Stem (STEM) Revenue & Revenue Breakdown
Stem Revenue Highlights
Latest Revenue (Y)
$461.51B
Latest Revenue (Q)
$29.29M
Main Segment (Y)
Hardware
Main Geography (Y)
UNITED STATES
Stem Revenue by Period
Stem Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $461.51B | 127046.12% |
| 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 | - |
Stem generated $461.51B in revenue during NA 2023, up 127046.12% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Stem Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 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 $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/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Service | $348.06M | $322.64M | $169.76M |
| Hardware | $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 23: Hardware (53.94%), and Service (46.06%).
Quarterly Revenue by Product
| Product/Service | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
Stem's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Service (80.82%), and Hardware (19.18%).
Stem Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 |
|---|---|---|
| UNITED STATES | $443.45M | $353.79M |
| Non-US | $18.07M | $9.19M |
Stem's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (96.09%), and Non-US (3.91%).
Quarterly Revenue by Country
| Country | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Non-US | $1.87M | $1.18M | $8.74M | $3.94M | $3.31M | $2.08M | $3.13M | $1.69M | $2.75M | - |
| UNITED STATES | $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 Sep 24: UNITED STATES (93.63%), and Non-US (6.37%).
Stem Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| STEM | Stem | $461.51B | $29.29M |
| PAGS | PagSeguro Digital | $15.68B | $2.37B |
| PANW | Palo Alto Networks | $8.03B | $1.98B |
| CRWD | CrowdStrike | $3.06B | $963.87M |
| PLTR | Palantir | $2.23B | $678.13M |
| ZS | Zscaler | $2.17B | $553.20M |
| MDB | MongoDB | $1.68B | $478.11M |
| PATH | UiPath | $1.31B | $316.25M |
| NET | Cloudflare | $1.30B | $401.00M |
| PGY | Pagaya | $772.81M | $242.59M |
| GCT | GigaCloud | $703.83M | $310.87M |
| AFRM | Affirm | $674.61M | $159.29M |
| DLO | DLocal | $650.35M | $184.43M |
| IRNT | IronNet | $27.26M | $6.97M |
| ALAR | Alarum | $26.50M | $8.38M |
| OKTA | Okta | $2.26M | $646.00K |
STEM Revenue FAQ
What is Stem’s yearly revenue?
Stem's yearly revenue for 2023 was $461.52B, representing an increase of 127046.12% compared to 2022. The company's yearly revenue for 2022 was $362.98M, representing an increase of 184.98% compared to 2021. STEM's yearly revenue for 2021 was $127.37M, representing an increase of 250.82% compared to 2020.
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 (2021-2023) was 362239.15%, and for the last 5 years (2019-2023) was 2629315.45%.
What are Stem’s revenue streams?
Stem's revenue streams in c 23 are Service, and Hardware. Service generated $348.06M in revenue, accounting 46.06% of the company's total revenue, up 7.88% year-over-year. Hardware generated $407.55M in revenue, accounting 53.94% of the company's total revenue, up 92.00% year-over-year.
What is Stem’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Stem was Hardware. This segment made a revenue of $407.55M, representing 53.94% of the company's total revenue.