Stem (STEM) Revenue & Revenue Breakdown
Stem Revenue Highlights
Latest Revenue (Y)
$156.27M
Latest Revenue (Q)
$38.24M
Main Segment (Y)
Service
Main Geography (Y)
UNITED STATES
Stem Revenue by Period
Stem Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2025-12-31 | $156.27M | 8.08% |
| 2024-12-31 | $144.58M | -68.67% |
| 2023-12-31 | $461.51M | 27.15% |
| 2022-12-31 | $362.98M | 184.98% |
| 2021-12-31 | $127.37M | 250.82% |
| 2020-12-31 | $36.31M | 106.85% |
| 2019-12-31 | $17.55M | 149.60% |
| 2018-12-31 | $7.03M | - |
Stem generated $156.27M in revenue during NA 2025, up 8.08% compared to the previous quarter, and up 430.40% compared to the same period a year ago.
Stem Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-09-30 | $38.24M | -0.36% |
| 2025-06-30 | $38.37M | 18.03% |
| 2025-03-31 | $32.51M | -41.76% |
| 2024-12-31 | $55.83M | 90.59% |
| 2024-09-30 | $29.29M | -13.85% |
| 2024-06-30 | $34.00M | 33.49% |
| 2024-03-31 | $25.47M | -84.79% |
| 2023-12-31 | $167.42M | 25.19% |
| 2023-09-30 | $133.74M | 43.89% |
| 2023-06-30 | $92.95M | 37.89% |
| 2023-03-31 | $67.41M | -56.64% |
| 2022-12-31 | $155.44M | 56.22% |
| 2022-09-30 | $99.50M | 48.63% |
| 2022-06-30 | $66.95M | 62.94% |
| 2022-03-31 | $41.09M | -22.15% |
| 2021-12-31 | $52.78M | 32.50% |
| 2021-09-30 | $39.83M | 105.99% |
| 2021-06-30 | $19.34M | 25.40% |
| 2021-03-31 | $15.42M | -17.30% |
| 2020-12-31 | $18.65M | 103.29% |
| 2020-09-30 | $9.17M | 109.45% |
| 2020-06-30 | $4.38M | 6.52% |
| 2020-03-31 | $4.11M | -42.29% |
| 2019-12-31 | $7.12M | 100.00% |
| 2019-09-30 | - | - |
Stem generated $38.24M in revenue during Q3 2025, up -0.36% compared to the previous quarter, and up 112.47% compared to the same period a year ago.
Stem Revenue Breakdown
Stem Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Service | $87.70M | $67.81M | $348.06M | $322.64M | $169.76M |
| Hardware | $68.57M | $76.77M | $407.55M | $212.27M | $48.04M |
| Partnership Hardware And Service | - | - | - | $280.40M | - |
Stem's latest annual revenue breakdown by segment (product or service), as of Dec 25: Service (56.12%), and Hardware (43.88%).
Quarterly Revenue by Product
| Product/Service | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hardware | $21.61M | $19.83M | $11.31M | $15.82M | - | $79.88M | $96.01M | - | $213.81M | $360.00M | $213.99M | $139.48M | $101.60M | $105.68M | $81.43M | $47.30M | $49.74M | $59.24M |
| Service | - | $18.41M | $14.26M | $394.07M | - | $336.59M | $344.56M | - | $331.52M | $407.03M | $327.15M | $15.96M | $264.19M | $258.08M | $232.14M | $5.48M | $157.49M | $130.56M |
Stem's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Hardware (100.00%).
Stem Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 25 | Dec 24 | Dec 23 | Dec 22 |
|---|---|---|---|---|
| Non-US | $7.73M | $5.18M | $18.07M | $9.19M |
| UNITED STATES | $148.53M | $139.41M | $443.45M | $353.79M |
| Service | - | $67.81M | - | - |
| Hardware | - | $76.77M | - | - |
Stem's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (95.05%), and Non-US (4.95%).
Quarterly Revenue by Country
| Country | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | $44.30M | $36.07M | $36.44M | $31.73M | $87.69M | $27.43M | $24.29M | $158.68M | $129.80M | $89.64M | $65.33M | $152.32M | $97.81M | $64.20M | $39.46M |
| Non-US | $2.85M | $2.17M | $1.94M | $779.00K | $2.14M | $1.87M | $1.18M | $8.74M | $3.94M | $3.31M | $2.08M | $3.13M | $1.69M | $2.75M | - |
| Service | - | - | - | $17.72M | - | - | - | - | - | - | - | - | - | - | - |
| Hardware | - | - | - | $14.79M | - | - | - | - | - | - | - | - | - | - | - |
| Rest Of The World | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.63M |
Stem's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (93.97%), and Non-US (6.03%).
Stem Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TTEC | TTEC | $2.14B | $519.14M |
| TEAD | Teads | $889.88M | $286.36M |
| LAWR | Robot Consulting Co., Ltd. ADS | $693.10M | - |
| TCX | Tucows | $390.30M | $98.56M |
| SANG | Sangoma | $252.53M | $82.69M |
| STEM | Stem | $156.27M | $38.24M |
| SVCO | Silvaco Group | $63.06M | $18.67M |
| XTKG | X3 | $16.82M | $10.24M |
| ARBE | Arbe Robotics | $1.47M | $137.00K |
| AISP | Airship AI | - | - |
| ARAI | Arrive AI | - | $7.45K |