Brief: Stem Q2 Revenue USD 38.4 Million

Stem

07/08/2025 21:22

Overview

Stem Q2 2025 revenue rises 13% YoY to $38.4 mln, beating estimates

Co achieves positive adjusted EBITDA of $3.8 mln, up from $(11.3) mln

Net income at $202.5 mln vs. $582.3 mln loss in Q2 2024

Outlook

Stem reaffirms 2025 revenue guidance of $125 mln to $175 mln

Company expects 2025 non-GAAP gross margin of 30% to 40%

Stem anticipates 2025 adjusted EBITDA between $(10) mln and $5 mln

Company projects year-end ARR of $55 mln to $65 mln

Result Drivers

COST SAVINGS - Achieved positive adjusted EBITDA through cost savings efforts

DEBT REFINANCING - One-time gain on extinguishment of debt contributed to positive net income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$38.40 mln
$32.60 mln (3 Analysts)
Q2 Net Income
$202.50 mln
Q2 Adjusted EBITDA
$3.80 mln
Q2 Gross Margin
33.0%
Q2 Adjusted Gross Margin
49.0%
Q2 Order Backlog
$26.80 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the renewable energy equipment & services peer group is "buy."

Wall Street's median 12-month price target for Stem Inc is $7.50, about 55.3% below its August 6 closing price of $11.65

Press Release: ID:nBw3ZTTVPa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)