StepStone (STEP) Interest Expenses (2019 - 2025)
StepStone (STEP) recorded Interest Expenses of $4.43 million in fiscal Q2 2026 (quarter ended Sep 30, 2025), up 26.0% from $3.51 million a year earlier but down 2.4% from the prior quarter.
StepStone (STEP) Interest Expenses (2019 - 2025) Analysis & Trends
On a TTM basis, StepStone's Interest Expenses came in at $15.16 million as of Sep 30, 2025, up 29.4% year-over-year; for FY2025 (ended Mar 31, 2025), it was $12.7 million, up 36.1% from FY2024.
- Annual Interest Expenses has increased for three straight fiscal years, with a five-year compound annual growth rate of 4.5% (FY2020 to FY2025).
- Across earlier fiscal years, Interest Expenses came in at $9.33 million in FY2024 (+122.8%), $4.19 million in FY2023 (+276.4%), $1.11 million in FY2022 (-84.9%) and $7.36 million in FY2021 (-27.9%).
- Quarterly Interest Expenses has ranged from $6,000 in fiscal Q1 2022 to $4.53 million in fiscal Q1 2026 over the past five years.
- On a year-over-year basis, Interest Expenses has increased for 13 consecutive quarters, with growth averaging 52.4% over the last eight quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 828.4% in fiscal Q2 2023, against a decline of 99.7% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $4.53 million (Q1 2026), $3.19 million (Q4 2025) and $3.01 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 134.00 Mn |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 145.02 Mn |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 702.75 Mn |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | -295.00 Mn |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 53.00 Mn |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 88.00 Mn |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 31.10 Mn |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | -700,000.00 |
| 10 | StepStone | 5.14 Bn | 4.44 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 4.43 Mn |
| Jun 30, 2025 | 4.53 Mn |
| Mar 31, 2025 | 3.19 Mn |
| Dec 31, 2024 | 3.01 Mn |
| Sep 30, 2024 | 3.51 Mn |
| Jun 30, 2024 | 2.99 Mn |
| Mar 31, 2024 | 2.65 Mn |
| Dec 31, 2023 | 2.56 Mn |
| Sep 30, 2023 | 2.11 Mn |
| Jun 30, 2023 | 2.01 Mn |
| Mar 31, 2023 | 1.67 Mn |
| Dec 31, 2022 | 1.11 Mn |
| Sep 30, 2022 | 817,000.00 |
| Jun 30, 2022 | 587,000.00 |
| Mar 31, 2022 | 476,000.00 |
| Dec 31, 2021 | 543,000.00 |
| Sep 30, 2021 | 88,000.00 |
| Jun 30, 2021 | 6,000.00 |
| Mar 31, 2021 | 7,000.00 |
| Dec 31, 2020 | 26,000.00 |
StepStone Interest Expenses 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=interest-expenses&ticker=STEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();