StepStone (STEP) Change in Accured Expenses (2019 - 2025)
StepStone's (STEP) quarterly Change in Accured Expenses came in at -$43.5 million in Q4 2025, down 474.55% YoY from $11.6 million in Q4 2024, and down 448.98% on a QoQ basis from $12.5 million in Q3 2025.
StepStone (STEP) Change in Accured Expenses (2019 - 2025) Analysis & Trends
StepStone (STEP) has 7 years of Change in Accured Expenses data on file, last reported at -$43.5 million in 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 declined to -$43.5 million in Q4 2025, from $12.5 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $46.5 million in Q4 2023 to a low of -$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.
- The widest YoY moves for Change in Accured Expenses: up 1901.84% in 2025, down 474.55% in 2025.
- Tracing STEP's Change in Accured Expenses over 5 years: stood at -$5.2 million in 2021, then grew by 10.92% to -$4.6 million in 2022, then soared by 1106.07% to $46.5 million in 2023, then slumped by 116.28% to -$7.6 million in 2024, then slumped by 474.55% to -$43.5 million in 2025.
- The last three Change in Accured Expenses figures came in at -$43.5 million (Q4 2025), $12.5 million (Q3 2025), and $29.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | -2.06 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | -244.18 Mn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 834.56 Mn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | - |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 2.71 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 387.00 Mn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 407.00 Mn |
| 10 | StepStone | 3.96 Bn | 3.06 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |