StepStone STEP
NASDAQ STEP
$49.90 -0.04 (-0.08%)
As of: Sep 10, 2026 · 1:33 PM EDT

StepStone (STEP) Tax Provisions (2019 - 2025)

StepStone's (STEP) quarterly Tax Provisions came in at -$100.3 million in Q3 2025, down 2212.34% on a YoY basis from $4.8 million in Q3 2024, and down 1103.21% quarter-over-quarter from -$8.3 million in Q2 2025.

Analysis

StepStone (STEP) Tax Provisions (2019 - 2025) Analysis & Trends

StepStone (STEP) has reported Tax Provisions for 7 consecutive years, with -$100.3 million the latest figure, recorded in Q3 2025.

  • For the quarter ending Q3 2025, Tax Provisions fell 2212.34% year-over-year to -$100.3 million; the trailing twelve-month figure through Sep 2025 stood at -$169.4 million (down 843.21% YoY), and the FY2025 full-year result was -$49.2 million, down 278.45% from the prior year.
  • Tax Provisions slipped to -$100.3 million in Q3 2025 per STEP's latest filing, from -$8.3 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $15.8 million in Q4 2021 and bottomed at -$100.3 million in Q3 2025.
  • Historically, Tax Provisions has averaged -$4.6 million across 5 years, with a median of $4.8 million in 2024.
  • The sharpest annual moves came in 2021 and 2024: Tax Provisions jumped 1145.51% in 2021, then plunged 7860.17% in 2024.
  • Over 5 years, Tax Provisions stood at $15.8 million in 2021, then tumbled by 104.64% to -$732000.0 in 2022, then grew by 1.23% to -$723000.0 in 2023, then slumped by 7860.17% to -$57.6 million in 2024, then plunged by 74.34% to -$100.3 million in 2025.
  • According to Business Quant data, Tax Provisions over the past three periods registered -$100.3 million, -$8.3 million, and -$3.2 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Blackstone 100.98 Bn 98.47 Bn - 452.39 Mn
2 Kkr 90.41 Bn -186.66 Bn - 246.11 Mn
3 Apollo Global Management 76.61 Bn 51.24 Bn 10.54 Bn 396.00 Mn
4 Brookfield Asset Management 75.69 Bn 74.18 Bn - 162.00 Mn
5 Wheaton Precious Metals 69.22 Bn 69.12 Bn 687.86 Mn 101.80 Mn
6 Franco Nevada 50.47 Bn 48.93 Bn 451.00 Mn 104.90 Mn
7 Brookfield 37.98 Bn 7.42 Bn 19.38 Bn -336.00 Mn
8 Ares Management 30.04 Bn 30.04 Bn - 72.98 Mn
9 Carlyle 15.48 Bn 14.22 Bn - 49.00 Mn
10 StepStone 3.97 Bn 3.06 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2025 -100.34 Mn
Jun 30, 2025 -8.34 Mn
Mar 31, 2025 -3.20 Mn
Dec 31, 2024 -57.55 Mn
Sep 30, 2024 4.75 Mn
Jun 30, 2024 6.80 Mn
Mar 31, 2024 11.97 Mn
Dec 31, 2023 -723,000.00
Sep 30, 2023 7.73 Mn
Jun 30, 2023 8.60 Mn
Mar 31, 2023 10.69 Mn
Dec 31, 2022 -732,000.00
Sep 30, 2022 -7.42 Mn
Jun 30, 2022 1.29 Mn
Mar 31, 2022 12.24 Mn
Dec 31, 2021 15.79 Mn
Sep 30, 2021 -14.15 Mn
Jun 30, 2021 14.42 Mn
Mar 31, 2021 11.67 Mn
Dec 31, 2020 9.55 Mn