Stem (STEM) FCF Margin (2020 - 2026)

Stem (STEM) posted quarterly FCF Margin of 28.62% for Q1 2026, down 5485.0% year-over-year from 0.53% in Q1 2025, and down 263.33% quarter-over-quarter from 17.52% in Q4 2025.

Stem (STEM) FCF Margin (2020 - 2026) Analysis & Trends

Stem's FCF Margin history runs 7 years deep, the most recent figure standing at 28.62% for Q1 2026.

  • In Q1 2026, FCF Margin fell 5485.0% year-over-year to 28.62%; the TTM figure through Mar 2026 stood at 6.53% (up 1163.0% YoY), while the FY2025 annual figure was 4.39%, up 2993.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 28.62%, down from 17.52% in the prior quarter.
  • The five-year high for FCF Margin was 41.65% in Q3 2025, with the low at 179.06% in Q2 2023.
  • The 5-year median for FCF Margin is 26.43% (2024), against an average of 28.28%.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin surged 19214 bps in 2022, then slumped 16917 bps in 2023.
  • Stem's FCF Margin stood at 25.43% in 2022, then soared by 92 bps to 1.93% in 2023, then slumped by 1266 bps to 26.43% in 2024, then jumped by 166 bps to 17.52% in 2025, then plunged by 263 bps to 28.62% in 2026.
  • Business Quant data shows STEM's FCF Margin at 28.62% in Q1 2026, 17.52% in Q4 2025, and 41.65% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn -384.97%
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 172.12%
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn 27.03%
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn 61.36%
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn -7.07%
7 XPLR Infrastructure 1.08 Bn 584.55 Mn - 108.82%
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn 27.36%
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn -278.14%
10 Stem 46.59 Mn 10.00 Mn 10.86 Mn -28.62%

Historic Data

Download Data
DateValue
Mar 31, 2026 -28.62%
Dec 31, 2025 17.52%
Sep 30, 2025 41.65%
Jun 30, 2025 -67.38%
Mar 31, 2025 26.23%
Dec 31, 2024 -26.43%
Sep 30, 2024 -32.38%
Jun 30, 2024 -34.74%
Mar 31, 2024 -3.42%
Dec 31, 2023 -1.93%
Sep 30, 2023 -1.32%
Jun 30, 2023 -179.06%
Mar 31, 2023 -55.55%
Dec 31, 2022 -25.43%
Sep 30, 2022 -36.66%
Jun 30, 2022 -9.90%
Mar 31, 2022 -63.29%
Dec 31, 2021 -60.71%
Sep 30, 2021 -83.00%
Jun 30, 2021 -202.04%