STEM News & Events

Sees FY26 adjusted EBITDA $10M-$15M.

Reports Q4 revenue $47.2M, consensus $39.4M. "2025 was a transformative year that fundamentally reshaped Stem into a software-centric, operationally disciplined organization," stated Arun Narayanan, Chief Executive Officer of Stem. "We delivered on every commitment we made, successfully launched two innovative products, PowerTrack(TM) EMS and PowerTrack Sage, and established the operational foundation to support sustainable growth. Most importantly, we've positioned Stem to capitalize on what we view as the massive clean energy opportunity ahead. In 2026, we are focused on continuing to strengthen our core business while developing new products and offerings, driving operational leverage, and building the foundation for accelerated growth in 2027 and beyond."

Stem announced that its board has increased the size of the board from seven to eight directors and appointed Arun Narayanan, Stem's CEO, to serve as a Class I Director, effective Dec. 1. Since joining Stem as CEO in January 2025, Narayanan has led the company's strategic execution, driving focus on the PowerTrack software platform and achieving significant operational milestones, including positive adjusted EBITDA and accelerating software revenue growth.