Revenue Growth
Stem reported Q3 2025 revenue of $38 million, up 31% year-over-year. ARR grew 17% year-over-year to $60 million.
Positive Adjusted EBITDA and Operating Cash Flow
The company achieved its second consecutive quarter of positive adjusted EBITDA and generated positive operating cash flow of $11 million.
Software-Centric Strategy Success
The strategic transformation is delivering results with growth in software and services revenue and improved profitability metrics.
PowerTrack EMS Launch
Launched PowerTrack EMS for hybrid and stand-alone storage projects, expanding the total addressable market and receiving strong customer reception.
International Expansion
Efforts to expand in European markets with new operations in Berlin and leveraging regional expertise.
Guidance Improvement
Tightened guidance ranges, indicating improved forecasting accuracy and confidence in the business stability.