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Stem STEM Project and professional services & other — Revenue

Other product segments

Edge hardware
$10.33M+0.6%
PowerTrack software
$10.27M+16.0%
Managed services
$6.68M-5.2%
Battery hardware resale
$0-100%

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Other financials

Income statement

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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

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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

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Operating cash flow-$8.3M-197%
CapEx-
Free cash flow-$8.3M-197%

Valuation

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Market cap$69.95M+25.3%
Enterprise value$42.58M+71.1%
P/E0.5×
P/S0.5×+0.1×

Profitability

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Gross margin39.5%+23.8pp
Operating margin-31.9%-15.5pp
Net margin62.2%+33.8pp
FCF margin-6.5%-2.6pp

Returns & leverage

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Return on equity-37.8%+35.1pp
Debt / equity0.0×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by Stem in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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

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Questions, answered.

What is Stem's project and professional services & other — revenue?
Stem (STEM) reported project and professional services & other — revenue of $1.72M in Q1 2026.
How has Stem's project and professional services & other — revenue changed year-over-year?
Stem's project and professional services & other — revenue decreased by 5.3% year-over-year, from $1.82M to $1.72M.
What does project and professional services & other — revenue mean?
This metric represents the total revenue generated from non-recurring project-based activities, professional consulting, and ancillary service offerings outside of core software or hardware sales. It reflects the company's ability to monetize specialized expertise and implementation support provided to customers during the deployment or maintenance of energy infrastructure solutions. Growth in this area indicates successful diversification of service streams and deeper integration into the customer's operational lifecycle.