StepStone (STEP) Net Income (2019 - 2025)
StepStone (STEP) posted Net Income of -$575.5 million for Q3 2025, down 4691.36% on a QoQ basis from -$12.0 million in Q2 2025, and down 1183.01% year-over-year from $53.1 million in Q3 2024.
StepStone (STEP) Net Income (2019 - 2025) Analysis & Trends
StepStone's Net Income history runs 7 years deep, the most recent figure standing at -$575.5 million for Q3 2025.
- Quarterly Net Income fell 1183.01% year-over-year to -$575.5 million in Q3 2025, while the trailing twelve-month figure through Dec 2025 was -$574.3 million (down 455.26% YoY) and the FY2025 annual result came in at -$172.8 million, down 202.98% from the prior year.
- Net Income was -$575.5 million for Q3 2025 at StepStone, down from -$12.0 million in the prior quarter.
- Across five years, Net Income topped out at $151.2 million in Q1 2021 and bottomed at -$575.5 million in Q3 2025.
- A 5-year average of -$121421.1 and a median of $49.4 million in 2023 frame the typical range for Net Income.
- Annual changes were most pronounced in 2021 — Net Income soared 341.63% — and 2025, when it slumped 1183.01%.
- StepStone's Net Income stood at $126.3 million in 2021, then slumped by 110.73% to -$13.6 million in 2022, then sank by 72.77% to -$23.4 million in 2023, then plunged by 1126.2% to -$287.2 million in 2024, then tumbled by 100.41% to -$575.5 million in 2025.
- Business Quant data shows STEP's Net Income at -$575.5 million in Q3 2025, -$12.0 million in Q2 2025, and $13.2 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 33.10 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 2.33 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 1.26 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -1.41 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 764.00 Mn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 915.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 525.50 Mn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 544.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 484.10 Mn |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -575.49 Mn |
| Jun 30, 2025 | -12.01 Mn |
| Mar 31, 2025 | 13.15 Mn |
| Dec 31, 2024 | -287.16 Mn |
| Sep 30, 2024 | 53.14 Mn |
| Jun 30, 2024 | 48.05 Mn |
| Mar 31, 2024 | 82.54 Mn |
| Dec 31, 2023 | -23.42 Mn |
| Sep 30, 2023 | 59.25 Mn |
| Jun 30, 2023 | 49.45 Mn |
| Mar 31, 2023 | 56.82 Mn |
| Dec 31, 2022 | -13.56 Mn |
| Sep 30, 2022 | -67.07 Mn |
| Jun 30, 2022 | -21.47 Mn |
| Mar 31, 2022 | 103.61 Mn |
| Dec 31, 2021 | 126.29 Mn |
| Sep 30, 2021 | 127.86 Mn |
| Jun 30, 2021 | 126.52 Mn |
| Mar 31, 2021 | 151.20 Mn |
| Dec 31, 2020 | 107.39 Mn |