Filing Flows › Stem (STEM) › R&D spending
Stem (STEM) R&D spending by quarter
Stem's R&D spending was $6.6M in Q1 2026 (first quarter 2026), -7% from Q4 2025. Over the last 6 quarters it ranged from $6.6M (Q1 2026) to $11.3M (Q1 2025).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q1 2026 | $6.6M | -7% | -42% |
| Q4 2025 | $7.1M | +2% | -35% |
| Q3 2025 | $6.9M | -31% | — |
| Q2 2025 | $10.0M | -12% | — |
| Q1 2025 | $11.3M | +5% | — |
| Q4 2024 | $10.8M | — | — |
Q1 2026 at a glance
Stem, Q1 2026: revenue $29.0M (-11% year over year), operating margin -49.0%, net loss $18.9M, operating cash flow −$8.3M. The chart follows the revenue to costs, profit and cash.
Questions
What is Stem's R&D spending?
Stem's R&D spending was $6.6M in Q1 2026 (first quarter 2026), -7% from Q4 2025.
How has Stem's R&D spending changed?
Over the last 6 quarters it ranged from $6.6M (Q1 2026) to $11.3M (Q1 2025).