Growth Metrics

Stem (STEM) Net Margin (2020 - 2025)

Stem has reported Net Margin over the past 6 years, most recently at 33.89% for Q4 2025.

  • Quarterly results put Net Margin at 33.89% for Q4 2025, up 5771.0% from a year ago — trailing twelve months through Dec 2025 was 51.18% (up 53953.0% YoY), and the annual figure for FY2025 was 49.9%, up 54077.0%.
  • Net Margin for Q4 2025 was 33.89% at Stem, up from 62.22% in the prior quarter.
  • Over the last five years, Net Margin for STEM hit a ceiling of 290.24% in Q3 2021 and a floor of 1712.61% in Q2 2024.
  • Median Net Margin over the past 5 years was 59.92% (2025), compared with a mean of 199.22%.
  • Biggest five-year swings in Net Margin: plummeted -166956bps in 2024 and later soared 167310bps in 2025.
  • Stem's Net Margin stood at 64.52% in 2021, then surged by 65bps to 22.69% in 2022, then grew by 1bps to 22.48% in 2023, then plummeted by -307bps to 91.6% in 2024, then surged by 63bps to 33.89% in 2025.
  • The last three reported values for Net Margin were 33.89% (Q4 2025), 62.22% (Q3 2025), and 39.51% (Q2 2025) per Business Quant data.