StepStone (STEP) Net Cash Flow (2019 - 2025)
StepStone (STEP) recorded Net Cash Flow of $11.67 million in fiscal Q3 2026 (quarter ended Dec 31, 2025), down 77.2% from $51.21 million a year earlier and down 90.4% from the prior quarter.
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Analysis
StepStone (STEP) Net Cash Flow (2019 - 2025) Analysis & Trends
On a TTM basis, StepStone's Net Cash Flow came in at $107.61 million as of Dec 31, 2025, up 2.3% year-over-year; for FY2025 (ended Mar 31, 2025), it came in at $108.93 million, up 93.8% from FY2024.
- Annual Net Cash Flow has a five-year compound annual growth rate of 17.1% (FY2020 to FY2025).
- Across earlier fiscal years, Net Cash Flow came in at $56.2 million in FY2024 (+354.9%), $12.36 million in FY2023, -$66.4 million in FY2022 and $92.83 million in FY2021 (+87.3%).
- Quarterly Net Cash Flow has ranged from -$46.94 million in fiscal Q2 2022 to $122.1 million in fiscal Q2 2026 over the past five years.
- On a year-over-year basis, Net Cash Flow rose in two of the last four quarters, with growth averaging 54.3%.
- Per Business Quant, the preceding three fiscal quarters came in at $122.1 million (Q2 2026), -$37.73 million (Q1 2026) and $11.57 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 650.00 Mn |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 64.65 Mn |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 1.70 Bn |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | - |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 410.00 Mn |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 4.67 Bn |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 2.44 Bn |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 299.90 Mn |
| 10 | StepStone | 5.14 Bn | 4.44 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 11.67 Mn |
| Sep 30, 2025 | 122.10 Mn |
| Jun 30, 2025 | -37.73 Mn |
| Mar 31, 2025 | 11.57 Mn |
| Dec 31, 2024 | 51.21 Mn |
| Sep 30, 2024 | 32.10 Mn |
| Jun 30, 2024 | 14.06 Mn |
| Mar 31, 2024 | 7.81 Mn |
| Dec 31, 2023 | 514,000.00 |
| Sep 30, 2023 | 48.75 Mn |
| Jun 30, 2023 | -872,000.00 |
| Mar 31, 2023 | -11.28 Mn |
| Dec 31, 2022 | -1.92 Mn |
| Sep 30, 2022 | 36.39 Mn |
| Jun 30, 2022 | -10.84 Mn |
| Mar 31, 2022 | -19.83 Mn |
| Dec 31, 2021 | -38.54 Mn |
| Sep 30, 2021 | -46.94 Mn |
| Jun 30, 2021 | 38.92 Mn |
| Mar 31, 2021 | -6.42 Mn |
API Access
StepStone Net Cash Flow 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=net-cash-flow&ticker=STEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=STEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();