STEM - Earnings announcements

PowerTrack™ software revenue up 16% YoY Software, services, and edge hardware revenue up 4% YoY to $29M Achieved fourth consecutive quarter of positive adjusted EBITDA Reaffirming full year 2026 financial and operating guidance across all metrics Stem, Inc. ("Stem," "we" or the "Company") (NYSE:STEM), a global leader reimagining technology to support the energy transition, announced today its results for the quarter ended March 31, 2026. Financial Highlights Revenue of $29.0 million, down 11% from $32.5 million in 1Q25 Software, services, and edge hardware revenue of $29.0 million, up 4% from $28.0 million in 1Q25 GAAP gross profit of $10.9 million, up from $10.5 million

Stem, Inc. (NYSE:STEM), a global leader in clean energy software and services, will hold a conference call on Wednesday, May 6, 2026, to discuss its financial results for the quarter ended March 31, 2026. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (877) 407-3982, or for international callers (201) 493-6780, and referencing Stem. A replay will be available shortly after th

Delivered Transformative 2025, Achieving First-Ever Full Year Positive Adjusted EBITDA Software-Centric Strategy Drives Revenue Growth, Record Margins, and Significant Cost Reductions Introducing 2026 Guidance, Targeting ~85% Adjusted EBITDA Growth and 10% ARR Expansion Fourth Quarter and Full Year 2025 Financial and Operating Highlights Financial Highlights – Full Year 2025 Revenue of $156.3 million, up 8% from $144.6 million for FY24 Software, services, and edge hardware revenue of $141.4 million, up 25% from $113.2 million for FY24 GAAP gross profit of $60.0 million, up from $(11.1) million for FY24 Non-GAAP gross profit of $72.3 million, up from $63.7 million for FY2

Stem, Inc. (NYSE:STEM), a global leader in AI-enabled clean energy software and services, will hold a conference call on Wednesday, March 4, 2026, to discuss its financial results for the fourth quarter and full year ending December 31, 2025. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (877) 407-3982, or for international callers (201) 493-6780, and referencing Stem. A rep

Increased revenue by 31% YoY to $38 million Executed second consecutive quarter of positive adjusted EBITDA Increased ARR by 3% QoQ and 17% YoY to $60 million, evidencing continued software-focused strategy execution Achieved third consecutive quarter of strong gross margins Refining and de-risking full-year 2025 financial and operating guidance Stem, Inc. ("Stem," "we" or the "Company") (NYSE:STEM), a global leader reimagining technology to support the energy transition, announced today its financial results for the quarter ended Sept. 30, 2025. Financial Highlights Revenue of $38.2 million, up 31% from $29.3 million in 3Q24 GAAP gross profit of $13.5 million, up from $6.

Stem (NYSE:STEM), a global leader in AI-enabled clean energy software and services, will hold a conference call on Wed., Oct. 29, 2025, to discuss its results for the quarter ended Sept. 30, 2025. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (877) 407-3982, or for international callers (201) 493-6780, and referencing Stem. A replay will be available shortly after the call a

Increased revenue by 13% YoY to $38M Achieved positive adjusted EBITDA by driving cost savings efforts Increased ARR by 3% QoQ and 22% YoY to $59M evidencing continued software-focused strategy execution Tracking towards the high end of guidance for nearly all metrics Stem, Inc. ("Stem," "we" or the "Company") (NYSE:STEM), a global leader in artificial intelligence (AI)-driven clean energy solutions and services, announced today its financial results for the quarter ended June 30, 2025. Financial Highlights Revenue of $38.4 million, up 13% from $34.0 million in 2Q24 GAAP gross profit of $12.8 million, up from $9.4 million in 2Q24 Non-GAAP gross profit of $18.7 million up

Stem (NYSE:STEM), a global leader in AI-enabled clean energy software and services, will hold a conference call on August 7, 2025 to discuss its results for the quarter ended June 30, 2025. The conference call is scheduled to begin at 5:00 p.m. ET. The Company will issue a press release regarding the results at approximately 4:05 p.m. ET. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (877) 407-3982, or for international callers (201) 493-6780, and referencing Stem. A replay will be available shortly after the call and can be accessed

