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Side-by-side financial comparison of Eos Energy Enterprises, Inc. (EOSE) and STEM, INC. (STEM). Click either name above to swap in a different company.

Eos Energy Enterprises, Inc. is the larger business by last-quarter revenue ($58.0M vs $47.1M, roughly 1.2× STEM, INC.). STEM, INC. runs the higher net margin — -33.9% vs -207.7%, a 173.8% gap on every dollar of revenue. On growth, Eos Energy Enterprises, Inc. posted the faster year-over-year revenue change (699.6% vs -15.6%).

Eos Energy Enterprises, Inc. is an energy storage solutions provider that designs, produces and deploys safe long-duration zinc-based battery systems. It serves utility, commercial, industrial and microgrid customers across North America, Europe and Asia, supporting grid stability and renewable energy integration.

StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.

EOSE vs STEM — Head-to-Head

Bigger by revenue
EOSE
EOSE
1.2× larger
EOSE
$58.0M
$47.1M
STEM
Growing faster (revenue YoY)
EOSE
EOSE
+715.2% gap
EOSE
699.6%
-15.6%
STEM
Higher net margin
STEM
STEM
173.8% more per $
STEM
-33.9%
-207.7%
EOSE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EOSE
EOSE
STEM
STEM
Revenue
$58.0M
$47.1M
Net Profit
$-120.5M
$-16.0M
Gross Margin
-93.8%
48.9%
Operating Margin
-140.1%
-17.7%
Net Margin
-207.7%
-33.9%
Revenue YoY
699.6%
-15.6%
Net Profit YoY
55.1%
68.8%
EPS (diluted)
$-0.53
$-4.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EOSE
EOSE
STEM
STEM
Q4 25
$58.0M
$47.1M
Q3 25
$30.5M
$38.2M
Q2 25
$15.2M
$38.4M
Q1 25
$10.5M
$32.5M
Q4 24
$7.3M
$55.8M
Q3 24
$29.3M
Q2 24
$34.0M
Q1 24
$25.5M
Net Profit
EOSE
EOSE
STEM
STEM
Q4 25
$-120.5M
$-16.0M
Q3 25
$-641.4M
$-23.8M
Q2 25
$-222.9M
$202.5M
Q1 25
$15.1M
$-25.0M
Q4 24
$-268.1M
$-51.1M
Q3 24
$-148.3M
Q2 24
$-582.3M
Q1 24
$-72.3M
Gross Margin
EOSE
EOSE
STEM
STEM
Q4 25
-93.8%
48.9%
Q3 25
-111.2%
35.5%
Q2 25
-203.2%
33.4%
Q1 25
-234.7%
32.4%
Q4 24
-324.0%
-4.4%
Q3 24
21.2%
Q2 24
27.6%
Q1 24
-95.0%
Operating Margin
EOSE
EOSE
STEM
STEM
Q4 25
-140.1%
-17.7%
Q3 25
-200.6%
-33.6%
Q2 25
-419.1%
-34.8%
Q1 25
-506.2%
-65.0%
Q4 24
-712.8%
-84.4%
Q3 24
-493.2%
Q2 24
-1705.5%
Q1 24
-267.0%
Net Margin
EOSE
EOSE
STEM
STEM
Q4 25
-207.7%
-33.9%
Q3 25
-2102.1%
-62.2%
Q2 25
-1463.2%
527.8%
Q1 25
144.7%
-76.9%
Q4 24
-3696.7%
-91.6%
Q3 24
-506.3%
Q2 24
-1712.6%
Q1 24
-283.9%
EPS (diluted)
EOSE
EOSE
STEM
STEM
Q4 25
$-0.53
$-4.40
Q3 25
$-4.91
$-2.84
Q2 25
$-1.05
$-1.79
Q1 25
$-0.20
$-0.15
Q4 24
$-2.30
$-15.29
Q3 24
$-18.24
Q2 24
$-71.81
Q1 24
$-0.46

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EOSE
EOSE
STEM
STEM
Cash + ST InvestmentsLiquidity on hand
$568.0M
$48.9M
Total DebtLower is stronger
$813.3M
Stockholders' EquityBook value
$-2.2B
$-249.4M
Total Assets
$885.2M
$308.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOSE
EOSE
STEM
STEM
Q4 25
$568.0M
$48.9M
Q3 25
$58.7M
$43.1M
Q2 25
$120.2M
$40.8M
Q1 25
$82.6M
$58.6M
Q4 24
$74.3M
$56.3M
Q3 24
$75.4M
Q2 24
$89.6M
Q1 24
$112.8M
Total Debt
EOSE
EOSE
STEM
STEM
Q4 25
$813.3M
Q3 25
$448.5M
Q2 25
$445.3M
Q1 25
$325.5M
Q4 24
$316.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EOSE
EOSE
STEM
STEM
Q4 25
$-2.2B
$-249.4M
Q3 25
$-2.3B
$-235.7M
Q2 25
$-1.1B
$-214.1M
Q1 25
$-942.2M
$-417.5M
Q4 24
$-1.1B
$-398.4M
Q3 24
$-344.1M
Q2 24
$-203.2M
Q1 24
$371.6M
Total Assets
EOSE
EOSE
STEM
STEM
Q4 25
$885.2M
$308.9M
Q3 25
$328.2M
$362.6M
Q2 25
$361.0M
$379.2M
Q1 25
$263.3M
$405.1M
Q4 24
$260.3M
$437.4M
Q3 24
$537.8M
Q2 24
$691.5M
Q1 24
$1.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EOSE
EOSE
STEM
STEM
Operating Cash FlowLast quarter
$-50.3M
$8.2M
Free Cash FlowOCF − Capex
$-75.2M
FCF MarginFCF / Revenue
-129.7%
Capex IntensityCapex / Revenue
43.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-265.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOSE
EOSE
STEM
STEM
Q4 25
$-50.3M
$8.2M
Q3 25
$-65.9M
$11.4M
Q2 25
$-66.1M
$-21.3M
Q1 25
$-28.9M
$8.5M
Q4 24
$-42.7M
$-14.7M
Q3 24
$-9.4M
Q2 24
$-11.9M
Q1 24
$-621.0K
Free Cash Flow
EOSE
EOSE
STEM
STEM
Q4 25
$-75.2M
Q3 25
$-82.7M
Q2 25
$-73.2M
Q1 25
$-33.8M
Q4 24
$-55.8M
Q3 24
Q2 24
Q1 24
FCF Margin
EOSE
EOSE
STEM
STEM
Q4 25
-129.7%
Q3 25
-271.1%
Q2 25
-480.2%
Q1 25
-323.6%
Q4 24
-769.1%
Q3 24
Q2 24
Q1 24
Capex Intensity
EOSE
EOSE
STEM
STEM
Q4 25
43.1%
Q3 25
55.2%
Q2 25
46.2%
Q1 25
47.0%
Q4 24
180.6%
Q3 24
Q2 24
Q1 24
Cash Conversion
EOSE
EOSE
STEM
STEM
Q4 25
Q3 25
Q2 25
-0.11×
Q1 25
-1.91×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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