Stem (STEM) Cost of Revenue (2020 - 2025)
Stem has reported Cost of Revenue over the past 6 years, most recently at $7.7 million for Q4 2025.
- Quarterly results put Cost of Revenue at $7.7 million for Q4 2025, up 2.98% from a year ago — trailing twelve months through Dec 2025 was $28.7 million (down 68.08% YoY), and the annual figure for FY2025 was $28.7 million, down 23.95%.
- Cost of Revenue for Q4 2025 was $7.7 million at Stem, up from $7.0 million in the prior quarter.
- Over the last five years, Cost of Revenue for STEM hit a ceiling of $420.2 million in Q4 2023 and a floor of $1.8 million in Q4 2021.
- Median Cost of Revenue over the past 5 years was $14.4 million (2021), compared with a mean of $62.0 million.
- Biggest five-year swings in Cost of Revenue: skyrocketed 16266.89% in 2022 and later plummeted 98.22% in 2024.
- Stem's Cost of Revenue stood at $1.8 million in 2021, then skyrocketed by 16266.89% to $294.6 million in 2022, then soared by 42.62% to $420.2 million in 2023, then plummeted by 98.22% to $7.5 million in 2024, then increased by 2.98% to $7.7 million in 2025.
- The last three reported values for Cost of Revenue were $7.7 million (Q4 2025), $7.0 million (Q3 2025), and $7.2 million (Q2 2025) per Business Quant data.