STEM Q1 2024 Earnings — Stem, Inc. Revenue & Financial Results | Market Cap Arena

STEMStem, Inc.

$95M

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$25M-62.2% YoY

Gross Profit

-$24M-95.0% margin

Operating Income

-$68M-267.0% margin

Net Income

-$72M-283.9% margin

EPS (Diluted)

$-9.14

QoQ Revenue Growth

-84.8%

Cash Flow

Operating Cash Flow

-$621,000

Free Cash Flow

-$733,000

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$913M

Stockholders' Equity

$372M

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$67M	-62.2%
Gross Profit	-$24M	$994,000	-2533.7%
Operating Income	-$68M	-$43M	-59.5%
Net Income	-$72M	-$45M	-61.5%

Revenue Segments

Service

$15M58%

Hardware

$11M42%

Geographic Segments

Service

$15M58%

Hardware

$11M42%