What one share of Stem holds
In 2024, we announced a new business strategy that reflects a renewed focus on developing and marketing our AI-enabled software, edge and services offerings. This transition entailed significant operational changes during calendar years 2024 and 2025, including reduction of what had historically been the source of most of our revenue (battery resales), adjustments to the way we develop and market our products and services, and realignment of our business processes.
Stem’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-06-30; the balance sheet is as of 2026-06-30.
| Sales | $17.04 |
|---|---|
| Profit | −$8.41 |
| Capex (buildings and equipment) | −$0.01 |
| Free cash flow | $1.34 |
| Cash and investments | $4.00 |
| Book value | −$28.06 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2019 | $8.20 | −$30.26 | $0.00 | −$13.87 | — | −$11.46 |
| 2020 | $18.12 | −$82.67 | $0.01 | −$16.81 | — | −$88.26 |
| 2021 | $24.13 | −$19.18 | $0.11 | −$19.30 | — | $92.32 |
| 2022 | $47.32 | −$16.17 | $0.19 | −$14.02 | — | $71.39 |
| 2023 | $59.33 | −$18.05 | $0.19 | −$26.85 | — | $54.66 |
| 2024 | $17.91 | −$105.80 | $0.03 | −$4.57 | — | −$48.94 |
| 2025 | $18.41 | −$9.18 | $0.00 | $0.81 | — | −$29.38 |
Common questions about Stem
How much does one share of Stem earn?
Over the last 12 months, Stem lost $8.41 for each share on $17.04 of sales.
Does Stem pay a dividend?
Stem didn’t pay a dividend over the last 12 months, according to its SEC filings.
What is Stem’s book value per share?
Stem’s book value is negative (−$28.06 per share): it owes more than everything it owns is recorded at, often after years of buying back its own shares, as of June 30, 2026.
How much cash and debt does each share of Stem have?
Each share of Stem has $4.00 of cash and investments, as of June 30, 2026.
What is Stem’s free cash flow per share?
$1.34 per share over the last 12 months. Free cash flow is the cash left over after spending on buildings and equipment.
Has Stem bought back shares?
Stem’s share count rose about 297% from 2019 to 2025. That dilution means each share owns a smaller slice of the company.
From its SEC filings. For education only, not investment advice. New to these words? See the StockSlicer glossary.