🟢 Stem is trading 6.59% up in after-hours trading after Q2 results showed record 55% gross margin

Stem is trading 6.59% up at $5.82 in after-hours trading after releasing Q2 2026 results following August 12 regular session, with record 55% non-GAAP gross margin and $6.2 million adjusted EBITDA despite revenue falling to $33.7 million from $38.4 million and missing expectations.

• Management reaffirmed 2026 revenue guidance of $140 million–$190 million and adjusted EBITDA guidance of $10 million–$15 million.
• Software, services, and edge-hardware revenue rose 1% year over year; adjusted EBITDA was positive for a fifth consecutive quarter.