StepStone (STEP) Tax Provisions (2019 - 2025)
StepStone (STEP) reported Tax Provisions of -$100.3 million for 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.
StepStone (STEP) Tax Provisions (2019 - 2025) Analysis & Trends
StepStone has reported Tax Provisions for 7 years, with the latest figure at -$100.3 million 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 for Q3 2025 stood at -$100.3 million, down from -$8.3 million in the prior quarter.
- The five-year high for Tax Provisions was $15.8 million in Q4 2021, with the low 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.
- Annual changes were most pronounced in 2021 — Tax Provisions soared 1145.51% — and 2024, when it tumbled 7860.17%.
- StepStone's Tax Provisions stood at $15.8 million in 2021, then sank by 104.64% to -$732000.0 in 2022, then advanced by 1.23% to -$723000.0 in 2023, then plunged by 7860.17% to -$57.6 million in 2024, then slumped by 74.34% to -$100.3 million in 2025.
- The last three Tax Provisions figures came in at -$100.3 million (Q3 2025), -$8.3 million (Q2 2025), and -$3.2 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 516.00 Mn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 197.15 Mn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 185.39 Mn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 1.69 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 205.00 Mn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 229.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 175.10 Mn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 191.00 Mn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 59.87 Mn |
| 10 | StepStone | 3.56 Bn | 4.40 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |