STEPNasdaqInvestment AdviceFiscal year ends March 31
StepStone Group Inc.
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$42.18+0.54 (+1.30%)
Close on Oct 19, 2026
- Market cap
- $3.46B
- P/E (TTM)
- –
- Dividend yield
- 3.51%
StepStone Group Inc. revenue by segment
By business segment
By product or service
| Revenue | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| Performance fees | $1.07B | $407.82M | $126.49M | -$564.75M | $985.27M | – | – | – | 53.5% | +161.7% |
| Management and advisory fees, net | $926.47M | $767.01M | $585.14M | $497.18M | $380.26M | $285.46M | $235.21M | $190.83M | 46.5% | +20.8% |
| Carried interest allocations | $708.29M | $301.20M | $176.31M | -$122.25M | $786.57M | – | – | – | 35.5% | +135.2% |
| Focused commingled funds | $547.76M | $440.13M | $295.93M | $227.00M | $148.73M | $97.22M | $79.40M | $59.05M | 27.5% | +24.5% |
| Unrealized | $539.71M | $141.55M | $126.91M | -$253.34M | $585.85M | – | – | – | 27.1% | +281.3% |
| SMAs | $293.63M | $252.71M | $223.96M | $210.19M | $174.32M | $135.78M | $107.29M | $86.11M | 14.7% | +16.2% |
| Total incentive fees | $220.13M | $32.28M | $25.34M | $9.66M | $11.59M | $5.47M | $3.41M | $1.54M | 11.0% | +582.1% |
| Focused commingled funds | $209.86M | $23.40M | $9.05M | $3.06M | $152.00K | $28.00K | $0 | $0 | 10.5% | +797.0% |
| Realized | $168.58M | $159.65M | $49.40M | $131.09M | $200.72M | – | – | – | 8.5% | +5.6% |
| Legacy Greenspring carried interest allocations | $138.71M | $74.34M | -$75.16M | -$452.16M | $187.11M | – | – | – | 7.0% | +86.6% |
| Advisory and other services | $74.49M | $67.06M | $60.06M | $56.24M | $55.52M | $52.22M | $47.85M | $44.84M | 3.7% | +11.1% |
| Income-based incentive fees | $22.80M | $8.00M | $1.40M | $0 | – | – | – | – | 1.1% | +185.0% |
| Fund reimbursement revenues | $10.58M | $7.11M | $5.20M | $3.75M | $1.69M | $238.00K | $669.00K | $829.00K | 0.5% | +48.8% |
| SMAs | $10.27M | $8.88M | $16.29M | $6.61M | $11.44M | $5.45M | $3.41M | $1.54M | 0.5% | +15.7% |
| BDC Income Based Incentive Fees | – | – | $1.40M | $0 | $0 | – | – | – | – | – |
By region
| Revenue | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| United States | $1.07B | $521.24M | $191.37M | -$238.44M | $428.28M | $166.72M | $108.68M | $88.83M | 53.8% | +105.6% |
| Non-U.S. countries | $921.86M | $653.59M | $520.26M | $170.87M | $937.24M | $621.00M | $337.93M | $167.44M | 46.2% | +41.0% |
From the segment and revenue-disaggregation notes of StepStone's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.