STEM Q3 2022 Earnings — Stem, Inc. Revenue & Financial Results | Market Cap Arena

STEMStem, Inc.

$95M

Q3 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$100M+149.8% YoY

Gross Profit

$9M9.2% margin

Operating Income

-$33M-32.8% margin

Net Income

-$34M-34.4% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

+48.6%

Cash Flow

Operating Cash Flow

-$36M

Free Cash Flow

-$35M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$840M

Stockholders' Equity

$577M

Cash & Equivalents

$100M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$100M	$40M	+149.8%
Gross Profit	$9M	$3M	+190.9%
Operating Income	-$33M	-$19M	-70.4%
Net Income	-$34M	$116M	-129.6%

Revenue Segments

Hardware

$86M86%

Service

$14M14%

Geographic Segments

Hardware

$86M86%

Service

$14M14%