Stem (STEM) Assets (2019 - 2026)
Stem (STEM) reported Assets of $279.77 million for Q2 2026, down 26.2% from $379.22 million a year earlier and down 0.7% from the prior quarter.
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Analysis
Stem (STEM) Assets (2019 - 2026) Analysis & Trends
At the end of FY2025, Stem posted Assets of $308.89 million, down 29.4% from FY2024.
- Assets has declined for three consecutive years, though with a five-year compound annual growth rate of 8.5% (FY2020 to FY2025).
- By year, Assets came in at $437.36 million in FY2024 (-67.8%), $1.36 billion in FY2023 (-4.6%), $1.42 billion in FY2022 (+19.3%) and $1.19 billion in FY2021 (+479.0%).
- The Q2 2026 figure ranks as the lowest quarterly Assets since Q4 2020.
- Year over year, Assets has now declined in each of the last 12 quarters, with an average decline of 45.2% over the last eight quarters.
- The high point for year-over-year Assets in five years was Q4 2021 (growth of 479.0%); the low point was Q1 2025 (a decline of 68.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $281.88 million (Q1 2026), $308.89 million (Q4 2025) and $362.61 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 48.46 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 12.03 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 10.86 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 8.69 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 7.55 Bn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 7.48 Bn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 9.14 Bn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | 7.87 Bn |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 69.26 Bn |
| 10 | Stem | 43.72 Mn | -123.76 Mn | 13.89 Mn | 279.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 279.77 Mn |
| Mar 31, 2026 | 281.88 Mn |
| Dec 31, 2025 | 308.89 Mn |
| Sep 30, 2025 | 362.61 Mn |
| Jun 30, 2025 | 379.22 Mn |
| Mar 31, 2025 | 405.08 Mn |
| Dec 31, 2024 | 437.36 Mn |
| Sep 30, 2024 | 537.84 Mn |
| Jun 30, 2024 | 691.54 Mn |
| Mar 31, 2024 | 1.28 Bn |
| Dec 31, 2023 | 1.36 Bn |
| Sep 30, 2023 | 1.40 Bn |
| Jun 30, 2023 | 1.50 Bn |
| Mar 31, 2023 | 1.39 Bn |
| Dec 31, 2022 | 1.42 Bn |
| Sep 30, 2022 | 1.42 Bn |
| Jun 30, 2022 | 1.43 Bn |
| Mar 31, 2022 | 1.42 Bn |
| Dec 31, 2021 | 1.19 Bn |
| Sep 30, 2021 | 824.97 Mn |
API Access
Stem Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets", "ticker": "STEM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();