StepStone (STEP) EBIT (2019 - 2025)

StepStone (STEP) reported EBIT of -$671.4 million for Q3 2025, down 1193.49% on a YoY basis from $61.4 million in Q3 2024, and down 4145.07% quarter-over-quarter from -$15.8 million in Q2 2025.

StepStone (STEP) EBIT (2019 - 2025) Analysis & Trends

StepStone has reported EBIT for 7 years, with the latest figure at -$671.4 million in Q3 2025.

  • For the quarter ending Q3 2025, EBIT fell 1193.49% year-over-year to -$671.4 million; the trailing twelve-month figure through Sep 2025 stood at -$1.0 billion (down 621.41% YoY), and the FY2025 full-year result was -$209.3 million, down 202.25% from the prior year.
  • EBIT for Q3 2025 stood at -$671.4 million, down from -$15.8 million in the prior quarter.
  • The five-year high for EBIT was $162.9 million in Q1 2021, with the low at -$671.4 million in Q3 2025.
  • Historically, EBIT has averaged -$2.8 million across 5 years, with a median of $60.1 million in 2023.
  • Annual changes were most pronounced in 2023 — EBIT jumped 406.43% — and 2024, when it slumped 1483.44%.
  • StepStone's EBIT stood at $142.6 million in 2021, then plunged by 109.24% to -$13.2 million in 2022, then sank by 63.78% to -$21.6 million in 2023, then tumbled by 1483.44% to -$341.7 million in 2024, then tumbled by 96.48% to -$671.4 million in 2025.
  • The last three EBIT figures came in at -$671.4 million (Q3 2025), -$15.8 million (Q2 2025), and $13.1 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 2.81 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 1.59 Bn
3 Kkr 86.45 Bn 133.96 Bn - 1.99 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 79.00 Mn
5 State Street 46.95 Bn 21.27 Bn - 2.79 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 901.00 Mn
7 Northern Trust 31.92 Bn 31.92 Bn - 2.28 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 363.68 Mn
10 StepStone 3.56 Bn 4.40 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -671.40 Mn
Jun 30, 2025 -15.82 Mn
Mar 31, 2025 13.14 Mn
Dec 31, 2024 -341.71 Mn
Sep 30, 2024 61.40 Mn
Jun 30, 2024 57.83 Mn
Mar 31, 2024 97.16 Mn
Dec 31, 2023 -21.58 Mn
Sep 30, 2023 69.09 Mn
Jun 30, 2023 60.06 Mn
Mar 31, 2023 69.18 Mn
Dec 31, 2022 -13.18 Mn
Sep 30, 2022 -73.67 Mn
Jun 30, 2022 -19.60 Mn
Mar 31, 2022 116.32 Mn
Dec 31, 2021 142.62 Mn
Sep 30, 2021 113.81 Mn
Jun 30, 2021 140.95 Mn
Mar 31, 2021 162.87 Mn
Dec 31, 2020 116.96 Mn