Welcome to our dedicated page for STEM SEC filings (Ticker: STEM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Stem, Inc. filings document the company’s clean energy software business, public-company governance and capital structure. Results-related 8-K reports furnish quarterly and annual operating updates, including software, services and edge hardware revenue, PowerTrack software activity, adjusted EBITDA measures and management guidance.
Other filings cover proxy matters, director elections, executive compensation, board and officer changes, independent auditor changes, an at-the-market common stock offering program, Regulation FD materials and securities-litigation status. These disclosures record governance controls, stockholder voting matters, common stock issuance capacity, risk-related events and formal updates tied to Stem’s energy storage and renewable asset software operations.
Saul Laureles filed a Form 144 proposing to sell 942 shares of Common stock. The excerpt lists the securities to be sold as Restricted Stock Vesting (03/06/2026) and shows prior sales of 536 shares on 02/19/2026 and 292 shares on 03/03/2026. Broker details for Fidelity Brokerage Services LLC and an entry dated 03/10/2026 appear in the excerpt.
Stem, Inc. entered into an Open Market Sales Agreement with Jefferies LLC to establish an at-the-market equity program allowing the company to sell shares of common stock with an aggregate offering price of up to $30,000,000 on the NYSE and other permitted markets.
Jefferies will act as sales agent and/or principal, using commercially reasonable efforts to execute sales based on Stem’s instructions, and will receive a commission of up to 3.0% of the gross proceeds from any shares sold. Stem is not obligated to sell any shares and may suspend or terminate the program at any time under the agreement’s terms.
The shares will be offered under Stem’s shelf registration statement on Form S-3 (Registration No. 333-291820), declared effective by the SEC on December 11, 2025, and a related prospectus supplement filed on March 6, 2026.
Stem, Inc. may sell up to $30,000,000 of its common stock in an at-the-market offering through Jefferies LLC as sales agent pursuant to a Sale Agreement. The Sales Agent’s compensation will be up to 3.0% of gross proceeds. The last reported sale price was $12.18 per share on March 5, 2026. Stem intends to use net proceeds for general corporate purposes, including working capital. Shares outstanding were 8,489,879 as of December 31, 2025; assuming sales of 2,463,054 shares at $12.18 per share, Common Stock outstanding could be up to 10,952,933 after this offering.
Stem, Inc. files its annual report describing a major shift from hardware resales to an AI-enabled software and services model. Hardware revenue was $68.6 million in 2025, about 43.9% of total revenue, down from 53.1% in 2024, reflecting this transition.
The company implemented an approximately 27% global workforce reduction in April 2025, incurring $6.1 million in restructuring costs. Stem reports an accumulated deficit of about $1.49 billion and expects GAAP net losses through at least 2026.
Stem highlights scale advantages, with 36 GW of solar and nearly 2 GWh of storage assets under management, and over 90 patents and nine registered trademarks as of December 31, 2025. The company ends 2025 with 423 employees and emphasizes new AI-driven PowerTrack software and managed services as core to its growth strategy.
STEM, INC. Chief Legal Officer Saul R. Laureles reported an automatic sale of 292 shares of common stock at $9.67 per share. The shares were sold solely to cover his tax liability from previously reported restricted stock units that settled on March 1, 2026, and did not represent a discretionary trade. After this tax-related sale, he directly holds 25,476 shares of common stock.
STEM, INC. president of software products Matthew Tappin reported automatic sales of common stock to cover taxes from a recent restricted stock unit (RSU) vesting. He sold 300 shares on March 3, 2026 at $9.67 per share and 185 shares on March 4, 2026 at $10.00 per share. According to the disclosure, these were “sell to cover” transactions executed to satisfy tax liabilities and did not represent discretionary trades. After these sales, he continued to hold a remaining direct stake in STEM common stock.
Stem, Inc. reported fourth-quarter and full-year 2025 results that reflect a shift to a software-centric model with stronger profitability. Full-year revenue rose to $156.3 million from $144.6 million, driven by software, services, and edge hardware revenue of $141.4 million, up 25%.
GAAP gross margin improved to 38% for 2025 from (8)% in 2024, while non-GAAP gross margin reached 46%. The company moved to full-year net income of $137.8 million versus a net loss of $854.0 million, aided by a $220.0 million gain on extinguishment of debt and prior-year impairments.
Adjusted EBITDA turned positive at $6.7 million for 2025 compared with $(22.8) million in 2024, and operating cash flow improved to $6.9 million from $(36.7) million. For 2026, Stem guides to revenue of $140–$190 million, non-GAAP gross margin of 40%–50%, adjusted EBITDA of $10–$15 million, and year-end ARR of $65–$70 million.
Matthew Tappin reported multiple small open-market dispositions of common shares and a grant/vesting of restricted common stock. The filing lists sales of 522, 366 and 300 shares on 02/19/2026, 02/20/2026 and 03/03/2026 respectively, and a restricted stock vesting of 185 shares on 03/01/2026 labeled as compensation.
STEM filed a Form 144 reporting a proposed sale of 292 common shares tied to restricted stock vesting on 02/27/2026. The filing also records that Saul Laureles sold 536 common shares on 02/19/2026 as reported in the "Securities Sold During The Past 3 Months" section.