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
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