Growth Metrics

StepStone (STEP) Accumulated Expenses (2020 - 2025)

StepStone filings provide 6 years of Accumulated Expenses readings, the most recent being $2.4 billion for Q4 2025.

  • On a quarterly basis, Accumulated Expenses rose 248.28% to $2.4 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $2.4 billion, a 248.28% increase, with the full-year FY2025 number at $736.7 million, up 625.94% from a year prior.
  • Accumulated Expenses hit $2.4 billion in Q4 2025 for StepStone, up from $1.8 billion in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $2.4 billion in Q4 2025 to a low of $34.2 million in Q1 2021.
  • Median Accumulated Expenses over the past 5 years was $97.0 million (2023), compared with a mean of $393.7 million.
  • Biggest five-year swings in Accumulated Expenses: grew 15.23% in 2022 and later soared 941.42% in 2025.
  • StepStone's Accumulated Expenses stood at $60.3 million in 2021, then skyrocketed by 30.89% to $78.9 million in 2022, then soared by 66.91% to $131.7 million in 2023, then soared by 424.02% to $690.3 million in 2024, then soared by 248.28% to $2.4 billion in 2025.
  • The last three reported values for Accumulated Expenses were $2.4 billion (Q4 2025), $1.8 billion (Q3 2025), and $943.0 million (Q2 2025) per Business Quant data.