Growth Metrics

Stem (STEM) Research & Development (2020 - 2025)

Stem has reported Research & Development over the past 6 years, most recently at $7.1 million for Q4 2025.

  • Quarterly results put Research & Development at $7.1 million for Q4 2025, down 34.52% from a year ago — trailing twelve months through Dec 2025 was $35.3 million (down 31.17% YoY), and the annual figure for FY2025 was $35.3 million, down 31.17%.
  • Research & Development for Q4 2025 was $7.1 million at Stem, up from $6.9 million in the prior quarter.
  • Over the last five years, Research & Development for STEM hit a ceiling of $15.3 million in Q2 2024 and a floor of $4.4 million in Q1 2021.
  • Median Research & Development over the past 5 years was $10.3 million (2022), compared with a mean of $10.2 million.
  • Biggest five-year swings in Research & Development: skyrocketed 102.93% in 2022 and later crashed 37.62% in 2025.
  • Stem's Research & Development stood at $7.2 million in 2021, then skyrocketed by 36.7% to $9.9 million in 2022, then soared by 46.77% to $14.5 million in 2023, then dropped by 25.6% to $10.8 million in 2024, then crashed by 34.52% to $7.1 million in 2025.
  • The last three reported values for Research & Development were $7.1 million (Q4 2025), $6.9 million (Q3 2025), and $10.0 million (Q2 2025) per Business Quant data.