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Stem, Inc. provides AI-enabled clean energy software, services and edge hardware for energy storage and renewable energy assets. The company’s updates center on its PowerTrack software suite, including energy management, asset monitoring, optimization, utility dispatch, grid coordination and telemetry for battery energy storage systems and solar portfolios.
Recurring news also covers quarterly results, recurring software revenue, gross margin and adjusted EBITDA trends; customer deployments for utility-scale and behind-the-meter storage; partnerships around battery management and control systems; and completed software asset acquisitions that add automated fault detection and event-management capabilities to PowerTrack.
Stem (NYSE: STEM) announced that Copec Flux will deploy its PowerTrack Energy Management System at the 135 MW Granja Solar project in Chile, which is being retrofitted with a 420 MWh battery energy storage system.
The project makes PowerTrack the master control system for a hybrid solar-plus-storage facility, supporting monitoring, controls, and operational visibility. It is expected to serve as a reference model for future utility-scale hybrid projects in Chile, Colombia, and broader Latin American markets.
Stem (NYSE:STEM) entered a services agreement with Bluesphere Ventures to advise on standalone battery storage projects in New York's VDER program. Stem will provide revenue modeling, market analysis, and LL97 optimization for projects in ConEd territory, using operational data and real dispatch logic.
Stem (NYSE: STEM) reported 1Q26 results: revenue $29.0M (down 11% YoY), software/services/edge hardware $29.0M (up 4% YoY), GAAP gross margin 38%, non-GAAP gross margin 52%, adjusted EBITDA $2.0M (positive). Ended 1Q26 with $36.6M cash and reaffirmed full-year 2026 guidance: revenue $140–$190M, adjusted EBITDA $10–$15M, year-end ARR $65–$70M.
Operational highlights: PowerTrack software revenue +16% YoY, ARR $61.2M, solar operating AUM 37.5 GW, contracted backlog $23.0M.
Stem (NYSE: STEM) and Nuvation Energy agreed to co-market a fully North American-made BESS control stack combining Stem's PowerTrack EMS and Unit Controller with Nuvation's Battery Management System (BMS).
The integrated solution targets secure, compliant, domestically sourced control electronics, includes joint performance validation, and aligns go-to-market and sales coordination while preserving independent commercial structures.
Stem (NYSE: STEM) acquired the software assets of Vienna-based raicoon to add automated fault detection and event management to its PowerTrack™ platform. The deal targets faster identification, prioritization, and resolution of solar asset performance issues and aligns with Stem's 2026 priority to strengthen core software and customer value.
Raicoon’s analytics, already deployed across European solar portfolios, will be integrated into PowerTrack over time; existing raicoon customers will remain supported and gain access to Stem’s global resources.
Stem (NYSE: STEM) will hold a conference call on Wednesday, May 6, 2026 at 5:00 p.m. Eastern Time to discuss results for the quarter ended March 31, 2026. A press release is scheduled for approximately 4:05 p.m. Eastern Time on the same day.
The call is listen-only via a live webcast at https://investors.stem.com/events-and-presentations or by telephone at (877) 407-3982 (U.S.) and (201) 493-6780 (international). A replay (passcode 13757929) will be available through June 6, 2026, and the webcast archive will remain on Stem's investor site for 12 months.
Stem (NYSE:STEM) reported full year 2025 revenue of $156.3M (up 8% YoY) and GAAP gross profit of $60.0M with 38% GAAP gross margin. The company achieved first-ever full year positive Adjusted EBITDA of $6.7M and ended 4Q25 with $48.9M cash.
Stem grew software, services, and edge hardware revenue 25% to $141.4M, provided 2026 guidance targeting $10–$15M adjusted EBITDA and $65–$70M year-end ARR.
Stem (NYSE: STEM) said its PowerTrack™ Energy Management System was selected for two German utility-scale battery projects totaling 100 MWh—90 MWh at Kölsa (co-located with PV) and 10 MWh at Elsterwerda.
Commercial operations are expected in summer 2026. Stem will provide EMS, engineering integration, and vendor-neutral plant control, with PowerTrack certified to VDE-AR-N 4110, 4120, 4130.
Stem (NYSE: STEM) will hold a conference call on Wednesday, March 4, 2026 at 5:00 p.m. ET to discuss fourth quarter and full year results for the period ending December 31, 2025. A press release will be issued at approximately 4:05 p.m. ET.
Investors can listen via a live webcast at https://investors.stem.com/events-and-presentations or by phone at (877) 407-3982 (U.S.) and (201) 493-6780 (international). A replay (passcode 13751335) is available until April 4, 2026, and an archived webcast will remain on the investor site for 12 months.
Stem (NYSE: STEM) announced on December 9, 2025 a partnership with a clean energy asset owner to operate and optimize a four-site battery energy storage portfolio serving a Southern California water utility.
The portfolio includes one hybrid solar+storage site and will deliver services using Stem’s PowerTrack software for transition coordination, real-time monitoring, issue resolution, warranty and field service management, enrollment and dispatch into California Demand Response programs, and performance reporting.
Stem said the work aims to improve performance, reliability, cost savings, and revenue opportunities while aligning dispatch with performance guarantees.