StepStone (STEP) Retained Earnings (2020 - 2026)
StepStone's (STEP) quarterly Retained Earnings came in at -$866.3 million in Q4 2025, down 308.72% YoY from $415.1 million in Q4 2024, and down 20.25% on a QoQ basis from -$720.4 million in Q3 2025.
StepStone (STEP) Retained Earnings (2020 - 2026) Analysis & Trends
StepStone (STEP) has 6 years of Retained Earnings data on file, last reported at -$866.3 million in 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 slipped to -$866.3 million in Q4 2025, from -$720.4 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $612.8 million in Q2 2023 to a low of -$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 slumped 18146.87%.
- Tracing STEP's Retained Earnings over 5 years: stood at $197.2 million in 2021, then jumped by 207.52% to $606.5 million in 2022, then slumped by 99.97% to $186000.0 in 2023, then soared by 223050.0% to $415.1 million in 2024, then plunged by 308.72% to -$866.3 million in 2025.
- The last three Retained Earnings figures came in at -$866.3 million (Q4 2025), -$720.4 million (Q3 2025), and $944000.0 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 40.21 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | -18.65 Mn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | - |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | -950.00 Mn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 16.67 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 29.38 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 14.98 Bn |
| 10 | StepStone | 3.96 Bn | 3.06 Bn | - | -896.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -896.88 Mn |
| 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 |