secwatch.observer — SEC 8-K summary
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Issuer:     STEM, INC. (STEM)
CIK:        0001758766
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001758766-25-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758766/000175876625000010/0001758766-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758766/000175876625000010/stem-20250429.htm
  HTML page:      https://secwatch.observer/filing/0001758766-25-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer