Growth Metrics

StepStone (STEP) EBITDA (2019 - 2025)

StepStone filings provide 7 years of EBITDA readings, the most recent being -$123.5 million for Q4 2025.

  • On a quarterly basis, EBITDA rose 56.96% to -$123.5 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$797.6 million, a 1030.41% decrease, with the full-year FY2025 number at -$209.3 million, down 202.25% from a year prior.
  • EBITDA hit -$123.5 million in Q4 2025 for StepStone, up from -$671.4 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $162.9 million in Q1 2021 to a low of -$671.4 million in Q3 2025.
  • Median EBITDA over the past 5 years was $58.9 million (2023), compared with a mean of -$6.1 million.
  • Biggest five-year swings in EBITDA: soared 406.43% in 2023 and later plummeted 1229.72% in 2024.
  • StepStone's EBITDA stood at $142.6 million in 2021, then plummeted by 109.24% to -$13.2 million in 2022, then crashed by 63.78% to -$21.6 million in 2023, then plummeted by 1229.72% to -$287.0 million in 2024, then soared by 56.96% to -$123.5 million in 2025.
  • The last three reported values for EBITDA were -$123.5 million (Q4 2025), -$671.4 million (Q3 2025), and -$15.8 million (Q2 2025) per Business Quant data.