Stem (STEM) Depreciation and Depletion (2020 - 2026)
Stem (STEM) posted Depreciation and Depletion of $2.9 million for Q2 2026, down 6.5% from $3.1 million a year earlier and unchanged from the prior quarter.
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Analysis
Stem (STEM) Depreciation and Depletion (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Depreciation and Depletion at Stem was $12 million, down 9.1% year-over-year; for FY2025, it was $12.5 million, down 6.7% from FY2024.
- Annual Depreciation and Depletion has declined for three consecutive years, with a five-year compound annual growth rate of -2.1% (FY2020 to FY2025).
- In prior years, Stem's Depreciation and Depletion was $13.4 million in FY2024 (-6.9%), $14.4 million in FY2023 (-3.4%), $14.9 million in FY2022 (+3.5%) and $14.4 million in FY2021 (+3.6%).
- Quarterly Depreciation and Depletion has run from a low of $2.9 million in Q1 2026 to a high of $4.3 million in Q1 2022 over five years.
- On a year-over-year basis, Depreciation and Depletion has declined in each of the last five quarters, with an average decline of 6.1% over the last eight quarters.
- The strongest year-over-year quarter for Depreciation and Depletion in the past five years was Q1 2022, with growth of 13.2%; the weakest was Q1 2024, with a decline of 16.7%.
- According to Business Quant data, Depreciation and Depletion for the three prior quarters was $2.9 million (Q1 2026), $3.1 million (Q4 2025) and $3.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (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 | - |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 31.50 Mn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 26.40 Mn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | - |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 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 | 2.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.90 Mn |
| Mar 31, 2026 | 2.90 Mn |
| Dec 31, 2025 | 3.10 Mn |
| Sep 30, 2025 | 3.10 Mn |
| Jun 30, 2025 | 3.10 Mn |
| Mar 31, 2025 | 3.20 Mn |
| Dec 31, 2024 | 3.40 Mn |
| Sep 30, 2024 | 3.50 Mn |
| Jun 30, 2024 | 3.50 Mn |
| Mar 31, 2024 | 3.00 Mn |
| Dec 31, 2023 | 3.60 Mn |
| Sep 30, 2023 | 3.60 Mn |
| Jun 30, 2023 | 3.60 Mn |
| Mar 31, 2023 | 3.60 Mn |
| Dec 31, 2022 | 3.70 Mn |
| Sep 30, 2022 | 3.80 Mn |
| Jun 30, 2022 | 3.70 Mn |
| Mar 31, 2022 | 4.30 Mn |
| Dec 31, 2021 | 3.60 Mn |
| Sep 30, 2021 | 3.60 Mn |
API Access
Stem Depreciation and Depletion 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=depreciation-and-depletion&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();