Achieved strong GAAP and non-GAAP gross margins First quarter of positive operating cash flow in company history Increased ARR by 8% sequentially to $57M Implemented targeted workforce reductions, driving estimated $30M in annualized cash cost savings Reaffirming full year 2025 guidance across all metrics First Quarter 2025 Financial and Operating Highlights Financial Highlights Revenue of $32.5 million, up 27% from $25.5 million in 1Q24 GAAP gross profit of $10.5 million, up from $(24.2) million in 1Q24 Non-GAAP gross profit of $14.8 million up from $13.8 million in 1Q24 GAAP gross margin of 32%, up from (95)% in 1Q24 Non-GAAP gross margin of 46%, up from 24% in 1Q24 Net

Focused on Driving Ongoing Business Transformation Target Approximately ~15% ARR Growth in 2025, Enabled by Stem's Recently Introduced Software and Services-Centric Strategy to Drive Scalable Growth and Profitability PowerTrack Continues Expansion into International Markets with 484 MW Contract in Hungary Fourth Quarter and Full Year 2024 Financial and Operating Highlights Financial Highlights – Fourth Quarter 2024 Revenue of $55.8 million, down from $167.4 million (-67%) in Q4 2023 GAAP gross margin of (4)%, down from 7% in Q4 2023 Non-GAAP gross margin of 36%, up from 13% in Q4 2023 Net loss of $51.1 million versus net loss of $37.7 million in Q4 2023 Adjusted EBITDA of $4.2

Stem (NYSE:STEM), a global leader in artificial intelligence (AI)-enabled clean energy software and services, will hold a conference call on Tuesday, March 4, 2025, to discuss its financial results for the fourth quarter and full year ending December 31, 2024. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (877) 407-3982, or for international callers (201) 493-6780, and referen

New Strategy Implementation in Progress Increased ARR by more than $3M in 3Q, Representing +7% QoQ Growth Revising Full Year 2024 Guidance for Several Key Metrics Third Quarter 2024 Financial and Operating Highlights Financial Highlights Revenue of $29.3 million, down from $133.7 million in 3Q23. Reflects $5.6 million and $37.4 million reductions in revenue, respectively, due to revised negotiated valuations of assets under certain hardware price guarantees entered into in 2022 and 2023. Lower revenue in the quarter also reflects reduced battery hardware sales, partially offset by growth in software and services revenue1 GAAP gross profit of $6.2 million, up from $(20.3) million in

Refined go-to-market strategy and leadership structure emphasizing software and services; expanding energy consulting offerings Actions expected to drive more scalable, recurring, and profitable revenue streams with improved working capital and cash flow profile Company to provide additional details on strategy roadmap on third quarter 2024 earnings call Stem, Inc. (NYSE:STEM) (the "Company," Stem" or "we"), a global leader in artificial intelligence (AI)-enabled clean energy software and services, today announced the outcome of its previously announced review of the Company's strategy led by the Board's Software Strategy Working Group, which worked closely with the Stem management team.

Stem (NYSE:STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, will hold a conference call on Wednesday, October 30, 2024, to discuss its financial results for the quarter ended September 30, 2024. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing 1-844-825-9789, or for international callers, 1-412-317-5180 and referencing Stem. A repla

Doran Hole Named Chief Financial Officer and Executive Vice President David Buzby Named Executive Chair of the Board; Laura D'Andrea Tyson Named Lead Independent Director of the Board Company Initiates Strategic Review of Business Company Separately Reports Second Quarter 2024 Earnings; Conference Call at 5:00 p.m. ET Stem, Inc. (NYSE:STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced the following leadership changes to support the execution of the Company's strategic priorities. Doran Hole has been appointed Chief Financial Officer (CFO) and Executive Vice President (EVP), effective September 2, 2024. In addition to t

Revising Full Year 2024 Guidance Activated $3 million of ARR in 2Q, Representing +7% QoQ Growth Expect Full Year Positive Operating Cash Flow Bill Bush to step down as CFO effective September 2, 2024; Doran Hole to be named CFO as part of planned succession Second Quarter 2024 Financial and Operating Highlights Financial Highlights Revenue of $34.0 million, down from $93.0 million (-63%) in 2Q23 GAAP gross profit of $9.4 million, down from $11.9 million in 2Q23 GAAP gross margin of 28%, up from 13% in 2Q23 Non-GAAP gross profit of $13.5 million, down from $16.4 million in 2Q23 Non-GAAP gross margin of 40%, up from 18% in 2Q23 Net loss of $582.3 million versus net incom

