Stem (STEM) Operating Leases (2020 - 2026)

Stem (STEM) recorded quarterly Operating Leases of $11.0 million in Q1 2026, up 11.56% quarter-over-quarter from $9.9 million in Q4 2025, and down 12.19% on a YoY basis from $12.5 million in Q1 2025.

Stem (STEM) Operating Leases (2020 - 2026) Analysis & Trends

Stem's Operating Leases history runs 7 years deep, the most recent figure standing at $11.0 million for Q1 2026.

  • In Q1 2026, Operating Leases fell 12.19% year-over-year to $11.0 million; the TTM figure through Mar 2026 stood at $11.0 million (down 12.19% YoY), while the FY2025 annual figure was $9.9 million, down 38.73% from the prior year.
  • Operating Leases was $11.0 million for Q1 2026 at Stem, up from $9.9 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $16.1 million in Q4 2024 to a low of $800000.0 in Q3 2025.
  • Historically, Operating Leases has averaged $10.1 million across 5 years, with a median of $11.3 million in 2022.
  • The sharpest annual moves came in 2022 and 2024: Operating Leases jumped 1254.66% in 2022, then sank 84.75% in 2024.
  • A 5-year view of Operating Leases shows it stood at $11.0 million in 2022, then rose by 22.29% to $13.4 million in 2023, then gained by 20.06% to $16.1 million in 2024, then plunged by 38.73% to $9.9 million in 2025, then advanced by 11.56% to $11.0 million in 2026.
  • The last three Operating Leases figures came in at $11.0 million (Q1 2026), $9.9 million (Q4 2025), and $800000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 AXIA Energia 186.46 Bn 183.75 Bn 1.44 Bn
2 Enlight Renewable Energy 11.26 Bn 10.73 Bn 85.64 Mn
3 Ormat Technologies 8.50 Bn 8.35 Bn 78.83 Mn
4 Fluence Energy 3.04 Bn 2.71 Bn 46.63 Mn
5 Clearway Energy 1.39 Bn 4.74 Bn 220.00 Mn
6 XPLR Infrastructure 1.09 Bn 8.62 Bn 141.00 Mn
7 Energy Vault Holdings 940.11 Mn 894.68 Mn 4.79 Mn
8 Ellomay Capital 694.29 Mn 616.52 Mn 1,508.00
9 ReNew Energy Global 317.68 Mn 100.91 Mn 275.78 Mn
10 Stem 65.58 Mn 29.38 Mn 10.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.00 Mn
Dec 31, 2025 9.86 Mn
Sep 30, 2025 800,000.00
Jun 30, 2025 11.64 Mn
Mar 31, 2025 12.53 Mn
Dec 31, 2024 16.09 Mn
Sep 30, 2024 1.70 Mn
Jun 30, 2024 2.50 Mn
Mar 31, 2024 9.89 Mn
Dec 31, 2023 13.41 Mn
Sep 30, 2023 11.15 Mn
Jun 30, 2023 11.87 Mn
Mar 31, 2023 12.63 Mn
Dec 31, 2022 10.96 Mn
Sep 30, 2022 11.31 Mn
Jun 30, 2022 11.92 Mn
Mar 31, 2022 12.53 Mn
Dec 31, 2021 13.42 Mn
Sep 30, 2021 12.68 Mn
Jun 30, 2021 880,000.00