Stem (STEM) Tax Rate (2020 - 2026)
Stem (STEM) posted quarterly Tax Rate of 0.6% for Q1 2026, down 36.0% year-over-year from 0.93% in Q1 2025, and up 34.53% quarter-over-quarter from 0.91% in Q4 2025.
Stem (STEM) Tax Rate (2020 - 2026) Analysis & Trends
Stem's Tax Rate history runs 6 years deep, the most recent figure standing at 0.6% for Q1 2026.
- In Q1 2026, Tax Rate fell 36.0% year-over-year to 0.6%; the TTM figure through Mar 2026 stood at 0.43% (up 45.0% YoY), while the FY2025 annual figure was 0.39%, up 43.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.6%, up from 0.91% in the prior quarter.
- The five-year high for Tax Rate was 40.36% in Q1 2022, with the low at 0.91% in Q4 2025.
- The 5-year median for Tax Rate is 0.01% (2024), against an average of 2.45%.
- Peak annual rise in Tax Rate reached 253 bps in 2023, while the deepest fall reached 4013 bps in 2023.
- Stem's Tax Rate stood at 0.11% in 2022, then plunged by 90 bps to 0.21% in 2023, then surged by 111 bps to 0.02% in 2024, then slumped by 3976 bps to 0.91% in 2025, then jumped by 35 bps to 0.6% in 2026.
- Business Quant data shows STEM's Tax Rate at 0.6% in Q1 2026, 0.91% in Q4 2025, and 0.59% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.89 Bn | 10.73 Bn | 117.49 Mn | 24.69% |
| 2 | Ormat Technologies | 6.93 Bn | 6.27 Bn | 68.70 Mn | -56.33% |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | -7.00% |
| 4 | Clearway Energy | 3.77 Bn | 3.43 Bn | 332.00 Mn | -11.11% |
| 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 | -1.84% |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.92 Mn | - | -550.00% |
| 8 | Energy Vault Holdings | 678.26 Mn | 609.51 Mn | 4.79 Mn | 0.00% |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | -18.29% |
| 10 | Stem | 47.74 Mn | 11.15 Mn | 10.86 Mn | -0.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.60% |
| Mar 31, 2026 | -0.60% |
| Mar 31, 2026 | -0.60% |
| Dec 31, 2025 | -0.91% |
| Dec 31, 2025 | -0.91% |
| Dec 31, 2025 | -0.91% |
| Sep 30, 2025 | 0.59% |
| Sep 30, 2025 | 0.59% |
| Sep 30, 2025 | 0.59% |
| Jun 30, 2025 | 0.25% |
| Jun 30, 2025 | 0.25% |
| Jun 30, 2025 | 0.25% |
| Mar 31, 2025 | -0.23% |
| Mar 31, 2025 | -0.23% |
| Mar 31, 2025 | -0.23% |
| Dec 31, 2024 | 0.02% |
| Dec 31, 2024 | 0.02% |
| Dec 31, 2024 | 0.02% |
| Sep 30, 2024 | -0.07% |
| Sep 30, 2024 | -0.07% |