Growth Metrics

Stem (STEM) Cost of Revenue (2020 - 2025)

Stem (STEM) has 6 years of Cost of Revenue data on record, last reported at $7.7 million in Q4 2025.

  • For Q4 2025, Cost of Revenue fell 93.86% year-over-year to $7.7 million; the TTM value through Dec 2025 reached $28.7 million, down 81.55%, while the annual FY2025 figure was $28.7 million, 81.55% down from the prior year.
  • Cost of Revenue reached $7.7 million in Q4 2025 per STEM's latest filing, up from $7.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $420.2 million in Q4 2023 and bottomed at -$138.1 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $47.6 million, with a median of $11.0 million recorded in 2024.
  • The widest YoY moves for Cost of Revenue: up 29479.5% in 2022, down 220.53% in 2022.
  • A 5-year view of Cost of Revenue shows it stood at $114.6 million in 2021, then crashed by 220.53% to -$138.1 million in 2022, then soared by 404.25% to $420.2 million in 2023, then plummeted by 70.16% to $125.4 million in 2024, then tumbled by 93.86% to $7.7 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $7.7 million in Q4 2025, $7.0 million in Q3 2025, and $7.2 million in Q2 2025.