45M | -31.01M | -72.71M | 23.52M | -43.09M | -33.19M | -31.74M | -29.34M | -34.48M | -29.49M | 118.29M |
| Net Interest Income | -7.51M | -7.36M | -8.3M | -7.27M | -4.07M | -4.29M | -4.44M | -4.51M | -4.63M | -4.71M | -4.89M | -4.41M | -3.9M | -1.78M | -2.04M | -2.52M | -2.69M | -3.22M | -4.56M | -2.67M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 7.51M | 7.36M | 8.3M | 7.27M | 4.07M | 4.29M | 4.44M | 4.51M | 4.63M | 4.71M | 4.89M | 4.41M | 3.9M | 1.78M | 2.04M | 2.52M | 2.69M | 3.22M | 4.56M | 2.67M |
| Other Income/Expense | -6.7M | -7.91M | -2.69M | -11.08M | 216.35M | -3.79M | -4.01M | -3.72M | -2.36M | -4.14M | -4.08M | -8.85M | 54.48M | -2.22M | -1.49M | -1.66M | -2.21M | -2.74M | -3.87M | 134.74M |
| Pretax Income | -14.37M | -18.81M | -15.84M | -23.93M | 203.01M | -24.94M | -51.15M | -148.17M | -582.21M | -72.15M | -37.61M | -77.12M | 19.61M | -44.87M | -35.23M | -34.26M | -32.03M | -37.7M | -34.05M | 115.61M |
| Pretax Margin % | -42.7% | -64.87% | -33.59% | -62.59% | 529.02% | -76.72% | -91.62% | -505.86% | -1712.43% | -283.3% | -22.46% | -57.66% | 21.1% | -66.57% | -22.67% | -34.43% | -47.84% | -91.74% | -64.52% | 290.24% |
| Income Tax | 13K | 112K | 144K | -141K | 475K | 58K | -12K | 129K | 62K | 153K | 79K | -46K | 491K | -91K | 40K | 19K | -7K | -15.21M | 0 | 0 |
| Effective Tax Rate % | -0.09% | -0.6% | -0.91% | 0.59% | 0.23% | -0.23% | 0.02% | -0.09% | -0.01% | -0.21% | -0.21% | 0.06% | 2.5% | 0.2% | -0.11% | -0.06% | 0.02% | 40.36% | 0% | 0% |
| Net Income | -14.38M | -18.93M | -15.98M | -23.79M | 202.53M | -25M | -51.14M | -148.3M | -582.27M | -72.31M | -37.69M | -77.07M | 19.12M | -44.78M | -35.27M | -34.27M | -32.02M | -22.48M | -34.05M | 115.61M |
| Net Margin % | -42.74% | -65.26% | -33.89% | -62.22% | 527.78% | -76.89% | -91.6% | -506.3% | -1712.61% | -283.9% | -22.51% | -57.63% | 20.57% | -66.43% | -22.69% | -34.45% | -47.83% | -54.72% | -64.52% | 290.24% |
| Net Income Growth % | -107.1% | 24.3% | 68.75% | 83.96% | 134.78% | 65.43% | -35.7% | -92.42% | -3145.03% | -61.48% | -6.84% | -124.86% | 159.71% | -99.16% | -3.58% | -129.65% | 68.05% | 72.77% | 66.25% | 715.45% |
| Net Income (Continuing) | -14.38M | -18.93M | -15.98M | -23.79M | 202.53M | -25M | -51.14M | -148.3M | -582.27M | -72.31M | -37.69M | -77.07M | 19.12M | -44.78M | -35.27M | -34.27M | -32.02M | -22.48M | -34.05M | 115.61M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -426K | 383K | 383K | 578K | 578K | 541K | 541K | 541K | 485K | 485K | 485K | 485K | 475K | 469K | 541K | 407K | 212K | 141K | 0 | 0 |
| EPS (Diluted) | -1.58 | -2.22 | -1.88 | -2.84 | -1.79 | -3.05 | -6.28 | -18.24 | -71.81 | -9.14 | -4.83 | -0.49 | -0.26 | -0.29 | -4.56 | -0.22 | -0.21 | -0.15 | -4.71 | -0.15 |
| EPS Growth % | 11.73% | 27.21% | 70.06% | 84.43% | 97.51% | 66.63% | -29.93% | -3587.83% | -27863.4% | -3062.63% | -5.88% | -122.79% | -23.58% | -93.44% | 3.04% | -45.57% | 98.96% | 92.68% | 91.43% | 67.66% |
| EPS (Basic) | -1.58 | -2.22 | -1.90 | -2.84 | 24.31 | -3.05 | -6.28 | -18.24 | -71.81 | -9.14 | -4.83 | -9.89 | 2.46 | -5.78 | -4.56 | -4.44 | -4.16 | -2.99 | -4.71 | 17.10 |
| Diluted Shares Outstanding | 9.11M | 8.52M | 8.49M | 8.38M | 8.48M | 8.19M | 8.14M | 8.13M | 8.11M | 7.91M | 7.8M | 7.79M | 7.79M | 7.75M | 7.73M | 7.72M | 7.71M | 7.52M | 7.23M | 7.01M |
| Basic Shares Outstanding | 9.11M | 8.52M | 8.34M | 8.38M | 8.33M | 8.19M | 8.14M | 8.13M | 8.11M | 7.91M | 7.8M | 7.79M | 7.78M | 7.75M | 7.73M | 7.72M | 7.71M | 7.52M | 7.23M | 6.76M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |