StepStone (STEP) Tax Provisions (2019 - 2025)
StepStone (STEP) posted Tax Provisions of -$100.3 million for Q3 2025, down 1103.21% on a QoQ basis from -$8.3 million in Q2 2025, and down 2212.34% year-over-year from $4.8 million in Q3 2024.
StepStone (STEP) Tax Provisions (2019 - 2025) Analysis & Trends
StepStone's Tax Provisions history runs 7 years deep, the most recent figure standing at -$100.3 million for Q3 2025.
- Quarterly Tax Provisions fell 2212.34% year-over-year to -$100.3 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was -$169.4 million (down 843.21% YoY) and the FY2025 annual result came in at -$49.2 million, down 278.45% from the prior year.
- Tax Provisions was -$100.3 million for Q3 2025 at StepStone, down 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.
- A 5-year average of -$4.6 million and a median of $4.8 million in 2024 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2021 — Tax Provisions soared 1145.51% — and 2024, when it slumped 7860.17%.
- StepStone's 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.
- Business Quant data shows STEP's Tax Provisions at -$100.3 million in Q3 2025, -$8.3 million in Q2 2025, and -$3.2 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -398.00 Mn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 516.00 Mn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 197.15 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 1.69 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 205.00 Mn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 229.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 175.10 Mn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 191.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 148.10 Mn |
| 10 | StepStone | 3.23 Bn | 3.12 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 |