Stem (STEM) Convertible Debt (2021 - 2026)

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 was $183.8 million for Q1 2026 at Stem, roughly flat from $183.6 million in the prior quarter.
• In the past five years, Convertible Debt ranged from a high of $526.5 million in Q1 2025 to a low of $183.2 million in Q2 2025.
• Historically, Convertible Debt has averaged $421.6 million across 5 years, with a median of $448.4 million in 2023.
• The sharpest annual moves came in 2022 and 2025: Convertible Debt jumped 41.5% in 2022, then sank 65.09% in 2025.
• A 5-year view of Convertible Debt shows it stood at $447.9 million in 2022, then gained by 16.91% to $523.6 million in 2023, then gained by 0.44% to $525.9 million in 2024, then tumbled by 65.09% to $183.6 million in 2025, then grew by 0.11% to $183.8 million in 2026.
• The last three Convertible Debt figures came in at $183.8 million (Q1 2026), $183.6 million (Q4 2025), and $183.4 million (Q3 2025), per Business Quant data.