StepStone (STEP) Other Operating Expenses (2019 - 2025)
StepStone (STEP) posted Other Operating Expenses of $1.1 billion for Q3 2025, up 197.5% on a QoQ basis from $380.4 million in Q2 2025, and up 563.22% year-over-year from $170.6 million in Q3 2024.
StepStone (STEP) Other Operating Expenses (2019 - 2025) Analysis & Trends
StepStone's Other Operating Expenses history runs 7 years deep, the most recent figure standing at $1.1 billion for Q3 2025.
- Quarterly Other Operating Expenses rose 563.22% year-over-year to $1.1 billion in Q3 2025, while the trailing twelve-month figure through Dec 2025 was $1.9 billion (up 62.68% YoY) and the FY2025 annual result came in at $1.3 billion, up 239.37% from the prior year.
- Other Operating Expenses was $1.1 billion for Q3 2025 at StepStone, up from $380.4 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $1.1 billion in Q3 2025 and bottomed at -$137.9 million in Q3 2022.
- A 5-year average of $206.8 million and a median of $157.3 million in 2021 frame the typical range for Other Operating Expenses.
- Annual changes were most pronounced in 2022 — Other Operating Expenses plunged 193.11% — and 2024, when it jumped 2370.43%.
- StepStone's Other Operating Expenses stood at $262.4 million in 2021, then plunged by 114.61% to -$38.3 million in 2022, then gained by 24.75% to -$28.8 million in 2023, then soared by 2370.43% to $655.0 million in 2024, then soared by 72.78% to $1.1 billion in 2025.
- Business Quant data shows STEP's Other Operating Expenses at $1.1 billion in Q3 2025, $380.4 million in Q2 2025, and $340.4 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 1.13 Bn |
| Jun 30, 2025 | 380.40 Mn |
| Mar 31, 2025 | 340.45 Mn |
| Dec 31, 2024 | 654.98 Mn |
| Sep 30, 2024 | 170.64 Mn |
| Jun 30, 2024 | 98.24 Mn |
| Mar 31, 2024 | 214.88 Mn |
| Dec 31, 2023 | -28.85 Mn |
| Sep 30, 2023 | 98.60 Mn |
| Jun 30, 2023 | 87.92 Mn |
| Mar 31, 2023 | 64.63 Mn |
| Dec 31, 2022 | -38.33 Mn |
| Sep 30, 2022 | -137.88 Mn |
| Jun 30, 2022 | -102.65 Mn |
| Mar 31, 2022 | 234.89 Mn |
| Dec 31, 2021 | 262.43 Mn |
| Sep 30, 2021 | 148.08 Mn |
| Jun 30, 2021 | 157.29 Mn |
| Mar 31, 2021 | 191.12 Mn |
| Dec 31, 2020 | 123.81 Mn |