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
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