STEM
Utilities - Renewable · Utilities
CFO
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Get STEM alertsBrian Musfeldt is recorded as CFO at Stem, Inc. (STEM). The newest filing on record that lists Brian Musfeldt as CFO at Stem, Inc. (STEM) is dated April 24, 2026. Stem, Inc. reported in an 8-K filed July 2, 2025 that Brian Musfeldt was appointed Chief Financial Officer, effective July 17, 2025. Brian Musfeldt has spoken on 5 earnings calls across 1 company, most recently for Stem, Inc. on August 12, 2026. Stem, Inc. is classified in the Utilities - Renewable industry within the Utilities sector. Other leadership on record at Stem, Inc. includes Arun Narayanan (CEO and Board Member), David Buzby (Chairman and Board Member), Ira Birns (Chairman and Board Member) and 7 others.
“on June 30, 2025, the Board of Directors of the Company appointed Mr. Brian Musfeldt, age 51, as the Company's Chief Financial Officer, effective July 17, 2025.”
“Total revenue for the second quarter was $34 million, down 12% year-over-year from $38 million. Nearly all of that decline came from lower battery hardware resale revenue, which was $300,000 in the second quarter versus $5 million in the second quarter of 2025.”
“As Arun noted, Q1 is historically the lightest revenue quarter for the company, driven by the natural sales cycle of construction projects, which typically began to ramp into summer and through the end of the year.”
“For the full year 2025, we were in line or above all of the financial expectations we outlined on our third quarter call. We exceeded our profitability guidance, demonstrating the dedication to operational discipline that runs through this organization.”
“In the third quarter of 2025, we saw solid financial performance across the business. Total revenue grew an impressive 31% year-over-year to $38 million. PowerTrack software revenue continued its strong performance in the third quarter, growing 11% year-over-year, and edge hardware grew a notable 18% year-over-year.”
“While we don't provide future guidance, I can say that as we enter the second half of the year, we will continue to reduce our cash operational expenses. The team is focused on achieving savings that aren't related to personnel.”
Start not stated–present
Last confirmed April 24, 2026
STEM
Utilities - Renewable · Utilities
CFO