Welcome to our dedicated page for Stem news (Ticker: STEM), a resource for investors and traders seeking the latest updates and insights on Stem stock.
News about Stem, Inc. (NYSE: STEM) focuses on its role in AI-enabled clean energy software, edge products, and services that support solar, energy storage, and hybrid projects. Company announcements highlight the evolution of its PowerTrack software suite, including PowerTrack Energy Management System (EMS) and PowerTrack Optimizer, and how these platforms are applied across commercial, industrial, and utility-scale portfolios.
Investors and observers following STEM news will see regular updates on quarterly financial results, including revenue trends, gross margins, and recurring revenue metrics such as ARR and CARR, as reported in earnings releases and accompanying Form 8-K filings. These releases also discuss the company’s software-focused strategy, cost initiatives, and changes in its capital structure, such as exchanges of convertible notes and reverse stock split actions.
Stem’s news flow also covers product launches and platform enhancements, such as the introduction of PowerTrack EMS for standalone and hybrid storage control and the rebranding of the Athena platform to PowerTrack Optimizer. Project-related news includes deployments like the Camino Solar project in California, where Stem’s PowerTrack Power Plant Controller and data acquisition systems were implemented to meet technical grid standards and support grid integration.
Additional updates may involve regional expansion, such as the growth of the Berlin competence center to support EMEA utility-scale projects, as well as partnerships with asset owners, developers, and utilities. Governance and leadership developments, including executive appointments and board changes, are typically disclosed through press releases and SEC filings. For users tracking STEM news, this page aggregates these earnings announcements, product updates, project milestones, and corporate actions in one place.
Stem (NYSE:STEM) has launched PowerTrack™ Energy Management System (EMS), expanding its product suite for standalone and hybrid energy storage control. The company, which currently manages over 30 GW of solar assets and nearly 2 GWh of battery storage systems, has developed this intelligent control system to manage battery operations and coordinate grid services.
PowerTrack EMS builds on Stem's market leadership, with 13 of the top 15 US C&I players and 90% of leading US community solar asset owners standardizing on their platform. The system offers key capabilities including unified hybrid control, 32% reduction in engineering hours, and 99.99% controller reliability. The solution features hardware-agnostic controllers and is immediately available globally with comprehensive deployment support.
Stem (NYSE:STEM), a global AI-driven clean energy solutions provider, reported strong Q2 2025 financial results. Revenue increased 13% year-over-year to $38.4 million, with notable improvements in GAAP gross margin (33%) and non-GAAP gross margin (49%). The company achieved positive adjusted EBITDA of $3.8 million, a significant improvement from $(11.3) million in Q2 2024.
Key operational metrics showed growth with storage operating assets under management reaching 1.7 GWh (up 42% YoY) and solar operating AUM at 32.7 GW (up 22% YoY). Annual recurring revenue increased 3% QoQ to $58.5 million. The company completed a significant debt restructuring, reducing outstanding debt by $195 million and extending maturities to 2030.
[ "Achieved positive adjusted EBITDA of $3.8M, up from $(11.3M) in Q2 2024", "Revenue grew 13% YoY to $38.4M with improved gross margins", "Storage AUM increased 42% YoY to 1.7 GWh", "Successfully reduced debt by $195M through debt exchange", "ARR grew 22% YoY to $58.5M", "Non-GAAP gross margin improved to 49% from 40% YoY" ]Stem (NYSE: STEM) has successfully deployed its advanced energy system at the 57 MW Camino Solar project in Kern County, California, developed by Avangrid. The project features Stem's PowerTrack™ Power Plant Controller (PPC) and data acquisition system, meeting the stringent IEEE 2800 standard for grid interconnection.
The system monitors nearly 8,000 real-time data points and will power approximately 14,000 homes. The project is expected to generate $15 million in state and local tax revenue over its lifetime and created about 100 local jobs during construction. This marks Stem's third collaboration with Avangrid, reinforcing their position in renewable energy solutions.
Stem (NYSE: STEM), a leader in AI-enabled clean energy software and services, has scheduled its Q2 2025 earnings conference call for August 7, 2025 at 5:00 p.m. ET. The company will release its financial results for the quarter ending June 30, 2025 at approximately 4:05 p.m. ET on the same day.
Investors can access the call via webcast at the company's investor relations website or by telephone. A replay will be available until September 7, 2025, and the webcast archive will be accessible for 12 months on Stem's website.
Stem (NYSE:STEM), a leader in AI-driven clean energy software and services, has appointed Brian Musfeldt as Chief Financial Officer, effective July 17, 2025. Musfeldt, who previously served as CFO of AlsoEnergy from 2017 to 2023, returns to Stem with nearly 30 years of finance and management experience in clean technology and energy industries.
Musfeldt succeeds Doran Hole, who will step down as CFO and EVP but continue in an advisory capacity until July 31, 2025. The appointment comes as Stem continues its strategic realignment focusing on software services revenue growth and technology innovation. Musfeldt's experience includes CFO roles at ikeGPS and MST Global Inc, along with a background in public accounting at KPMG / Arthur Anderson.
Stem, Inc. (NYSE: STEM) has announced a significant balance sheet restructuring through a privately negotiated exchange of convertible notes. The company has exchanged $350 million of its existing 2028 and 2030 Convertible Senior Notes for $155 million in new First Lien Notes due 2030, resulting in a substantial debt reduction of nearly $200 million.
The transaction includes the exchange of approximately $229 million of 2028 Convertible Notes (77% of outstanding) and $121 million of 2030 Notes (51% of outstanding). As part of the deal, Stem will issue warrants to purchase 439,919 shares at a $30.00 strike price and receive $10 million in cash.
The new First Lien Notes will carry an 11.000% interest rate payable in cash, or at the company's option, a 12.000% in-kind payment option. Following the exchange, Stem's remaining debt consists of $68 million in 2028 Convertible Notes, $119 million in 2030 Convertible Notes, and $155 million in new Senior Secured Notes due 2030.
Stem reported strong Q1 2025 financial results with revenue reaching $32.5 million, up 27% year-over-year. The company achieved its first-ever positive operating cash flow of $8.5 million and improved GAAP gross margins to 32%.
Key highlights include:
- Non-GAAP gross profit of $14.8 million with 46% margins
- Net loss narrowed to $25.0 million from $72.3 million in Q1 2024
- Annual Recurring Revenue (ARR) grew 8% to $56.9 million
- Storage operating assets reached 1.6 GWh, up 100% year-over-year
- Solar operating assets increased to 32.4 GW, up 20% year-over-year
The company announced a 27% workforce reduction, expecting $30 million in annual cost savings. Under new CEO Arun Narayanan, Stem reaffirmed its full-year 2025 guidance and reorganized into distinct business units focusing on software, professional services, managed services, and OEM hardware.