STEM Q2 2024 Earnings — Stem, Inc. Revenue & Financial Results | Market Cap Arena

STEMStem, Inc.

$95M

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$34M-63.4% YoY

Gross Profit

$9M27.6% margin

Operating Income

-$580M-1705.5% margin

Net Income

-$582M-1712.6% margin

EPS (Diluted)

$-71.81

QoQ Revenue Growth

+33.5%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$12M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$692M

Total Liabilities

$894M

Stockholders' Equity

-$203M

Cash & Equivalents

$90M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34M	$93M	-63.4%
Gross Profit	$9M	$12M	-21.0%
Operating Income	-$580M	-$35M	-1562.9%
Net Income	-$582M	$19M	-3145.0%

Revenue Segments

Hardware

$19M56%

Service

$15M44%

Geographic Segments

Hardware

$19M56%

Service

$15M44%