Stem (STEM) Research & Development (2020 - 2026)

Stem's Research & Development history runs 7 years deep, the most recent figure standing at $6.6 million for Q1 2026.

• In Q1 2026, Research & Development fell 41.96% year-over-year to $6.6 million; the TTM figure through Mar 2026 stood at $37.8 million (up 23.54% YoY), while the FY2025 annual figure was $35.3 million, down 6.53% from the prior year.
• Research & Development for Q1 2026 stood at $6.6 million, down from $14.3 million in the prior quarter.
• The five-year high for Research & Development was $18.8 million in Q4 2023, with the low at -$2.7 million in Q4 2024.
• The 5-year median for Research & Development is $11.1 million (2024), against an average of $10.7 million.
• The sharpest annual moves came in 2024 and 2025: Research & Development slumped 114.58% in 2024, then soared 620.19% in 2025.
• Stem's Research & Development stood at $9.9 million in 2022, then surged by 90.63% to $18.8 million in 2023, then tumbled by 114.58% to -$2.7 million in 2024, then jumped by 620.19% to $14.3 million in 2025, then sank by 53.94% to $6.6 million in 2026.
• Business Quant data shows STEM's Research & Development at $6.6 million in Q1 2026, $14.3 million in Q4 2025, and $7.0 million in Q3 2025.