Stem (STEM) Common Equity (2019 - 2026)
Stem's Common Equity was -$270 million in Q2 2026, compared with -$213.48 million a year earlier.
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Analysis
Stem (STEM) Common Equity (2019 - 2026) Analysis & Trends
At the end of FY2025, Common Equity at Stem came in at -$249.44 million.
- In earlier years, Common Equity was -$397.83 million in FY2024, $426.68 million in FY2023 (-22.7%), $552.17 million in FY2022 (-17.3%) and $667.83 million in FY2021.
- The Q2 2026 figure marks the lowest quarterly Common Equity since Q1 2025.
- The best year-over-year quarter for Common Equity over five years was Q2 2022 (growth of 189.0%); the worst was Q1 2024 (a decline of 28.1%).
- Per Business Quant data, STEM's Common Equity in the three quarters before Q2 2026 was -$265.88 million (Q1 2026), -$249.44 million (Q4 2025) and -$235.69 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.42 Bn | 240.49 Bn | 2.30 Bn | 27.49 Bn |
| 2 | CrowdStrike Holdings | 232.07 Bn | 212.47 Bn | 1.10 Bn | 5.14 Bn |
| 3 | Fortinet | 125.35 Bn | 111.28 Bn | 1.64 Bn | 1.55 Bn |
| 4 | Snowflake | 111.63 Bn | 98.94 Bn | 1.04 Bn | 2.15 Bn |
| 5 | Datadog | 91.35 Bn | 72.99 Bn | 881.34 Mn | 4.37 Bn |
| 6 | Zscaler | 34.43 Bn | 20.55 Bn | - | 2.60 Bn |
| 7 | Okta | 33.87 Bn | 23.97 Bn | 641.00 Mn | 6.97 Bn |
| 8 | Axon Enterprise | 31.65 Bn | 26.18 Bn | 546.45 Mn | 3.67 Bn |
| 9 | MongoDB | 29.46 Bn | 19.93 Bn | 569.77 Mn | 2.98 Bn |
| 10 | Stem | 32.16 Mn | -134.89 Mn | 13.89 Mn | -270.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -270.00 Mn |
| Mar 31, 2026 | -265.88 Mn |
| Dec 31, 2025 | -249.44 Mn |
| Sep 30, 2025 | -235.69 Mn |
| Jun 30, 2025 | -213.48 Mn |
| Mar 31, 2025 | -416.92 Mn |
| Dec 31, 2024 | -397.83 Mn |
| Sep 30, 2024 | -343.56 Mn |
| Jun 30, 2024 | -202.74 Mn |
| Mar 31, 2024 | 372.05 Mn |
| Dec 31, 2023 | 426.68 Mn |
| Sep 30, 2023 | 453.34 Mn |
| Jun 30, 2023 | 519.34 Mn |
| Mar 31, 2023 | 517.25 Mn |
| Dec 31, 2022 | 552.17 Mn |
| Sep 30, 2022 | 577.23 Mn |
| Jun 30, 2022 | 603.43 Mn |
| Mar 31, 2022 | 630.14 Mn |
| Dec 31, 2021 | 667.83 Mn |
| Sep 30, 2021 | 630.92 Mn |
API Access
Stem Common Equity 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=common-equity&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();