StepStone (STEP) Tax Provisions (2019 - 2025)
StepStone's (STEP) quarterly Tax Provisions came in at -$100.3 million in Q3 2025, down 2212.34% YoY from $4.8 million in Q3 2024, and down 1103.21% on a QoQ basis from -$8.3 million in Q2 2025.
StepStone (STEP) Tax Provisions (2019 - 2025) Analysis & Trends
StepStone (STEP) has 7 years of Tax Provisions data on file, last reported at -$100.3 million in 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 declined to -$100.3 million in Q3 2025, from -$8.3 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $15.8 million in Q4 2021 to a low of -$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 tumbled 7860.17%.
- Tracing STEP's Tax Provisions over 5 years: 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 677.00 Mn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 452.39 Mn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 246.11 Mn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 336.00 Mn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 162.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 396.00 Mn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 305.00 Mn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 329.00 Mn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 272.50 Mn |
| 10 | StepStone | 3.89 Bn | 2.98 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 |