Stem

Stem Market Overview

Grips Intelligence in-store data tracked across Amazon, acehardware.com, lowes.com and menards.com from January 1 to July 31, 2026 shows Stem generating the vast majority of its revenue through Amazon, which accounts for 80.6% of year-to-date sales. Ace Hardware is the clearest secondary outlet at 10.8%, ahead of Lowe's at 5.5% and Menards at 2.9%, leaving the brand heavily concentrated in a single channel. Momentum has been strong over the May-to-July window, with revenue up 68.7% overall and a 15.9% month-over-month gain in the latest period. That growth came alongside softer pricing, as the average selling price slipped 7.1% month over month to $11.01 and 3.9% across the timeseries, against a year-to-date average of $11.49. The combination of rising revenue and falling average price points to volume-led expansion rather than premiumization.