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Stem (STEM) Revenue & Revenue Breakdown

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Stem Revenue Highlights

Latest Revenue (Y)

$144.58M

Latest Revenue (Q)

$29.29M

Main Segment (Y)

Service

Main Geography (Y)

UNITED STATES

Stem Revenue by Period

Stem Revenue by Year

DateRevenueChange
2024-12-31$144.58M-68.67%
2023-12-31$461.51M27.15%
2022-12-31$362.98M184.98%
2021-12-31$127.37M250.82%
2020-12-31$36.31M106.85%
2019-12-31$17.55M149.60%
2018-12-31$7.03M-

Stem generated $144.58M in revenue during NA 2024, up -68.67% compared to the previous quarter, and up 823.75% compared to the same period a year ago.

Stem Revenue by Quarter

DateRevenueChange
2024-09-30$29.29M-13.85%
2024-06-30$34.00M33.49%
2024-03-31$25.47M-84.79%
2023-12-31$167.42M25.19%
2023-09-30$133.74M43.89%
2023-06-30$92.95M37.89%
2023-03-31$67.41M-56.64%
2022-12-31$155.44M56.22%
2022-09-30$99.50M48.63%
2022-06-30$66.95M62.94%
2022-03-31$41.09M-22.15%
2021-12-31$52.78M32.50%
2021-09-30$39.83M105.99%
2021-06-30$19.34M25.40%
2021-03-31$15.42M-17.30%
2020-12-31$18.65M103.29%
2020-09-30$9.17M109.45%
2020-06-30$4.38M6.52%
2020-03-31$4.11M-42.29%
2019-12-31$7.12M100.00%
2019-09-30--

Stem generated $29.29M in revenue during Q3 2024, up -13.85% compared to the previous quarter, and up 31.51% compared to the same period a year ago.

Stem Revenue Breakdown

Stem Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Hardware$103.25M$407.55M$212.27M$48.04M
Service$398.26M$348.06M$322.64M$169.76M
Partnership Hardware And Service--$280.40M-

Stem's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service (79.41%), and Hardware (20.59%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Hardware-$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-$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 Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22
Non-US$5.18M$18.07M$9.19M
UNITED STATES$139.41M$443.45M$353.79M

Stem's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (96.42%), and Non-US (3.58%).

Quarterly Revenue by Country

CountryDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Non-US$2.14M$1.87M$1.18M$8.74M$3.94M$3.31M$2.08M$3.13M$1.69M$2.75M-
UNITED STATES$87.69M$27.43M$24.29M$158.68M$129.80M$89.64M$65.33M$152.32M$97.81M$64.20M$39.46M
Rest Of The World----------$1.63M

Stem's latest quarterly revenue breakdown by geography, as of Dec 24: UNITED STATES (97.62%), and Non-US (2.38%).

Stem Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
PAGSPagSeguro Digital$15.68B$2.37B
PANWPalo Alto Networks$8.03B$2.26B
CRWDCrowdStrike$3.95B$1.01B
PLTRPalantir$2.87B$725.52M
OKTAOkta$2.61B$665.00M
ZSZscaler$2.17B$647.90M
MDBMongoDB$2.01B$529.38M
NETCloudflare$1.67B$430.08M
PATHUiPath$1.43B$316.25M
GCTGigaCloud$1.16B$303.32M
PGYPagaya$1.03B$257.23M
AFRMAffirm$674.61M$244.90M
DLODLocal$650.35M$184.43M
STEMStem$144.58M$29.29M
ALARAlarum$26.50M$8.38M

STEM Revenue FAQ

What is Stem’s yearly revenue?

Stem's yearly revenue for 2024 was $144.58M, representing a decrease of -68.67% compared to 2023. The company's yearly revenue for 2023 was $461.52M, representing an increase of 27.15% compared to 2022. STEM's yearly revenue for 2022 was $362.98M, representing an increase of 184.98% compared to 2021.

What is Stem’s quarterly revenue?

Stem's quarterly revenue for Q3 2024 was $29.29M, a -13.85% decrease from the previous quarter (Q2 2024), and a -78.10% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $34M, a 33.49% increase from the previous quarter (Q1 2024), and a -63.42% decrease year-over-year (Q2 2023). STEM's quarterly revenue for Q1 2024 was $25.47M, a -84.79% decrease from the previous quarter (Q4 2023), and a -62.21% decrease year-over-year (Q1 2023).

What is Stem’s revenue growth rate?

Stem's revenue growth rate for the last 3 years (2022-2024) was -60.17%, and for the last 5 years (2020-2024) was 298.23%.

What are Stem’s revenue streams?

Stem's revenue streams in c 24 are Hardware, and Service. Hardware generated $103.25M in revenue, accounting 20.59% of the company's total revenue, down -74.67% year-over-year. Service generated $398.26M in revenue, accounting 79.41% of the company's total revenue, up 14.42% year-over-year.

What is Stem’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Stem was Service. This segment made a revenue of $398.26M, representing 79.41% of the company's total revenue.