Stem (STEM) Capital Expenditures (2020 - 2025)
Stem's Capital Expenditures came in at -$48,000 for Q3 2025, compared with $51,000 a year earlier.
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Analysis
Stem (STEM) Capital Expenditures (2020 - 2025) Analysis & Trends
For FY2024, Stem's Capital Expenditures was $275,000, down 89.6% from FY2023.
- Capital Expenditures carries a five-year compound annual growth rate of -63.2% (FY2019 to FY2024).
- Going back by year, Capital Expenditures was $2.63 million in FY2023 (+1.1%), $2.61 million in FY2022 (-27.7%), $3.6 million in FY2021 (-41.8%) and $6.2 million in FY2020 (-84.9%).
- The Q3 2025 figure represents the lowest quarterly Capital Expenditures since Q4 2023.
- The fastest year-over-year change in Capital Expenditures over five years came in Q1 2023 (growth of 27.2%), and the weakest in Q1 2024 (a decline of 96.2%).
- Business Quant data shows STEM's Capital Expenditures at $41,000 (Q2 2025), $7,000 (Q1 2025) and $47,000 (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 103.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 124.41 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 78.00 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 7.55 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 9.89 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 21.05 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 1.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | -1.68 Bn |
| 10 | Stem | 43.72 Mn | -123.76 Mn | 13.89 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -48,000.00 |
| Jun 30, 2025 | 41,000.00 |
| Mar 31, 2025 | 7,000.00 |
| Dec 31, 2024 | 47,000.00 |
| Sep 30, 2024 | 51,000.00 |
| Jun 30, 2024 | 116,000.00 |
| Mar 31, 2024 | 61,000.00 |
| Dec 31, 2023 | -278,000.00 |
| Sep 30, 2023 | 272,000.00 |
| Jun 30, 2023 | 1.02 Mn |
| Mar 31, 2023 | 1.63 Mn |
| Dec 31, 2022 | 1.12 Mn |
| Sep 30, 2022 | -915,000.00 |
| Jun 30, 2022 | 1.13 Mn |
| Mar 31, 2022 | 1.28 Mn |
| Dec 31, 2021 | -2.57 Mn |
| Sep 30, 2021 | 570,000.00 |
| Jun 30, 2021 | 4.08 Mn |
| Mar 31, 2021 | 1.53 Mn |
| Dec 31, 2020 | 2.08 Mn |
API Access
Stem Capital Expenditures 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=capital-expenditures&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();