StepStone (STEP) EBITDA (2019 - 2025)

StepStone has reported EBITDA for 7 years, with the latest figure at -$123.5 million in Q4 2025.

• For the quarter ending Q4 2025, EBITDA rose 56.96% year-over-year to -$123.5 million; the trailing twelve-month figure through Dec 2025 stood at -$797.6 million (down 1030.41% YoY), and the FY2025 full-year result was -$209.3 million, down 202.25% from the prior year.
• EBITDA for Q4 2025 stood at -$123.5 million, up from -$671.4 million in the prior quarter.
• The five-year high for EBITDA was $162.9 million in Q1 2021, with the low at -$671.4 million in Q3 2025.
• Historically, EBITDA has averaged -$6.1 million across 5 years, with a median of $58.9 million in 2023.
• Annual changes were most pronounced in 2023 — EBITDA jumped 406.43% — and 2024, when it slumped 1229.72%.
• StepStone's EBITDA 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 1229.72% to -$287.0 million in 2024, then jumped by 56.96% to -$123.5 million in 2025.
• The last three EBITDA figures came in at -$123.5 million (Q4 2025), -$671.4 million (Q3 2025), and -$15.8 million (Q2 2025), per Business Quant data.