Growth Metrics

StepStone (STEP) Accumulated Expenses (2020 - 2025)

StepStone (STEP) has disclosed Accumulated Expenses for 6 consecutive years, with $2.4 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Accumulated Expenses rose 248.28% year-over-year to $2.4 billion, compared with a TTM value of $2.4 billion through Dec 2025, up 248.28%, and an annual FY2025 reading of $736.7 million, up 625.94% over the prior year.
  • Accumulated Expenses was $2.4 billion for Q4 2025 at StepStone, up from $1.8 billion in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $2.4 billion in Q4 2025 and bottomed at $34.2 million in Q1 2021.
  • Average Accumulated Expenses over 5 years is $393.7 million, with a median of $97.0 million recorded in 2023.
  • The sharpest move saw Accumulated Expenses rose 15.23% in 2022, then surged 941.42% in 2025.
  • Year by year, 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.
  • Business Quant data shows Accumulated Expenses for STEP at $2.4 billion in Q4 2025, $1.8 billion in Q3 2025, and $943.0 million in Q2 2025.