StepStone (STEP) Change in Accured Expenses (2019 - 2025)

StepStone (STEP) posted Change in Accured Expenses of -$43.5 million for Q4 2025, down 448.98% on a QoQ basis from $12.5 million in Q3 2025, and down 474.55% year-over-year from $11.6 million in Q4 2024.

StepStone (STEP) Change in Accured Expenses (2019 - 2025) Analysis & Trends

StepStone's Change in Accured Expenses history runs 7 years deep, the most recent figure standing at -$43.5 million for Q4 2025.

  • Quarterly Change in Accured Expenses fell 474.55% year-over-year to -$43.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $6.6 million (up 116.21% YoY) and the FY2025 annual result came in at $3.6 million, down 78.23% from the prior year.
  • Change in Accured Expenses was -$43.5 million for Q4 2025 at StepStone, down from $12.5 million in the prior quarter.
  • Across five years, Change in Accured Expenses topped out at $46.5 million in Q4 2023 and bottomed at -$43.5 million in Q4 2025.
  • A 5-year average of $924150.0 and a median of $1.8 million in 2023 frame the typical range for Change in Accured Expenses.
  • Peak annual rise in Change in Accured Expenses reached 1901.84% in 2025, while the deepest fall reached 474.55% in 2025.
  • StepStone's Change in Accured Expenses stood at -$5.2 million in 2021, then rose by 10.92% to -$4.6 million in 2022, then surged by 1106.07% to $46.5 million in 2023, then plunged by 116.28% to -$7.6 million in 2024, then plunged by 474.55% to -$43.5 million in 2025.
  • Business Quant data shows STEP's Change in Accured Expenses at -$43.5 million in Q4 2025, $12.5 million in Q3 2025, and $29.3 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -2.26 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 176.55 Mn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn -
5 State Street 51.30 Bn 51.30 Bn - 1.63 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn -467.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - 28.60 Mn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 166.00 Mn
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 StepStone 3.23 Bn 3.12 Bn - -43.53 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -43.53 Mn
Dec 31, 2025 -43.53 Mn
Sep 30, 2025 12.47 Mn
Sep 30, 2025 12.47 Mn
Jun 30, 2025 29.33 Mn
Jun 30, 2025 29.33 Mn
Mar 31, 2025 8.30 Mn
Mar 31, 2025 8.30 Mn
Dec 31, 2024 -7.58 Mn
Dec 31, 2024 -7.58 Mn
Sep 30, 2024 1.40 Mn
Sep 30, 2024 1.40 Mn
Jun 30, 2024 1.47 Mn
Jun 30, 2024 1.47 Mn
Mar 31, 2024 -35.82 Mn
Mar 31, 2024 -35.82 Mn
Dec 31, 2023 46.54 Mn
Dec 31, 2023 46.54 Mn
Sep 30, 2023 3.54 Mn
Sep 30, 2023 3.54 Mn