Stem (NYSE:STEM), a global leader in AI-driven clean energy solutions and services, will hold a conference call on Tuesday, August 6, 2024, to discuss its financial results for the quarter ended June 30, 2024. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (844) 825-9789, or for international callers, (412) 317-5180 and referencing Stem. A replay will be available shortly aft

Substantial increase of +42% CARR-to-ARR conversion since January 2024 Introducing Next Generation Asset Performance Management Software Suite Reaffirming Full Year 2024 Operating Cash Flow, Adjusted EBITDA, Gross Margin and Bookings Guidance First Quarter 2024 Financial and Operating Highlights Financial Highlights1 Revenue of $25.5 million, down from $67.4 million (-62%) in 1Q23. Reflects a $33 million reduction in revenue due to an updated valuation of certain contract guarantees for hardware revenue recorded in 2022 and 2023 GAAP gross profit of $(24.2) million, down from $1.0 million in 1Q23, primarily as a result of the net revenue reduction Non-GAAP gross margin of 2

Stem (NYSE:STEM), a leader in AI-driven clean energy solutions and services, will hold a conference call on Thursday, May 2, 2024, to discuss its results for the quarter ended March 31, 2024. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (877) 407-3982, or for international callers (201) 493-6780, and referencing Stem. A replay will be available shortly after the call and ca

Achieved Key Milestone with Positive Adjusted EBITDA in Q4 and 2H23 Expect to Generate at Least $50 Million of Operating Cash Flow in 2024 Awarded PowerBidder™ Pro Contract by Mercuria Energy Trading Outlook Expect to achieve positive adjusted EBITDA of between $5 million and $20 million in 20241 Project at least $50 million in operating cash flow generation for the full year 2024 with no equity issuance Fourth Quarter and Full Year 2023 Financial and Operating Highlights Financial Highlights – Fourth Quarter 2023 Revenue of $167.4 million, up from $155.5 million (+8%) in Q4 2022 GAAP gross margin of 7%, down from 8% in Q4 2022 Non-GAAP gross margin of 13%, up from

Stem (NYSE:STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, will hold a conference call on Wednesday, February 28, 2024, to discuss its results for the fourth quarter and full year ended December 31, 2023, as well as outlook for 2024. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (855) 327-6837, or for international callers +1 (

Record Third Quarter Bookings of $676 million 10+ GWh Software and Services Agreement with SB Energy Expect Full-Year Adjusted EBITDA Positive in 2024 Outlook The Company expects to achieve adjusted EBITDA positive in 2H 2023, which reflects an adjustment to exclude the impact of a $37.4 million reduction in revenue(1) Expect full year adjusted EBITDA positive in 2024, with no expectation of a need for additional equity issuance to achieve goal Revenue growth poised for strong momentum Q3 2023 bookings of $676.4 million (~2x guidance for the quarter) Solar asset performance management backlog up +41% YoY Service revenue growth expected to accelerate; SB Energy agreeme

Stem, Inc. (NYSE:STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, will hold a conference call on Thursday, November 2, 2023, to discuss its financial results for the quarter ended September 30, 2023. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (855) 327-6837, or for international callers (631) 891-4304, and referencing Stem.

Strong Second Quarter Revenue of $93 million, Above Midpoint of Guidance Range Ameresco (313 MWh) and Hungary (304 MW) Projects Highlight FTM Momentum Technology Leadership Further Recognized By Third-Party Awards Reaffirm Full-Year 2023 Financial and Operating Guidance Second Quarter 2023 Financial and Operating Highlights Financial Highlights Revenue of $93.0 million, up from $66.9 million (+39%) in Q2 2022 GAAP gross margin of 13%, up from 12% in Q2 2022 Non-GAAP gross margin of 18%, up from 17% in Q2 2022 Net income of $19.1 million versus net loss of $32.0 million in Q2 2022 Adjusted EBITDA of $(9.5) million versus $(11.1) million in Q2 2022 Ended Q2 with $1

Stem, Inc. (NYSE:STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, will hold a conference call on Thursday, August 3, 2023, to discuss its financial results for the quarter ended June 30, 2023. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (855) 327-6837, or for international callers (631) 891-4304 and referencing Stem. A repla

