Fall in Battery Hardware Resales Pulls Stem’s Q2 Revenue Down 12% YoY
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.The company attributed the revenue decline to lower battery ha
Fall in Battery Hardware Resales Pulls Stem’s Q2 Revenue Down 12% YoY
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.The company attributed the revenue decline to lower battery ha
Why it matters
- Fall in Battery Hardware Resales Pulls Stem’s Q2 Revenue Down 12% YoY — key development in India's funding landscape
- Follows the broader trend we track daily across funding, tenders, fleet and battery
For readers who want the original reporting, see Mercomindia.
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