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StepStone Group Inc.

StepStone Group Inc.STEPEarnings & Financial Report

Nasdaq · Financials · Investment Advice

Rosetta Stone Inc. is an American education technology software company that develops language, literacy and brain-fitness software. Best known for its language-learning products, in 2013, the company expanded beyond language into education-technology with its acquisitions of Livemocha, Lexia Learning, Fit Brains, and Tell Me More. In 2021, it became a subsidiary of IXL Learning.

Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024

Revenue

$364.3M

Gross Profit

N/A

Operating Profit

$-20.4M

Net Profit

$-38.4M

Gross Margin

N/A

Operating Margin

-5.6%

Net Margin

-10.5%

YoY Growth

95.4%

EPS

$-0.49

StepStone Group Inc. Q1 FY2026 Financial Summary

StepStone Group Inc. reported revenue of $364.3M (up 95.4% YoY) for Q1 FY2026, with a net profit of $-38.4M (down 388.3% YoY) (-10.5% margin).

Key Financial Metrics

Total Revenue$364.3M
Net Profit$-38.4M
Gross MarginN/A
Operating Margin-5.6%
Report PeriodQ1 FY2026

Revenue Breakdown

StepStone Group Inc. Q1 FY2026 revenue of $364.3M breaks down across 10 segments, led by Carried Interest Allocation Separately Managed Accounts at $95.4M (26.2% of total).

SegmentRevenue% of Total
Carried Interest Allocation Separately Managed Accounts$95.4M26.2%
Carried Interest Allocation Unrealized$88.9M24.4%
Management And Advisory Fees Net Separately Managed Accounts$70.4M19.3%
Legacy Carried Interest Allocation Focused Commingled Funds$39.5M10.9%
Carried Interest Allocation Realized$24.4M6.7%
Management And Advisory Fees Net Advisory And Other Services$19.9M5.5%
Carried Interest Allocation Focused Commingled Funds$17.9M4.9%
Legacy Gross Carried Interest Allocation Focused Commingled Funds$4.9M1.3%
Income Based Incentive Fees$4.4M1.2%
Management And Advisory Fees Net Fund Reimbursement Revenues$2.2M0.6%

StepStone Group Inc. Revenue by Segment — Quarterly Trend

StepStone Group Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Carried Interest Allocation Separately Managed Accounts and Carried Interest Allocation Unrealized) has evolved quarter over quarter.

SegmentQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Carried Interest Allocation Separately Managed Accounts$63.6M—$95.4M$32.5M
Carried Interest Allocation Unrealized——$88.9M—
Management And Advisory Fees Net Separately Managed Accounts—$71.7M$70.4M$67.7M
Legacy Carried Interest Allocation Focused Commingled Funds$10.3M$26.8M$39.5M$43.2M
Carried Interest Allocation Realized$46.7M—$24.4M$75.9M

StepStone Group Inc. Annual Revenue by Year

StepStone Group Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.2B).

YearAnnual Revenue
2025$1.2B
2024$711.6M
2022$1.4B

StepStone Group Inc. Quarterly Revenue & Net Profit History

StepStone Group Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q3 FY2026$586.5M+73.0%$-123.5M-21.0%
Q2 FY2026$454.2M+67.2%$-366.1M-80.6%
Q1 FY2026$364.3M+95.4%$-38.4M-10.5%
Q4 FY2025$377.7M+5.9%$-18.5M-4.9%
Q3 FY2025$339.0M+2420.2%$-192.0M-56.6%
Q2 FY2025$271.7M+41.9%$17.6M6.5%
Q1 FY2025$186.4M+4.7%$13.3M7.2%
Q4 FY2024$356.8M+107.0%$30.8M8.6%

Income Statement

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$356.8M$186.4M$271.7M$339.0M$377.7M$364.3M$454.2M$586.5M
YoY Growth107.0%4.7%41.9%2420.2%5.9%95.4%67.2%73.0%

Balance Sheet

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Assets$3.79B$3.83B$4.04B$4.35B$4.59B$4.78B$5.33B$5.24B
Liabilities$1.92B$1.89B$2.04B$2.61B$2.81B$3.08B$4.11B$4.72B
Equity$324.5M$366.9M$397.5M$209.8M$179.4M$153.9M$-233.5M$-378.8M

Cash Flow

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Operating CF$7.6M$50.2M$53.7M$27.6M$-66.5M$46.3M$16.2M$27.2M