Stem reported revenue of $33.65M and net income of -$14.38M for the quarter ended Jun 2026, down 12.3% year over year. This income statement covers 26 quarters of results from Dec 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2019 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||
| Revenue | 39.83M | 52.78M | 41.09M | 66.95M | 99.50M | 155.44M | 67.41M | 92.95M | 133.74M | 167.42M | 25.47M | 34.00M | 29.29M | 55.83M | 32.51M | 38.37M | 38.24M | 47.14M | 29.00M | 33.65M | ||||||
| Cost of RevenueCost of Rev | 36.70M | 1.80M | 37.44M | 59.16M | 90.37M | 142.91M | 66.41M | 81.08M | 154.03M | 156.33M | 49.66M | 24.62M | 23.09M | 58.26M | 21.97M | 25.57M | 24.66M | 24.11M | 18.14M | 19.77M | ||||||
| Gross Profit | 3.14M | -1.65M | 3.64M | 7.79M | 9.13M | 12.53M | 0.99M | 11.87M | -20.29M | 11.09M | -24.19M | 9.38M | 6.20M | -2.44M | 10.54M | 12.80M | 13.58M | 23.04M | 10.86M | 13.89M | ||||||
| Operating items | ||||||||||||||||||||||||||
| Research & DevelopmentR&D | 6.27M | 2.40M | 9.14M | 12.96M | 13.19M | 13.60M | 13.44M | 14.16M | 14.42M | 14.49M | 14.14M | 15.28M | 11.09M | 10.78M | 11.33M | 9.99M | 6.98M | 7.06M | 6.58M | 7.44M | ||||||
| Selling, General & AdministrativeSG&A | 11.02M | 12.92M | 20.51M | 15.69M | 18.01M | 22.81M | 17.80M | 18.90M | 21.95M | 16.26M | 18.56M | 15.85M | 27.21M | 26.45M | 13.57M | 8.90M | 12.54M | 16.63M | 8.67M | 8.21M | ||||||
| Other Operating ExpensesOther Opex | 4.97M | 13.22M | 8.94M | 8.96M | 10.53M | 9.87M | 12.41M | 13.68M | 11.61M | 13.87M | 11.13M | 558.10M | 112.35M | 7.47M | 6.79M | 7.25M | 6.92M | 7.70M | 9.83M | 5.91M | ||||||
| Operating ExpensesOpex | 22.27M | 28.53M | 38.60M | 37.61M | 41.73M | 46.28M | 43.65M | 46.74M | 47.98M | 44.61M | 43.82M | 589.22M | 150.65M | 44.70M | 31.69M | 26.14M | 26.43M | 31.38M | 25.07M | 21.56M | ||||||
| Operating IncomeOp. Inc | -19.13M | -30.18M | -34.95M | -29.82M | -32.60M | -33.75M | -42.65M | -34.87M | -68.27M | -33.52M | -68.01M | -579.85M | -144.45M | -47.14M | -21.15M | -13.34M | -12.85M | -8.35M | -14.21M | -7.67M | ||||||
| EBIT | -19.13M | -30.18M | -34.95M | -29.82M | -32.60M | -33.75M | -42.65M | -34.87M | -68.27M | -33.52M | -68.01M | -579.85M | -144.45M | -47.14M | -21.15M | -13.34M | -12.85M | -8.35M | -14.21M | -7.67M | ||||||
| Non-operating items | ||||||||||||||||||||||||||
| Non Operating Interest Expenses | 2.67M | 4.56M | 3.22M | 2.69M | 2.52M | 2.04M | 1.78M | 3.90M | 4.41M | 4.89M | 4.71M | 4.63M | 4.51M | 4.44M | 4.29M | 4.07M | 7.27M | 8.30M | 7.36M | 7.51M | ||||||
| Interest & Investment IncomeInt & Inv Inc | ||||||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.41M | 0.47M | 0.48M | 0.86M | 0.55M | -0.44M | 59.40M | -5.16M | 0.57M | 1.48M | 0.79M | 0.44M | 0.50M | 220.05M | 0.38M | -0.05M | 0.35M | 0.31M | ||||||||
| Non Operating IncomeNon Op. Inc. | 134.74M | -3.87M | -2.74M | -2.21M | -1.66M | -1.49M | -2.22M | 54.48M | -8.85M | -4.08M | -4.14M | -2.36M | -3.72M | -4.01M | -3.79M | 216.35M | -11.08M | -7.49M | -4.60M | -6.70M | ||||||
| Net income details | ||||||||||||||||||||||||||
| EBT | 115.61M | -34.05M | -37.70M | -32.03M | -34.26M | -35.23M | -44.87M | 19.61M | -77.12M | -37.61M | -72.15M | -582.21M | -148.17M | -51.15M | -24.94M | 203.01M | -23.93M | -15.84M | -18.81M | -14.37M | ||||||