Record First Quarter Revenue of $67 million, Above High End of Guidance Range Accelerating Growth in Software Services Reaffirm Full-Year 2023 Financial and Operating Guidance Recognized as Largest Energy Storage Virtual Power Plant Operator in North America by Wood Mackenzie First Quarter 2023 Financial and Operating Highlights Financial Highlights Record Q1 revenue of $67 million, up from $41 million (+63%) in Q1 2022 GAAP gross margin of 1%, down from 9% in Q1 2022 Non-GAAP gross margin of 19%, up from 16% in Q1 2022 Net loss of $45 million versus net loss of $22 million in Q1 2022 Adjusted EBITDA of $(14) million versus $(13) million in Q1 2022 Ended the quar

Stem, Inc. (NYSE:STEM), a global leader in AI-driven clean energy solutions and services, will hold a conference call on Thursday, May 4, 2023, to discuss its financial results for the quarter ended March 31, 2023. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (855) 327-6837, or for international callers (631) 891-4304, and referencing Stem. A replay will be available shortl

Record full year 2022 revenue of $363 million, nearly triple full year 2021 revenue Introducing full-year 2023 guidance and reaffirm plan to achieve positive adjusted EBITDA in 2H'2023 Extending EV charging offering with ChargePoint partnership Fourth Quarter and Full Year 2022 Financial and Operating Highlights Financial Highlights – Fourth Quarter 2022 Record Revenue of $156 million, up from $53 million (+194%) in Q4 2021 and sequentially up 56% versus Q3 2022 revenue of $100 million GAAP Gross Margin of 8%, up from (3)% in Q4 2021 Non-GAAP Gross Margin of 11%, up from 5% in Q4 2021 Net Loss of $35 million versus Net Loss of $34 million in Q4 2021 Adjusted EBITDA of $(10) mi

Stem, Inc. (NYSE:STEM), a global leader in AI-driven clean energy software and services, will hold a conference call on Thursday, February 16, 2023, to discuss its financial results for the quarter ended December 31, 2022, and business outlook for 2023. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (855) 327-6837, or for international callers, (631) 891-4304, and referencing Ste

Record quarterly revenue of $100 million, above high end of guidance Reaffirm FY 2022 financial and operating guidance Athena® ranked #1 for innovation in optimization and trading platforms by Frost & Sullivan Third Quarter 2022 Financial and Operating Highlights Financial Highlights Record Revenue of $100 million, up from $40 million (+150%) in Q3 2021 and sequentially up 49% from Q2 of $67 million GAAP Gross Margin of 9%, up from 8% in Q3 2021 Non-GAAP Gross Margin of 13%, in-line with 13% in Q3 2021 Net Loss of $34 million versus Net Income of $116 million in Q3 2021 Adjusted EBITDA of $(13) million versus $(7) million in Q3 2021 Ended Q3 2022 with $294 million in cash, c

Stem, Inc. (NYSE:STEM), a global leader in AI-driven clean energy solutions and services, will hold a conference call on Thursday, November 3, 2022, to discuss its financial results for the quarter ended September 30, 2022 and business outlook. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (888) 999-6281, or for international callers, (848) 280-6550, and referencing Stem. A rep

Quarterly revenue 5% above high end of guidance Raise FY 2022 Bookings and CARR guidance AlsoEnergy integration and synergies on track Second Quarter 2022 Financial and Operating Highlights Financial Highlights Revenue of $67 million, up from $19 million (+246%) in Q2 2021 GAAP Gross Margin of 12%, up from (1)% in Q2 2021 Non-GAAP Gross Margin of 17%, up from 8% in Q2 2021 Net Loss of $32 million versus $100 million in Q2 2021 Adjusted EBITDA of $(11) million versus $(8) million in Q2 2021 Ended Q2 2022 with $335 million in cash, cash equivalents, and short-term investments Operating Highlights 12-month Pipeline of $5.6 billion, up from $5.2 billion (+8%) at the end of Q

Stem, Inc. (NYSE:STEM), a global leader in artificial intelligence (AI)-driven energy software and services, will hold a conference call on Thursday, August 4, 2022, to discuss its financial results for the quarter ended June 30, 2022 and business outlook. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (855) 327-6837, or for international callers, (631) 891-4304 and referencing S

