StepStone (STEP) Change in Receivables (2019 - 2025)

StepStone (STEP) posted Change in Receivables of $10.2 million for Q4 2025, up 212.62% on a QoQ basis from -$9.1 million in Q3 2025, and up 323.0% year-over-year from $2.4 million in Q4 2024.

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

StepStone's Change in Receivables history runs 7 years deep, the most recent figure standing at $10.2 million for 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 was $10.2 million for Q4 2025 at StepStone, up from -$9.1 million in the prior quarter.
  • Across five years, Change in Receivables topped out at $17.3 million in Q1 2025 and bottomed at -$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 plunged 1153.9% — and 2025, when it surged 1378.56%.
  • StepStone's Change in Receivables stood at -$1.6 million in 2021, then jumped by 619.1% to $8.4 million in 2022, then soared by 53.34% to $12.9 million in 2023, then plunged by 135.47% to -$4.6 million in 2024, then jumped by 323.0% to $10.2 million in 2025.
  • Business Quant data shows STEP's Change in Receivables at $10.2 million in Q4 2025, -$9.1 million in Q3 2025, and $9.6 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - 111.00 Mn
3 Blackstone 97.77 Bn 96.72 Bn - 367.00 Mn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn -
5 State Street 51.30 Bn 51.30 Bn - -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 269.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - 164.80 Mn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 685.00 Mn
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 StepStone 3.23 Bn 3.12 Bn - 10.22 Mn

Historic Data

Download Data
DateValue
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