Stem Q4 revenue down 15% on reduced battery hardware sales

Reuters

Mar 05

Stem Q4 revenue down 15% on reduced battery hardware sales

Overview

Clean energy software firm's Q4 revenue fell 15% yr/yr due to reduced battery hardware sales
Software, services, and edge hardware revenue rose 62% yr/yr in Q4 2025
Company achieved first-ever full year positive adjusted EBITDA of $6.7 mln

Outlook

Stem targets 85% growth in adjusted EBITDA for 2026
Company expects 2026 revenue between $140 mln and $190 mln
Stem forecasts 10% ARR growth in 2026

Result Drivers

COST MANAGEMENT - Reduced operating expenses and improved profitability from cost management initiatives

Company press release: ID:nBw6fJrqta

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Revenue	Beat	$47.20 mln	$38.60 mln (2 Analysts)
Q4 Net Income		-$16 mln
Q4 Adjusted EBITDA		$5.50 mln
Q4 Gross Margin		49.00%
Q4 Adjusted Gross Margin		45.00%
Q4 Order Backlog		$21.30 mln

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the renewable energy equipment & services peer group is "buy."
Wall Street's median 12-month price target for Stem Inc is $18.00, about 89.5% above its March 3 closing price of $9.50

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2617644561"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2617644561\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2617644561?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-05 05:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2617644561","market":"us","top_or_hot":-1,"title":"Stem Q4 revenue down 15% on reduced battery hardware sales","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Stem Q4 revenue down 15% on reduced battery hardware sales</title></head><body><p><span>Overview</span></p><ul><li><p>Clean energy software firm's Q4 revenue fell 15% yr/yr due to reduced battery hardware sales</p></li><li><p>Software, services, and edge hardware revenue rose 62% yr/yr in Q4 2025</p></li><li><p>Company achieved first-ever full year positive adjusted EBITDA of $6.7 mln</p></li></ul><p><span>Outlook</span></p><ul><li><p>Stem targets 85% growth in adjusted EBITDA for 2026</p></li><li><p>Company expects 2026 revenue between $140 mln and $190 mln</p></li><li><p>Stem forecasts 10% ARR growth in 2026</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>COST MANAGEMENT - Reduced operating expenses and improved profitability from cost management initiatives</p></li></ul><p>Company press release: <span>ID:nBw6fJrqta</span></p><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 Revenue</p></td><td><p>Beat</p></td><td><p>$47.20 mln</p></td><td><p>$38.60 mln (2 Analysts)</p></td></tr><tr><td><p>Q4 Net Income</p></td><td></td><td><p>-$16 mln</p></td><td></td></tr><tr><td><p>Q4 Adjusted EBITDA</p></td><td></td><td><p>$5.50 mln</p></td><td></td></tr><tr><td><p>Q4 Gross Margin</p></td><td></td><td><p>49.00%</p></td><td></td></tr><tr><td><p>Q4 Adjusted Gross Margin</p></td><td></td><td><p>45.00%</p></td><td></td></tr><tr><td><p>Q4 Order Backlog</p></td><td></td><td><p>$21.30 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is no \"strong buy\" or \"buy\", 7 \"hold\" and no \"sell\" or \"strong sell\"</p></li><li><p>The average consensus recommendation for the renewable energy equipment &amp; services peer group is \"buy.\"</p></li><li><p>Wall Street's median 12-month price target for Stem Inc is $18.00, about 89.5% above its March 3 closing price of $9.50</p></li></ul><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stem Q4 revenue down 15% on reduced battery hardware sales</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStem Q4 revenue down 15% on reduced battery hardware sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-03-05 05:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Stem Q4 revenue down 15% on reduced battery hardware sales</title></head><body><p><span>Overview</span></p><ul><li><p>Clean energy software firm's Q4 revenue fell 15% yr/yr due to reduced