---
schema_version: "secwatch.filing_event.v1"
accession: "0001758766-25-000010"
form_type: "8-K"
ticker: "STEM"
cik: "0001758766"
company_name: "STEM, INC."
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:58:48.223045+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stem Q1 revenue $32.5M (+27% YoY); first positive operating cash flow in history

## Summary
- GAAP gross margin 32% vs (95)% in 1Q24; non-GAAP gross margin 46% vs 24%.
- Net loss narrowed to $25.0M from $72.3M; Adjusted EBITDA -$4.6M vs -$12.2M.
- Operating cash flow of $8.5M, first positive quarter; cash balance $58.6M.
- ARR $56.9M (+8% sequential); CARR $69.0M (+7% sequential).
- Workforce reductions target $30M annualized cash savings; full-year guidance reaffirmed.

## SEC filing metadata
- accession: 0001758766-25-000010
- form_type: 8-K
- ticker: STEM
- cik: 0001758766
- company_name: STEM, INC.
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758766/000175876625000010/0001758766-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758766/000175876625000010/stem-20250429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001758766-25-000010
- JSON: https://secwatch.observer/filing/0001758766-25-000010.json
- Plain text: https://secwatch.observer/filing/0001758766-25-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.