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Nasdaq · Financials

StepStone Group Inc. (STEP)

As-reported financials and SEC filings for StepStone Group Inc. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About StepStone Group Inc.

StepStone Group Inc. is a global private markets investment firm that provides customized investment solutions, advisory, and data services. It serves clients such as pension funds, sovereign wealth funds, insurance companies, endowments, foundations, family offices, and high-net-worth individuals. The company builds private markets portfolios across private equity, infrastructure, private debt, and real estate asset classes using strategies including primary fund commitments, secondary market acquisitions, and direct co-investments.

Snapshot

Revenue
$1.99B
Revenue growth (YoY)
69.7%
Net income
$-535.8M
Diluted EPS
$-6.78
Gross margin
Operating margin
Net margin
-26.9%
FCF margin
3.2%
ROE
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$6.41B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended March 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at StepStone Group

  • Revenue grew 69.7% to $2.0B in FY2026, faster than the 65.1% the year before.
  • Most recent quarter Q1 FY2027: revenue $379M, up 4.0% from Q1 FY2026.
  • Free cash flow was $64M in FY2026, 3.2% of revenue.
  • Net loss widened to $536M in FY2026, from $180M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where StepStone Group’s fundamentals sit among the 425 Financials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin-26.9%
7th percentile of 377
FCF margin3.2%
24th percentile of 272
Revenue growth (YoY)+69.7%
93rd percentile of 420
Short interest3.52d
42nd percentile of 420

StepStone Group’s net margin of -26.9% ranks in the 7th percentile of the 377 Financials companies reporting it. StepStone Group’s revenue growth of +69.7% ranks in the 93rd percentile of the 420 Financials companies reporting it.

2 reported insider purchases (code P) totaling $5.0M in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+6 quant / multi-strat
Initiated / added
3
1 new, 2 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$293.9M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$232.4M5.6MReduced
Point72 Asset ManagementquantQ2 2026$41.6M1.0MAdded
Renaissance TechnologiesquantQ2 2026$8.8M213.3KAdded
Citadel AdvisorsquantQ2 2026$7.6M182.9KReduced
AQR Capital ManagementquantQ2 2026$2.9M70.9KReduced
Two Sigma InvestmentsquantQ2 2026$603,31814.6KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
2
1 insider
Bought (90d)
$5.0M
code P value
Sells (90d)
0
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-11
McCabe Michael IHead of StrategyBuy96.9K$41.71$4.0M
2026-06-11
McCabe Michael IHead of StrategyBuy23.1K$42.44$981K
2026-06-03
Fernandez Jose ACo-Chief Operating OfficerSell2.3K$42.64$98K
2026-06-02
filed 2026-06-03
Fernandez Jose ACo-Chief Operating OfficerSell85.2K$46.41$4.0M
2026-06-02
filed 2026-06-03
Fernandez Jose ACo-Chief Operating OfficerSell14.8K$47.33$700K
2026-06-01
filed 2026-06-03
Fernandez Jose ACo-Chief Operating OfficerSell56.2K$48.57$2.7M
2026-06-01
filed 2026-06-03
Fernandez Jose ACo-Chief Operating OfficerSell28.3K$47.90$1.4M
2026-06-01
filed 2026-06-03
Fernandez Jose ACo-Chief Operating OfficerSell12.1K$49.78$603K
2026-06-01
filed 2026-06-03
Fernandez Jose ACo-Chief Operating OfficerSell3.4K$50.59$171K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
6.4M
settled 2026-08-14
Change vs prior
-6.8%
vs previous settlement
Days to cover
3.52
at avg daily volume
Avg daily volume
1.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-146.4M-6.8%3.52
2026-07-316.9M-2.9%6.18
2026-07-157.1M+28.2%4.92
2026-06-305.5M-8.9%2.94
2026-06-156.1M+15.2%4.21
2026-05-295.3M+13.6%4.02
2026-05-154.7M-1.3%6.96
2026-04-304.7M+10.9%5.12

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$1.99B$1.17B$711.6M$-67.6M$1.37B
Gross profit
Operating income
Net income$-535.8M$-179.6M$58.1M$-18.4M$193.9M
Diluted EPS$-6.78$-2.52$0.91$-0.30$3.84

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$1.12B$289.8M$182.3M$129.5M$117.4M
Current assets
Total assets$6.76B$4.59B$3.79B$3.50B$4.19B
Current liabilities
Long-term debt$269.3M$148.8M$98.4M$62.9M
Total liabilities$5.88B$2.81B$1.92B$1.84B$2.36B
Total equity$691.0M$1.39B$1.65B$1.63B$1.82B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$66.5M$64.9M$161.5M$151.2M$214.3M
Capital expenditure$2.6M$5.1M$19.6M$5.6M$2.1M
Free cash flow$63.9M$59.8M$141.9M$145.6M$212.2M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$378.9M4.0%$-115.8M$-1.41
Q4 FY2026$588.6M55.8%$-7.8M$-0.10
Q3 FY2026$586.5M73.0%$-123.5M$-1.55
Q2 FY2026$454.2M67.2%$-366.1M$-4.66
Q1 FY2026$364.3M95.4%$-38.4M$-0.49
Q4 FY2025$377.7M5.9%$-18.5M$-0.24
Q3 FY2025$339.0M$-192.0M$-2.61
Q2 FY2025$271.7M41.9%$17.6M$0.26

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorFinancials
SIC industryInvestment Advice
Latest annual periodFY2026 (ended March 31, 2026)
Latest reported quarterQ1 FY2027 (ended June 30, 2026)
Oldest indexed filing2019
SEC CIK1796022

Selected SEC filings

10-K2026-05-27
View on EDGAR →
10-Q2026-08-07
View on EDGAR →
10-Q2026-02-05
View on EDGAR →
10-Q2025-11-06
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-06-01
View on EDGAR →
8-K2026-05-20
View on EDGAR →
8-K2026-02-05
View on EDGAR →

Largest Financials peers

All Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.