{"schema_version":"secwatch.filing_event.v1","accession":"0001758766-26-000014","form_type":"8-K","ticker":"STEM","cik":"0001758766","company_name":"STEM, INC.","filed_at":"2026-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.094624+00:00","generated_at":"2026-05-15T21:45:15.069947+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stem achieves first positive annual adjusted EBITDA in FY25; guides to 85% growth in FY26","bullets":["FY25 revenue $156.3M (+8% YoY); net income $137.8M vs loss $854.0M; adjusted EBITDA $6.7M (first positive annual).","Q4 revenue $47.2M (-15% YoY) but non-GAAP gross margin improved to 45% from 36%; Q4 adjusted EBITDA $5.5M.","FY25 bookings $131.8M (+14%); ARR $61.1M (+16%); solar operating AUM 36.1 GW (+21% YoY).","FY26 guidance: targeting ~85% adjusted EBITDA growth and ~10% ARR expansion from FY25 levels."],"urls":{"canonical":"https://secwatch.observer/filing/0001758766-26-000014","json":"https://secwatch.observer/filing/0001758766-26-000014.json","markdown":"https://secwatch.observer/filing/0001758766-26-000014.md","text":"https://secwatch.observer/filing/0001758766-26-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1758766/000175876626000014/0001758766-26-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1758766/000175876626000014/stem-20260304.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T21:45:15.069947+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}