StepStone (STEP) Deferred Taxes (2020 - 2025)
StepStone posted quarterly Deferred Taxes of -$41.8 million for Q4 2025, up 30.41% year-on-year from -$32.1 million in Q4 2024, and up 62.9% on a QoQ basis from -$112.7 million in Q3 2025.
StepStone (STEP) has 6 years of Deferred Taxes data on file, last reported at -$41.8 million in Q4 2025.
- For the quarter ending Q4 2025, Deferred Taxes rose 30.41% year-over-year to -$41.8 million; the trailing twelve-month figure through Dec 2025 stood at -$186.1 million (down 267.88% YoY), and the FY2025 full-year result was -$75.1 million, down 914.82% from the prior year.
- Deferred Taxes for Q4 2025 stood at -$41.8 million, up from -$112.7 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $13.9 million in Q4 2021 and bottomed at -$112.7 million in Q3 2025.
- The 5-year median for Deferred Taxes is -$3.4 million (2022), against an average of -$11.7 million.
- Peak annual rise in Deferred Taxes reached 125640.0% in 2021, while the deepest fall reached 31970.59% in 2021.
- A 5-year view of Deferred Taxes shows it stood at $13.9 million in 2021, then plunged by 139.6% to -$5.5 million in 2022, then sank by 81.16% to -$10.0 million in 2023, then tumbled by 501.78% to -$60.1 million in 2024, then soared by 30.41% to -$41.8 million in 2025.
- The last three Deferred Taxes figures came in at -$41.8 million (Q4 2025), -$112.7 million (Q3 2025), and -$14.1 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 60.00 Mn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 27.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 28.00 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | -19.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | StepStone | 3.79 Bn | 4.63 Bn | - | -41.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -41.81 Mn |
| Sep 30, 2025 | -112.69 Mn |
| Jun 30, 2025 | -14.10 Mn |
| Mar 31, 2025 | -17.50 Mn |
| Dec 31, 2024 | -60.08 Mn |
| Sep 30, 2024 | 1.49 Mn |
| Jun 30, 2024 | 1.03 Mn |
| Mar 31, 2024 | 6.97 Mn |
| Dec 31, 2023 | -9.98 Mn |
| Sep 30, 2023 | 7.25 Mn |
| Jun 30, 2023 | 4.98 Mn |
| Mar 31, 2023 | 5.93 Mn |
| Dec 31, 2022 | -5.51 Mn |
| Sep 30, 2022 | -10.29 Mn |
| Jun 30, 2022 | -2.82 Mn |
| Mar 31, 2022 | -4.00 Mn |
| Dec 31, 2021 | 13.92 Mn |
| Sep 30, 2021 | -16.25 Mn |
| Jun 30, 2021 | 12.55 Mn |
| Mar 31, 2021 | 7.25 Mn |
| Dec 31, 2020 | 8.63 Mn |
| Sep 30, 2020 | 51,000.00 |
| Jun 30, 2020 | -10,000.00 |