Stem (STEM) Convertible Debt (2021 - 2026)
Stem (STEM) posted quarterly Convertible Debt of $183.8 million for Q1 2026, down 65.09% year-over-year from $526.5 million in Q1 2025, and little changed quarter-over-quarter from $183.6 million in Q4 2025.
Stem (STEM) Convertible Debt (2021 - 2026) Analysis & Trends
Stem's Convertible Debt history runs 6 years deep, the most recent figure standing at $183.8 million for Q1 2026.
- In Q1 2026, Convertible Debt fell 65.09% year-over-year to $183.8 million; the TTM figure through Mar 2026 stood at $183.8 million (down 65.09% YoY), while the FY2025 annual figure was $183.6 million, down 65.09% from the prior year.
- Convertible Debt for Q1 2026 stood at $183.8 million, roughly flat from $183.6 million in the prior quarter.
- The five-year high for Convertible Debt was $526.5 million in Q1 2025, with the low at $183.2 million in Q2 2025.
- The 5-year median for Convertible Debt is $448.4 million (2023), against an average of $421.6 million.
- The sharpest annual moves came in 2022 and 2025: Convertible Debt soared 41.5% in 2022, then plunged 65.09% in 2025.
- Stem's Convertible Debt stood at $447.9 million in 2022, then rose by 16.91% to $523.6 million in 2023, then rose by 0.44% to $525.9 million in 2024, then slumped by 65.09% to $183.6 million in 2025, then climbed by 0.11% to $183.8 million in 2026.
- Business Quant data shows STEM's Convertible Debt at $183.8 million in Q1 2026, $183.6 million in Q4 2025, and $183.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 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 |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 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 |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 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 |
| 10 | Stem | 46.59 Mn | 10.00 Mn | 10.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 183.80 Mn |
| Dec 31, 2025 | 183.59 Mn |
| Sep 30, 2025 | 183.39 Mn |
| Jun 30, 2025 | 183.19 Mn |
| Mar 31, 2025 | 526.50 Mn |
| Dec 31, 2024 | 525.92 Mn |
| Sep 30, 2024 | 525.35 Mn |
| Jun 30, 2024 | 524.77 Mn |
| Mar 31, 2024 | 524.20 Mn |
| Dec 31, 2023 | 523.63 Mn |
| Sep 30, 2023 | 523.07 Mn |
| Jun 30, 2023 | 522.51 Mn |
| Mar 31, 2023 | 448.40 Mn |
| Dec 31, 2022 | 447.91 Mn |
| Sep 30, 2022 | 447.41 Mn |
| Jun 30, 2022 | 446.91 Mn |
| Mar 31, 2022 | 446.42 Mn |
| Dec 31, 2021 | 316.54 Mn |