Stem (STEM) Accumulated Expenses (2019 - 2026)
Stem (STEM) recorded quarterly Accumulated Expenses of $25.7 million in Q1 2026, down 4.49% quarter-over-quarter from $26.9 million in Q4 2025, and up 203.03% on a YoY basis from $8.5 million in Q1 2025.
Stem (STEM) Accumulated Expenses (2019 - 2026) Analysis & Trends
Stem's Accumulated Expenses history runs 8 years deep, the most recent figure standing at $25.7 million for Q1 2026.
- In Q1 2026, Accumulated Expenses rose 203.03% year-over-year to $25.7 million; the TTM figure through Mar 2026 stood at $25.7 million (up 203.03% YoY), while the FY2025 annual figure was $26.9 million, up 4.29% from the prior year.
- Accumulated Expenses was $25.7 million for Q1 2026 at Stem, down from $26.9 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $63.4 million in Q2 2024 to a low of $6.3 million in Q2 2025.
- Historically, Accumulated Expenses has averaged $21.0 million across 5 years, with a median of $13.3 million in 2022.
- The sharpest annual moves came in 2022 and 2025: Accumulated Expenses soared 770.93% in 2022, then tumbled 90.12% in 2025.
- A 5-year view of Accumulated Expenses shows it stood at $12.5 million in 2022, then gained by 15.29% to $14.4 million in 2023, then surged by 79.31% to $25.8 million in 2024, then advanced by 4.29% to $26.9 million in 2025, then dropped by 4.49% to $25.7 million in 2026.
- The last three Accumulated Expenses figures came in at $25.7 million (Q1 2026), $26.9 million (Q4 2025), and $29.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AXIA Energia | 186.46 Bn | 183.75 Bn | 1.44 Bn |
| 2 | Enlight Renewable Energy | 11.26 Bn | 10.73 Bn | 85.64 Mn |
| 3 | Ormat Technologies | 8.50 Bn | 8.35 Bn | 78.83 Mn |
| 4 | Fluence Energy | 3.04 Bn | 2.71 Bn | 46.63 Mn |
| 5 | Clearway Energy | 1.39 Bn | 4.74 Bn | 220.00 Mn |
| 6 | XPLR Infrastructure | 1.09 Bn | 8.62 Bn | 141.00 Mn |
| 7 | Energy Vault Holdings | 940.11 Mn | 894.68 Mn | 4.79 Mn |
| 8 | Ellomay Capital | 694.29 Mn | 616.52 Mn | 1,508.00 |
| 9 | ReNew Energy Global | 317.68 Mn | 100.91 Mn | 275.78 Mn |
| 10 | Stem | 65.58 Mn | 29.38 Mn | 10.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.67 Mn |
| Dec 31, 2025 | 26.88 Mn |
| Sep 30, 2025 | 29.91 Mn |
| Jun 30, 2025 | 6.26 Mn |
| Mar 31, 2025 | 8.47 Mn |
| Dec 31, 2024 | 25.77 Mn |
| Sep 30, 2024 | 10.27 Mn |
| Jun 30, 2024 | 63.36 Mn |
| Mar 31, 2024 | 11.19 Mn |
| Dec 31, 2023 | 14.37 Mn |
| Sep 30, 2023 | 60.62 Mn |
| Jun 30, 2023 | 7.97 Mn |
| Mar 31, 2023 | 7.03 Mn |
| Dec 31, 2022 | 12.47 Mn |
| Sep 30, 2022 | 13.27 Mn |
| Jun 30, 2022 | 10.13 Mn |
| Mar 31, 2022 | 22.79 Mn |
| Dec 31, 2021 | 7.45 Mn |
| Sep 30, 2021 | 5.52 Mn |
| Jun 30, 2021 | 9.18 Mn |