Stem (STEM) Revenue (2020 - 2026)
Stem's Revenue came in at $33.65 million for Q2 2026, down 12.3% from $38.37 million a year earlier but up 16.0% from the prior quarter.
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Analysis
Stem (STEM) Revenue (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Stem reported Revenue of $148.03 million, down 5.1% year-over-year; for FY2025, it came in at $156.27 million, up 8.1% from FY2024.
- Revenue carries a five-year compound annual growth rate of 33.9% (FY2020 to FY2025).
- Going back by year, Revenue was $144.58 million in FY2024 (-68.7%), $461.52 million in FY2023 (+27.1%), $362.98 million in FY2022 (+185.0%) and $127.37 million in FY2021 (+250.8%).
- The five-year range for quarterly Revenue is $25.47 million (Q1 2024) to $167.42 million (Q4 2023).
- Year-over-year, Revenue has declined for three consecutive quarters, with an average decline of 14.0% over the last eight quarters.
- The fastest year-over-year change in Revenue over five years came in Q3 2021 (growth of 334.3%), and the weakest in Q3 2024 (a decline of 78.1%).
- Business Quant data shows STEM's Revenue at $29 million (Q1 2026), $47.14 million (Q4 2025) and $38.24 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 3.41 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 1.47 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 2.05 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 1.55 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 1.12 Bn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 904.39 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 805.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 4.62 Bn |
| 10 | Stem | 43.72 Mn | -123.76 Mn | 13.89 Mn | 33.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.65 Mn |
| Mar 31, 2026 | 29.00 Mn |
| Dec 31, 2025 | 47.14 Mn |
| Sep 30, 2025 | 38.24 Mn |
| Jun 30, 2025 | 38.37 Mn |
| Mar 31, 2025 | 32.51 Mn |
| Dec 31, 2024 | 55.83 Mn |
| Sep 30, 2024 | 29.29 Mn |
| Jun 30, 2024 | 34.00 Mn |
| Mar 31, 2024 | 25.47 Mn |
| Dec 31, 2023 | 167.42 Mn |
| Sep 30, 2023 | 133.74 Mn |
| Jun 30, 2023 | 92.95 Mn |
| Mar 31, 2023 | 67.41 Mn |
| Dec 31, 2022 | 155.44 Mn |
| Sep 30, 2022 | 99.50 Mn |
| Jun 30, 2022 | 66.95 Mn |
| Mar 31, 2022 | 41.09 Mn |
| Dec 31, 2021 | 52.78 Mn |
| Sep 30, 2021 | 39.83 Mn |
API Access
Stem Revenue 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=revenue&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();