STEM Q4 2023 Earnings — Stem, Inc. Revenue & Financial Results | Market Cap Arena

STEMStem, Inc.

$95M

Q4 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$167M+7.7% YoY

Gross Profit

$13M8.0% margin

Operating Income

-$34M-20.0% margin

Net Income

-$38M-22.5% margin

EPS (Diluted)

$-4.83

QoQ Revenue Growth

+25.2%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$7M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$930M

Stockholders' Equity

$426M

Cash & Equivalents

$105M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$167M	$155M	+7.7%
Gross Profit	$13M	$13M	+7.1%
Operating Income	-$34M	-$34M	+0.7%
Net Income	-$38M	-$35M	-6.8%

Revenue Segments

Hardware

$153M91%

Service

$15M9%

Geographic Segments

UNITED STATES

$159M95%

Non-US

$9M5%