StepStone (STEP) Change in Receivables (2019 - 2025)
StepStone (STEP) reported Change in Receivables of $10.2 million for Q4 2025, up 323.0% on a YoY basis from $2.4 million in Q4 2024, and up 212.62% quarter-over-quarter from -$9.1 million in Q3 2025.
StepStone (STEP) Change in Receivables (2019 - 2025) Analysis & Trends
StepStone has reported Change in Receivables for 7 years, with the latest figure at $10.2 million in Q4 2025.
- For the quarter ending Q4 2025, Change in Receivables rose 323.0% year-over-year to $10.2 million; the trailing twelve-month figure through Dec 2025 stood at $28.1 million (up 421.45% YoY), and the FY2025 full-year result was $24.1 million, up 95.17% from the prior year.
- Change in Receivables for Q4 2025 stood at $10.2 million, up from -$9.1 million in the prior quarter.
- The five-year high for Change in Receivables was $17.3 million in Q1 2025, with the low at -$9.1 million in Q3 2025.
- Historically, Change in Receivables has averaged $3.2 million across 5 years, with a median of $1.6 million in 2023.
- Annual changes were most pronounced in 2021 — Change in Receivables sank 1153.9% — and 2025, when it surged 1378.56%.
- StepStone's Change in Receivables 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 111.00 Mn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 367.00 Mn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | - |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | - |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 313.00 Mn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 269.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 164.80 Mn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 685.00 Mn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | StepStone | 3.56 Bn | 4.40 Bn | - | 10.22 Mn |
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 |