Stem (STEM) EBIT Margin (2020 - 2026)
Stem's EBIT Margin came in at -22.79% for Q2 2026, up 11.98 percentage points from -34.77% a year earlier and up 26.22 percentage points from the prior quarter.
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Analysis
Stem (STEM) EBIT Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Stem reported EBIT Margin of -29.10%, up 115.82 percentage points year-over-year; for FY2025, it was -35.64%, up 544.96 percentage points from FY2024.
- EBIT Margin carries a five-year change of +100.39 percentage points (FY2020 to FY2025).
- Going back by year, EBIT Margin was -580.60% in FY2024 (-541.75 pp), -38.85% in FY2023 (-2.73 pp), -36.12% in FY2022 (+29.10 pp) and -65.22% in FY2021 (+70.80 pp).
- The five-year range for quarterly EBIT Margin is -1705.49% (Q2 2024) to -17.70% (Q4 2025).
- Year-over-year, EBIT Margin has increased for six consecutive quarters, with an average year-over-year change of +240.06 percentage points over the last eight quarters.
- The fastest year-over-year change in EBIT Margin over five years came in Q2 2025 (a gain of 1670.71 percentage points), and the weakest in Q2 2024 (a drop of 1667.97 percentage points).
- Business Quant data shows STEM's EBIT Margin at -49.01% (Q1 2026), -17.70% (Q4 2025) and -33.61% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 5.04% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | -2.26% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 33.66% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -17.00% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 0.49% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 5.17% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 13.29% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 9.62% |
| 10 | Stem | 43.72 Mn | -123.76 Mn | 13.89 Mn | -22.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -22.79% |
| Mar 31, 2026 | -49.01% |
| Dec 31, 2025 | -17.70% |
| Sep 30, 2025 | -33.61% |
| Jun 30, 2025 | -34.77% |
| Mar 31, 2025 | -65.05% |
| Dec 31, 2024 | -84.45% |
| Sep 30, 2024 | -493.16% |
| Jun 30, 2024 | -1,705.49% |
| Mar 31, 2024 | -267.04% |
| Dec 31, 2023 | -20.02% |
| Sep 30, 2023 | -51.05% |
| Jun 30, 2023 | -37.52% |
| Mar 31, 2023 | -63.28% |
| Dec 31, 2022 | -21.71% |
| Sep 30, 2022 | -32.76% |
| Jun 30, 2022 | -44.55% |
| Mar 31, 2022 | -85.07% |
| Dec 31, 2021 | -57.18% |
| Sep 30, 2021 | -48.03% |
API Access
Stem EBIT Margin 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=ebit-margin&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();