Stem STEM Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Battery hardware resale | $10.31M-30.5% | $14.84M-64.1% | $41.29M+33.3% | $30.96M-7.0% | $33.29M+6.2% | |
| Edge hardware | $53.79M+0.1% | $53.73M+5.5% | $50.95M+4.8% | $48.6M+2.0% | $47.64M+4.9% | |
| Managed services | $29.84M-1.2% | $30.21M+9.3% | $27.63M-0.9% | $27.88M— | —— | |
| PowerTrack software | $39.04M+3.8% | $37.62M+3.4% | $36.38M+2.5% | $35.49M— | —— | |
| Project and professional services & other | $19.77M-0.5% | $19.87M+129% | $8.69M-33.5% | $13.07M— | —— | |
| Revenue by Geography | ||||||
| Rest of the world | $6.6M+9.0% | $6.06M+6.9% | $5.67M+5.7% | $5.36M+12.1% | $4.78M-7.6% | |
| United States | $146.15M-2.7% | $150.21M-5.7% | $159.28M+5.7% | $150.64M+2.6% | $146.84M+5.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Stem break its business down?
- Stem (STEM) reports revenue by product across 5 parts — Battery hardware resale, Edge hardware, Managed services, PowerTrack software and Project and professional services & other. Each is extracted from the segment footnotes and tracked over time.
- Where does Stem's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Stem's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
