STEM, INC. (STEM) — Cost of Revenue

Annual figures by fiscal year, from SEC filings.

2019: $20.81M2020: $40.22M2021: $126.12M2022: $329.89M2023: $457.85M2024: $155.64M2025: $96.31M$96.31M
2019Cost of Revenue (USD)2025
Fiscal YearCost of RevenueChange YoY
2025$96.31M-38.1%
2024$155.64M-66.0%
2023$457.85M+38.8%
2022$329.89M+161.6%
2021$126.12M+213.6%
2020$40.22M+93.2%
2019$20.81M