StepStone (STEP) Income from Continuing Operations (2019 - 2025)
StepStone's (STEP) quarterly Income from Continuing Operations came in at -$575.5 million in Q3 2025, down 1183.01% on a YoY basis from $53.1 million in Q3 2024, and down 4691.36% quarter-over-quarter from -$12.0 million in Q2 2025.
Analysis
StepStone (STEP) Income from Continuing Operations (2019 - 2025) Analysis & Trends
StepStone (STEP) has reported Income from Continuing Operations for 7 consecutive years, with -$575.5 million the latest figure, recorded in Q3 2025.
- For the quarter ending Q3 2025, Income from Continuing Operations fell 1183.01% year-over-year to -$575.5 million; the trailing twelve-month figure through Sep 2025 stood at -$861.5 million (down 637.42% YoY), and the FY2025 full-year result was -$172.8 million, down 202.98% from the prior year.
- Income from Continuing Operations retreated to -$575.5 million in Q3 2025 per STEP's latest filing, from -$12.0 million in the prior quarter.
- Across five years, Income from Continuing Operations topped out at $151.2 million in Q1 2021 and bottomed at -$575.5 million in Q3 2025.
- Historically, Income from Continuing Operations has averaged -$121421.1 across 5 years, with a median of $49.4 million in 2023.
- The sharpest annual moves came in 2021 and 2025: Income from Continuing Operations jumped 341.63% in 2021, then plunged 1183.01% in 2025.
- Over 5 years, Income from Continuing Operations stood at $126.3 million in 2021, then slumped by 110.73% to -$13.6 million in 2022, then sank by 72.77% to -$23.4 million in 2023, then plunged by 1126.2% to -$287.2 million in 2024, then tumbled by 100.41% to -$575.5 million in 2025.
- According to Business Quant data, Income from Continuing Operations over the past three periods registered -$575.5 million, -$12.0 million, and $13.2 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 100.98 Bn | 98.47 Bn | - | 2.36 Bn |
| 2 | Kkr | 90.41 Bn | -186.66 Bn | - | 1.13 Bn |
| 3 | Apollo Global Management | 76.61 Bn | 51.24 Bn | 10.54 Bn | 2.09 Bn |
| 4 | Brookfield Asset Management | 75.69 Bn | 74.18 Bn | - | 1.17 Bn |
| 5 | Wheaton Precious Metals | 69.22 Bn | 69.12 Bn | 687.86 Mn | 683.89 Mn |
| 6 | Franco Nevada | 50.47 Bn | 48.93 Bn | 451.00 Mn | 347.90 Mn |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | 34.85 Bn |
| 8 | Ares Management | 30.04 Bn | 30.04 Bn | - | 312.97 Mn |
| 9 | Carlyle | 15.48 Bn | 14.22 Bn | - | 224.80 Mn |
| 10 | StepStone | 3.97 Bn | 3.06 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -575.49 Mn |
| Jun 30, 2025 | -12.01 Mn |
| Mar 31, 2025 | 13.15 Mn |
| Dec 31, 2024 | -287.16 Mn |
| Sep 30, 2024 | 53.14 Mn |
| Jun 30, 2024 | 48.05 Mn |
| Mar 31, 2024 | 82.54 Mn |
| Dec 31, 2023 | -23.42 Mn |
| Sep 30, 2023 | 59.25 Mn |
| Jun 30, 2023 | 49.45 Mn |
| Mar 31, 2023 | 56.82 Mn |
| Dec 31, 2022 | -13.56 Mn |
| Sep 30, 2022 | -67.07 Mn |
| Jun 30, 2022 | -21.47 Mn |
| Mar 31, 2022 | 103.61 Mn |
| Dec 31, 2021 | 126.29 Mn |
| Sep 30, 2021 | 127.86 Mn |
| Jun 30, 2021 | 126.52 Mn |
| Mar 31, 2021 | 151.20 Mn |
| Dec 31, 2020 | 107.39 Mn |