StepStone STEP
NASDAQ STEP
$49.90 -0.04 (-0.08%)
As of: Sep 10, 2026 · 1:33 PM EDT

StepStone (STEP) Other Operating Expenses (2019 - 2025)

StepStone's (STEP) quarterly Other Operating Expenses came in at $1.1 billion in Q3 2025, up 563.22% on a YoY basis from $170.6 million in Q3 2024, and up 197.5% quarter-over-quarter from $380.4 million in Q2 2025.

Analysis

StepStone (STEP) Other Operating Expenses (2019 - 2025) Analysis & Trends

StepStone (STEP) has reported Other Operating Expenses for 7 consecutive years, with $1.1 billion the latest figure, recorded 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 Sep 2025 stood at $2.5 billion (up 451.22% YoY), and the FY2025 full-year result was $1.3 billion, up 239.37% from the prior year.
  • Other Operating Expenses improved to $1.1 billion in Q3 2025 per STEP's latest filing, 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.
  • Historically, Other Operating Expenses has averaged $206.8 million across 5 years, with a median of $157.3 million in 2021.
  • The sharpest annual moves came in 2022 and 2024: Other Operating Expenses slumped 193.11% in 2022, then surged 2370.43% in 2024.
  • Over 5 years, 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.
  • According to Business Quant data, Other Operating Expenses over the past three periods registered $1.1 billion, $380.4 million, and $340.4 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Blackstone 100.98 Bn 98.47 Bn -
2 Kkr 90.41 Bn -186.66 Bn -
3 Apollo Global Management 76.61 Bn 51.24 Bn 10.54 Bn
4 Brookfield Asset Management 75.69 Bn 74.18 Bn -
5 Wheaton Precious Metals 69.22 Bn 69.12 Bn 687.86 Mn
6 Franco Nevada 50.47 Bn 48.93 Bn 451.00 Mn
7 Brookfield 37.98 Bn 7.42 Bn 19.38 Bn
8 Ares Management 30.04 Bn 30.04 Bn -
9 Carlyle 15.48 Bn 14.22 Bn -
10 StepStone 3.97 Bn 3.06 Bn -
Historic Data

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