StepStone (STEP) Net Cash Flow (2019 - 2025)
StepStone's (STEP) quarterly Net Cash Flow came in at $11.7 million in Q4 2025, down 77.2% YoY from $51.2 million in Q4 2024, and down 90.44% on a QoQ basis from $122.1 million in Q3 2025.
StepStone (STEP) Net Cash Flow (2019 - 2025) Analysis & Trends
StepStone (STEP) has 7 years of Net Cash Flow data on file, last reported at $11.7 million in Q4 2025.
- Quarterly Net Cash Flow fell 77.2% year-over-year to $11.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $107.6 million (up 2.33% YoY) and the FY2025 annual result came in at $108.9 million, up 93.84% from the prior year.
- Net Cash Flow slipped to $11.7 million in Q4 2025, from $122.1 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $122.1 million in Q3 2025 to a low of -$46.9 million in Q3 2021.
- A 5-year average of $10.0 million and a median of $4.2 million in 2023 frame the typical range for Net Cash Flow.
- Annual changes were most pronounced in 2024 — Net Cash Flow soared 9862.26% — and 2025, when it sank 368.39%.
- Tracing STEP's Net Cash Flow over 5 years: stood at -$38.5 million in 2021, then jumped by 95.02% to -$1.9 million in 2022, then surged by 126.8% to $514000.0 in 2023, then soared by 9862.26% to $51.2 million in 2024, then plunged by 77.2% to $11.7 million in 2025.
- The last three Net Cash Flow figures came in at $11.7 million (Q4 2025), $122.1 million (Q3 2025), and -$37.7 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.23 Bn | 165.36 Bn | - | 650.00 Mn |
| 2 | Blackstone | 114.49 Bn | 111.98 Bn | - | 64.65 Mn |
| 3 | Kkr | 96.85 Bn | -180.22 Bn | - | 1.70 Bn |
| 4 | Brookfield | 93.16 Bn | 45.75 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 410.00 Mn |
| 6 | Apollo Global Management | 78.23 Bn | 52.85 Bn | 10.54 Bn | 4.67 Bn |
| 7 | State Street | 51.50 Bn | 51.50 Bn | - | -2.23 Bn |
| 8 | Ameriprise Financial | 51.14 Bn | 40.09 Bn | 4.72 Bn | 1.77 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.73 Bn | - | -1.69 Bn |
| 10 | StepStone | 3.95 Bn | 3.04 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 11.67 Mn |
| Dec 31, 2025 | 11.67 Mn |
| Sep 30, 2025 | 122.10 Mn |
| Sep 30, 2025 | 122.10 Mn |
| Jun 30, 2025 | -37.73 Mn |
| Jun 30, 2025 | -37.73 Mn |
| Mar 31, 2025 | 11.57 Mn |
| Mar 31, 2025 | 11.57 Mn |
| Dec 31, 2024 | 51.21 Mn |
| Dec 31, 2024 | 51.21 Mn |
| Sep 30, 2024 | 32.10 Mn |
| Sep 30, 2024 | 32.10 Mn |
| Jun 30, 2024 | 14.06 Mn |
| Jun 30, 2024 | 14.06 Mn |
| Mar 31, 2024 | 7.81 Mn |
| Mar 31, 2024 | 7.81 Mn |
| Dec 31, 2023 | 514,000.00 |
| Dec 31, 2023 | 514,000.00 |
| Sep 30, 2023 | 48.75 Mn |
| Sep 30, 2023 | 48.75 Mn |