STEM, INC.
STEMNYSETechnology · Services-Computer Integrated Systems Design · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $156.3M | $144.6M | $461.5M | $363.0M | $127.4M | $36.3M |
| Operating income | −$55.7M | −$839.5M | −$179.3M | −$131.1M | −$83.1M | −$49.4M |
| Net income | $137.8M | −$854.0M | −$140.4M | −$124.1M | −$101.2M | −$156.1M |
| Total assets | $308.9M | $437.4M | $1.36B | $1.42B | $1.19B | $205.8M |
| Total liabilities | $557.9M | $835.2M | $930.3M | $869.7M | $524.0M | $383.3M |
| Equity | −$249.4M | −$398.4M | $426.2M | $551.6M | $667.8M | −$177.4M |
| EPS (diluted) | $-9.18 | $-105.80 | $-18.05 | $-0.81 | $-0.96 | $-4.13 |
| Shares out. | 164.1M | 157.8M | 154.6M | 153.4M | 144.7M | 0 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −35.6%
- Net margin
- 88.2%
- Return on equity
- −55.2%
- Return on assets
- 44.6%
- Return on capital (ROCE)
- −28.1%
- Liabilities / assets
- 180.6%
- Debt / equity
- —
- Book value / share
- $-1.52
- Revenue growth (YoY)
- 8.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -17.62distress
- Accruals / assets
- 42.4%high accruals
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 3 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- High leverage (liabilities > 70% of assets)
- High accruals — earnings-quality risk
- Revenue is growing year-over-year
- Positive operating cash flow
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Group IncPassive (13G)Jul 29, 2025
- Blackrock, Inc.Passive (13G)Jul 18, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Tappin MatthewOfficer — President, Software Products | Mar 11, 2026 | Sell | 402 | $10.83 |
| Tappin MatthewOfficer — President, Software Products | Mar 7, 2026 | Option exercise | 1,458 | — |
| Laureles Saul R.Officer — Chief Legal Officer | Mar 7, 2026 | Option exercise | 2,916 | — |
| Carlson Michael JamesOfficer — President, Managed Services | Mar 7, 2026 | Option exercise | 3,541 | — |
| Narayanan ArunOfficer — Chief Executive Officer | Mar 7, 2026 | Option exercise | 12,500 | — |
| Laureles Saul R.Officer — Chief Legal Officer | Mar 3, 2026 | Sell | 292 | $9.67 |
| Tappin MatthewOfficer — President, Software Products | Mar 3, 2026 | Sell | 300 | $9.67 |
| Laureles Saul R.Officer — Chief Legal Officer | Mar 1, 2026 | Option exercise | 904 | — |
| Tappin MatthewOfficer — President, Software Products | Mar 1, 2026 | Option exercise | 670 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 1.1M | 5.0 | +2.1% |
| Apr 30, 2026 | 1.1M | 9.0 | +0.7% |
| Apr 15, 2026 | 1.1M | 10.9 | +1.0% |
| Mar 31, 2026 | 1.0M | 7.9 | -2.7% |
| Mar 13, 2026 | 1.1M | 3.7 | +6.2% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operations · Regulation FD disclosureMay 6, 2026
- Changed auditorMar 17, 2026
- Other material eventMar 6, 2026
- Results of operations · Regulation FD disclosureMar 4, 2026
- Other material eventDec 19, 2025
- Director / officer changeDec 16, 2025
- Director / officer changeDec 3, 2025
- Results of operations · Regulation FD disclosureOct 29, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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