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

StepStone (STEP) reported Share-based Compensation (IS) of $1.1 billion for Q3 2025, up 563.22% on a YoY basis from $170.6 million in Q3 2024, and up 197.5% quarter-over-quarter from $380.4 million in Q2 2025.

StepStone (STEP) Share-based Compensation (IS) (2019 - 2025) Analysis & Trends

StepStone has reported Share-based Compensation (IS) for 7 years, with the latest figure at $1.1 billion in Q3 2025.

  • For the quarter ending Q3 2025, Share-based Compensation (IS) rose 563.22% year-over-year to $1.1 billion; the trailing twelve-month figure through Sep 2025 stood at $2.5 billion (up 451.22% YoY), and the FY2025 full-year result was $1.3 billion, up 239.37% from the prior year.
  • Share-based Compensation (IS) for Q3 2025 stood at $1.1 billion, up from $380.4 million in the prior quarter.
  • The five-year high for Share-based Compensation (IS) was $1.1 billion in Q3 2025, with the low at -$137.9 million in Q3 2022.
  • Historically, Share-based Compensation (IS) has averaged $206.8 million across 5 years, with a median of $157.3 million in 2021.
  • Annual changes were most pronounced in 2022 — Share-based Compensation (IS) sank 193.11% — and 2024, when it jumped 2370.43%.
  • StepStone's Share-based Compensation (IS) stood at $262.4 million in 2021, then slumped by 114.61% to -$38.3 million in 2022, then increased by 24.75% to -$28.8 million in 2023, then jumped by 2370.43% to $655.0 million in 2024, then jumped by 72.78% to $1.1 billion in 2025.
  • The last three Share-based Compensation (IS) figures came in at $1.1 billion (Q3 2025), $380.4 million (Q2 2025), and $340.4 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (IS) (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -
2 Blackstone 96.85 Bn 95.80 Bn - -
3 Kkr 86.45 Bn 133.96 Bn - -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn -
7 Northern Trust 31.92 Bn 31.92 Bn - -
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - -
10 StepStone 3.56 Bn 4.40 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 1.13 Bn
Sep 30, 2025 1.13 Bn
Jun 30, 2025 380.40 Mn
Jun 30, 2025 380.40 Mn
Mar 31, 2025 340.45 Mn
Mar 31, 2025 340.45 Mn
Dec 31, 2024 654.98 Mn
Dec 31, 2024 654.98 Mn
Sep 30, 2024 170.64 Mn
Sep 30, 2024 170.64 Mn
Jun 30, 2024 98.24 Mn
Jun 30, 2024 98.24 Mn
Mar 31, 2024 214.88 Mn
Mar 31, 2024 214.88 Mn
Dec 31, 2023 -28.85 Mn
Dec 31, 2023 -28.85 Mn
Sep 30, 2023 98.60 Mn
Sep 30, 2023 98.60 Mn
Jun 30, 2023 87.92 Mn
Jun 30, 2023 87.92 Mn