Stem (STEM) Operating Leases (2020 - 2026)

Stem (STEM) posted quarterly Operating Leases of $11.0 million for Q1 2026, down 12.19% year-over-year from $12.5 million in Q1 2025, and up 11.56% quarter-over-quarter from $9.9 million in Q4 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 26.06% from the prior year.
  • Operating Leases for Q1 2026 stood at $11.0 million, up from $9.9 million in the prior quarter.
  • The five-year high for Operating Leases was $13.4 million in Q4 2023, with the low at $800000.0 in Q3 2025.
  • The 5-year median for Operating Leases is $11.3 million (2022), against an average of $9.9 million.
  • The sharpest annual moves came in 2022 and 2024: Operating Leases soared 1254.66% in 2022, then plunged 84.75% in 2024.
  • Stem's Operating Leases stood at $11.0 million in 2022, then increased by 22.29% to $13.4 million in 2023, then decreased by 0.51% to $13.3 million in 2024, then dropped by 26.06% to $9.9 million in 2025, then gained by 11.56% to $11.0 million in 2026.
  • Business Quant data shows STEM's Operating Leases at $11.0 million in Q1 2026, $9.9 million in Q4 2025, and $800000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn
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
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn
7 XPLR Infrastructure 1.08 Bn 584.55 Mn -
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn
10 Stem 46.59 Mn 10.00 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 13.34 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 12.18 Mn
Sep 30, 2021 12.68 Mn
Jun 30, 2021 880,000.00