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Stem Q2 FY26 net loss turns to USD 14.4 million; revenue drops 12% to USD 33.7 million

PUBT
Aug 12, 2026 at 08:11 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Stem reported a Q2 FY26 net loss of $14.4 million, reversing from profit, with revenue dropping 12% to $33.7 million. Despite the loss, adjusted EBITDA rose 63% to $6.2 million, and bookings increased 39% to $36.8 million. The company reaffirmed its full-year guidance for revenue between $140-$190 million and adjusted EBITDA of $10-$15 million.

  • Stem posts Q2 revenue of $33.7 million, down 12% year over year; net loss of $14.4 million, swinging from profit. * GAAP gross margin widens 8 percentage points to 41%. * Adjusted EBITDA rises 63% to $6.2 million, marking a fifth straight quarter of positive results; operating cash flow improves to $0.3 million. * Bookings climb 39% from Q1 to $36.8 million; contracted backlog increases 18% to $27.1 million. * PowerTrack software revenue rises 11% year over year; guidance reaffirmed for revenue of $140-$190 million, adjusted EBITDA of $10-$15 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stem Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608121605BIZWIRE_USPR_____20260812_BW145336) on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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