Stem Reports Q1 Revenue of $29.0M, Below Consensus
Reports Q1 revenue $29.0M, consensus $34.61M. "Our first quarter 2026 performance demonstrated that the operational discipline and margin profile we established in 2025 are proving durable," stated Arun Narayanan, CEO of Stem. "Delivering positive adjusted EBITDA in our seasonally lightest-revenue quarter, combined with strong gross margins and continued PowerTrack momentum, underscores the strength of our execution and gives us confidence in our outlook. We continue to make meaningful progress against all three of our 2026 strategic priorities: driving operational leverage, strengthening our core business, and building the foundation for growth. Based on that progress, we are reaffirming our full year 2026 guidance across all metrics."
