Company research
StepStone Group Inc.
CIK 1796022Updated Sep 26, 2026
SecuritySTEP · NASDAQ · equity
STEP price & chart
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NASDAQ:STEP on TradingView ↗In the news
StepStone Group Closes its Infrastructure Secondaries Fund, Raising $1.7 Billion Across the Fund and Related Separate Accounts ↗
Recent filings
4 filing
4 filing
Submission of Matters to a Vote of Security Holders
Items 5.07
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Financials
FY 2026 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 6,762,702,000Source | 4,586,693,000Source | 3,788,807,000Source | 3,497,403,000Source |
| Property, Plant and Equipment, NetUSD | 26,303,000Source | 29,798,000Source | 29,558,000Source | 15,841,000Source |
| GoodwillUSD | 580,542,000Source | 580,542,000Source | 580,542,000Source | 580,542,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 223,044,000Source | 263,872,000Source | 304,873,000Source | 354,645,000Source |
| Current assets: | ||||
| Accounts Receivable | — | — | — | — |
| Operating Lease, Right-of-Use AssetUSD | 81,565,000Source | 91,841,000Source | 97,763,000Source | 101,130,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 5,876,676,000Source | 2,812,321,000Source | 1,915,673,000Source | 1,844,086,000Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | 482,057,000Source | 421,057,000Source | 310,293,000Source | 610,567,000Source |
| Retained Earnings (Accumulated Deficit)USD | -896,879,000Source | -242,546,000Source | 13,768,000Source | 160,430,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 1,143,000Source | 728,000Source | 304,000Source | 461,000Source |
| Stockholders' Equity Attributable to ParentUSD | -413,559,000Source | 179,356,000Source | 324,476,000Source | 771,567,000Source |
| Liabilities and EquityUSD | 6,762,702,000Source | 4,586,693,000Source | 3,788,807,000Source | 3,497,403,000Source |
| Additional Financial Items | ||||
| Dividends Payable, CurrentUSD | 761,000Source | 911,000Source | — | — |
| Long-term DebtUSD | — | 269,268,000Source | 148,822,000Source | 98,351,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | — | — | — | 24,530,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -743,276,000Source | -172,827,000Source | 167,820,000Source | -45,275,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 45,731,000Source | 45,489,000Source | 47,588,000Source | 47,443,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,617,562,000Source | 650,132,000Source | 39,448,000Source | 24,940,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 64,400,000Source | 24,102,000Source | 12,349,000Source | 10,309,000Source |
| Deferred Income Tax Expense (Benefit)USD | -195,246,000Source | -75,324,000Source | 9,182,000Source | -12,491,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 66,481,000Source | 64,928,000Source | 161,522,000Source | 151,183,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 0Source | 0Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 732,881,000Source | -43,475,000Source | -47,347,000Source | -30,807,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 0Source | -1,000Source | 0Source | -1,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 2,620,000Source | 5,100,000Source | 19,607,000Source | 5,627,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 400,000Source | 1,472,000Source | 695,000Source | 2,743,000Source |
| Payments for Repurchase of Common StockUSD | 8,715,000Source | — | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 37,439,000Source | 87,481,000Source | -57,978,000Source | -108,021,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 117,764,000Source | 75,840,000Source | 68,474,000Source | 49,973,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 0Source | -5,000Source | -1,000Source | -1,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 829,197,000Source | 107,492,000Source | 52,795,000Source | 12,068,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,119,001,000Source | 289,804,000Source | 182,312,000Source | 129,517,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 16,081,000Source | 7,237,000Source | 8,462,000Source | 3,551,000Source |
| Income Taxes Paid, NetUSD | 42,323,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -7,604,000Source | -1,442,000Source | -3,402,000Source | -287,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 1,742,057,000Source | 669,126,000Source | 42,357,000Source | 24,940,000Source |
| Amortization of Debt Issuance CostsUSD | 1,304,000Source | 847,000Source | 472,000Source | 472,000Source |
