StepStone (STEP) Net Income (2019 - 2025)
StepStone's (STEP) quarterly Net Income came in at -$575.5 million in Q3 2025, down 1183.01% YoY from $53.1 million in Q3 2024, and down 4691.36% on a QoQ basis from -$12.0 million in Q2 2025.
StepStone (STEP) Net Income (2019 - 2025) Analysis & Trends
StepStone (STEP) has 7 years of Net Income data on file, last reported at -$575.5 million in 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 eased to -$575.5 million in Q3 2025, from -$12.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $151.2 million in Q1 2021 to a low of -$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 tumbled 1183.01%.
- Tracing STEP's Net Income over 5 years: stood at $126.3 million in 2021, then plunged by 110.73% to -$13.6 million in 2022, then tumbled by 72.77% to -$23.4 million in 2023, then slumped by 1126.2% to -$287.2 million in 2024, then sank by 100.41% to -$575.5 million in 2025.
- The last three Net Income figures came in at -$575.5 million (Q3 2025), -$12.0 million (Q2 2025), and $13.2 million (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 2.04 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 2.36 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 1.13 Bn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 1.17 Bn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 2.09 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 1.08 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 1.11 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 595.00 Mn |
| 10 | StepStone | 3.96 Bn | 3.06 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 |