Stem annual net debt
2020
2021
2022
2023
2024
2025
Stem Net Debt Growth & History (STEM)
Stem's net debt was $147.5M for fiscal 2025.
View full Stem company overviewStem annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $147.5M | −$338.2M | −69.63% |
| 2024 | 2024-12-31 | $485.7M | $54.1M | +12.52% |
| 2023 | 2023-12-31 | $431.7M | $58.1M | +15.56% |
| 2022 | 2022-12-31 | $373.5M | $791.4M | — |
| 2021 | 2021-12-31 | −$417.8M | −$411.3M | — |
| 2020 | 2020-12-31 | −$6.6M | — | — |
Stem quarterly net debt
Q4.20
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $155.7M | $1.6M | +1.05% |
| Q1 2026 | 2026-03-31 | $158.2M | −$322.2M | −67.07% |
| Q4 2025 | 2025-12-31 | $147.5M | −$338.2M | −69.63% |
| Q3 2025 | 2025-09-30 | $150.9M | −$311.9M | −67.39% |
| Q2 2025 | 2025-06-30 | $154.0M | −$292.9M | −65.54% |
| Q1 2025 | 2025-03-31 | $480.4M | $59.2M | +14.04% |
| Q4 2024 | 2024-12-31 | $485.7M | $54.1M | +12.52% |
| Q3 2024 | 2024-09-30 | $462.8M | $25.6M | +5.87% |
| Q2 2024 | 2024-06-30 | $447.0M | −$12.0M | −2.62% |
| Q1 2024 | 2024-03-31 | $421.3M | $78.1M | +22.77% |
| Q4 2023 | 2023-12-31 | $431.7M | $58.1M | +15.56% |
| Q3 2023 | 2023-09-30 | $437.1M | $78.5M | +21.90% |
| Q2 2023 | 2023-06-30 | $459.0M | $151.1M | +49.10% |
| Q1 2023 | 2023-03-31 | $343.1M | $58.7M | +20.65% |
| Q4 2022 | 2022-12-31 | $373.5M | $791.4M | — |
| Q3 2022 | 2022-09-30 | $358.6M | $751.1M | — |
| Q2 2022 | 2022-06-30 | $307.8M | $781.1M | — |
| Q1 2022 | 2022-03-31 | $284.4M | — | — |
| Q4 2021 | 2021-12-31 | −$417.8M | −$411.3M | — |
| Q3 2021 | 2021-09-30 | −$392.5M | — | — |
| Q2 2021 | 2021-06-30 | −$473.3M | — | — |
| Q4 2020 | 2020-12-31 | −$6.6M | — | — |
Stem net debt trends
Over the last five fiscal years, Stem's net debt increased from −$6.6M to $147.5M, a change of $154.1M. The latest reported quarter, Q2 2026, shows $155.7M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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