What is Stem's fair value adjustment of warrants?

Stem (STEM) reported fair value adjustment of warrants of -$2.41M in Q1 2026.

What does fair value adjustment of warrants mean?

Captures the non-cash periodic adjustments to the carrying value of outstanding warrant liabilities based on changes in market conditions or stock price. As these instruments are revalued, the resulting gain or loss reflects the changing financial obligation of the company to warrant holders. This is critical for understanding non-operating volatility in the capital structure.

Stem STEM Fair Value Adjustment Of Warrants

Fair Value Adjustment Of Warrants at other companies

FTC SolarFTCI

-$48.74M-959%

Other financials

Income statement

See full

Revenue$29.0M-10.8%

Gross profit$10.9M+3.0%

Operating income-$14.2M+32.8%

Net income-$18.9M+24.3%

EPS (diluted)-$2.22+27.2%

Balance sheet

See full

Cash & equivalents$38.4M-36.4%

Total debt$11.0M-12.2%

Total equity-$266.3M+36.2%

Total assets$281.9M-30.4%

Cash flow

See full

Operating cash flow-$8.3M-197%

CapEx-—

Free cash flow-$8.3M-197%

Valuation

See full

Market cap$69.95M+26.0%

Enterprise value$42.58M+72.6%

P/E0.5×—

P/S0.5×+0.1×

Profitability

See full

Gross margin39.5%+23.8pp

Operating margin-31.9%-15.5pp

Net margin62.2%+33.8pp

FCF margin-6.5%-2.6pp

Returns & leverage

See full

Return on equity-37.8%+35.1pp

Debt / equity0×0.0×

Current ratio0.8×-0.1×

Where this comes from

Reported directly by Stem in its filing.

Tagged under the XBRL concept us-gaap:FairValueAdjustmentOfWarrants.

The official record: Stem’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Stem's fair value adjustment of warrants.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Stem's fair value adjustment of warrants?: Stem (STEM) reported fair value adjustment of warrants of -$2.41M in Q1 2026.
What does fair value adjustment of warrants mean?: Captures the non-cash periodic adjustments to the carrying value of outstanding warrant liabilities based on changes in market conditions or stock price. As these instruments are revalued, the resulting gain or loss reflects the changing financial obligation of the company to warrant holders. This is critical for understanding non-operating volatility in the capital structure.