StepStone (STEP) EBT (2019 - 2025)
StepStone's (STEP) quarterly EBT came in at -$675.8 million in Q3 2025, down 1267.47% YoY from $57.9 million in Q3 2024, and down 3221.01% on a QoQ basis from -$20.3 million in Q2 2025.
StepStone (STEP) EBT (2019 - 2025) Analysis & Trends
StepStone (STEP) has 7 years of EBT data on file, last reported at -$675.8 million in Q3 2025.
- Quarterly EBT fell 1267.47% year-over-year to -$675.8 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was -$1.0 billion (down 663.04% YoY) and the FY2025 annual result came in at -$222.0 million, down 213.63% from the prior year.
- EBT declined to -$675.8 million in Q3 2025, from -$20.3 million in the prior quarter.
- In the past five years, EBT ranged from a high of $162.9 million in Q1 2021 to a low of -$675.8 million in Q3 2025.
- A 5-year average of -$4.7 million and a median of $57.9 million in 2024 frame the typical range for EBT.
- Annual changes were most pronounced in 2023 — EBT soared 387.56% — and 2024, when it plunged 1327.86%.
- Tracing STEP's EBT over 5 years: 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.07 Bn | 165.20 Bn | - | 2.72 Bn |
| 2 | Blackstone | 115.64 Bn | 113.13 Bn | - | 2.81 Bn |
| 3 | Kkr | 98.04 Bn | -179.04 Bn | - | 1.37 Bn |
| 4 | Brookfield | 93.64 Bn | 46.23 Bn | - | - |
| 5 | Brookfield Asset Management | 84.00 Bn | 82.50 Bn | - | 1.33 Bn |
| 6 | Apollo Global Management | 79.05 Bn | 53.68 Bn | 10.54 Bn | 2.49 Bn |
| 7 | Ameriprise Financial | 51.33 Bn | 40.28 Bn | 4.72 Bn | 1.44 Bn |
| 8 | State Street | 51.16 Bn | 51.16 Bn | - | 1.39 Bn |
| 9 | Raymond James Financial | 33.94 Bn | 20.68 Bn | - | 750.00 Mn |
| 10 | StepStone | 4.00 Bn | 3.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |