Stem, Inc. (STEM) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.459 Greetings. Welcome to STEM's fourth quarter 2025 results conference call. 00:00:05.459 -- 00:00:09.225 At this time, all participants are in a listen only mode. 00:00:09.225 -- 00:00:12.991 A question and answer session will follow the formal presentation. 00:00:12.991 -- 00:00:17.317 If anyone should require operator assistance during the conference, please press star 00:00:17.317 -- 00:00:20.122 and the number zero on your telephone keypad. 00:00:20.122 -- 00:00:23.306 Please note this conference is being recorded. 00:00:23.306 -- 00:00:27.653 I will now turn the conference over to Erin Reid, head of investor relations. 00:00:27.653 -- 00:00:30.372 Thank you. You may begin. 00:00:30.372 -- 00:00:34.799 Thank you, Operator. This is Erin Reed, Head of Investor Relations at STEM. 00:00:34.799 -- 00:00:39.526 We welcome you to our fourth quarter and full year 2025 earnings call. 00:00:39.526 -- 00:00:43.792 Before we begin, please note that some of the statements we will be making today are 00:00:43.792 -- 00:00:48.519 forward-looking. These statements involve risks and uncertainties that could cause our 00:00:48.519 -- 00:00:52.465 results to differ materially from those projected in these statements. 00:00:52.465 -- 00:00:57.632 We therefore refer you to our latest 10-K and other SEC filings and supplemental materials, 00:00:57.632 -- 00:01:03.109 which can be found on our IR website. Our comments today also include non-GAAP 00:01:03.109 -- 00:01:08.037 financial measures. Additional details and reconciliations to the most directly comparable 00:01:08.037 -- 00:01:12.825 GAAP financial measures can be found in our fourth quarter and full year 2025 earnings 00:01:12.825 -- 00:01:18.234 release, which is on our website. Arun Narayana...