Stem (STEM) Q2 FY26 earnings call

Stem, Inc. delivered its fifth consecutive quarter of positive adjusted EBITDA and record non-GAAP gross margins in Q2 FY26, driven by a software-centric revenue mix. The company reaffirmed its full-year guidance, anticipating continued operational leverage and strategic expansion into utility-scale and international markets, despite a year-over-year revenue decline attributed to lower battery hardware resales.