STEPStepStone Group Inc.
$44.08-30% 1Y
$44.08
$40.6652 weeks$74.40
The financials
StepStone Group Inc. by the numbers
StepStone Group Inc. (STEP) reported revenue of $379M in Q1 2027 (quarter ended Jun 30, 2026), up 4.0% from the same quarter a year earlier. That came with net loss of $116M. For the full year FY2026, revenue was $1.99B (+70% year on year) and net income −$536M. Its largest product in Q1 2027 was Performance Fees at $110M, 28% of the disclosed total, ahead of Management And Advisory Fees Net Separately Managed Accounts at 19%. The next results filing is expected around Nov 5, 2026, the same week as a year ago.
| Income statement | Q1 2027 | Q1 2026 | Change |
|---|---|---|---|
| Revenue | $379M | $364M | +4.0% |
| Operating income | −$205M | −$59M | n/a |
| Net income | −$116M | −$38M | n/a |
| Diluted EPS | −$1.41 | −$0.49 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Performance Fees | $110M | 28% |
| Management And Advisory Fees Net Separately Managed Accounts | $75M | 19% |
| Carried Interest Allocation | $73M | 18% |
| Carried Interest Allocation Unrealized | $44M | 11% |
| Legacy Carried Interest Allocation | $37M | 9.4% |
| Carried Interest Allocation Realized | $29M | 7.2% |
| Management And Advisory Fees Net Advisory And Other Services | $19M | 4.9% |
| Income Based Incentive Fees | $7.0M | 1.8% |
| Management And Advisory Fees Net Fund Reimbursement | $3.6M | 0.9% |
Business segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $397.3M (-61%)
Management And Advisory Fees Net Fund Reimbursement grew +65% year on yearIncentive Fees -100% year on year
Segment Latestquarter on quarteryear on year
- Performance Fees$109.7M$109.7Mquarter on quarter -67%year on year -28%-67%-28%
- Management And Advisory Fees Net Separately Managed Accounts$75.3M$75.3Mquarter on quarter -1.4%year on year +7.0%-1.4%+7.0%
- Carried Interest Allocation$72.5M$72.5Mquarter on quarter -70%year on year -36%-70%-36%
- Carried Interest Allocation Unrealized$44.0M$44.0Mquarter on quarter -78%year on year -51%-78%-51%
- Legacy Carried Interest Allocation$37.2M$37.2Mquarter on quarter -55%year on year -6.2%-55%-6.2%
- Carried Interest Allocation Realized$28.6M$28.6Mquarter on quarter -26%year on year +17%-26%+17%
- Management And Advisory Fees Net Advisory And Other Services$19.5M$19.5Mquarter on quarter -2.7%year on year -2.4%-2.7%-2.4%
- Income Based Incentive Fees$7.0M$7.0Mquarter on quarter -1.4%year on year +59%-1.4%+59%
- Management And Advisory Fees Net Fund Reimbursement$3.6M$3.6Mquarter on quarter +17%year on year +65%+17%+65%
- Incentive Fees Focused Commingled Funds$0.00$0.00quarter on quarter -100%year on year -100%-100%-100%
- Incentive Fees$0.00$0.00quarter on quarter -100%year on year -100%-100%-100%
- Incentive Fees Separately Managed Accounts$0.00$0.00quarter on quarter -100%year on year n/a-100%n/a
Asset Management
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