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Stem

STEM

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LongbridgeAI

Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top line but significantly beat margin and EPS expectations. Revenue of $33.7M fell -8.2% below the $36.6M consensus as the strategic pivot away from battery hardware resale accelerated. However, GAAP gross margin of 41.3% (calculated) substantially exceeded the 46.6% "normalized" mean (given GAAP reported beat the 33% YoY). GAAP EPS of -$1.58 beat the consensus mean of -$1.83, supported by a 19% YoY reduction in operating expenses following aggressive restructuring and headcount reductions.

Financial report interval: 2026.03.30 - 2026.06.30

Overview: Stem(STEM) the Revenue is 33.65 M (-12.3%), Miss estimate;the EBIT is -7.671 M (+42.51%), Beat estimate;the EPS is -1.58 (+11.73%), Beat estimate.

Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.03B12.30%
0.04B4.51%
-0.00B7.79%
EBITExceed expectations
-0.01B42.51%
-0.01B29.91%
+0.00B12.60%
EPSExceed expectations
-1.5811.73%
-1.83472.50%
+0.254714.23%

Revenue

ActualEstimateUnit: USD
qf

EBIT

ActualEstimateUnit: USD
qf

Net income

ActualEstimateUnit: USD
qf

EPS

ActualEstimateUnit: USD
qf