| Tax ProvisionsTaxes | -15.21M | -0.01M | 0.02M | 0.04M | -0.10M | 0.50M | -0.05M | 0.03M | 0.20M | 0.10M | 0.13M | -0.01M | 0.10M | 0.50M | -0.14M | 0.14M | 0.11M | 0.01M | ||||||||
| Profit After TaxPAT | 115.61M | -4.20M | -22.48M | -32.02M | -34.28M | -35.27M | -44.78M | 19.12M | -77.07M | -37.69M | -72.31M | -582.27M | -148.30M | -51.14M | -25.00M | 202.53M | -23.79M | -15.94M | -18.93M | -14.38M | ||||||
| Income from Non-Controlling InterestsInc. Minority | -0.00M | 0.00M | ||||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | 115.61M | -34.05M | -22.48M | -32.02M | -34.27M | -35.27M | -44.77M | 19.11M | -77.07M | -37.64M | -72.35M | -582.31M | -148.30M | -51.14M | -25.04M | 202.51M | -23.79M | -15.97M | -18.93M | -14.38M | ||||||
| Consolidated Net IncomeConsol Net Inc. | 115.61M | -34.05M | -22.48M | -32.02M | -34.27M | -35.27M | -44.77M | 19.11M | -77.07M | -37.64M | -72.35M | -582.31M | -148.30M | -51.14M | -25.04M | 202.51M | -23.79M | -15.97M | -18.93M | -14.38M | ||||||
| Income towards Parent CompanyParent Net Inc | 115.61M | -34.05M | -22.48M | -32.02M | -34.27M | -35.27M | -44.77M | 19.11M | -77.07M | -37.64M | -72.35M | -582.31M | -148.30M | -51.14M | -25.04M | 202.51M | -23.79M | -15.97M | -18.93M | -14.38M | ||||||
| Net Income towards Common StockholdersNet Income | 115.61M | -34.05M | -22.48M | -32.02M | -34.27M | -35.27M | -44.77M | 19.12M | -77.07M | -37.64M | -72.35M | -582.27M | -148.30M | -51.14M | -25.04M | 202.53M | -23.79M | -15.98M | -18.93M | -14.38M | ||||||
| Additional items | ||||||||||||||||||||||||||
| EPS (Basic) | 17.10 | -6.45 | -2.99 | -4.15 | -4.44 | -4.60 | -5.78 | 2.46 | -9.89 | -4.84 | -9.15 | -71.81 | -18.24 | -6.34 | -3.06 | 24.31 | -2.84 | -1.92 | -2.22 | -1.58 | ||||||
| EPS (Diluted) | 16.48 | -6.45 | -2.99 | -4.15 | -4.44 | -4.60 | -5.78 | 2.45 | -9.89 | -4.84 | -9.15 | -71.81 | -18.24 | -6.34 | -3.06 | 23.88 | -2.84 | -1.88 | -2.22 | -1.58 | ||||||
| Shares Outstanding | 6.76M | 5.28M | 7.52M | 7.71M | 7.72M | 7.67M | 7.75M | 7.78M | 7.79M | 7.78M | 7.91M | 8.11M | 8.13M | 8.07M | 8.19M | 8.33M | 8.38M | 8.34M | 8.52M | 9.11M | ||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 7.01M | 5.28M | 7.52M | 7.71M | 7.72M | 7.67M | 7.75M | 7.79M | 7.79M | 7.78M | 7.91M | 8.11M | 8.13M | 8.07M | 8.19M | 8.48M | 8.38M | 8.49M | 8.52M | 9.11M | ||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 7.21M | 5.28M | 7.69M | 7.71M | 7.72M | 7.73M | 7.78M | 7.79M | 7.79M | 7.80M | 8.08M | 8.13M | 8.14M | 8.14M | 8.32M | 8.36M | 8.39M | 8.49M | 8.57M | 9.61M | ||||||
| EBITDA | -19.13M | -30.18M | -34.95M | -29.82M | -32.60M | -33.75M | -42.65M | -34.87M | -68.27M | -33.52M | -68.01M | -579.85M | -144.45M | -47.14M | -21.15M | -13.34M | -12.85M | -8.35M | -14.21M | -7.67M | ||||||
| Interest ExpensesInt Expense | 2.67M | 4.56M | 3.22M | 2.69M | 2.52M | 2.04M | 1.78M | 3.90M | 4.41M | 4.89M | 4.71M | 4.63M | 4.51M | 4.44M | 4.29M | 4.07M | 7.27M | 8.30M | 7.36M | 7.51M | ||||||
| Tax Rate | 40.36% | 0.02% | -0.06% | -0.11% | 0.22% | 2.55% | 0.06% | -0.09% | -0.28% | -0.02% | -0.09% | 0.02% | -0.40% | 0.25% | 0.59% | -0.86% | -0.60% | -0.09% |