StepStone (STEP) Other Operating Expenses (2019 - 2025)
StepStone posted quarterly Other Operating Expenses of $1.1 billion for Q3 2025, up 563.22% year-on-year from $170.6 million in Q3 2024, and up 197.5% on a QoQ basis from $380.4 million in Q2 2025.
StepStone (STEP) has 7 years of Other Operating Expenses data on file, last reported at $1.1 billion in Q3 2025.
- For the quarter ending Q3 2025, Other Operating Expenses rose 563.22% year-over-year to $1.1 billion; the trailing twelve-month figure through Dec 2025 stood at $1.9 billion (up 62.68% YoY), and the FY2025 full-year result was $1.3 billion, up 239.37% from the prior year.
- Other Operating Expenses for Q3 2025 stood at $1.1 billion, 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.
- The 5-year median for Other Operating Expenses is $157.3 million (2021), against an average of $206.8 million.
- The widest annual swing landed in 2022, when Other Operating Expenses tumbled 193.11%; it then jumped 2370.43% in 2024.
- A 5-year view of Other Operating Expenses shows it stood at $262.4 million in 2021, then sank by 114.61% to -$38.3 million in 2022, then rose by 24.75% to -$28.8 million in 2023, then surged by 2370.43% to $655.0 million in 2024, then surged by 72.78% to $1.1 billion in 2025.
- The last three Other Operating Expenses figures came in at $1.1 billion (Q3 2025), $380.4 million (Q2 2025), and $340.4 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - |
| 10 | StepStone | 3.79 Bn | 4.63 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 |
| Sep 30, 2020 | 121.77 Mn |
| Jun 30, 2020 | -25.64 Mn |
| Mar 31, 2020 | 77.96 Mn |
| Dec 31, 2019 | 38.10 Mn |
| Sep 30, 2019 | 71.58 Mn |