StepStone STEP
NASDAQ STEP
$49.92 -0.02 (-0.04%)
As of: Sep 10, 2026 · 1:18 PM EDT

StepStone (STEP) EBT (2019 - 2025)

StepStone's (STEP) quarterly EBT came in at -$675.8 million in 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.

Analysis

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

StepStone (STEP) has reported EBT for 7 consecutive years, with -$675.8 million the latest figure, recorded 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 slipped to -$675.8 million in Q3 2025 per STEP's latest filing, from -$20.3 million in the prior quarter.
  • Across five years, EBT topped out at $162.9 million in Q1 2021 and bottomed 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.
  • The sharpest annual moves came in 2023 and 2024: EBT jumped 387.56% in 2023, then sank 1327.86% in 2024.
  • Over 5 years, EBT stood at $142.1 million in 2021, then sank by 110.06% to -$14.3 million in 2022, then slumped by 68.98% to -$24.1 million in 2023, then tumbled by 1327.86% to -$344.7 million in 2024, then sank by 96.05% to -$675.8 million in 2025.
  • According to Business Quant data, EBT over the past three periods registered -$675.8 million, -$20.3 million, and $10.0 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Blackstone 100.97 Bn 98.46 Bn - 2.81 Bn
2 Kkr 90.55 Bn -186.52 Bn - 1.37 Bn
3 Apollo Global Management 76.62 Bn 51.25 Bn 10.54 Bn 2.49 Bn
4 Brookfield Asset Management 75.65 Bn 74.15 Bn - 1.33 Bn
5 Wheaton Precious Metals 69.28 Bn 69.18 Bn 687.86 Mn 785.68 Mn
6 Franco Nevada 50.51 Bn 48.97 Bn 451.00 Mn 452.80 Mn
7 Brookfield 37.98 Bn 7.42 Bn 19.38 Bn 34.51 Bn
8 Ares Management 30.07 Bn 30.07 Bn - 385.94 Mn
9 Carlyle 15.50 Bn 14.25 Bn - 273.80 Mn
10 StepStone 3.97 Bn 3.06 Bn - -
Historic Data

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