StepStone (STEP) Operating Leases (2021 - 2026)

StepStone (STEP) has reported Operating Leases for 6 consecutive years, with $103.6 million the latest figure, recorded in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 8.74% year-over-year to $103.6 million; the trailing twelve-month figure through Mar 2026 stood at $103.6 million (down 8.74% YoY), and the FY2026 full-year result was $103.6 million, down 8.74% from the prior year.
• Operating Leases retreated to $103.6 million in Q1 2026 per STEP's latest filing, from $106.5 million in the prior quarter.
• Across five years, Operating Leases topped out at $124.3 million in Q4 2022 and bottomed at $71.0 million in Q1 2022.
• Historically, Operating Leases has averaged $108.1 million across 5 years, with a median of $113.5 million in 2025.
• The sharpest annual moves came in 2023 and 2026: Operating Leases surged 70.82% in 2023, then dropped 8.74% in 2026.
• Over 5 years, Operating Leases stood at $124.3 million in 2022, then decreased by 4.73% to $118.4 million in 2023, then slipped by 5.29% to $112.2 million in 2024, then slipped by 5.06% to $106.5 million in 2025, then decreased by 2.72% to $103.6 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $103.6 million, $106.5 million, and $109.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.