STEM Q2 2022 Earnings — Stem, Inc. Revenue & Financial Results | Market Cap Arena

STEMStem, Inc.

$95M

Q2 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$67M+246.2% YoY

Gross Profit

$8M11.6% margin

Operating Income

-$30M-44.5% margin

Net Income

-$32M-47.8% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

+62.9%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$8M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$823M

Stockholders' Equity

$603M

Cash & Equivalents

$151M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$67M	$19M	+246.2%
Gross Profit	$8M	-$127,000	+6232.3%
Operating Income	-$30M	-$24M	-24.9%
Net Income	-$32M	-$100M	+68.0%

Revenue Segments

Hardware

$54M81%

Service

$13M19%

Geographic Segments

Hardware

$54M81%

Service

$13M19%