battery hardware sales</p></li><li><p>Software, services, and edge hardware revenue rose 62% yr/yr in Q4 2025</p></li><li><p>Company achieved first-ever full year positive adjusted EBITDA of $6.7 mln</p></li></ul><p><span>Outlook</span></p><ul><li><p>Stem targets 85% growth in adjusted EBITDA for 2026</p></li><li><p>Company expects 2026 revenue between $140 mln and $190 mln</p></li><li><p>Stem forecasts 10% ARR growth in 2026</p></li></ul><p><span>Result Drivers</span></p><ul><li><p>COST MANAGEMENT - Reduced operating expenses and improved profitability from cost management initiatives</p></li></ul><p>Company press release: <span>ID:nBw6fJrqta</span></p><p><span>Key Details</span></p><table><tbody><tr><td><p><span>Metric</span></p></td><td><p><span>Beat/Miss</span></p></td><td><p><span>Actual</span></p></td><td><p><span>Consensus Estimate</span></p></td></tr><tr><td><p>Q4 Revenue</p></td><td><p>Beat</p></td><td><p>$47.20 mln</p></td><td><p>$38.60 mln (2 Analysts)</p></td></tr><tr><td><p>Q4 Net Income</p></td><td></td><td><p>-$16 mln</p></td><td></td></tr><tr><td><p>Q4 Adjusted EBITDA</p></td><td></td><td><p>$5.50 mln</p></td><td></td></tr><tr><td><p>Q4 Gross Margin</p></td><td></td><td><p>49.00%</p></td><td></td></tr><tr><td><p>Q4 Adjusted Gross Margin</p></td><td></td><td><p>45.00%</p></td><td></td></tr><tr><td><p>Q4 Order Backlog</p></td><td></td><td><p>$21.30 mln</p></td><td></td></tr></tbody></table><p><span>Analyst Coverage</span></p><ul><li><p>The current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is no \"strong buy\" or \"buy\", 7 \"hold\" and no \"sell\" or \"strong sell\"</p></li><li><p>The average consensus recommendation for the renewable energy equipment &amp; services peer group is \"buy.\"</p></li><li><p>Wall Street's median 12-month price target for Stem Inc is $18.00, about 89.5% above its March 3 closing price of $9.50</p></li></ul><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1169590202.USD","symbol_name":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260304:nL1N3ZS1BX:1","article_id":"2617644561","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2617644561","pubTimestamp":1772660080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Stem Q4 revenue down 15% on reduced battery hardware salesOverviewClean energy software firm's Q4 revenue fell 15% yr/yr due to reduced battery hardware salesSoftware, services, and edge hardware reve","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","STEM":"Stem Inc.","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","BK4535":"淡马锡持仓","BK4096":"电气部件与设备"},"translate_title":"由于电池硬件销量减少，Stem第四季度收入下降15%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STEM":0.9},"content_text":"Stem Q4 revenue down 15% on reduced battery hardware salesOverviewClean energy software firm's Q4 revenue fell 15% yr/yr due to reduced battery hardware salesSoftware, services, and edge hardware revenue rose 62% yr/yr in Q4 2025Company achieved first-ever full year positive adjusted EBITDA of $6.7 mlnOutlookStem targets 85% growth in adjusted EBITDA for 2026Company expects 2026 revenue between $140 mln and $190 mlnStem forecasts 10% ARR growth in 2026Result DriversCOST MANAGEMENT - Reduced operating expenses and improved profitability from cost management initiativesCompany press release: ID:nBw6fJrqtaKey DetailsMetricBeat/MissActualConsensus EstimateQ4 RevenueBeat$47.20 mln$38.60 mln (2 Analysts)Q4 Net Income-$16 mlnQ4 Adjusted EBITDA$5.50 mlnQ4 Gross Margin49.00%Q4 Adjusted Gross Margin45.00%Q4 Order Backlog$21.30 mlnAnalyst CoverageThe current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is no \"strong buy\" or \"buy\", 7 \"hold\" and no \"sell\" or \"strong sell\"The average consensus recommendation for the renewable energy equipment & services peer group is \"buy.\"Wall Street's median 12-month price target for Stem Inc is $18.00, about 89.5% above its March 3 closing price of $9.50For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}