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
Q1 2024 - May 3, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 188 % -10.6%
Quick Ratio 24.6 % +72.8%
Debt-to-equity 213 % +40.6%
Return On Equity -21 % +35%
Return On Assets -8.73 % +36.9%
Operating Margin -48.8 % -36.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 162 M shares +3.94%
Common Stock, Shares, Outstanding 162 M shares +3.87%
Entity Public Float 835 M USD -18.6%
Common Stock, Value, Issued 16 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 158 M shares +2.07%
Weighted Average Number of Shares Outstanding, Diluted 158 M shares +2.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 420 M USD +7.78%
Cost of Revenue 441 M USD +22.9%
Research and Development Expense 57.2 M USD +33.6%
Selling and Marketing Expense 50.3 M USD -3.59%
General and Administrative Expense 75.7 M USD +1.84%
Operating Income (Loss) -205 M USD -47.4%
Nonoperating Income (Expense) 37.4 M USD -86.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -167 M USD -14.3%
Income Tax Expense (Benefit) 677 K USD
Net Income (Loss) Attributable to Parent -77.1 M USD -125%
Earnings Per Share, Basic -1.07 USD/shares -12.6%
Earnings Per Share, Diluted -1.07 USD/shares -12.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 113 M USD -4.31%
Accounts Receivable, after Allowance for Credit Loss, Current 240 M USD +3.08%
Inventory, Net 24.4 M USD -43.5%
Other Assets, Current 8.22 M USD +17.9%
Assets, Current 406 M USD -20.7%
Property, Plant and Equipment, Net 71.2 M USD -18.8%
Operating Lease, Right-of-Use Asset 11.5 M USD -21.2%
Intangible Assets, Net (Excluding Goodwill) 155 M USD -4.08%
Goodwill 547 M USD 0%
Other Assets, Noncurrent 84 M USD +39.2%
Assets 1.28 B USD -7.84%
Accounts Payable, Current 61.7 M USD -45.1%
Employee-related Liabilities, Current 11.2 M USD +59.3%
Accrued Liabilities, Current 78.5 M USD +32.8%
Contract with Customer, Liability, Current 57 M USD -24.5%
Liabilities, Current 237 M USD -14.2%
Contract with Customer, Liability, Noncurrent 88.4 M USD +21.8%
Operating Lease, Liability, Noncurrent 9.89 M USD -21.8%
Other Liabilities, Noncurrent 436 K USD -1.8%
Liabilities 913 M USD +4.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax 154 K USD
Retained Earnings (Accumulated Deficit) -845 M USD -24.8%
Stockholders' Equity Attributable to Parent 372 M USD -28.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 372 M USD -28.1%
Liabilities and Equity 1.28 B USD -7.84%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -621 K USD +98.3%
Net Cash Provided by (Used in) Financing Activities 3.14 M USD
Net Cash Provided by (Used in) Investing Activities 4.68 M USD -93.1%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 162 M shares +3.87%
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 7.43 M USD -75.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 114 M USD -3.38%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.42 M USD -3.98%
Deferred Tax Assets, Valuation Allowance 168 M USD +19.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 191 M USD +11.7%
Operating Lease, Liability 13.4 M USD -0.97%
Depreciation 3 M USD -16.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -77 M USD -118%
Lessee, Operating Lease, Liability, to be Paid 15.2 M USD -1.06%
Operating Lease, Liability, Current 2.95 M USD +14.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.89 M USD -1.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.62 M 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 1.82 M USD -1.73%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.98 M USD +36.1%
Deferred Tax Assets, Operating Loss Carryforwards 134 M USD +10.1%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -294 K USD +97.6%
Current Income Tax Expense (Benefit) 871 K USD +150%
Preferred Stock, Shares Authorized 1 M shares 0%
Unrecognized Tax Benefits 300 K USD -57.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.04 M USD +39.3%
Operating Lease, Payments 2.9 M USD +81.3%
Additional Paid in Capital 1.22 B USD +1.89%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 490 K USD +166%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 15.8 M USD -16.4%
Depreciation, Depletion and Amortization 10.8 M USD -2.68%
Deferred Tax Assets, Net of Valuation Allowance 22.3 M USD -25.7%
Share-based Payment Arrangement, Expense 46.3 M USD +56.4%
Deferred State and Local Income Tax Expense (Benefit) -41 K USD +98.6%
Interest Expense 17.9 M USD +98.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%