StepStone (STEP) Change in Accured Expenses (2019 - 2025)
StepStone (STEP) reported Change in Accured Expenses of $202.78 million for fiscal Q3 2026 (quarter ended Dec 31, 2025), up 387.2% from $41.62 million a year earlier.
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Analysis
StepStone (STEP) Change in Accured Expenses (2019 - 2025) Analysis & Trends
Over the twelve months ended Dec 31, 2025, StepStone's Change in Accured Expenses came in at $184.75 million, up 394.6% year-over-year; for FY2025 (ended Mar 31, 2025), it came in at $13.15 million, down 21.0% from FY2024.
- Change in Accured Expenses has a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- By fiscal year, Change in Accured Expenses came in at $16.65 million in FY2024 (+49.2%), $11.16 million in FY2023 (+67.5%), $6.66 million in FY2022 (-71.6%) and $23.44 million in FY2021 (+195.3%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Change in Accured Expenses in data going back to fiscal Q3 2020.
- Year over year, Change in Accured Expenses gained in four of the last six quarters, with growth averaging 117.2%.
- The high point for year-over-year Change in Accured Expenses in five years was fiscal Q3 2026 (growth of 387.2%); the low point was fiscal Q1 2025 (a decline of 51.8%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $12.47 million (Q2 2026), $29.33 million (Q1 2026) and -$59.83 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Accured Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.06 Bn | 111.42 Bn | - | 845.00 Mn |
| 2 | Spdr Gold Trust | 134.74 Bn | -423.26 Bn | - | - |
| 3 | Blackstone | 84.49 Bn | 79.41 Bn | - | -244.18 Mn |
| 4 | Brookfield | 82.12 Bn | -83.26 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.93 Bn | 48.41 Bn | - | 834.56 Mn |
| 6 | Brookfield Asset Management | 71.19 Bn | 67.44 Bn | - | - |
| 7 | Apollo Global Management | 65.87 Bn | 3.55 Bn | 10.56 Bn | - |
| 8 | Wheaton Precious Metals | 60.57 Bn | 55.99 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 45.46 Bn | 42.82 Bn | 451.00 Mn | -10.40 Mn |
| 10 | StepStone | 5.33 Bn | 4.63 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 202.78 Mn |
| Sep 30, 2025 | 12.47 Mn |
| Jun 30, 2025 | 29.33 Mn |
| Mar 31, 2025 | -59.83 Mn |
| Dec 31, 2024 | 41.62 Mn |
| Sep 30, 2024 | 20.74 Mn |
| Jun 30, 2024 | 10.62 Mn |
| Mar 31, 2024 | -35.63 Mn |
| Dec 31, 2023 | 13.54 Mn |
| Sep 30, 2023 | 16.69 Mn |
| Jun 30, 2023 | 22.05 Mn |
| Mar 31, 2023 | -23.90 Mn |
| Dec 31, 2022 | 3.28 Mn |
| Sep 30, 2022 | -645,000.00 |
| Jun 30, 2022 | 32.43 Mn |
| Mar 31, 2022 | -19.41 Mn |
| Dec 31, 2021 | -5.19 Mn |
| Sep 30, 2021 | 14.49 Mn |
| Jun 30, 2021 | 16.78 Mn |
| Mar 31, 2021 | 4.13 Mn |
API Access
StepStone Change in Accured Expenses 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=change-in-accured-expenses&ticker=STEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-accured-expenses", "ticker": "STEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-accured-expenses&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();