Company profile
Stem, Inc.
NYSE: STEM · Utilities · Renewable Utilities
#85 of 135 Utilities companies by revenue50th-percentile growth
EA Score
37DFH 48DQ 31GM 23SS 28
v0.1 · 65/100 weight · provisional
↑ return on assets, net margin · ↓ 3-yr revenue growth, operating margin
Methodology →Revenue TTM
$152.8M
Rev growth YoY (TTM)
+0.7%
Net income (FY)
$137.8M
Employees
423
as of 2026-08-19
Market cap
$52.3M
as of 2026-08-19
Financials — latest annual
SEC EDGAR · USD-normalizedConceptUSDNativeFY
Revenue$156.3M$156.3M2025
Net income$137.8M$137.8M2025
Operating income-$55.7M-$55.7M2025
Total assets$308.9M$308.9M2025
Liabilities$557.9M$557.9M2025
Equity-$249.4M-$249.4M2025
Revenue trend
FY2021 – FY2025 · USD
FY21
FY21
FY21
FY22
FY23
FY24
FY25
Revenue by segment
Filed disclosures · FY2025
By product
Service56%
Hardware44%
By geography
UNITED STATES95%
Non-US5%
The read
What is Stem, Inc.’s revenue?
Stem, Inc. booked $156.3M in FY2025 revenue, growing 8.1% year over year — about the middle of the pack among Utilities companies we track, at a 88.2% net margin.
Peers · Utilities
Montauk Renewables, Inc.35DEmera Maine PFD 7%——Summer Energy Holdings, Inc.——American States Water Company77B+Artesian Resources Corporation56CRGC Resources, Inc.55CNeighbors
San Francisco →Key facts
CEOArun Narayanan
SectorUtilities
IndustryRenewable Utilities
HeadquartersSan Francisco, CA
ExchangeNYSE: STEM
Employees423
IPO date2020-10-08
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.