InsiderClue
Stocks · Technology · Services-Computer Integrated Systems Design

STEM, INC.

STEM Clue Score36
United States Fiscal year ends December CIK 0001758766
$4.16 -0.95% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $4.16 −81.07% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 8 Oct 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Revenue17.6Operating income−47.9Net income−59.4EPS, diluted−1.51Fiscal year 2020Revenue36.3 +106.9%Operating income−49.4Net income−156.1EPS, diluted−4.13Fiscal year 2021Revenue127.4 +250.8%Operating income−83.1Net income−101.2EPS, diluted−0.96Fiscal year 2022Revenue363.0 +185.0%Operating income−131.1Net income−124.1EPS, diluted−0.81Fiscal year 2023Revenue461.5 +27.1%Operating income−179.3Net income−140.4EPS, diluted−18.05Fiscal year 2024Revenue144.6 −68.7%Operating income−839.5Net income−854.0EPS, diluted−105.80Fiscal year 2025Revenue156.3 +8.1%Operating income−55.7Net income137.8EPS, diluted−9.18
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 17.6 36.3 127.4 363.0 461.5 144.6 156.3
Growth +106.9% +250.8% +185.0% +27.1% −68.7% +8.1%
Operating income −47.9 −49.4 −83.1 −131.1 −179.3 −839.5 −55.7
Net income −59.4 −156.1 −101.2 −124.1 −140.4 −854.0 137.8
Growth
EPS, diluted −1.51 −4.13 −0.96 −0.81 −18.05 −105.80 −9.18

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2019Gross margin−18.6%Operating margin−272.6%Net margin−338.5%Fiscal year 2020Gross margin−10.8%Operating margin−136.0%Net margin−430.0%Fiscal year 2021Gross margin1.0%Operating margin−65.2%Net margin−79.5%Fiscal year 2022Gross margin9.1%Operating margin−36.1%Net margin−34.2%Fiscal year 2023Gross margin0.8%Operating margin−38.9%Net margin−30.4%Fiscal year 2024Gross margin−7.6%Operating margin−580.6%Net margin−590.7%Fiscal year 2025Gross margin38.4%Operating margin−35.6%Net margin88.2%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin −18.6% −10.8% 1.0% 9.1% 0.8% −7.6% 38.4%
Operating margin −272.6% −136.0% −65.2% −36.1% −38.9% −580.6% −35.6%
Net margin −338.5% −430.0% −79.5% −34.2% −30.4% −590.7% 88.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2019Operating cash flow−29.7Fiscal year 2020Operating cash flow−33.7Fiscal year 2021Operating cash flow−101.3Fiscal year 2022Operating cash flow−106.0Fiscal year 2023Operating cash flow−207.4Fiscal year 2024Operating cash flow−36.7Fiscal year 2025Operating cash flow6.9
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −29.7 −33.7 −101.3 −106.0 −207.4 −36.7 6.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2019Cash12.9Shareholders’ equity−24.5Fiscal year 2020Cash6.9Shareholders’ equity−177.4Fiscal year 2021Cash747.8Shareholders’ equity667.8Fiscal year 2022Cash87.9Shareholders’ equity551.6Fiscal year 2023Cash105.4Shareholders’ equity426.2Fiscal year 2024Cash56.3Shareholders’ equity−398.4Fiscal year 2025Cash48.9Shareholders’ equity−249.4
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 12.9 6.9 747.8 87.9 105.4 56.3 48.9
Shareholders’ equity −24.5 −177.4 667.8 551.6 426.2 −398.4 −249.4

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021† 31 Dec 2021 FY2022 31 Dec 2022 FY2023† 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
17.6 36.3 127.4 363.0 461.5 144.6 156.3
Growth +106.9% +250.8% +185.0% +27.1% −68.7% +8.1%
20.8 40.2 126.1 329.9 457.9 155.6 96.3
−3.3 −3.9 1.2 33.1 3.7 −11.1 60.0
Growth +2,553.7% −88.9% −401.7%
14.7 15.9 22.7 38.3 56.5 51.3 35.3
12.4 14.7 41.6 77.0 74.9 88.1 51.6
−47.9 −49.4 −83.1 −131.1 −179.3 −839.5 −55.7
Growth
−59.4 −156.1 −101.2 −139.2 −140.0 −853.7 138.3
0.0 0.0 0.0 −15.2 0.4 0.3 0.5
−59.4 −156.1 −101.2 −124.1 −140.4 −854.0 137.8
Growth
Per share
−1.51 −4.13 −0.96 −0.81 −18.05 −105.80 16.52
−1.51 −4.13 −0.96 −0.81 −18.05 −105.80 −9.18
Growth
42.8 40.1 105.6 153.4 7.8 8.1 8.3
42.8 40.1 105.6 153.4 7.8 8.1 8.5
Growth −6.4% +163.5% +45.3% −94.9% +3.8% +5.2%

† The diluted share count jumps at 2021 and 2023, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 33.9% a year over five years.
  • Operating margin is up 100.4 points on five years ago, at -35.6%.
  • A net loss in 6 of 7 years on file.