🟢 Stem is trading 26.24% up today after record margins and stronger adjusted EBITDA

Stem is trading at $6.88 (+26.24%) after investors focused on record profitability in the August 12, 2026 earnings report.

• Non-GAAP gross margin reached a record 55%, versus 49% year over year.
• Adjusted EBITDA rose 63% to $6.2 million, while bookings increased 39% sequentially.
• Management reaffirmed 2026 revenue and adjusted EBITDA guidance; the revenue miss remains a counterpoint as the market emphasizes improving margins and recurring software growth.