StepStone (STEP) Share-based Compensation (2019 - 2025)
StepStone (STEP) posted Share-based Compensation of $1.4 billion for Q4 2025, up 891.36% on a QoQ basis from -$181.7 million in Q3 2025, and up 201.84% year-over-year from $476.3 million in Q4 2024.
StepStone (STEP) Share-based Compensation (2019 - 2025) Analysis & Trends
StepStone's Share-based Compensation history runs 7 years deep, the most recent figure standing at $1.4 billion for Q4 2025.
- Quarterly Share-based Compensation rose 201.84% year-over-year to $1.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $909.2 million (up 60.54% YoY) and the FY2025 annual result came in at $1.5 million, down 96.27% from the prior year.
- Share-based Compensation was $1.4 billion for Q4 2025 at StepStone, up from -$181.7 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $1.4 billion in Q4 2025 and bottomed at -$528.3 million in Q1 2025.
- A 5-year average of $88.4 million and a median of $13.1 million in 2023 frame the typical range for Share-based Compensation.
- Peak annual rise in Share-based Compensation reached 15819.88% in 2021, while the deepest fall reached 7446.32% in 2021.
- StepStone's Share-based Compensation stood at -$7.0 million in 2021, then surged by 85.52% to -$1.0 million in 2022, then slumped by 1043.0% to -$11.5 million in 2023, then jumped by 4237.84% to $476.3 million in 2024, then surged by 201.84% to $1.4 billion in 2025.
- Business Quant data shows STEP's Share-based Compensation at $1.4 billion in Q4 2025, -$181.7 million in Q3 2025, and $181.7 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 65.00 Mn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 560.90 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 232.00 Mn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 39.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 54.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 49.10 Mn |
| 10 | StepStone | 3.23 Bn | 3.12 Bn | - | 1.44 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.44 Bn |
| Dec 31, 2025 | 1.44 Bn |
| Sep 30, 2025 | -181.65 Mn |
| Sep 30, 2025 | -181.65 Mn |
| Jun 30, 2025 | 181.65 Mn |
| Jun 30, 2025 | 181.65 Mn |
| Mar 31, 2025 | -528.32 Mn |
| Mar 31, 2025 | -528.32 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 | 36.57 Mn |
| Mar 31, 2024 | 36.57 Mn |
| Dec 31, 2023 | -11.51 Mn |
| Dec 31, 2023 | -11.51 Mn |
| Sep 30, 2023 | 13.15 Mn |
| Sep 30, 2023 | 13.15 Mn |