Stem, Inc.
STEM Utilities Utilities Renewable
Stem, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $156.3 million, up 8.08% from fiscal 2024. In the quarter to June 2026, revenue fell 12.3%, EPS fell 106.5%, free cash flow grew 96.1% and total debt rose 2.31%, each against the same quarter a year earlier.
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Stem, Inc. (STEM) EV/Sales
As of 16 October 2026, Stem, Inc. (STEM) trades at a EV/Sales of 2.2×. Over the past ten years it has ranged from 0.0× (March 2021) to 49.0× (July 2021); the current reading is higher than 27% of that period. That is below the Utilities Renewable industry median of 5.1× and below the Utilities sector median of 4.4×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 2.6× | (36.13%) |
| FY2024 | 4.0× | 85.01% |
| FY2023 | 2.2× | (47.62%) |
| FY2022 | 4.2× | (62.52%) |
| FY2021 | 11.1× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 2.5× | 1.83% |
| Mar 2026 | 2.4× | (6.03%) |
| Dec 2025 | 2.6× | (0.85%) |
| Sep 2025 | 2.6× | 20.70% |
| 21 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| HTOO Fusion Fuel Green PLC compare | n/m |
| VGAS Verde Clean Fuels, Inc. compare | n/m |
| NXXT NextNRG Inc. compare | 0.1× |
| BESS Bimergen Energy Corporation compare | 1.0× |
| STEM Stem, Inc. | 2.2× |
| PBK PowerBank Corporation compare | 2.6× |
| SAFX XCF Global Capital, Inc. compare | 3.6× |
| AGIG Abundia Global Impact Group, Inc. compare | 15.7× |
| WAVE Eco Wave Power Global AB (publ) Unsponsored ADR compare | 70.1× |
| Utilities Renewable industry median | 5.1× |
| Utilities sector median | 4.4× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)