Income Statement
STEM, INC.
STEM
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Revenue
|
156.27 | 144.58 | 461.52 | 362.98 | 127.37 | - |
|
Cost of Revenue
|
96.31 | 155.64 | 457.85 | 329.89 | 126.12 | - |
|
Gross Profit
|
59.96 | -11.06 | 3.67 | 33.09 | 1.25 | - |
|
Operating Expenses
|
115.64 | 828.40 | 182.98 | 164.21 | 84.32 | 3.50 |
|
Research & Development
|
35.30 | 51.28 | 56.51 | 38.30 | 22.72 | - |
|
Selling, General & Administrative
|
51.63 | 88.07 | 74.92 | 77.03 | 41.65 | 3.30 |
|
Other Operating Expenses
|
- | - | - | - | - | - |
|
Operating Income
|
-55.69 | -839.46 | -179.31 | -131.12 | -83.07 | -3.50 |
|
Non-Operating Income
|
193.99 | -14.23 | 39.33 | -8.09 | -18.14 | - |
|
Interest Income
|
- | - | - | - | - | - |
|
Interest Expense
|
11.02 | 11.19 | 14.98 | 15.30 | 17.40 | - |
|
Other Non-Op Income / Expense
|
0.00 | 0.00 | 0.10 | 2.37 | 0.10 | - |
|
Income Before Tax
|
138.30 | -853.68 | -139.98 | -139.22 | -101.21 | - |
|
Income Tax Expense
|
145.10 | -853.68 | -141.38 | -15.16 | 0.00 | - |
|
Non-Controlling Interest
|
0.00 | 0.00 | 0.00 | - | - | - |
|
Net Income
|
-6.80 | 0.00 | 1.40 | -124.05 | -101.21 | -3.36 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY | Dec 31, 2023 2023 FY | Dec 31, 2022 2022 FY | Dec 31, 2021 2021 FY | Dec 31, 2020 2020 FY |
|---|---|---|---|---|---|---|
|
Depreciation & Amortization
|
- | - | - | - | - | - |
|
EBITDA
|
-10.74 | -794.47 | -133.04 | -85.69 | -58.60 | -3.50 |
|
Earnings Per Share (Basic)
|
16.52 | -5.29 | -0.90 | 0.10 | -0.96 | - |
|
Diluted EPS
|
-9.18 | -5.29 | -0.90 | 0.10 | -0.96 | - |
|
Weighted Average Shares
|
8.34 | 161.44 | 155.58 | 153.41 | 105.56 | - |
|
Diluted Weighted Avg Shares
|
8.49 | 161.44 | 155.58 | 153.41 | 105.56 | - |
|
Comprehensive Income
|
- | - | - | - | -101.00 | - |