STEM Q1 2022 Earnings — Stem, Inc. Revenue & Financial Results | Market Cap Arena

STEMStem, Inc.

$95M

Q1 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$41M+166.5% YoY

Gross Profit

$4M8.9% margin

Operating Income

-$35M-85.1% margin

Net Income

-$22M-54.7% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

-22.2%

Cash Flow

Operating Cash Flow

-$26M

Free Cash Flow

-$31M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$788M

Stockholders' Equity

$630M

Cash & Equivalents

$175M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$41M	$15M	+166.5%
Gross Profit	$4M	-$117,000	+3214.5%
Operating Income	-$35M	-$10M	-253.7%
Net Income	-$22M	-$83M	+72.8%

Revenue Segments

Hardware

$31M76%

Service

$10M24%

Geographic Segments

Hardware

$31M76%

Service

$10M24%