secwatch.observer — SEC 8-K summary
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Issuer:     STEM, INC. (STEM)
CIK:        0001758766
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001758766-25-000064
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758766/000175876625000064/0001758766-25-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758766/000175876625000064/stem-20251029.htm
  HTML page:      https://secwatch.observer/filing/0001758766-25-000064

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