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.
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Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | -10.80% |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | -24.44% |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | -56.33% |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | 7.23% |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | -11.11% |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | 28.41% |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | -1.84% |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | -550.00% |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | -3.12% |
| 10 | Stem | 50.02 Mn | 11.60 Mn | 13.89 Mn | -0.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.09% |
| Mar 31, 2026 | -0.60% |
| Dec 31, 2025 | -0.86% |
| Sep 30, 2025 | 0.59% |
| Jun 30, 2025 | 0.25% |
| Mar 31, 2025 | -0.40% |
| Dec 31, 2024 | 0.02% |
| Sep 30, 2024 | -0.09% |
| Jun 30, 2024 | -0.02% |
| Mar 31, 2024 | -0.28% |
| Dec 31, 2023 | -0.09% |
| Sep 30, 2023 | 0.06% |
| Jun 30, 2023 | 2.55% |
| Mar 31, 2023 | 0.22% |
| Dec 31, 2022 | -0.11% |
| Sep 30, 2022 | -0.06% |
| Jun 30, 2022 | 0.02% |
| Mar 31, 2022 | 40.36% |
| Dec 31, 2020 | 0.14% |
| Sep 30, 2020 | -0.76% |