STEM Q3 2024 Earnings — Stem, Inc. Revenue & Financial Results | Market Cap Arena

STEMStem, Inc.

$95M

Q3 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$29M-78.1% YoY

Gross Profit

$6M21.2% margin

Operating Income

-$144M-493.2% margin

Net Income

-$148M-506.3% margin

EPS (Diluted)

$-18.24

QoQ Revenue Growth

-13.8%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$9M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$538M

Total Liabilities

$881M

Stockholders' Equity

-$344M

Cash & Equivalents

$75M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$29M	$134M	-78.1%
Gross Profit	$6M	-$20M	+130.5%
Operating Income	-$144M	-$68M	-111.6%
Net Income	-$148M	-$77M	-92.4%

Revenue Segments

Service

$22M76%

Hardware

$7M24%

Geographic Segments

Service

$22M76%

Hardware

$7M24%