Stem (STEM) Capital Expenditures (2020 - 2026)
Stem (STEM) posted quarterly Capital Expenditures of -$4.6 million for Q3 2025, down 9170.59% year-over-year from $51000.0 in Q3 2024, and down 200.15% quarter-over-quarter from $4.6 million in Q2 2025.
Analysis
Stem (STEM) Capital Expenditures (2020 - 2026) Analysis & Trends
Stem's Capital Expenditures history runs 6 years deep, the most recent figure standing at -$4.6 million for Q3 2025.
- In Q3 2025, Capital Expenditures fell 9170.59% year-over-year to -$4.6 million; the TTM figure through Mar 2026 stood at -$7000.0 (down 122.58% YoY), while the FY2024 annual figure was $275000.0, down 81.73% from the prior year.
- Capital Expenditures for Q3 2025 stood at -$4.6 million, down from $4.6 million in the prior quarter.
- The five-year high for Capital Expenditures was $5.9 million in Q3 2021, with the low at -$4.6 million in Q3 2025.
- The 5-year median for Capital Expenditures is $251000.0 (2024), against an average of $609176.5.
- The sharpest annual moves came in 2021 and 2025: Capital Expenditures surged 45076.92% in 2021, then tumbled 9170.59% in 2025.
- Stem's Capital Expenditures stood at -$203000.0 in 2021, then surged by 1152.71% to $2.1 million in 2022, then plunged by 48.06% to $1.1 million in 2023, then plunged by 95.77% to $47000.0 in 2024, then plunged by 9942.55% to -$4.6 million in 2025.
- Business Quant data shows STEM's Capital Expenditures at -$4.6 million in Q3 2025, $4.6 million in Q2 2025, and $7000.0 in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | - |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | -723.46 Mn |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | - |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | -1.33 Bn |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | 84.00 Mn |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | - |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | 27.31 Mn |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | -162.00 Mn |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | 9.15 Mn |
| 10 | Stem | 50.02 Mn | 11.60 Mn | 13.89 Mn | 1.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.21 Mn |
| Mar 31, 2026 | 1.35 Mn |
| Dec 31, 2025 | 927,000.00 |
| Sep 30, 2025 | 1.05 Mn |
| Jun 30, 2025 | 1.04 Mn |
| Mar 31, 2025 | 3.58 Mn |
| Dec 31, 2024 | 2.41 Mn |
| Sep 30, 2024 | 2.26 Mn |
| Jun 30, 2024 | 3.15 Mn |
| Mar 31, 2024 | 3.46 Mn |
| Dec 31, 2023 | 3.97 Mn |
| Sep 30, 2023 | 2.74 Mn |
| Jun 30, 2023 | 3.82 Mn |
| Mar 31, 2023 | 3.57 Mn |
| Dec 31, 2022 | 4.12 Mn |
| Sep 30, 2022 | 4.57 Mn |
| Jun 30, 2022 | 4.55 Mn |
| Mar 31, 2022 | 3.54 Mn |
| Dec 31, 2021 | -203,000.00 |
| Sep 30, 2021 | 570,000.00 |