Stem (STEM) Operating Income (2019 - 2026)
Stem's Operating Income was -$7.67 million in Q2 2026, compared with -$13.34 million a year earlier.
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Analysis
Stem (STEM) Operating Income (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Stem's Operating Income was -$43.08 million through Jun 30, 2026; for FY2025, it came in at -$55.69 million.
- In earlier years, Operating Income was -$839.46 million in FY2024, -$179.31 million in FY2023, -$131.12 million in FY2022 and -$83.07 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Operating Income in data going back to Q4 2019.
- Per Business Quant data, STEM's Operating Income in the three quarters before Q2 2026 was -$14.21 million (Q1 2026), -$8.35 million (Q4 2025) and -$12.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.12 Bn | 245.19 Bn | 2.30 Bn | 172.00 Mn |
| 2 | CrowdStrike Holdings | 232.49 Bn | 212.89 Bn | 1.10 Bn | -33.23 Mn |
| 3 | Fortinet | 125.70 Bn | 111.63 Bn | 1.64 Bn | 689.30 Mn |
| 4 | Snowflake | 110.19 Bn | 97.50 Bn | 1.04 Bn | -262.97 Mn |
| 5 | Datadog | 92.71 Bn | 74.35 Bn | 881.34 Mn | 5.46 Mn |
| 6 | Zscaler | 34.07 Bn | 20.19 Bn | - | - |
| 7 | Okta | 33.06 Bn | 23.16 Bn | 641.00 Mn | 107.00 Mn |
| 8 | Axon Enterprise | 30.90 Bn | 25.43 Bn | 546.45 Mn | 46.78 Mn |
| 9 | MongoDB | 28.04 Bn | 18.51 Bn | 569.77 Mn | 28.40 Mn |
| 10 | Stem | 30.79 Mn | -136.26 Mn | 13.89 Mn | -7.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.67 Mn |
| Mar 31, 2026 | -14.21 Mn |
| Dec 31, 2025 | -8.35 Mn |
| Sep 30, 2025 | -12.85 Mn |
| Jun 30, 2025 | -13.34 Mn |
| Mar 31, 2025 | -21.15 Mn |
| Dec 31, 2024 | -47.14 Mn |
| Sep 30, 2024 | -144.45 Mn |
| Jun 30, 2024 | -579.85 Mn |
| Mar 31, 2024 | -68.01 Mn |
| Dec 31, 2023 | -33.52 Mn |
| Sep 30, 2023 | -68.27 Mn |
| Jun 30, 2023 | -34.87 Mn |
| Mar 31, 2023 | -42.65 Mn |
| Dec 31, 2022 | -33.75 Mn |
| Sep 30, 2022 | -32.60 Mn |
| Jun 30, 2022 | -29.82 Mn |
| Mar 31, 2022 | -34.95 Mn |
| Dec 31, 2021 | -30.18 Mn |
| Sep 30, 2021 | -19.13 Mn |
API Access
Stem Operating Income 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=operating-income&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();