StepStone (STEP) Income from Non-Controlling Interests (2019 - 2025)
StepStone (STEP) reported Income from Non-Controlling Interests of -$249.39 million for fiscal Q2 2026 (quarter ended Sep 30, 2025), compared with $28.67 million a year earlier.
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Analysis
StepStone (STEP) Income from Non-Controlling Interests (2019 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, StepStone's Income from Non-Controlling Interests came in at -$349.63 million; for FY2025 (ended Mar 31, 2025), it came in at -$47.75 million.
- By fiscal year, Income from Non-Controlling Interests came in at $88.11 million in FY2024, -$28.65 million in FY2023, $290.4 million in FY2022 (+15.3%) and $251.96 million in FY2021 (+74.0%).
- The fiscal Q2 2026 figure ranks as the lowest quarterly Income from Non-Controlling Interests in data going back to fiscal Q2 2020.
- Year over year, Income from Non-Controlling Interests gained in three of the last five quarters, with an average decline of 23.1%.
- The high point for year-over-year Income from Non-Controlling Interests in five years was fiscal Q3 2021 (growth of 374.7%); the low point was fiscal Q4 2025 (a decline of 97.0%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $4.88 million (Q1 2026), $1.26 million (Q4 2025) and -$106.37 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.13 Bn | 110.49 Bn | - | 150.00 Mn |
| 2 | Spdr Gold Trust | 133.82 Bn | -424.18 Bn | - | - |
| 3 | Blackstone | 84.08 Bn | 79.01 Bn | - | 175.65 Mn |
| 4 | Brookfield | 82.97 Bn | -82.41 Bn | 4.47 Bn | 339.00 Mn |
| 5 | Kkr | 81.05 Bn | 47.53 Bn | - | - |
| 6 | Brookfield Asset Management | 71.64 Bn | 67.88 Bn | - | 201.00 Mn |
| 7 | Apollo Global Management | 65.67 Bn | 3.35 Bn | 10.56 Bn | 728.00 Mn |
| 8 | Wheaton Precious Metals | 61.89 Bn | 57.32 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 46.13 Bn | 43.49 Bn | 451.00 Mn | - |
| 10 | StepStone | 5.39 Bn | 4.69 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -249.39 Mn |
| Jun 30, 2025 | 4.88 Mn |
| Mar 31, 2025 | 1.26 Mn |
| Dec 31, 2024 | -106.37 Mn |
| Sep 30, 2024 | 28.67 Mn |
| Jun 30, 2024 | 28.68 Mn |
| Mar 31, 2024 | 41.69 Mn |
| Dec 31, 2023 | -8.78 Mn |
| Sep 30, 2023 | 28.58 Mn |
| Jun 30, 2023 | 26.62 Mn |
| Mar 31, 2023 | 26.63 Mn |
| Dec 31, 2022 | -7.01 Mn |
| Sep 30, 2022 | -37.84 Mn |
| Jun 30, 2022 | -10.43 Mn |
| Mar 31, 2022 | 61.79 Mn |
| Dec 31, 2021 | 77.95 Mn |
| Sep 30, 2021 | 65.79 Mn |
| Jun 30, 2021 | 84.87 Mn |
| Mar 31, 2021 | 113.35 Mn |
| Dec 31, 2020 | 81.81 Mn |
API Access
StepStone Income from Non-Controlling Interests API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=income-from-non-controlling-interests&ticker=STEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "ticker": "STEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=income-from-non-controlling-interests&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();