Stem, Inc. operates as a digitally connected and intelligent energy storage network provider in the United States and internationally. It offers energy storage systems sourced from original equipment manufacturers (OEMs). The company also provides Athena, an artificial intelligence platform, which offers battery hardware and software-enabled services to operate the energy storage systems. In addition, it offers system design and engineering services, supply chain management, energy storage value stream optimization, warranty and preventive maintenance plan management, operation and maintenance reporting, and program enrollment and incentive management services. The company serves commercial and industrial enterprises, independent power producers, renewable project developers, and utilities and grid operators. Stem, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
Revenue of Stem, Inc. (STEM)
Revenue in 2023 (TTM): $461.52 M
According to Stem, Inc.'s latest financial reports the company's current revenue (TTM) is $461.52 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Stem, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $461.52 M | $3.67 M | $-79,169,000 | $-139,980,000 | $-140,413,000 |
| 2022 | $362.98 M | $33.09 M | $-87,676,000 | $-139,215,000 | $-124,054,000 |
| 2021 | $127.37 M | $1.25 M | $-62,991,000 | $-101,211,000 | $-119,504,000 |
| 2020 | $36.31 M | $-3,912,000 | $-116,988,000 | $-156,119,000 | $-156,124,000 |
| 2019 | $17.55 M | $-3,260,000 | $-36,463,000 | $-59,408,000 | $-59,414,000 |
| 2018 | $7.03 M | $-2,658,000 | $-37,514,000 | $-8,144 | $-8,144 |