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Stem (STEM) Operating Expenses (2019 - 2025)

Stem (STEM) has 6 years of Operating Expenses data on record, last reported at $31.4 million in Q4 2025.

  • For Q4 2025, Operating Expenses fell 29.8% year-over-year to $31.4 million; the TTM value through Dec 2025 reached $115.6 million, down 86.04%, while the annual FY2025 figure was $115.6 million, 86.04% down from the prior year.
  • Operating Expenses reached $31.4 million in Q4 2025 per STEM's latest filing, up from $26.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $589.2 million in Q2 2024 and bottomed at $9.8 million in Q1 2021.
  • Average Operating Expenses over 5 years is $68.8 million, with a median of $40.2 million recorded in 2022.
  • Peak YoY movement for Operating Expenses: skyrocketed 1160.64% in 2024, then crashed 95.56% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $28.5 million in 2021, then skyrocketed by 62.19% to $46.3 million in 2022, then dropped by 3.6% to $44.6 million in 2023, then increased by 0.21% to $44.7 million in 2024, then dropped by 29.8% to $31.4 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $31.4 million in Q4 2025, $26.4 million in Q3 2025, and $26.1 million in Q2 2025.