| Amortization of Intangible AssetsUSD | 40,800,000Source | 41,000,000Source | 42,400,000Source | 43,500,000Source |
| DepreciationUSD | 4,900,000Source | 4,500,000Source | 5,200,000Source | 4,000,000Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | 0Source | 0Source | -812,000Source | — |
| Dividends Payable, CurrentUSD | 761,000Source | 911,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 4,800,000Source | -400,000Source | -1,400,000Source | -1,600,000Source |
| Gain (Loss) on InvestmentsUSD | 92,407,000Source | 65,374,000Source | — | — |
| General and Administrative ExpenseUSD | 187,254,000Source | 177,354,000Source | 167,317,000Source | 147,159,000Source |
| GoodwillUSD | 580,542,000Source | 580,542,000Source | 580,542,000Source | 580,542,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | 40,819,000Source | 15,096,000Source | 7,452,000Source | -2,509,000Source |
| Income Tax Expense (Benefit)USD | -147,893,000Source | -49,208,000Source | 27,576,000Source | 3,821,000Source |
| InterestExpenseNonoperatingUSD | 18,502,000Source | 12,701,000Source | — | — |
| Investment Income, InterestUSD | 11,833,000Source | 10,850,000Source | 3,664,000Source | 1,921,000Source |
| Net Income (Loss) Attributable to ParentUSD | -535,808,000Source | -179,563,000Source | 58,091,000Source | -18,398,000Source |
| Nonoperating Income (Expense)USD | 132,199,000Source | 44,784,000Source | 23,625,000Source | -40,957,000Source |
| Other Nonoperating Income (Expense)USD | 697,000Source | -32,650,000Source | 2,455,000Source | -1,420,000Source |
| Payments of Financing CostsUSD | 0Source | 5,401,000Source | 0Source | 0Source |
| Proceeds from Issuance of Common StockUSD | 3,677,000Source | 2,521,000Source | — | — |
| Realized Investment Gains (Losses)USD | 7,539,000Source | 3,181,000Source | 2,325,000Source | 3,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | 84,868,000Source | 62,193,000Source | 26,147,000Source | 9,312,000Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 1,993,603,000Source | 1,174,830,000Source | 711,631,000Source | -67,574,000Source |
| Other Nonoperating Income (Expense)USD | 697,000Source | -32,650,000Source | 2,455,000Source | -1,420,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -891,169,000Source | -222,035,000Source | 195,396,000Source | -41,454,000Source |
| Income Tax Expense (Benefit)USD | -147,893,000Source | -49,208,000Source | 27,576,000Source | 3,821,000Source |
| Net Income (Loss) Attributable to ParentUSD | -535,808,000Source | -179,563,000Source | 58,091,000Source | -18,398,000Source |
| Earnings Per Share, BasicUSD per share | -6.78Source | -2.52Source | 0.91Source | -0.3Source |
| Earnings Per Share, DilutedUSD per share | -6.78Source | -2.52Source | 0.91Source | -0.3Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 79,039,229Source | 71,142,916Source | 63,489,135Source | 61,884,671Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 79,039,229Source | 71,142,916Source | 66,544,038Source | 61,884,671Source |
| Interest Expense (non-operating)USD | 18,502,000Source | 12,701,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 40,800,000Source | 41,000,000Source | 42,400,000Source | 43,500,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 1.48Source | 1.08Source | 1.08Source | 0.8Source |
| Costs and ExpensesUSD | 3,016,971,000Source | 1,441,649,000Source | 539,860,000Source | -67,077,000Source |
| Current Income Tax Expense (Benefit)USD | 47,353,000Source | 26,116,000Source | 18,394,000Source | 16,312,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 4,800,000Source | -400,000Source | -1,400,000Source | -1,600,000Source |
| Gain (Loss) on InvestmentsUSD | 92,407,000Source | 65,374,000Source | — | — |
| General and Administrative ExpenseUSD | 187,254,000Source | 177,354,000Source | 167,317,000Source | 147,159,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -960,921,000Source | -278,526,000Source | 127,311,000Source | -102,560,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 40,819,000Source | 15,096,000Source | 7,452,000Source | -2,509,000Source |
| Interest ExpenseUSD | — | — | 9,331,000Source | 4,189,000Source |
| Investment Income, InterestUSD | 11,833,000Source | 10,850,000Source | 3,664,000Source | 1,921,000Source |
| Nonoperating Income (Expense)USD | 132,199,000Source | 44,784,000Source | 23,625,000Source | -40,957,000Source |
| Realized Investment Gains (Losses)USD | 7,539,000Source | 3,181,000Source | 2,325,000Source | 3,000Source |