NYSE$STEM

Stem Inc. · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Stem Inc. reported Q4 2025, revenue of $47.2M, net loss of $16M.

For Q4 2025, Stem Inc. reported revenue of $47.2M, a net loss of $16M. Management discusses segment performance, capital allocation, and macro risks in the quarterly filing.

  • Revenue $47.2M.
  • Net loss $16M.
  • Stem Inc. MD&A covers liquidity, capital, and operating priorities.

Headline financials

Total Revenue

$47.2M

Previous: $55.8M-15.4%
EPS (adj)

$16.52

Previous: -$0.32+5262.5%
Contracted Backlog

$21.3M

Previous: $20.9M+1.9%
Bookings

$32.7M

Previous: $37.6M-13.0%
ARR

$61.1M

Previous: $52.8M+15.7%
CARR

$67.2M

Previous: $64.5M+4.2%
Solar Operating AUM

36.1

Previous: 29.9+20.7%
Storage Operating AUM

1.7

Previous: 1.8-5.6%
Adjusted EBITDA

$5.5M

Previous: $4.2M+31.0%
Operating Cash Flow

$8.2M

Previous: -$14.7M+155.8%
GAAP Gross Margin

49.0%

Previous: -4.0%+1325.0%
Non-GAAP Gross Margin

45.0%

Previous: 36.0%+25.0%
Net Income

-$16M

Previous: -$51.1M+68.7%
Operating Income

-$55.7M

Previous: -$839M+93.4%
Gross Profit

$23.2M

Previous: -$2.5M+1028.0%

Revenue & EPS history

Stem · Revenue · Quarterly

$47.2M

Q4 2025-15.4%vs Q4 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks; numeric multi-quarter bridges vary by issuer.

Tailwinds

  • MD&A highlights liquidity, capital, and core business trends.
  • Segment or product commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

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 Q4 2025

Historical avgQ4 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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro