StepStone (STEP) Change in Receivables (2019 - 2025)
StepStone's (STEP) quarterly Change in Receivables came in at $10.2 million in Q4 2025, up 323.0% YoY from $2.4 million in Q4 2024, and up 212.62% on a QoQ basis from -$9.1 million in Q3 2025.
StepStone (STEP) Change in Receivables (2019 - 2025) Analysis & Trends
StepStone (STEP) has 7 years of Change in Receivables data on file, last reported at $10.2 million in Q4 2025.
- Quarterly Change in Receivables rose 323.0% year-over-year to $10.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $28.1 million (up 421.45% YoY) and the FY2025 annual result came in at $24.1 million, up 95.17% from the prior year.
- Change in Receivables advanced to $10.2 million in Q4 2025, from -$9.1 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $17.3 million in Q1 2025 to a low of -$9.1 million in Q3 2025.
- A 5-year average of $3.2 million and a median of $1.6 million in 2023 frame the typical range for Change in Receivables.
- Annual changes were most pronounced in 2021 — Change in Receivables sank 1153.9% — and 2025, when it surged 1378.56%.
- Tracing STEP's Change in Receivables over 5 years: stood at -$1.6 million in 2021, then surged by 619.1% to $8.4 million in 2022, then jumped by 53.34% to $12.9 million in 2023, then slumped by 135.47% to -$4.6 million in 2024, then surged by 323.0% to $10.2 million in 2025.
- The last three Change in Receivables figures came in at $10.2 million (Q4 2025), -$9.1 million (Q3 2025), and $9.6 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.24 Bn | 165.37 Bn | - | 222.00 Mn |
| 2 | Blackstone | 114.72 Bn | 112.22 Bn | - | 35.66 Mn |
| 3 | Kkr | 97.18 Bn | -179.90 Bn | - | - |
| 4 | Brookfield | 93.29 Bn | 45.89 Bn | - | - |
| 5 | Brookfield Asset Management | 83.67 Bn | 82.16 Bn | - | -22.00 Mn |
| 6 | Apollo Global Management | 78.67 Bn | 53.30 Bn | 10.54 Bn | - |
| 7 | State Street | 51.33 Bn | 51.33 Bn | - | - |
| 8 | Ameriprise Financial | 51.05 Bn | 40.00 Bn | 4.72 Bn | 712.00 Mn |
| 9 | Raymond James Financial | 33.89 Bn | 20.64 Bn | - | 660.00 Mn |
| 10 | StepStone | 3.96 Bn | 3.06 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 10.22 Mn |
| Dec 31, 2025 | 10.22 Mn |
| Sep 30, 2025 | -9.07 Mn |
| Sep 30, 2025 | -9.07 Mn |
| Jun 30, 2025 | 9.64 Mn |
| Jun 30, 2025 | 9.64 Mn |
| Mar 31, 2025 | 17.35 Mn |
| Mar 31, 2025 | 17.35 Mn |
| Dec 31, 2024 | -4.58 Mn |
| Dec 31, 2024 | -4.58 Mn |
| Sep 30, 2024 | 9.77 Mn |
| Sep 30, 2024 | 9.77 Mn |
| Jun 30, 2024 | 1.57 Mn |
| Jun 30, 2024 | 1.57 Mn |
| Mar 31, 2024 | -1.36 Mn |
| Mar 31, 2024 | -1.36 Mn |
| Dec 31, 2023 | 12.92 Mn |
| Dec 31, 2023 | 12.92 Mn |
| Sep 30, 2023 | -854,000.00 |
| Sep 30, 2023 | -854,000.00 |