Growth Metrics

StepStone (STEP) Share-based Compensation (2019 - 2025)

StepStone posted quarterly Share-based Compensation of $380.4 million for Q4 2025, down 20.13% year-on-year from $476.3 million in Q4 2024, and down 56.55% on a QoQ basis from $875.5 million in Q3 2025.

StepStone (STEP) has 7 years of Share-based Compensation data on file, last reported at $380.4 million in Q4 2025.

  • For the quarter ending Q4 2025, Share-based Compensation fell 20.13% year-over-year to $380.4 million; the trailing twelve-month figure through Dec 2025 stood at $1.6 billion (up 188.16% YoY), and the FY2025 full-year result was $650.1 million, up 1548.07% from the prior year.
  • Share-based Compensation for Q4 2025 stood at $380.4 million, down from $875.5 million in the prior quarter.
  • Across five years, Share-based Compensation topped out at $875.5 million in Q3 2025 and bottomed at $3.2 million in Q3 2021.
  • The 5-year median for Share-based Compensation is $8.9 million (2023), against an average of $108.5 million.
  • The widest annual swing landed in 2024, when Share-based Compensation soared 3252.09%; it then fell 20.13% in 2025.
  • A 5-year view of Share-based Compensation shows it stood at $3.4 million in 2021, then soared by 137.98% to $8.1 million in 2022, then jumped by 75.23% to $14.2 million in 2023, then jumped by 3252.09% to $476.3 million in 2024, then decreased by 20.13% to $380.4 million in 2025.
  • The last three Share-based Compensation figures came in at $380.4 million (Q4 2025), $875.5 million (Q3 2025), and $181.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 319.00 Mn
2 Blackstone 92.68 Bn 91.63 Bn - 560.86 Mn
3 Kkr 84.94 Bn 132.45 Bn - 180.11 Mn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 37.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 232.00 Mn
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 39.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - -
10 StepStone 3.79 Bn 4.63 Bn - 380.39 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 380.39 Mn
Dec 31, 2025 380.39 Mn
Sep 30, 2025 875.50 Mn
Sep 30, 2025 875.50 Mn
Jun 30, 2025 181.65 Mn
Jun 30, 2025 181.65 Mn
Mar 31, 2025 120.34 Mn
Mar 31, 2025 120.34 Mn
Dec 31, 2024 476.27 Mn
Dec 31, 2024 476.27 Mn
Sep 30, 2024 34.98 Mn
Sep 30, 2024 34.98 Mn
Jun 30, 2024 18.55 Mn
Jun 30, 2024 18.55 Mn
Mar 31, 2024 10.85 Mn
Mar 31, 2024 10.85 Mn
Dec 31, 2023 14.21 Mn
Dec 31, 2023 14.21 Mn
Sep 30, 2023 5.92 Mn
Sep 30, 2023 5.92 Mn
Jun 30, 2023 8.47 Mn
Jun 30, 2023 8.47 Mn
Mar 31, 2023 9.34 Mn
Mar 31, 2023 9.34 Mn
Dec 31, 2022 8.11 Mn
Dec 31, 2022 8.11 Mn
Sep 30, 2022 3.78 Mn
Sep 30, 2022 3.78 Mn
Jun 30, 2022 3.71 Mn
Jun 30, 2022 3.71 Mn
Mar 31, 2022 3.63 Mn
Mar 31, 2022 3.63 Mn
Dec 31, 2021 3.41 Mn
Dec 31, 2021 3.41 Mn
Sep 30, 2021 3.21 Mn
Sep 30, 2021 3.21 Mn
Jun 30, 2021 3.74 Mn
Jun 30, 2021 3.74 Mn
Mar 31, 2021 3.26 Mn
Mar 31, 2021 3.26 Mn
Dec 31, 2020 3.21 Mn
Dec 31, 2020 3.21 Mn
Sep 30, 2020 952,000.00
Sep 30, 2020 952,000.00
Jun 30, 2020 483,000.00
Jun 30, 2020 483,000.00
Mar 31, 2020 483,000.00
Mar 31, 2020 483,000.00
Dec 31, 2019 482,000.00
Dec 31, 2019 482,000.00