StepStone (STEP) Net Cash Flow (2019 - 2025)
StepStone (STEP) posted Net Cash Flow of $11.7 million for Q4 2025, down 90.44% on a QoQ basis from $122.1 million in Q3 2025, and down 77.2% year-over-year from $51.2 million in Q4 2024.
StepStone (STEP) Net Cash Flow (2019 - 2025) Analysis & Trends
StepStone's Net Cash Flow history runs 7 years deep, the most recent figure standing at $11.7 million for 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 was $11.7 million for Q4 2025 at StepStone, down from $122.1 million in the prior quarter.
- Across five years, Net Cash Flow topped out at $122.1 million in Q3 2025 and bottomed at -$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 plunged 368.39%.
- StepStone's Net Cash Flow stood at -$38.5 million in 2021, then soared by 95.02% to -$1.9 million in 2022, then jumped by 126.8% to $514000.0 in 2023, then surged by 9862.26% to $51.2 million in 2024, then slumped by 77.2% to $11.7 million in 2025.
- Business Quant data shows STEP's Net Cash Flow at $11.7 million in Q4 2025, $122.1 million in Q3 2025, and -$37.7 million in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | -1.56 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | -136.30 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 3.16 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 2.09 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | -1.76 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 43.20 Mn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 1.45 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 381.90 Mn |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | 11.67 Mn |
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 |