StepStone (STEP) Deferred Taxes (2020 - 2025)
StepStone (STEP) posted Deferred Taxes of -$41.8 million for Q4 2025, up 62.9% on a QoQ basis from -$112.7 million in Q3 2025, and up 30.41% year-over-year from -$32.1 million in Q4 2024.
StepStone (STEP) Deferred Taxes (2020 - 2025) Analysis & Trends
StepStone's Deferred Taxes history runs 6 years deep, the most recent figure standing at -$41.8 million for Q4 2025.
- Quarterly Deferred Taxes rose 30.41% year-over-year to -$41.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$186.1 million (down 267.88% YoY) and the FY2025 annual result came in at -$75.1 million, down 914.82% from the prior year.
- Deferred Taxes was -$41.8 million for Q4 2025 at StepStone, 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.
- A 5-year average of -$11.7 million and a median of -$3.4 million in 2022 frame the typical range for Deferred Taxes.
- Peak annual rise in Deferred Taxes reached 125640.0% in 2021, while the deepest fall reached 31970.59% in 2021.
- StepStone's Deferred Taxes stood at $13.9 million in 2021, then tumbled by 139.6% to -$5.5 million in 2022, then plunged by 81.16% to -$10.0 million in 2023, then slumped by 501.78% to -$60.1 million in 2024, then jumped by 30.41% to -$41.8 million in 2025.
- Business Quant data shows STEP's Deferred Taxes at -$41.8 million in Q4 2025, -$112.7 million in Q3 2025, and -$14.1 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 60.00 Mn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | - |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 28.00 Mn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | -19.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 77.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | StepStone | 3.23 Bn | 3.12 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 |