Stem (STEM) Invested Capital (2019 - 2026)

Stem's Invested Capital history runs 8 years deep, the most recent figure standing at -$253.1 million for Q1 2026.

• In Q1 2026, Invested Capital rose 36.66% year-over-year to -$253.1 million; the TTM figure through Mar 2026 stood at -$253.1 million (up 36.66% YoY), while the FY2025 annual figure was -$235.3 million, up 38.3% from the prior year.
• Invested Capital was -$253.1 million for Q1 2026 at Stem, down from -$235.3 million in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $644.3 million in Q1 2022 to a low of -$399.5 million in Q1 2025.
• Historically, Invested Capital has averaged $152.4 million across 5 years, with a median of $387.4 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Invested Capital soared 353.02% in 2022, then tumbled 203.11% in 2025.
• A 5-year view of Invested Capital shows it stood at $567.9 million in 2022, then fell by 22.25% to $441.5 million in 2023, then sank by 186.36% to -$381.3 million in 2024, then jumped by 38.3% to -$235.3 million in 2025, then dropped by 7.57% to -$253.1 million in 2026.
• The last three Invested Capital figures came in at -$253.1 million (Q1 2026), -$235.3 million (Q4 2025), and -$220.9 million (Q3 2025), per Business Quant data.