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Stem (STEM) Gross Profit : $3.7 Mil (TTM As of Dec. 2023)


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What is Stem Gross Profit?

Stem's gross profit for the three months ended in Dec. 2023 was $11.1 Mil. Stem's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $3.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Stem's gross profit for the three months ended in Dec. 2023 was $11.1 Mil. Stem's Revenue for the three months ended in Dec. 2023 was $167.4 Mil. Therefore, Stem's Gross Margin % for the quarter that ended in Dec. 2023 was 6.62%.

Stem had a gross margin of 6.62% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of Stem was 9.12%. The lowest was -18.57%. And the median was 0.79%.


Stem Gross Profit Historical Data

The historical data trend for Stem's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stem Gross Profit Chart

Stem Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
-3.26 -3.91 1.25 33.09 3.67

Stem Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.53 0.99 11.87 -20.29 11.09

Competitive Comparison of Stem's Gross Profit

For the Software - Infrastructure subindustry, Stem's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stem's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Stem's Gross Profit distribution charts can be found below:

* The bar in red indicates where Stem's Gross Profit falls into.



Stem Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Stem's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=461.515 - 457.85
=3.7

Stem's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=167.424 - 156.333
=11.1

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.7 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Stem's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=11.1 / 167.424
=6.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Stem  (NYSE:STEM) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Stem had a gross margin of 6.62% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Stem Gross Profit Related Terms

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Stem (STEM) Business Description

Traded in Other Exchanges
Address
100 California Street, 14th Floor, San Francisco, CA, USA, 94111
Stem is a provider of energy storage systems. The company bundles third-party hardware with its proprietary Athena software to provide customers a turnkey solution. Stem sells its solutions to commercial and industrial customers as well as independent power producers and renewable developers. Its solutions help customers maximize renewable energy generation and help build a cleaner and more resilient grid. In 2022, the company acquired AlsoEnergy, a provider of solar asset management software.
Executives
Rahul Shukla officer: Chief Accounting Officer 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Michael James Carlson officer: Chief Operating Officer 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
David S Buzby director
Alan Russo officer: Chief Revenue Officer 100 ROLLINS ROAD, MILLBRAE CA 94030
Matthew Tappin officer: President, Asset Management 100 CALIFORNIA STREET, 14TH FLOOR, SAN FRANCISCO CA 94111
Lisa L Troe director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Saul R. Laureles officer: Chief Legal Officer 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
John Eugene Carrington director, officer: CEO and Director 350 WEST WASHINGTON STREET, SUITE 600, TEMPE AZ 85281
William John Bush officer: Chief Financial Officer 539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Kim Homenock officer: Chief People Officer 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Robert Schaefer officer: President, AlsoEnergy 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Larsh Johnson officer: Chief Technical Officer 100 ROLLINS RD, MILLBRAE CA 94030
Prakesh Patel officer: Chief Strategy Officer 100 ROLLINS ROAD, MILLBRAE CA 94030
Adam Daley director C/O MAGNETAR CAPITAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Anil Tammineedi director 100 ROLLINS RD, MILLBRAE CA 94030

Stem (STEM) Headlines

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