Stem (STEM) Tax Rate (2020 - 2026)

Stem's Tax Rate history runs 6 years deep, the most recent figure standing at 0.53% for Q1 2026.

• In Q1 2026, Tax Rate fell 30.0% year-over-year to 0.53%; the TTM figure through Mar 2026 stood at 0.45% (up 48.0% YoY), while the FY2025 annual figure was 0.39%, up 43.0% from the prior year.
• Tax Rate was 0.53% for Q1 2026 at Stem, up from 0.91% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 40.32% in Q1 2022 to a low of 0.91% in Q4 2025.
• Historically, Tax Rate has averaged 2.44% across 5 years, with a median of 0.06% in 2022.
• Biggest YoY gain for Tax Rate was 253 bps in 2023; the steepest drop was 4010 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 0.11% in 2022, then sank by 90 bps to 0.21% in 2023, then jumped by 70 bps to 0.06% in 2024, then plunged by 1354 bps to 0.91% in 2025, then jumped by 42 bps to 0.53% in 2026.
• The last three Tax Rate figures came in at 0.53% (Q1 2026), 0.91% (Q4 2025), and 0.42% (Q3 2025), per Business Quant data.