Stem (STEM) Revenue (2020 - 2026)

Stem (STEM) posted quarterly Revenue of $29.0 million for Q1 2026, down 10.8% year-over-year from $32.5 million in Q1 2025, and down 38.49% quarter-over-quarter from $47.1 million in Q4 2025.

Stem (STEM) Revenue (2020 - 2026) Analysis & Trends

Stem's Revenue history runs 7 years deep, the most recent figure standing at $29.0 million for Q1 2026.

  • In Q1 2026, Revenue fell 10.8% year-over-year to $29.0 million; the TTM figure through Mar 2026 stood at $152.8 million (up 0.74% YoY), while the FY2025 annual figure was $156.3 million, up 8.08% from the prior year.
  • Revenue for Q1 2026 stood at $29.0 million, down from $47.1 million in the prior quarter.
  • The five-year high for Revenue was $167.4 million in Q4 2023, with the low at $25.5 million in Q1 2024.
  • The 5-year median for Revenue is $47.1 million (2025), against an average of $67.9 million.
  • The sharpest annual moves came in 2022 and 2024: Revenue soared 246.21% in 2022, then plunged 78.1% in 2024.
  • Stem's Revenue stood at $155.4 million in 2022, then rose by 7.71% to $167.4 million in 2023, then slumped by 66.66% to $55.8 million in 2024, then fell by 15.55% to $47.1 million in 2025, then tumbled by 38.49% to $29.0 million in 2026.
  • Business Quant data shows STEM's Revenue at $29.0 million in Q1 2026, $47.1 million in Q4 2025, and $38.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn 165.99 Mn
2 Ormat Technologies 6.97 Bn 6.31 Bn 68.70 Mn 258.76 Mn
3 Brookfield Renewable Partners 4.63 Bn 2.13 Bn 623.00 Mn 1.08 Bn
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn 481.00 Mn
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn 339.00 Mn
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn 649.85 Mn
7 XPLR Infrastructure 1.08 Bn 584.55 Mn - 363.00 Mn
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn 2.42 Bn
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn 21.88 Mn
10 Stem 46.59 Mn 10.00 Mn 10.86 Mn 29.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 29.00 Mn
Dec 31, 2025 47.14 Mn
Sep 30, 2025 38.24 Mn
Jun 30, 2025 38.37 Mn
Mar 31, 2025 32.51 Mn
Dec 31, 2024 55.83 Mn
Sep 30, 2024 29.29 Mn
Jun 30, 2024 34.00 Mn
Mar 31, 2024 25.47 Mn
Dec 31, 2023 167.42 Mn
Sep 30, 2023 133.74 Mn
Jun 30, 2023 92.95 Mn
Mar 31, 2023 67.41 Mn
Dec 31, 2022 155.44 Mn
Sep 30, 2022 99.50 Mn
Jun 30, 2022 66.95 Mn
Mar 31, 2022 41.09 Mn
Dec 31, 2021 52.78 Mn
Sep 30, 2021 39.83 Mn
Jun 30, 2021 19.34 Mn