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
DateValue
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