Stem (STEM) Change in Intangibles (2020 - 2026)
Stem's Change in Intangibles was $1.21 million in Q2 2026, up 15.9% from $1.04 million a year earlier but down 10.2% from the prior quarter.
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Analysis
Stem (STEM) Change in Intangibles (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Stem's Change in Intangibles was $4.53 million through Jun 30, 2026, down 51.2% year-over-year; for FY2025, it was $6.6 million, down 41.4% from FY2024.
- Change in Intangibles has now declined for three consecutive years, though with a five-year compound annual growth rate of 2.5% (FY2020 to FY2025).
- In earlier years, Change in Intangibles was $11.28 million in FY2024 (-20.0%), $14.1 million in FY2023 (-15.9%), $16.77 million in FY2022 (+180.9%) and $5.97 million in FY2021 (+2.4%).
- Quarterly Change in Intangibles has moved between $927,000 (Q4 2025) and $4.57 million (Q3 2022) over five years.
- Compared with a year earlier, Change in Intangibles was higher in two of the last eight quarters, with an average decline of 35.2%.
- The best year-over-year quarter for Change in Intangibles over five years was Q2 2022 (growth of 212.6%); the worst was Q2 2025 (a decline of 66.8%).
- Per Business Quant data, STEM's Change in Intangibles in the three quarters before Q2 2026 was $1.35 million (Q1 2026), $927,000 (Q4 2025) and $1.05 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 26.52 Mn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | - |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | - |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 27.28 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 6.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | - |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | - |
| 10 | Stem | 40.83 Mn | -126.64 Mn | 13.89 Mn | 1.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.21 Mn |
| Mar 31, 2026 | 1.35 Mn |
| Dec 31, 2025 | 927,000.00 |
| Sep 30, 2025 | 1.05 Mn |
| Jun 30, 2025 | 1.04 Mn |
| Mar 31, 2025 | 3.58 Mn |
| Dec 31, 2024 | 2.41 Mn |
| Sep 30, 2024 | 2.26 Mn |
| Jun 30, 2024 | 3.15 Mn |
| Mar 31, 2024 | 3.46 Mn |
| Dec 31, 2023 | 3.97 Mn |
| Sep 30, 2023 | 2.74 Mn |
| Jun 30, 2023 | 3.82 Mn |
| Mar 31, 2023 | 3.57 Mn |
| Dec 31, 2022 | 4.12 Mn |
| Sep 30, 2022 | 4.57 Mn |
| Jun 30, 2022 | 4.55 Mn |
| Mar 31, 2022 | 3.54 Mn |
| Dec 31, 2021 | 1.72 Mn |
| Sep 30, 2021 | 1.56 Mn |
API Access
Stem Change in Intangibles 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=change-in-intangibles&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "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=change-in-intangibles&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();