StepStone (STEP) EBIAT (2019 - 2025)
StepStone posted quarterly EBIAT of -$162.4 million for Q4 2025, up 43.43% year-on-year from -$113.2 million in Q4 2024, and up 71.77% on a QoQ basis from -$575.5 million in Q3 2025.
StepStone (STEP) has 7 years of EBIAT data on file, last reported at -$162.4 million in Q4 2025.
- For the quarter ending Q4 2025, EBIAT rose 43.43% year-over-year to -$162.4 million; the trailing twelve-month figure through Dec 2025 stood at -$736.8 million (down 196.29% YoY), and the FY2025 full-year result was -$172.8 million, down 397.51% from the prior year.
- EBIAT for Q4 2025 stood at -$162.4 million, up from -$575.5 million in the prior quarter.
- Across five years, EBIAT topped out at $256.9 million in Q1 2021 and bottomed at -$575.5 million in Q3 2025.
- The 5-year median for EBIAT is $15.4 million (2024), against an average of -$13.6 million.
- The widest annual swing landed in 2021, when EBIAT jumped 16285.06%; it then plunged 3363.9% in 2025.
- A 5-year view of EBIAT shows it stood at $126.3 million in 2021, then plunged by 105.49% to -$6.9 million in 2022, then plunged by 237.55% to -$23.4 million in 2023, then sank by 1126.2% to -$287.2 million in 2024, then surged by 43.43% to -$162.4 million in 2025.
- The last three EBIAT figures came in at -$162.4 million (Q4 2025), -$575.5 million (Q3 2025), and -$12.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIAT (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 | - | - |
| 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 | -1.91 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 915.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 142.59 Mn |
| 10 | StepStone | 3.79 Bn | 4.63 Bn | - | -162.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -162.44 Mn |
| 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 | 17.63 Mn |
| Jun 30, 2024 | 48.05 Mn |
| Mar 31, 2024 | -27.19 Mn |
| Dec 31, 2023 | -23.42 Mn |
| Sep 30, 2023 | 26.23 Mn |
| Jun 30, 2023 | 49.45 Mn |
| Mar 31, 2023 | 28.80 Mn |
| Dec 31, 2022 | -6.94 Mn |
| Sep 30, 2022 | -29.22 Mn |
| Jun 30, 2022 | -11.04 Mn |
| Mar 31, 2022 | 41.82 Mn |
| Dec 31, 2021 | 126.29 Mn |
| Sep 30, 2021 | 127.86 Mn |
| Jun 30, 2021 | 126.52 Mn |
| Mar 31, 2021 | 256.90 Mn |
| Dec 31, 2020 | 105.71 Mn |
| Sep 30, 2020 | -790,000.00 |
| Sep 30, 2019 | 46.36 Mn |