Stem (STEM) Shares Outstanding (Entity) (2019 - 2026)
Stem's Shares Outstanding (Entity) came in at 9.61 million for Q2 2026, up 14.9% from 8.36 million a year earlier and up 12.1% from the prior quarter.
Powered by 
Analysis
Stem (STEM) Shares Outstanding (Entity) (2019 - 2026) Analysis & Trends
For FY2025, Stem's Shares Outstanding (Entity) was 8.49 million, up 4.3% from FY2024.
- Shares Outstanding (Entity) has increased in each of the last five years, with a five-year compound annual growth rate of 33.4% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Entity) was 8.14 million in FY2024 (+4.4%), 7.8 million in FY2023 (+0.9%), 7.73 million in FY2022 (+46.4%) and 5.28 million in FY2021 (+162.6%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding (Entity) in data going back to Q4 2019.
- Year-over-year, Shares Outstanding (Entity) has increased for 21 consecutive quarters, with growth averaging 5.0% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding (Entity) ran from 0.9% in Q4 2023 to 262.1% in Q3 2021.
- Business Quant data shows STEM's Shares Outstanding (Entity) at 8.57 million (Q1 2026), 8.49 million (Q4 2025) and 8.39 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 815.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 1.02 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 733.60 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 352.46 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 358.96 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 81.24 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 167.14 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | 163.06 Mn |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | - |
| 10 | Stem | 43.72 Mn | -123.76 Mn | 13.89 Mn | 9.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.61 Mn |
| Mar 31, 2026 | 8.57 Mn |
| Dec 31, 2025 | 8.49 Mn |
| Sep 30, 2025 | 8.39 Mn |
| Jun 30, 2025 | 8.36 Mn |
| Mar 31, 2025 | 8.32 Mn |
| Dec 31, 2024 | 8.14 Mn |
| Sep 30, 2024 | 8.14 Mn |
| Jun 30, 2024 | 8.13 Mn |
| Mar 31, 2024 | 8.08 Mn |
| Dec 31, 2023 | 7.80 Mn |
| Sep 30, 2023 | 7.79 Mn |
| Jun 30, 2023 | 7.79 Mn |
| Mar 31, 2023 | 7.78 Mn |
| Dec 31, 2022 | 7.73 Mn |
| Sep 30, 2022 | 7.72 Mn |
| Jun 30, 2022 | 7.71 Mn |
| Mar 31, 2022 | 7.69 Mn |
| Dec 31, 2021 | 5.28 Mn |
| Sep 30, 2021 | 7.21 Mn |
API Access
Stem Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();