StepStone (STEP) Intangibles (2020 - 2026)
StepStone's (STEP) quarterly Intangibles came in at $233.3 million in Q4 2025, down 14.91% YoY from $274.1 million in Q4 2024, and down 4.19% on a QoQ basis from $243.5 million in Q3 2025.
StepStone (STEP) Intangibles (2020 - 2026) Analysis & Trends
StepStone (STEP) has 6 years of Intangibles data on file, last reported at $233.3 million in 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 retreated to $233.3 million in Q4 2025, from $243.5 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $420.1 million in Q3 2021 to a low of $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 plunged 37.81% — and 2022, when it jumped 7851.85%.
- Tracing STEP's Intangibles over 5 years: stood at $409.2 million in 2021, then slipped by 10.67% to $365.5 million in 2022, then dropped by 13.74% to $315.3 million in 2023, then slipped by 13.06% to $274.1 million in 2024, then slipped 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 | 179.13 Bn | 165.26 Bn | - | 27.42 Bn |
| 2 | Blackstone | 114.59 Bn | 112.08 Bn | - | 113.29 Mn |
| 3 | Kkr | 96.58 Bn | -180.50 Bn | - | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 37.16 Bn |
| 5 | Brookfield Asset Management | 83.28 Bn | 81.78 Bn | - | 222.00 Mn |
| 6 | Apollo Global Management | 78.16 Bn | 52.79 Bn | 10.54 Bn | - |
| 7 | State Street | 51.50 Bn | 51.50 Bn | - | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.08 Bn | 4.72 Bn | - |
| 9 | Raymond James Financial | 34.01 Bn | 20.76 Bn | - | - |
| 10 | StepStone | 3.93 Bn | 3.03 Bn | - | 223.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 223.04 Mn |
| 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 |