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Stem STEM United States — Revenue

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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+26.0%
Enterprise value$42.58M+72.6%
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 united states — revenue?
Stem (STEM) reported united states — revenue of $27.68M in Q1 2026.
How has Stem's united states — revenue changed year-over-year?
Stem's united states — revenue decreased by 12.8% year-over-year, from $31.73M to $27.68M.
What is the long-term trend for Stem's united states — revenue?
Over 4 years (2021 to 2025), Stem's united states — revenue has grown at a 4.2% compound annual growth rate (CAGR), from $127.23M to $150.21M.
What does united states — revenue mean?
This metric represents the total gross income generated from the sale of energy storage hardware and proprietary software services within the United States market. It reflects the company's ability to capture market share and monetize its turnkey energy solutions in this specific geographic region. Tracking this revenue stream is essential for evaluating the company's regional growth trajectory and the adoption rate of its renewable energy management technology.