Stem (STEM) Total Debt (2019 - 2026)
Stem's Total Debt was $148.36 million in Q2 2026, up 4.7% from $141.69 million a year earlier and up 0.6% from the prior quarter.
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Analysis
Stem (STEM) Total Debt (2019 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Stem came in at $142.59 million, up 145.2% from FY2024.
- Total Debt shows a five-year compound annual growth rate of -3.9% (FY2020 to FY2025).
- In earlier years, Total Debt was $58.15 million in FY2024 (-13.0%), $66.85 million in FY2023 (-16.0%), $79.59 million in FY2022 (-10.1%) and $88.48 million in FY2021 (-49.3%).
- The Q2 2026 figure marks the highest quarterly Total Debt since Q4 2020.
- Compared with a year earlier, Total Debt has increased for five straight quarters, with growth averaging 67.4% over the last eight quarters.
- The best year-over-year quarter for Total Debt over five years was Q1 2026 (growth of 170.3%); the worst was Q4 2021 (a decline of 49.3%).
- Per Business Quant data, STEM's Total Debt in the three quarters before Q2 2026 was $147.46 million (Q1 2026), $142.59 million (Q4 2025) and $141.79 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 746.22 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 496.90 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | - |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | - |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 1.73 Bn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | - |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 10.12 Bn |
| 10 | Stem | 43.72 Mn | -123.76 Mn | 13.89 Mn | 148.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 148.36 Mn |
| Mar 31, 2026 | 147.46 Mn |
| Dec 31, 2025 | 142.59 Mn |
| Sep 30, 2025 | 141.79 Mn |
| Jun 30, 2025 | 141.69 Mn |
| Mar 31, 2025 | 54.55 Mn |
| Dec 31, 2024 | 58.15 Mn |
| Sep 30, 2024 | 59.70 Mn |
| Jun 30, 2024 | 62.51 Mn |
| Mar 31, 2024 | 64.61 Mn |
| Dec 31, 2023 | 66.85 Mn |
| Sep 30, 2023 | 71.70 Mn |
| Jun 30, 2023 | 77.05 Mn |
| Mar 31, 2023 | 77.34 Mn |
| Dec 31, 2022 | 79.59 Mn |
| Sep 30, 2022 | 82.34 Mn |
| Jun 30, 2022 | 81.89 Mn |
| Mar 31, 2022 | 84.57 Mn |
| Dec 31, 2021 | 88.48 Mn |
| Sep 30, 2021 | 89.70 Mn |
API Access
Stem Total Debt 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=total-debt&ticker=STEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=STEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();