StepStone (STEP) EBT (2019 - 2025)

StepStone (STEP) reported EBT of -$675.8 million for Q3 2025, down 1267.47% on a YoY basis from $57.9 million in Q3 2024, and down 3221.01% quarter-over-quarter from -$20.3 million in Q2 2025.

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

StepStone has reported EBT for 7 years, with the latest figure at -$675.8 million in Q3 2025.

  • For the quarter ending Q3 2025, EBT fell 1267.47% year-over-year to -$675.8 million; the trailing twelve-month figure through Sep 2025 stood at -$1.0 billion (down 663.04% YoY), and the FY2025 full-year result was -$222.0 million, down 213.63% from the prior year.
  • EBT for Q3 2025 stood at -$675.8 million, down from -$20.3 million in the prior quarter.
  • The five-year high for EBT was $162.9 million in Q1 2021, with the low at -$675.8 million in Q3 2025.
  • Historically, EBT has averaged -$4.7 million across 5 years, with a median of $57.9 million in 2024.
  • Annual changes were most pronounced in 2023 — EBT soared 387.56% — and 2024, when it plunged 1327.86%.
  • StepStone's EBT stood at $142.1 million in 2021, then tumbled by 110.06% to -$14.3 million in 2022, then plunged by 68.98% to -$24.1 million in 2023, then sank by 1327.86% to -$344.7 million in 2024, then tumbled by 96.05% to -$675.8 million in 2025.
  • The last three EBT figures came in at -$675.8 million (Q3 2025), -$20.3 million (Q2 2025), and $10.0 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 2.84 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 1.46 Bn
3 Kkr 86.45 Bn 133.96 Bn - 462.89 Mn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 283.00 Mn
5 State Street 46.95 Bn 21.27 Bn - 969.00 Mn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 1.14 Bn
7 Northern Trust 31.92 Bn 31.92 Bn - 700.60 Mn
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 312.92 Mn
10 StepStone 3.56 Bn 4.40 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -675.83 Mn
Jun 30, 2025 -20.35 Mn
Mar 31, 2025 9.95 Mn
Dec 31, 2024 -344.72 Mn
Sep 30, 2024 57.89 Mn
Jun 30, 2024 54.84 Mn
Mar 31, 2024 94.52 Mn
Dec 31, 2023 -24.14 Mn
Sep 30, 2023 66.98 Mn
Jun 30, 2023 58.04 Mn
Mar 31, 2023 67.51 Mn
Dec 31, 2022 -14.29 Mn
Sep 30, 2022 -74.49 Mn
Jun 30, 2022 -20.19 Mn
Mar 31, 2022 115.84 Mn
Dec 31, 2021 142.08 Mn
Sep 30, 2021 113.72 Mn
Jun 30, 2021 140.94 Mn
Mar 31, 2021 162.87 Mn
Dec 31, 2020 116.94 Mn