Stem (STEM) EBT (2019 - 2026)
Stem (STEM) posted quarterly EBT of -$18.8 million for Q1 2026, up 24.57% year-over-year from -$15.1 million in Q1 2025, and down 18.81% quarter-over-quarter from -$15.8 million in Q4 2025.
Stem (STEM) EBT (2019 - 2026) Analysis & Trends
Stem's EBT history runs 8 years deep, the most recent figure standing at -$18.8 million for Q1 2026.
- In Q1 2026, EBT rose 24.57% year-over-year to -$18.8 million; the TTM figure through Mar 2026 stood at $144.4 million (up 117.91% YoY), while the FY2025 annual figure was $138.3 million, up 116.2% from the prior year.
- EBT for Q1 2026 stood at -$18.8 million, down from -$15.8 million in the prior quarter.
- The five-year high for EBT was $203.0 million in Q2 2025, with the low at -$582.2 million in Q2 2024.
- The 5-year median for EBT is -$35.2 million (2022), against an average of -$59.6 million.
- The sharpest annual moves came in 2023 and 2024: EBT surged 161.23% in 2023, then plunged 3068.48% in 2024.
- Stem's EBT stood at -$35.2 million in 2022, then retreated by 6.74% to -$37.6 million in 2023, then tumbled by 36.01% to -$51.1 million in 2024, then jumped by 69.04% to -$15.8 million in 2025, then slipped by 18.81% to -$18.8 million in 2026.
- Business Quant data shows STEM's EBT at -$18.8 million in Q1 2026, -$15.8 million in Q4 2025, and -$23.9 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.89 Bn | 10.73 Bn | 117.49 Mn | 41.40 Mn |
| 2 | Ormat Technologies | 6.93 Bn | 6.27 Bn | 68.70 Mn | 17.16 Mn |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | 600.00 Mn |
| 4 | Clearway Energy | 3.77 Bn | 3.43 Bn | 332.00 Mn | 27.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 9.00 Mn |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | -43.50 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.92 Mn | - | 2.00 Mn |
| 8 | Energy Vault Holdings | 678.26 Mn | 609.51 Mn | 4.79 Mn | -32.48 Mn |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 583.09 Mn |
| 10 | Stem | 47.74 Mn | 11.15 Mn | 10.86 Mn | -18.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18.81 Mn |
| Dec 31, 2025 | -15.84 Mn |
| Sep 30, 2025 | -23.93 Mn |
| Jun 30, 2025 | 203.01 Mn |
| Mar 31, 2025 | -24.94 Mn |
| Dec 31, 2024 | -51.15 Mn |
| Sep 30, 2024 | -148.17 Mn |
| Jun 30, 2024 | -582.21 Mn |
| Mar 31, 2024 | -72.15 Mn |
| Dec 31, 2023 | -37.61 Mn |
| Sep 30, 2023 | -77.12 Mn |
| Jun 30, 2023 | 19.61 Mn |
| Mar 31, 2023 | -44.87 Mn |
| Dec 31, 2022 | -35.23 Mn |
| Sep 30, 2022 | -34.26 Mn |
| Jun 30, 2022 | -32.03 Mn |
| Mar 31, 2022 | -37.70 Mn |
| Dec 31, 2021 | -34.05 Mn |
| Sep 30, 2021 | 115.61 Mn |
| Jun 30, 2021 | -100.22 Mn |