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Fall in Battery Hardware Resales Pulls Stem’s Q2 Revenue Down 12% YoY

The company reported a net loss of $14.38 million

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Energy storage company Stem’s revenue fell 12.3% year-over-year (YoY) to $33.65 million in the second quarter (Q2) of 2026 compared with $38.37 million, missing analysts’ estimates by $2.99 million.

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