Filing Flows › Stem (STEM) › Q2 2026 › vs Q1 2026
Stem (STEM) Q2 2026 vs Q1 2026 (quarter over quarter)
Stem's revenue rose $4.7M (+16%) from $29.0M in Q1 2026 to $33.7M in Q2 2026.
Stem, Q2 2026: revenue $33.7M (-12% year over year), operating margin -22.8%, net loss $14.4M, operating cash flow $342K. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $33.7M | $29.0M | $4.7M | +16% |
| Net loss | $14.4M | $18.9M | −$4.5M | -24% |
| Costs & expenses | $48.0M | $47.9M | $112K | +0.2% |
| Operating costs | $41.3M | $43.2M | −$1.9M | -4% |
| Interest & other, net | $6.7M | $4.6M | $2.1M | +46% |
| Income tax | $13K | $112K | −$99K | -88% |
| Cost of revenue | $19.8M | $18.1M | $1.6M | +9% |
| Operating expenses | $21.6M | $25.1M | −$3.5M | -14% |
| Operating cash sources | $14.7M | $10.6M | $4.1M | +39% |
| Depreciation & amortization | $11.4M | $10.5M | $956K | +9% |
| Share-based compensation | $1.5M | $2.0M | −$593K | -29% |
| Working capital & other | $1.8M | −$1.9M | $3.8M | — |
| Net loss absorbed | $14.4M | $18.9M | −$4.5M | -24% |
| Operating cash flow | $342K | −$8.3M | $8.7M | — |
Questions
How much did Stem's revenue grow quarter over quarter in Q2 2026?
Stem's revenue rose $4.7M (+16%) from $29.0M in Q1 2026 to $33.7M in Q2 2026.