Stem Inc. A

Stem Inc. reported total revenue of $29m in Q1 2026 (‑11% year‑over‑year), while its core business of software, services and edge hardware grew 4%. Adjusted EBITDA was $2m versus -$5m in the year‑ago quarter, and gross margins improved markedly (GAAP 38% vs. 32%, non‑GAAP 52% vs. 46%). The company expects resumption of battery-hardware resales in the second half of the year and guides 2026 operating cash flow of $0–10m. The stock rose slightly in after‑hours trading. » Altro su de.investing.com

Stem acquires the software assets of Vienna-based raicoon GmbH, expanding its PowerTrack platform with automated fault detection and event management for solar installations. The raicoon technology identifies performance anomalies and generates work orders for remediation; existing customers will continue to be served unchanged. Stem plans to integrate the functions gradually, views the move as a strategic priority for 2026, and will publish quarterly results on May 1; the financial terms of the acquisition were not disclosed. » Altro su de.investing.com

Stem dismissed Deloitte & Touche as its independent registered public accounting firm; the audit committee appointed RSM US as successor, which will begin reviewing the quarter-end financials for March 31, 2026 and is to audit the consolidated financial statements for fiscal 2026. Deloitte’s reports for 2024 and 2025 were unmodified and there were no disagreements or reportable events. Stem simultaneously reported strong Q4 and full-year 2025 results with positive EBITDA, while UBS cut its price target to $12 and revised down EBITDA estimates for 2026–2028 due to slower software growth. » Altro su de.investing.com