StepStone (STEP) Intangibles (2020 - 2025)
StepStone (STEP) posted Intangibles of $233.3 million for Q4 2025, down 4.19% on a QoQ basis from $243.5 million in Q3 2025, and down 14.91% year-over-year from $274.1 million in Q4 2024.
StepStone (STEP) Intangibles (2020 - 2025) Analysis & Trends
StepStone's Intangibles history runs 6 years deep, the most recent figure standing at $233.3 million for Q4 2025.
- Quarterly Intangibles fell 14.91% year-over-year to $233.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $233.3 million (down 14.91% YoY) and the FY2025 annual result came in at $263.9 million, down 13.45% from the prior year.
- Intangibles was $233.3 million for Q4 2025 at StepStone, 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.
- A 5-year average of $293.3 million and a median of $310.1 million in 2023 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2021 — Intangibles tumbled 37.81% — and 2022, when it jumped 7851.85%.
- StepStone's Intangibles stood at $409.2 million in 2021, then declined by 10.67% to $365.5 million in 2022, then fell by 13.74% to $315.3 million in 2023, then declined by 13.06% to $274.1 million in 2024, then declined by 14.91% to $233.3 million in 2025.
- Business Quant data shows STEP's Intangibles at $233.3 million in Q4 2025, $243.5 million in Q3 2025, and $253.7 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 38.04 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 27.69 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 122.32 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | - |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 260.50 Mn |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | 233.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |