Stem, Inc. (STEM) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

through our debt exchange transaction. Most of the debt we have now has a five-year runway. Now let's turn to an update on our internal business unit structure. Our software-centric strategy and our organization as business units help us deliver on our financial metrics and positions us to capitalize on the significant opportunities in the evolving energy landscape. As mentioned in the previous earnings call, we have organized STEM into four business units, software products, managed services, professional services, and OEM hardware. These business units help guide our internal operations. Each business unit president has full P&L responsibility, which is a simple yet critical change that is driving focused growth and investment strategies within their domains. While the new structure is supporting investment and growth within each business unit, it is also designed to enable collaboration across the business units by encouraging cross-selling of each other's products. We are hopeful that this collaboration will yield tangible results in the coming quarters. We have nearly finished formalizing our internal reporting structure around these four business units. Next quarter, we plan to launch external segment reporting, which will give investors enhanced visibility into how each business unit is performing. An important note, while these four business units guide our internal operations, the external reporting segments may be structured slightly differently under the accounting rules and for investor transparency. I am pleased to say that we are already reporting a more detailed revenue breakout on our income statement in our Form 10Q to provide clarity into our business. Our software offerings set us apart. I am pleased to announce two new software offerings today. Fi...