Develops software for solar and energy storage assets.
Jun 2026Revenue $148M/yrExpenses $191M/yr
No trend
Figures by year
When will Stem be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jun 2026, revenue was $148M and expenses $191M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $156M | $212M | −$55.7M |
| Dec 2024 | $145M | $984M | −$839M |
| Dec 2023 | $462M | $641M | −$179M |
| Dec 2022 | $363M | $494M | −$131M |
| Dec 2021 | $127M | $210M | −$83.1M |
| Dec 2020 | $36.3M | $85.7M | −$49.4M |
| Dec 2019 | $17.6M | $65.4M | −$47.9M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.