Growth Metrics

StepStone (STEP) Consolidated Net Income (2019 - 2025)

StepStone posted quarterly Consolidated Net Income of -$575.5 million for Q3 2025, down 1183.01% year-on-year from $53.1 million in Q3 2024, and down 4691.36% on a QoQ basis from -$12.0 million in Q2 2025.

StepStone (STEP) has 7 years of Consolidated Net Income data on file, last reported at -$575.5 million in Q3 2025.

  • For the quarter ending Q3 2025, Consolidated Net Income fell 1183.01% year-over-year to -$575.5 million; the trailing twelve-month figure through Dec 2025 stood at -$574.3 million (down 455.26% YoY), and the FY2025 full-year result was -$172.8 million, down 202.98% from the prior year.
  • Consolidated Net Income for Q3 2025 stood at -$575.5 million, down from -$12.0 million in the prior quarter.
  • Across five years, Consolidated Net Income topped out at $151.2 million in Q1 2021 and bottomed at -$575.5 million in Q3 2025.
  • The 5-year median for Consolidated Net Income is $49.4 million (2023), against an average of -$121421.1.
  • The widest annual swing landed in 2021, when Consolidated Net Income soared 341.63%; it then sank 1183.01% in 2025.
  • A 5-year view of Consolidated Net Income shows it stood at $126.3 million in 2021, then tumbled by 110.73% to -$13.6 million in 2022, then slumped by 72.77% to -$23.4 million in 2023, then sank by 1126.2% to -$287.2 million in 2024, then plunged by 100.41% to -$575.5 million in 2025.
  • The last three Consolidated Net Income figures came in at -$575.5 million (Q3 2025), -$12.0 million (Q2 2025), and $13.2 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 2.33 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 1.26 Bn
3 Kkr 84.94 Bn 132.45 Bn - 277.51 Mn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 586.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn -1.41 Bn
6 State Street 44.42 Bn 18.75 Bn - 764.00 Mn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 915.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - 525.50 Mn
9 Ares Management 28.85 Bn 32.22 Bn - 253.05 Mn
10 StepStone 3.79 Bn 4.63 Bn - -

Historic Data

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DateValue
Sep 30, 2025 -575.49 Mn
Jun 30, 2025 -12.01 Mn
Mar 31, 2025 13.15 Mn
Dec 31, 2024 -287.16 Mn
Sep 30, 2024 53.14 Mn
Jun 30, 2024 48.05 Mn
Mar 31, 2024 82.54 Mn
Dec 31, 2023 -23.42 Mn
Sep 30, 2023 59.25 Mn
Jun 30, 2023 49.45 Mn
Mar 31, 2023 56.82 Mn
Dec 31, 2022 -13.56 Mn
Sep 30, 2022 -67.07 Mn
Jun 30, 2022 -21.47 Mn
Mar 31, 2022 103.61 Mn
Dec 31, 2021 126.29 Mn
Sep 30, 2021 127.86 Mn
Jun 30, 2021 126.52 Mn
Mar 31, 2021 151.20 Mn
Dec 31, 2020 107.39 Mn
Sep 30, 2020 108.37 Mn
Jun 30, 2020 -52.36 Mn
Mar 31, 2020 50.18 Mn
Dec 31, 2019 17.23 Mn
Sep 30, 2019 46.36 Mn