NYSE$STEM

Stem Inc. · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Stem reported Q1 2025 revenue of $32.5M, a net loss of $24.9M, diluted EPS of $-0.15.

For Q1 2025, Stem reported Revenue was $32.5M, net loss was $24.9M, diluted EPS was $-0.15. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $32.5M for Q1 2025.
  • Net loss $24.9M.
  • Diluted EPS $-0.15.

Headline financials

Total Revenue

$32.5M

Previous: $25.5M+27.7%
EPS (adj)

-$0.15

Previous: -$0.46+67.4%
Contracted Backlog

$25.3M

Previous: $20.9M+21.1%
Bookings

$34.5M

Previous: $37.6M-8.2%
ARR

$56.9M

No prior period
CARR

$69M

No prior period
Solar Operating AUM

32.4

Previous: 26.9+20.4%
Storage Operating AUM

1.6

No prior period
Adjusted EBITDA

-$4.6M

Previous: -$12.2M+62.3%
Operating Cash Flow

$8.5M

Previous: -$600K+1516.7%
Non-GAAP Gross Margin

46.0%

Previous: 24.0%+91.7%
Capital Expenditures

-$7K

Previous: -$112K+93.8%
Net Income

-$25M

Previous: -$72.3M+65.4%
Operating Income

-$21.1M

Previous: -$68M+68.9%
Gross Profit

$10.5M

Previous: -$24.2M+143.6%

Revenue & EPS history

Stem · Revenue · Quarterly

$32.5M

Q1 2025+27.7%vs Q1 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

Outlook emphasizes milestones, liquidity runway, and cost discipline.

Tailwinds

  • Pipeline progress and partnership economics.
  • Cash supports near-term operating plans.

Headwinds

  • Operating losses until commercial scale.
  • Financing and competition affect funding costs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-2.0%

Avg return

Earnings day

-4.6%

Avg return

5 days after

+2.4%

Avg return

30 days after

52%

13 / 25 earnings

Positive

+30.3%

Q1 2025

Best reaction

-40.5%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.1%-14.6%-28.0%
Q4 2025+21.2%+8.1%-13.8%
Q3 2025-28.0%-23.5%-25.1%
Q1 2025+30.3%+21.2%+17.8%
Q4 2024+13.1%-13.0%-24.6%
Q3 2024-30.2%-22.4%-27.5%
Q2 2024-40.5%-41.8%-53.9%
Q1 2024-26.5%-30.3%-28.1%
Q4 2023+4.7%-1.6%-14.5%
Q3 2023+10.9%+5.1%-0.3%
Q2 2023+6.1%+4.1%-21.3%
Q1 2023+11.5%+6.0%+36.1%
Q4 2022-19.0%-20.5%-36.5%
Q3 2022+1.5%-1.1%-0.3%
Q2 2022+23.9%+25.7%+21.5%
Q1 2022+6.5%-15.9%+6.8%
Q4 2021-10.2%-4.9%+11.0%
Q3 2021-0.7%-0.2%-20.7%
Q2 2020-14.5%-20.1%-20.9%
Q2 2021-14.5%-20.1%-20.9%
Q1 2021+6.9%+22.5%+77.1%
Q1 2020+6.9%+22.5%+77.1%
Q4 2020-12.0%-5.2%-3.8%
Q3 2020+0.0%+2.6%+76.9%
Q4 2019+0.0%+2.6%+76.9%
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q2 2015
Q1 2015
Q4 2014

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