StepStone (STEP) Profit After Tax (2019 - 2025)
StepStone (STEP) posted Profit After Tax of -$123.5 million for Q4 2025, up 66.27% on a QoQ basis from -$366.1 million in Q3 2025, and up 56.96% year-over-year from -$78.7 million in Q4 2024.
StepStone (STEP) Profit After Tax (2019 - 2025) Analysis & Trends
StepStone's Profit After Tax history runs 7 years deep, the most recent figure standing at -$123.5 million for Q4 2025.
- Quarterly Profit After Tax rose 56.96% year-over-year to -$123.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$521.7 million (down 173.91% YoY) and the FY2025 annual result came in at -$179.6 million, down 409.11% from the prior year.
- Profit After Tax was -$123.5 million for Q4 2025 at StepStone, up from -$366.1 million in the prior quarter.
- Across five years, Profit After Tax topped out at $332.2 million in Q1 2022 and bottomed at -$366.1 million in Q3 2025.
- A 5-year average of -$11.3 million and a median of $12.0 million in 2024 frame the typical range for Profit After Tax.
- Annual changes were most pronounced in 2022 — Profit After Tax soared 429.69% — and 2025, when it plunged 2176.58%.
- StepStone's Profit After Tax stood at $48.3 million in 2021, then plunged by 114.35% to -$6.9 million in 2022, then slumped by 191.52% to -$20.2 million in 2023, then tumbled by 1318.73% to -$287.0 million in 2024, then soared by 56.96% to -$123.5 million in 2025.
- Business Quant data shows STEP's Profit After Tax at -$123.5 million in Q4 2025, -$366.1 million in Q3 2025, and -$38.4 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 33.10 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 2.21 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 649.73 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -1.91 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 764.00 Mn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 915.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 525.50 Mn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 542.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 498.20 Mn |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | -123.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -123.51 Mn |
| Sep 30, 2025 | -366.14 Mn |
| Jun 30, 2025 | -38.42 Mn |
| Mar 31, 2025 | 6.41 Mn |
| Dec 31, 2024 | -286.95 Mn |
| Sep 30, 2024 | 17.63 Mn |
| Jun 30, 2024 | 48.05 Mn |
| Mar 31, 2024 | 30.82 Mn |
| Dec 31, 2023 | -20.23 Mn |
| Sep 30, 2023 | 26.23 Mn |
| Jun 30, 2023 | 21.27 Mn |
| Mar 31, 2023 | 56.82 Mn |
| Dec 31, 2022 | -6.94 Mn |
| Sep 30, 2022 | -29.22 Mn |
| Jun 30, 2022 | -11.04 Mn |
| Mar 31, 2022 | 332.21 Mn |
| Dec 31, 2021 | 48.35 Mn |
| Sep 30, 2021 | 127.86 Mn |
| Jun 30, 2021 | 41.65 Mn |
| Mar 31, 2021 | -100.76 Mn |