STEM Q3 2021 Earnings — Stem, Inc. Revenue & Financial Results | Market Cap Arena

STEMStem, Inc.

$92M

Q3 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$40M+334.3% YoY

Gross Profit

$3M7.9% margin

Operating Income

-$19M-48.0% margin

Net Income

$116M290.2% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

+106.0%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$28M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$825M

Total Liabilities

$194M

Stockholders' Equity

$631M

Cash & Equivalents

$405M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$9M	+334.3%
Gross Profit	$3M	-$2M	+281.3%
Operating Income	-$19M	-$12M	-53.4%
Net Income	$116M	-$19M	+715.4%

Revenue Segments

Hardware

$35M88%

Service

$5M12%