“The first quarter of 2025 showed strong execution of our strategic initiatives and demonstrates that we are steering Stem in the right long-term direction,” said Doran Hole, Chief Financial Officer and Executive Vice President of Stem. “We achieved strong GAAP and non-GAAP gross margins, driven by the strength of our high-margin software, services, and edge
Total Revenue: $112.6 million, up 1.6% year over year. Non-GAAP Gross Margin: 35.8%. Adjusted EBITDA: $14.9 million, up 17% year over year. Non-GAAP EPS: $0.88, up 13% year over year. North America Revenue: $49.4 million, up 11% year over year. International Revenue: $63.2 million, down 5% year over year. GAAP Operating Expenses: $30 million, down
Q: Tim, can you provide a framework for thinking about tariffs on the revenue side and how they might affect your ability to take market share? A: Tim Breen, CEO: We haven’t seen significant short-term impacts from tariffs on orders. However, for the second half of 2025 and into 2026, the broader impact remains uncertain.