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Revenue by Segment
Breaks down revenue across different business segments, revealing which areas are most lucrative and where there may be opportunities or challenges.Stem Inc.'s Services segment is showing robust growth, with a notable surge in late 2024, aligning with the company's focus on software and recurring revenue. The earnings call highlights record software revenue and strategic shifts away from the capital-intensive hardware business, which has seen fluctuating performance. Despite challenges like negative operating cash flow and workforce reductions, Stem's strategic debt reduction and introduction of new AI-enabled software offerings position it well for future growth, emphasizing a pivot towards higher-margin, recurring revenue streams.
Date | Services | Hardware |
|---|---|---|
Jun 30, 2025 | $20.85M | $17.01M |
Mar 31, 2025 | $17.72M | $14.79M |
Dec 31, 2024 | $15.72M | $40.10M |
Sep 30, 2024 | $22.14M | $7.15M |
Jun 30, 2024 | $15.10M | $18.90M |
Mar 31, 2024 | $14.84M | $10.63M |
Dec 31, 2023 | $14.92M | $152.51M |
Sep 30, 2023 | $16.60M | $117.14M |
Jun 30, 2023 | $16.36M | $76.59M |
Mar 31, 2023 | $14.67M | $52.73M |