StepStone (STEP) Profit After Tax (2019 - 2025)
StepStone's (STEP) quarterly Profit After Tax came in at -$123.5 million in Q4 2025, up 56.96% YoY from -$78.7 million in Q4 2024, and up 66.27% on a QoQ basis from -$366.1 million in Q3 2025.
StepStone (STEP) Profit After Tax (2019 - 2025) Analysis & Trends
StepStone (STEP) has 7 years of Profit After Tax data on file, last reported at -$123.5 million in 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 advanced to -$123.5 million in Q4 2025, from -$366.1 million in the prior quarter.
- In the past five years, Profit After Tax ranged from a high of $332.2 million in Q1 2022 to a low of -$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 sank 2176.58%.
- Tracing STEP's Profit After Tax over 5 years: stood at $48.3 million in 2021, then slumped by 114.35% to -$6.9 million in 2022, then plunged by 191.52% to -$20.2 million in 2023, then sank by 1318.73% to -$287.0 million in 2024, then jumped by 56.96% to -$123.5 million in 2025.
- The last three Profit After Tax figures came in at -$123.5 million (Q4 2025), -$366.1 million (Q3 2025), and -$38.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 2.04 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 2.36 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 1.13 Bn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 703.00 Mn |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 1.17 Bn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 2.09 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 1.08 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 1.11 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 595.00 Mn |
| 10 | StepStone | 3.96 Bn | 3.06 Bn | - | - |
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 |