Stem, Inc. (NYSE:STEM), a global leader in artificial intelligence (AI)-driven energy software and services, will hold a conference call on Thursday, May 5, 2022, to discuss its financial results for the quarter ended March 31, 2022. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (844) 200-6205, or for international callers, (833) 950-0062, and using access code 015694. A replay

Company on track to execute on bookings in excess of $1 billion over 18 months Strong bookings and expansion of Athena® platform drive momentum into 2022 Initiate full-year 2022 revenue guidance of $350-$425 million Fourth Quarter and Full-Year 2021 Financial and Operating Highlights Financial Highlights – Fourth Quarter 2021 Record revenues of $52.8 million, up from $18.6 million (+184%) in Q4 2020 GAAP Gross Margin of (3)% versus 5% in Q4 2020 Non-GAAP Gross Margin of 6% versus 13% in Q4 2020 Net Loss of $(34.1) million versus Net Loss of $(100.9) million in Q4 2020 Adjusted EBITDA of $(12.4) million versus $(5.1) million in Q4 2020 Ended the fourth quarter with $921 milli

Stem, Inc. ("Stem" or "the Company") (NYSE:STEM), a global leader in artificial intelligence (AI)-driven energy storage software and services, will hold a conference call on Thursday, February 24, 2022 to discuss its financial results for the fourth quarter and full year ended December 31, 2021. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued prior to the call at approximately 4:05 p.m. Eastern Time. During the conference call, Stem will provide guidance for full year 2022, inclusive of its recently completed acquisition of AlsoEnergy. The conference call may be accessed via a live webcast on a listen-only basis on

Acquisition to combine two software-focused renewable energy companies leading the energy transition Accretive transaction expected to accelerate Stem's growing, recurring software revenue and increase margins Underscores Stem's focus on expanding global reach and delivering high-margin software products to front-of-meter and commercial & industrial customers Expands assets under management by 32.5 GW and international presence to 50+ countries Stem, Inc. ("Stem" or "the Company") (NYSE:STEM), a global leader in artificial intelligence (AI)-driven energy storage software and services, and Also Energy Holdings, Inc. ("AlsoEnergy"), a global leader in solar asset management software, anno

Company achieves record revenue, gross margin, backlog, pipeline and AUM Continued expansion of Athena® platform drives strong momentum into 2022 Stem, Inc. ("Stem" or the "Company") (NYSE:STEM), a global leader in artificial intelligence (AI)-driven energy storage services, announced today its financial results for the third quarter ended September 30, 2021. Third Quarter 2021 Financial and Operating Highlights Financial Highlights Record revenues of $39.8 million, up from $9.2 million (+334%) in the same quarter last year Record Gross Margin (GAAP) of 8% versus (19)% in the same quarter last year Non-GAAP Gross Margin of 15% versus 8% in the same quarter last year Net Income o

Stem, Inc. ("Stem" or "the Company") (NYSE:STEM), a global leader in artificial intelligence (AI)-driven energy storage services, announced today that it will hold a conference call on Tuesday, November 9, 2021 to discuss its financial results for the quarter ended September 30, 2021. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued prior to the call at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis on the Events & Presentations page of the Investor Relations section of the Company's website at https://investors.stem.com/events-and-presentations. Th

Revenue at high end of guidance Company reaffirms 2021 financial guidance Stem, Inc. ("Stem" or the "Company") (NYSE:STEM), a global leader in artificial intelligence (AI)-driven clean energy storage services, announced today its financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial and Operating Highlights Financial Highlights Revenues of $19.3 million, up from $4.4 million (+339%) in the same quarter last year Gross Margin (GAAP) of (1)% versus (40)% in the same quarter last year Non-GAAP Gross Margin of 11%, up from 5% in the same quarter last year Net Loss of $(100.2) million versus $(19.0) million in the same quarter last year Adjuste

Stem, Inc. ("Stem" or "the Company") (NYSE:STEM), a global leader in artificial intelligence (AI)-driven energy storage services, announced today that it will hold a conference call on Wednesday, August 11, 2021 to discuss its financial results for the quarter ended June 30, 2021. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at 4:05 p.m. Eastern Time prior to the call. The conference call may be accessed via a live webcast on a listen-only basis on the Events & Presentations page of the Investor Relations section of the Company's website at https://investors.stem.com/events-and-presentations. The call can also be