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StepStone (STEP) Operating Expenses (2019 - 2025)

StepStone (STEP) has disclosed Operating Expenses for 7 consecutive years, with $1.2 billion as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses rose 433.3% year-over-year to $1.2 billion, compared with a TTM value of $2.0 billion through Dec 2025, up 49.48%, and an annual FY2025 reading of $1.4 billion, up 167.04% over the prior year.
  • Operating Expenses was $1.2 billion for Q3 2025 at StepStone, up from $423.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.2 billion in Q3 2025 and bottomed at -$104.2 million in Q3 2022.
  • Average Operating Expenses over 5 years is $243.8 million, with a median of $173.7 million recorded in 2021.
  • The sharpest move saw Operating Expenses plummeted 160.06% in 2022, then surged 3544.89% in 2024.
  • Year by year, Operating Expenses stood at $292.7 million in 2021, then plummeted by 98.21% to $5.2 million in 2022, then soared by 264.96% to $19.2 million in 2023, then soared by 3544.89% to $698.1 million in 2024, then skyrocketed by 68.6% to $1.2 billion in 2025.
  • Business Quant data shows Operating Expenses for STEP at $1.2 billion in Q3 2025, $423.3 million in Q2 2025, and $383.6 million in Q1 2025.