{"schema_version":"secwatch.filing_event.v1","accession":"0001758766-23-000112","form_type":"8-K","ticker":"STEM","cik":"0001758766","company_name":"STEM, INC.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.133757+00:00","generated_at":"2026-06-12T08:56:19.433867+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stem Q2 revenue $93M (+39% YoY), net income $19.1M vs loss year ago","bullets":["Revenue $93.0M, up 39% YoY; GAAP gross margin 13% vs 12% prior year.","Net income of $19.1M vs net loss of $32.0M in Q2 2022; adjusted EBITDA -$9.5M.","Record contracted backlog $1.36B, up 88% YoY; CARR $74.9M, +30% YoY.","Bookings $236.4M, +5% YoY; contracted storage AUM 3.8 GWh, +9% sequentially.","Full-year 2023 guidance reaffirmed; expect positive adjusted EBITDA in H2 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001758766-23-000112","json":"https://secwatch.observer/filing/0001758766-23-000112.json","markdown":"https://secwatch.observer/filing/0001758766-23-000112.md","text":"https://secwatch.observer/filing/0001758766-23-000112.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000112/0001758766-23-000112-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000112/stem-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T08:56:19.433867+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"285f32112ff8b5ec44e5d27eee1a0115d0ce7ecd","claim":"STEM, INC. reported the three months ended June 30, 2023 results: revenue $93.0, net income $19.1. Guidance reaffirmed.","evidence_excerpt":"Results and Operating Metrics (in $ millions unless otherwise noted ): Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 Key Financial Results Revenue $ 93.0 $ 66.9 $ 160.4 $ 108.0 GAAP Gross Profit $ 11.9 $ 7.7 $ 12.9 $ 11.4 GAAP Gross Margin (%) 13 % 12 % 8 % 11 % Non-GAAP Gross Profit* $ 16.4 $ 11.3 $ 31.5 $ 17.9 Non-GAAP Gross","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000112/0001758766-23-000112-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Revenue","value":"$93.0"},{"label":"Net income","value":"$19.1"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9f5e9c72ea37273bbc5a0be2ff970bd10c534284","claim":"STEM, INC. reported the quarter ended June 30, 2023 results: revenue Revenue of $93.0 million, net income Net income of $19.1 million. Guidance reaffirmed.","evidence_excerpt":"Act”), except as expressly set forth by specific reference in such a filing. --- EX-99 (EX-99) --- Stem Announces Second Quarter 2023 Results Strong Second Quarter Revenue of $93 million , Above Midpoint of Guidance Range Ameresco (313 MWh) and Hungary (304 MW) Projects Highlight FTM Momentum Technology Leadership Further Recognized by Third-Party Awards Reaffirm","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1758766/000175876623000112/0001758766-23-000112-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"Revenue of $93.0 million"},{"label":"Net income","value":"Net income of $19.1 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}