Every 10-Q that Stem, Inc. (STEM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow STEM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full STEM filings page.
Stem, Inc. reported Q2 2026 revenue of $33.7 million, down from $38.4 million a year earlier, with first-half 2026 revenue of $62.7 million versus $70.9 million. PowerTrack software and edge hardware grew year over year, while managed services and battery hardware resale declined.
Gross profit in Q2 improved slightly to $13.9 million, and loss from operations narrowed to $7.7 million from $13.3 million, helped by lower research and development and general and administrative expenses. However, the company posted a Q2 net loss of $14.4 million, compared with prior-year net income that had been boosted by a large debt extinguishment gain.
Stem ended June 30, 2026 with $38.4 million in cash and cash equivalents and negative working capital of $18.2 million, alongside substantial debt, including $118.7 million of 2030 convertible notes and $160.0 million of senior secured notes. Management states that existing cash is sufficient for at least 12 months but may seek additional equity or debt financing. Remaining performance obligations totaled $366.6 million, with about 22% expected to be recognized as revenue within 12 months.
Stem, Inc. reported first-quarter 2026 revenue of $29.0 million, down from $32.5 million a year earlier, as it continues shifting toward software, edge hardware and services. The company posted a net loss of $18.9 million, narrower than the $25.0 million loss in 2025, and a basic and diluted loss per share of $2.22.
Cash and cash equivalents were $36.6 million with negative working capital of about $16.0 million and a stockholders’ deficit of $265.9 million, reflecting substantial debt, including convertible notes and 2030 Senior Secured Notes. Operating cash outflow was $8.3 million. Management believes current cash will cover at least the next 12 months but notes potential need for future financing.
Stem put in place a $30.0 million at-the-market equity program in March 2026, with no shares sold as of quarter-end, and recorded a $3.3 million impairment on assets held for sale related to four Canadian battery projects. Remaining performance obligations totaled $377.5 million, and after quarter-end the company agreed to acquire Vienna-based software firm raicoon GmbH for $4.3 million in stock.
Stem, Inc. (STEM) reported higher quarterly sales and a narrower loss as it shifts toward software and services. Total revenue was $38.2 million for Q3, up from $29.3 million a year ago, driven by PowerTrack software $9.4 million, Edge hardware $15.6 million, Managed services $6.6 million, and Battery hardware resale $4.3 million. Gross profit rose to $13.6 million from $6.2 million, while net loss improved to $23.8 million from $148.3 million.
Year-to-date, net income of $153.7 million reflects a gain on extinguishment of debt of $220.0 million from a June exchange of convertible notes into 2030 Senior Secured Notes and 439,919 warrants. The new notes carry 11.0% cash interest (or 12.0% PIK). Cash and equivalents were $43.1 million, and management believes liquidity is sufficient for at least the next 12 months. Remaining performance obligations were $389.4 million, with about 18% expected over the next year. Shares outstanding were 8,390,208 as of October 22, 2025, after a 1-for-20 reverse split in June.