STEM Q3 2025 Earnings — Stem, Inc. Revenue & Financial Results | Market Cap Arena

STEMStem, Inc.

$95M

Q3 2025 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$38M+30.5% YoY

Gross Profit

$14M35.5% margin

Operating Income

-$13M-33.6% margin

Net Income

-$24M-62.2% margin

EPS (Diluted)

$-2.84

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$10M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$363M

Total Liabilities

$598M

Stockholders' Equity

-$236M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$29M	+30.5%
Gross Profit	$14M	$6M	+119.2%
Operating Income	-$13M	-$144M	+91.1%
Net Income	-$24M	-$148M	+84.0%

Revenue Segments

Hardware

$20M52%

Service

$18M48%

Geographic Segments

UNITED STATES

$36M94%

Non-US

$2M6%