Stem, Inc. financial data

Symbol
STEM on NYSE
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Location
4 Embarcadero Center, Suite 710, San Francisco, California
Fiscal year end
December 31
Former names
Star Peak Energy Transition Corp. (to 4/30/2021), Star Peak Energy Acquisition Corp. (to 11/21/2018)
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 180 % -10.7%
Quick Ratio 24.6 % +72.8%
Debt-to-equity 352 % +113%
Return On Equity -21 % +35%
Return On Assets -8.73 % +36.9%
Operating Margin -208 % -500%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 163M shares +4.38%
Common Stock, Shares, Outstanding 163M shares +4.36%
Entity Public Float 835M USD -18.6%
Common Stock, Value, Issued 16K USD 0%
Weighted Average Number of Shares Outstanding, Basic 162M shares +4.2%
Weighted Average Number of Shares Outstanding, Diluted 162M shares +4.08%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 361M USD -13.2%
Cost of Revenue 385M USD +1.02%
Research and Development Expense 58.3M USD +21.5%
Selling and Marketing Expense 47.5M USD -10.1%
General and Administrative Expense 72.6M USD -6.33%
Operating Income (Loss) -750M USD -421%
Nonoperating Income (Expense) -19.4M USD -140%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -769M USD -712%
Income Tax Expense (Benefit) 248K USD -87.4%
Net Income (Loss) Attributable to Parent -77.1M USD -125%
Earnings Per Share, Basic -4.78 USD/shares -671%
Earnings Per Share, Diluted -4.4 USD/shares -340%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 89.6M USD +18.9%
Accounts Receivable, after Allowance for Credit Loss, Current 206M USD -29.8%
Inventory, Net 24.4M USD -43.5%
Other Assets, Current 10.6M USD -19.5%
Assets, Current 360M USD -41.3%
Property, Plant and Equipment, Net 67.5M USD -20.2%
Operating Lease, Right-of-Use Asset 11.1M USD -19.3%
Intangible Assets, Net (Excluding Goodwill) 152M USD -4.6%
Goodwill 0 USD -100%
Other Assets, Noncurrent 90.9M USD +24.3%
Assets 692M USD -54%
Accounts Payable, Current 63.1M USD -38.7%
Employee-related Liabilities, Current 10.7M USD +34.6%
Accrued Liabilities, Current 63.4M USD +14.1%
Contract with Customer, Liability, Current 58M USD -49.8%
Liabilities, Current 217M USD -29.5%
Contract with Customer, Liability, Noncurrent 88.9M USD +13%
Operating Lease, Liability, Noncurrent 11.8M USD -0.35%
Other Liabilities, Noncurrent 599K USD +6.39%
Liabilities 894M USD -9.13%
Accumulated Other Comprehensive Income (Loss), Net of Tax 94K USD
Retained Earnings (Accumulated Deficit) -1.43B USD -117%
Stockholders' Equity Attributable to Parent -203M USD -139%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -203M USD -139%
Liabilities and Equity 692M USD -54%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -621K USD +98.3%
Net Cash Provided by (Used in) Financing Activities 3.14M USD
Net Cash Provided by (Used in) Investing Activities 4.68M USD -93.1%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 163M shares +4.36%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 7.43M USD -75.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 91.4M USD +21.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.42M USD -3.98%
Deferred Tax Assets, Valuation Allowance 168M USD +19.7%
Deferred Tax Assets, Gross 191M USD +11.7%
Operating Lease, Liability 13.4M USD -0.97%
Depreciation 3.5M USD -2.78%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -77M USD -118%
Lessee, Operating Lease, Liability, to be Paid 15.2M USD -1.06%
Operating Lease, Liability, Current 2.95M USD +14.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.89M USD -1.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.62M USD +14.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +21.3%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.82M USD -1.73%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.98M USD +36.1%
Deferred Tax Assets, Operating Loss Carryforwards 134M USD +10.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 300K USD -57.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.04M USD +39.3%
Additional Paid in Capital 1.22B USD +4%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 15.7M USD -19.5%
Depreciation, Depletion and Amortization 10.8M USD -2.68%
Deferred Tax Assets, Net of Valuation Allowance 22.3M USD -25.7%
Share-based Payment Arrangement, Expense 43.2M USD +30.6%
Interest Expense 17.9M USD +98.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%