Stem (STEM) Goodwill & Intangibles (2020 - 2026)
Stem (STEM) reported Goodwill & Intangibles of $115.55 million for Q2 2026, down 14.5% from $135.16 million a year earlier and down 1.5% from the prior quarter.
Powered by 
Analysis
Stem (STEM) Goodwill & Intangibles (2020 - 2026) Analysis & Trends
At the end of FY2025, Stem posted Goodwill & Intangibles of $123.03 million, down 14.5% from FY2024.
- Goodwill & Intangibles has declined for three consecutive years, though with a five-year compound annual growth rate of 54.8% (FY2020 to FY2025).
- By year, Goodwill & Intangibles came in at $143.91 million in FY2024 (-79.6%), $704.35 million in FY2023 (-0.6%), $708.91 million in FY2022 and $15.71 million in FY2021 (+13.6%).
- The Q2 2026 figure ranks as the lowest quarterly Goodwill & Intangibles since Q4 2021.
- Year over year, Goodwill & Intangibles has now declined in each of the last 14 quarters, with an average decline of 38.6% over the last eight quarters.
- The high point for year-over-year Goodwill & Intangibles in five years was Q4 2021 (growth of 13.6%); the low point was Q1 2025 (a decline of 79.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $117.29 million (Q1 2026), $123.03 million (Q4 2025) and $129.17 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn |
| 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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 115.55 Mn |
| Mar 31, 2026 | 117.29 Mn |
| Dec 31, 2025 | 123.03 Mn |
| Sep 30, 2025 | 129.17 Mn |
| Jun 30, 2025 | 135.16 Mn |
| Mar 31, 2025 | 141.93 Mn |
| Dec 31, 2024 | 143.91 Mn |
| Sep 30, 2024 | 148.18 Mn |
| Jun 30, 2024 | 152.14 Mn |
| Mar 31, 2024 | 702.18 Mn |
| Dec 31, 2023 | 704.35 Mn |
| Sep 30, 2023 | 705.49 Mn |
| Jun 30, 2023 | 706.68 Mn |
| Mar 31, 2023 | 708.76 Mn |
| Dec 31, 2022 | 708.91 Mn |
| Sep 30, 2022 | 710.19 Mn |
| Jun 30, 2022 | 711.53 Mn |
| Mar 31, 2022 | 713.54 Mn |
| Dec 31, 2021 | 15.71 Mn |
| Sep 30, 2021 | 14.87 Mn |
API Access
Stem Goodwill & 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=goodwill-and-intangibles&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-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=goodwill-and-intangibles&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();