Stem (STEM) EBT Margin (2020 - 2026)
Stem's EBT Margin was -42.70% in Q2 2026, down 571.72 percentage points from 529.02% a year earlier but up 22.17 percentage points from the prior quarter.
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Analysis
Stem (STEM) EBT Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Stem's EBT Margin was -49.28% through Jun 30, 2026, down 35.65 percentage points year-over-year; for FY2025, it came in at 88.50%, up 678.94 percentage points from FY2024.
- EBT Margin shows a five-year change of +518.50 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was -590.44% in FY2024 (-560.11 pp), -30.33% in FY2023 (+8.02 pp), -38.35% in FY2022 (+41.11 pp) and -79.46% in FY2021 (+350.54 pp).
- Quarterly EBT Margin has moved between -1712.43% (Q2 2024) and 529.02% (Q2 2025) over five years.
- Compared with a year earlier, EBT Margin was higher in five of the last eight quarters, with an average year-over-year change of +234.01 percentage points.
- The best year-over-year quarter for EBT Margin over five years was Q2 2025 (a gain of 2241.45 percentage points); the worst was Q2 2024 (a drop of 1733.53 percentage points).
- Per Business Quant data, STEM's EBT Margin in the three quarters before Q2 2026 was -64.87% (Q1 2026), -33.59% (Q4 2025) and -62.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | -7.89% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 0.27% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 35.17% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | -12.17% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 4.61% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 3.61% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 15.65% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 10.24% |
| 10 | Stem | 43.72 Mn | -123.76 Mn | 13.89 Mn | -42.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -42.70% |
| Mar 31, 2026 | -64.87% |
| Dec 31, 2025 | -33.59% |
| Sep 30, 2025 | -62.59% |
| Jun 30, 2025 | 529.02% |
| Mar 31, 2025 | -76.72% |
| Dec 31, 2024 | -91.62% |
| Sep 30, 2024 | -505.86% |
| Jun 30, 2024 | -1,712.43% |
| Mar 31, 2024 | -283.30% |
| Dec 31, 2023 | -22.46% |
| Sep 30, 2023 | -57.66% |
| Jun 30, 2023 | 21.10% |
| Mar 31, 2023 | -66.57% |
| Dec 31, 2022 | -22.67% |
| Sep 30, 2022 | -34.43% |
| Jun 30, 2022 | -47.84% |
| Mar 31, 2022 | -91.74% |
| Dec 31, 2021 | -64.52% |
| Sep 30, 2021 | 290.24% |
API Access
Stem EBT 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=ebt-margin&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();