Stem (STEM) Capital Expenditures (2020 - 2025)

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.

Stem (STEM) Capital Expenditures (2020 - 2025) 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn 723.46 Mn
2 Ormat Technologies 6.97 Bn 6.31 Bn 68.70 Mn -
3 Brookfield Renewable Partners 4.63 Bn 2.13 Bn 623.00 Mn -1.33 Bn
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn 84.00 Mn
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn -
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn 27.31 Mn
7 XPLR Infrastructure 1.08 Bn 584.55 Mn - -162.00 Mn
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn -
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn 7.06 Mn
10 Stem 46.59 Mn 10.00 Mn 10.86 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2025 -4.63 Mn
Sep 30, 2025 -4.63 Mn
Jun 30, 2025 4.62 Mn
Jun 30, 2025 4.62 Mn
Mar 31, 2025 7,000.00
Mar 31, 2025 7,000.00
Dec 31, 2024 47,000.00
Dec 31, 2024 47,000.00
Sep 30, 2024 51,000.00
Sep 30, 2024 51,000.00
Jun 30, 2024 -74,000.00
Jun 30, 2024 -74,000.00
Mar 31, 2024 251,000.00
Mar 31, 2024 251,000.00
Dec 31, 2023 1.11 Mn
Dec 31, 2023 1.11 Mn
Sep 30, 2023 -2.25 Mn
Sep 30, 2023 -2.25 Mn
Jun 30, 2023 1.02 Mn
Jun 30, 2023 1.02 Mn