Stem, Inc. provides AI-enabled clean energy software, services and edge hardware for energy storage and renewable energy assets. The company’s updates center on its PowerTrack software suite, including energy management, asset monitoring, optimization, utility dispatch, grid coordination and telemetry for battery energy storage systems and solar portfolios.
Recurring news also covers quarterly results, recurring software revenue, gross margin and adjusted EBITDA trends; customer deployments for utility-scale and behind-the-meter storage; partnerships around battery management and control systems; and completed software asset acquisitions that add automated fault detection and event-management capabilities to PowerTrack.
Stem (NYSE: STEM) has rescheduled its third-quarter 2026 financial results release and conference call to November 16, 2026. Both were previously scheduled for November 5, 2026; the company cited scheduling and logistical reasons for the change. The results release is scheduled for approximately 4:05 p.m. Eastern Time, followed by the call at 5:00 p.m. Eastern Time. A live, listen-only webcast and telephone access will be available.
Stem (STEM) has deployed its PowerTrack platform at Energix US’s Border Basin Solar project, which is now operational in Ohio.
The Hancock County facility has capacity of 152 MWdc (120 MWac), measured on direct-current and alternating-current bases, and is delivering electricity into the PJM Interconnection market. Stem supported the project from conceptual design through commissioning and operator handoff. PowerTrack now provides plant control, data collection and monitoring, with cloud-based performance analytics, alerts, reporting and remote data backup.
Stem (NYSE: STEM) has initiated a formal review of strategic alternatives aimed at maximizing shareholder value, led by its board. Options include continuing its standalone plan, selling certain assets or the company, a merger, refinancing, recapitalization or other transactions. Guggenheim Securities is financial advisor, with Gibson Dunn & Crutcher and Davis Polk & Wardwell serving as legal advisors.
The board has set no timetable, and the review may not produce a transaction or other strategic outcome. Stem says its team remains focused on serving customers and executing its plan throughout the process.
Stem (NYSE: STEM) received an NYSE letter on October 20, 2026, confirming noncompliance with the exchange’s continued listing standards. The standard requires average global market capitalization over 30 consecutive trading days and stockholders’ equity of at least $50 million each.
Stem intends to notify the NYSE within 10 business days of receiving the letter that it will submit a compliance plan. The plan is due within 45 days of receipt and must demonstrate how compliance will be regained within 18 months. Continued listing during the cure period depends on NYSE acceptance, quarterly review and other listing requirements. The noncompliance has no immediate listing impact and does not affect business operations, SEC reporting requirements or obligations under debt or other agreements.
Stem (NYSE: STEM) will hold its third-quarter 2026 earnings conference call on November 5, 2026, at 5:00 p.m. Eastern Time. The call will cover results for the quarter ended September 30, 2026. The earnings release is scheduled for approximately 4:05 p.m. Eastern Time that day.
A listen-only webcast and telephone access will be available. A telephone replay will remain available until December 5, 2026, and a webcast archive will be available for 12 months following the call.
Stem (NYSE: STEM) reported second quarter 2026 revenue of $33.7 million, down 12% year-over-year, as reduced battery hardware resales and lower managed services revenue offset 11% growth in PowerTrack software. Software, services, and edge hardware revenue edged up 1% to $33.4 million.
GAAP gross profit rose to $13.9 million with a 41% margin (33% in 2Q25), while non-GAAP gross profit was $18.4 million and margin improved to 55%. Stem posted a net loss of $14.4 million versus prior-year net income of $202.5 million, which benefited from a one-time debt extinguishment gain. Adjusted EBITDA increased 63% to $6.2 million, marking a fifth consecutive positive quarter, and operating cash flow turned slightly positive at $0.3 million.
Bookings were $36.8 million, up 39% sequentially, and contracted backlog rose to $27.1 million. ARR reached $62.4 million, with PowerTrack EMS winning The smarter E AWARD 2026 and multiple new agreements in Europe, Latin America, and North America. Stem reaffirmed its full-year 2026 guidance, including revenue of $140–$190 million and adjusted EBITDA of $10–$15 million.
Stem (NYSE: STEM) announced that Solarmarkt Group and EPC partner Pannonwatt have selected Stem’s PowerTrack™ Energy Management System as the integrated EMS, power plant control, and SCADA platform to hybridize two operating 60 MWp utility-scale solar plants in Szihalom and Hódmezővásárhely, Hungary.
The five-year agreement will extend existing PowerTrack controls to new 40 MW / 80 MWh battery systems at each site, creating fully integrated hybrid assets targeting commercial operation by September 2026. The projects will support Solarmarkt Group’s Green Cloud Platform and initially focus on Hungary’s automatic Frequency Restoration Reserve market.
Stem (NYSE: STEM) will hold a conference call on Wednesday, August 12, 2026, at 5:00 p.m. Eastern Time to discuss its financial results for the quarter ended June 30, 2026. According to Stem, the related earnings press release will be issued at approximately 4:05 p.m. Eastern Time the same day.
Investors can join via a live listen-only webcast at Stem’s investor relations site or by dialing (877) 407-3982 (U.S.) or (201) 493-6780 (international), referencing Stem. A telephone replay will be available until September 12, 2026 at (844) 512-2921 or (412) 317-6671 (international), passcode 13757930. An archived webcast will be accessible on the company’s website for six months.
Stem (NYSE: STEM) announced that its PowerTrack Energy Management System (EMS) won The smarter E AWARD 2026 in the Smart Integrated Energy category at The smarter E Europe exhibition in Munich.
PowerTrack EMS provides edge-to-cloud control, monitoring, and performance optimization for large-scale solar, storage, and hybrid energy assets.
Stem (NYSE: STEM) launched AIONA, an AI services offering designed to turn AI strategies into measurable operational and economic results for energy organizations. Built on Stem’s in-house AI, data science, and optimization expertise, AIONA focuses on practical deployment rather than proofs of concept.
AIONA helps assess data maturity, identify high-value use cases, build custom AI agents, and support integration, governance, and change management. It is available immediately to existing Stem customers and other energy-sector organizations in North America and select international markets.