---
schema_version: "secwatch.filing_event.v1"
accession: "0001758766-25-000064"
form_type: "8-K"
ticker: "STEM"
cik: "0001758766"
company_name: "STEM, INC."
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:41:43.590414+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stem Q3 2025: revenue $38M (+31% YoY), adjusted EBITDA positive $2M, ARR $60M (+17% YoY)

## Summary
- Revenue $38.2M, up 31% YoY; GAAP gross margin 35% (vs 21% in 3Q24).
- Net loss narrowed to $23.8M from $148.3M in 3Q24, a $124.5M improvement.
- Adjusted EBITDA positive $2.0M, second consecutive quarter; vs $(3.5)M in 3Q24.
- ARR $60.2M, up 17% YoY and 3% QoQ, driven by software-focused strategy.
- Full-year 2025 guidance being refined and de-risked across nearly all metrics.

## SEC filing metadata
- accession: 0001758766-25-000064
- form_type: 8-K
- ticker: STEM
- cik: 0001758766
- company_name: STEM, INC.
- filed_at: 2025-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758766/000175876625000064/0001758766-25-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758766/000175876625000064/stem-20251029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001758766-25-000064
- JSON: https://secwatch.observer/filing/0001758766-25-000064.json
- Plain text: https://secwatch.observer/filing/0001758766-25-000064.txt

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