Growth Metrics

StepStone (STEP) Intangibles (2020 - 2025)

StepStone posted quarterly Intangibles of $233.3 million for Q4 2025, down 14.91% year-on-year from $274.1 million in Q4 2024, and down 4.19% on a QoQ basis from $243.5 million in Q3 2025.

StepStone (STEP) has 6 years of Intangibles data on file, last reported at $233.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Intangibles fell 14.91% year-over-year to $233.3 million; the trailing twelve-month figure through Dec 2025 stood at $233.3 million (down 14.91% YoY), and the FY2025 full-year result was $263.9 million, down 13.45% from the prior year.
  • Intangibles for Q4 2025 stood at $233.3 million, down from $243.5 million in the prior quarter.
  • Across five years, Intangibles topped out at $420.1 million in Q3 2021 and bottomed at $4.9 million in Q2 2021.
  • The 5-year median for Intangibles is $310.1 million (2023), against an average of $293.3 million.
  • The widest annual swing landed in 2021, when Intangibles slumped 37.81%; it then jumped 7851.85% in 2022.
  • A 5-year view of Intangibles shows it stood at $409.2 million in 2021, then dropped by 10.67% to $365.5 million in 2022, then declined by 13.74% to $315.3 million in 2023, then dropped by 13.06% to $274.1 million in 2024, then dropped by 14.91% to $233.3 million in 2025.
  • The last three Intangibles figures came in at $233.3 million (Q4 2025), $243.5 million (Q3 2025), and $253.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 20.43 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 122.32 Mn
3 Kkr 84.94 Bn 132.45 Bn - 5.93 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 229.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn -
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn -
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - 777.40 Mn
10 StepStone 3.79 Bn 4.63 Bn - 233.25 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 233.25 Mn
Sep 30, 2025 243.46 Mn
Jun 30, 2025 253.67 Mn
Mar 31, 2025 263.87 Mn
Dec 31, 2024 274.12 Mn
Sep 30, 2024 284.37 Mn
Jun 30, 2024 294.62 Mn
Mar 31, 2024 304.87 Mn
Dec 31, 2023 315.30 Mn
Sep 30, 2023 333.32 Mn
Jun 30, 2023 343.98 Mn
Mar 31, 2023 354.65 Mn
Dec 31, 2022 365.52 Mn
Sep 30, 2022 376.39 Mn
Jun 30, 2022 387.26 Mn
Mar 31, 2022 398.13 Mn
Dec 31, 2021 409.17 Mn
Sep 30, 2021 420.13 Mn
Jun 30, 2021 4.87 Mn
Mar 31, 2021 5.49 Mn
Dec 31, 2020 6.33 Mn
Sep 30, 2020 7.16 Mn
Mar 31, 2020 8.83 Mn