StepStone (STEP) Retained Earnings (2020 - 2025)
StepStone (STEP) posted Retained Earnings of -$866.3 million for Q4 2025, down 20.25% on a QoQ basis from -$720.4 million in Q3 2025, and down 308.72% year-over-year from $415.1 million in Q4 2024.
StepStone (STEP) Retained Earnings (2020 - 2025) Analysis & Trends
StepStone's Retained Earnings history runs 6 years deep, the most recent figure standing at -$866.3 million for Q4 2025.
- Quarterly Retained Earnings fell 308.72% year-over-year to -$866.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$866.3 million (down 308.72% YoY) and the FY2025 annual result came in at $728000.0, down 99.77% from the prior year.
- Retained Earnings was -$866.3 million for Q4 2025 at StepStone, down from -$720.4 million in the prior quarter.
- Across five years, Retained Earnings topped out at $612.8 million in Q2 2023 and bottomed at -$866.3 million in Q4 2025.
- A 5-year average of $144.5 million and a median of $177.0 million in 2021 frame the typical range for Retained Earnings.
- Annual changes were most pronounced in 2021 — Retained Earnings surged 2387000.0% — and 2025, when it sank 18146.87%.
- StepStone's Retained Earnings stood at $197.2 million in 2021, then soared by 207.52% to $606.5 million in 2022, then plunged by 99.97% to $186000.0 in 2023, then surged by 223050.0% to $415.1 million in 2024, then slumped by 308.72% to -$866.3 million in 2025.
- Business Quant data shows STEP's Retained Earnings at -$866.3 million in Q4 2025, -$720.4 million in Q3 2025, and $944000.0 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | -678.00 Mn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | -323.73 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -3.14 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | -1.21 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | -636.60 Mn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | -368.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | -51.60 Mn |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | -866.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -866.33 Mn |
| Sep 30, 2025 | -720.43 Mn |
| Jun 30, 2025 | 944,000.00 |
| Mar 31, 2025 | 728,000.00 |
| Dec 31, 2024 | 415.06 Mn |
| Sep 30, 2024 | 3.99 Mn |
| Jun 30, 2024 | 363.53 Mn |
| Mar 31, 2024 | 310.29 Mn |
| Dec 31, 2023 | 186,000.00 |
| Sep 30, 2023 | 165.24 Mn |
| Jun 30, 2023 | 612.80 Mn |
| Mar 31, 2023 | 461,000.00 |
| Dec 31, 2022 | 606.50 Mn |
| Sep 30, 2022 | 164.04 Mn |
| Jun 30, 2022 | 593.16 Mn |
| Mar 31, 2022 | 229.62 Mn |
| Dec 31, 2021 | 197.22 Mn |
| Sep 30, 2021 | 525.12 Mn |
| Jun 30, 2021 | 99.06 Mn |
| Mar 31, 2021 | 188.75 Mn |