Stem, Inc. (STEM) stock

STEMNYSEServices-Computer Integrated Systems DesignFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026Score 2/30

$2.49+0.13 (+5.51%)

Close on Nov 11, 2026Market cap $23.97MP/E –Yield –

Stem r&d expenses

Research and development expenses are spending on new products and technology.

Stem's R&D Expenses for the twelve months ending Jun 30, 2026 was $27.01M, down 37.5% year over year. For fiscal 2025 it was $35.30M, down 31.2% from the year before. The highest annual figure on record is $56.51M in fiscal 2023.

Annual r&d expenses

Period	Period end	Value	Change
FY2025	Dec 31, 2025	$35.30M	-31.2%
FY2024	Dec 31, 2024	$51.28M	-9.2%
FY2023	Dec 31, 2023	$56.51M	+47.5%
FY2022	Dec 31, 2022	$38.30M	+68.6%
FY2021	Dec 31, 2021	$22.72M	+42.5%
FY2020	Dec 31, 2020	$15.94M	+8.4%
FY2019	Dec 31, 2019	$14.70M	–

Quarterly r&d expenses

Change is against the same quarter a year earlier.

Period	Period end	Value	Change
Q2 FY2026	Jun 30, 2026	$6.46M	-35.4%
Q1 FY2026	Mar 31, 2026	$6.58M	-42.0%
Q4 FY2025	Dec 31, 2025	$7.06M	-34.5%
Q3 FY2025	Sep 30, 2025	$6.92M	-37.6%
Q2 FY2025	Jun 30, 2025	$9.99M	-34.6%
Q1 FY2025	Mar 31, 2025	$11.33M	-19.9%
Q4 FY2024	Dec 31, 2024	$10.78M	-25.6%
Q3 FY2024	Sep 30, 2024	$11.09M	-23.1%
Q2 FY2024	Jun 30, 2024	$15.28M	+7.9%
Q1 FY2024	Mar 31, 2024	$14.14M	+5.1%
Q4 FY2023	Dec 31, 2023	$14.49M	+46.8%
Q3 FY2023	Sep 30, 2023	$14.42M	+37.0%
Q2 FY2023	Jun 30, 2023	$14.16M	+57.9%
Q1 FY2023	Mar 31, 2023	$13.44M	+50.3%
Q4 FY2022	Dec 31, 2022	$9.87M	+36.7%
Q3 FY2022	Sep 30, 2022	$10.53M	+67.9%
Q2 FY2022	Jun 30, 2022	$8.96M	+85.7%
Q1 FY2022	Mar 31, 2022	$8.94M	+102.9%
Q4 FY2021	Dec 31, 2021	$7.22M	+87.2%
Q3 FY2021	Sep 30, 2021	$6.27M	+24.1%
Q2 FY2021	Jun 30, 2021	$4.83M	+33.4%
Q1 FY2021	Mar 31, 2021	$4.41M	–
Q4 FY2020	Dec 31, 2020	$3.86M	–
Q3 FY2020	Sep 30, 2020	$5.05M	–
Q2 FY2020	Jun 30, 2020	$3.62M	–