vs
Side-by-side financial comparison of Allegion (ALLE) and StepStone Group Inc. (STEP). Click either name above to swap in a different company.
Allegion is the larger business by last-quarter revenue ($1.0B vs $586.5M, roughly 1.8× StepStone Group Inc.). Allegion runs the higher net margin — 13.4% vs -21.0%, a 34.4% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 9.7%). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs 3.5%).
Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door closers, controls, and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors and door systems; and other accessories. The company sells its products and solutions to end-users in commercial, institutional, and residential facili...
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.
ALLE vs STEP — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $586.5M |
| Net Profit | $138.1M | $-123.5M |
| Gross Margin | 44.0% | — |
| Operating Margin | 18.9% | -33.2% |
| Net Margin | 13.4% | -21.0% |
| Revenue YoY | 9.7% | 73.0% |
| Net Profit YoY | -6.8% | 35.7% |
| EPS (diluted) | — | $-1.55 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $586.5M | ||
| Q3 25 | $1.1B | $454.2M | ||
| Q2 25 | $1.0B | $364.3M | ||
| Q1 25 | $941.9M | $377.7M | ||
| Q4 24 | $945.6M | $339.0M | ||
| Q3 24 | $967.1M | $271.7M | ||
| Q2 24 | $965.6M | $186.4M |
| Q1 26 | $138.1M | — | ||
| Q4 25 | $147.5M | $-123.5M | ||
| Q3 25 | $188.4M | $-366.1M | ||
| Q2 25 | $159.7M | $-38.4M | ||
| Q1 25 | $148.2M | $-18.5M | ||
| Q4 24 | $144.1M | $-192.0M | ||
| Q3 24 | $174.2M | $17.6M | ||
| Q2 24 | $155.4M | $13.3M |
| Q1 26 | 44.0% | — | ||
| Q4 25 | 44.5% | — | ||
| Q3 25 | 45.8% | — | ||
| Q2 25 | 45.6% | — | ||
| Q1 25 | 44.9% | — | ||
| Q4 24 | 44.1% | — | ||
| Q3 24 | 44.7% | — | ||
| Q2 24 | 44.4% | — |
| Q1 26 | 18.9% | — | ||
| Q4 25 | 20.3% | -33.2% | ||
| Q3 25 | 21.8% | -148.8% | ||
| Q2 25 | 21.5% | -5.6% | ||
| Q1 25 | 20.9% | 2.6% | ||
| Q4 24 | 19.5% | -101.7% | ||
| Q3 24 | 22.2% | 21.3% | ||
| Q2 24 | 21.6% | 29.4% |
| Q1 26 | 13.4% | — | ||
| Q4 25 | 14.3% | -21.0% | ||
| Q3 25 | 17.6% | -80.6% | ||
| Q2 25 | 15.6% | -10.5% | ||
| Q1 25 | 15.7% | -4.9% | ||
| Q4 24 | 15.2% | -56.6% | ||
| Q3 24 | 18.0% | 6.5% | ||
| Q2 24 | 16.1% | 7.2% |
| Q1 26 | — | — | ||
| Q4 25 | $1.70 | $-1.55 | ||
| Q3 25 | $2.18 | $-4.66 | ||
| Q2 25 | $1.85 | $-0.49 | ||
| Q1 25 | $1.71 | $-0.37 | ||
| Q4 24 | $1.65 | $-2.61 | ||
| Q3 24 | $1.99 | $0.26 | ||
| Q2 24 | $1.77 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $308.9M | — |
| Total DebtLower is stronger | $2.0B | $270.2M |
| Stockholders' EquityBook value | $2.1B | $-378.8M |
| Total Assets | $5.3B | $5.2B |
| Debt / EquityLower = less leverage | 0.97× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $308.9M | — | ||
| Q4 25 | $356.2M | — | ||
| Q3 25 | $302.7M | — | ||
| Q2 25 | $656.8M | — | ||
| Q1 25 | $494.5M | — | ||
| Q4 24 | $503.8M | — | ||
| Q3 24 | $878.9M | — | ||
| Q2 24 | $747.5M | — |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $270.2M | ||
| Q3 25 | $2.1B | $269.9M | ||
| Q2 25 | $2.1B | $269.6M | ||
| Q1 25 | $2.0B | $269.3M | ||
| Q4 24 | $2.0B | $168.9M | ||
| Q3 24 | $2.4B | $172.3M | ||
| Q2 24 | $2.4B | $172.1M |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $-378.8M | ||
| Q3 25 | $1.9B | $-233.5M | ||
| Q2 25 | $1.8B | $153.9M | ||
| Q1 25 | $1.6B | $179.4M | ||
| Q4 24 | $1.5B | $209.8M | ||
| Q3 24 | $1.6B | $397.5M | ||
| Q2 24 | $1.4B | $366.9M |
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.2B | $5.2B | ||
| Q3 25 | $5.2B | $5.3B | ||
| Q2 25 | $4.9B | $4.8B | ||
| Q1 25 | $4.6B | $4.6B | ||
| Q4 24 | $4.5B | $4.3B | ||
| Q3 24 | $5.0B | $4.0B | ||
| Q2 24 | $4.8B | $3.8B |
| Q1 26 | 0.97× | — | ||
| Q4 25 | 0.96× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.16× | 1.75× | ||
| Q1 25 | 1.24× | 1.50× | ||
| Q4 24 | 1.33× | 0.81× | ||
| Q3 24 | 1.53× | 0.43× | ||
| Q2 24 | 1.69× | 0.47× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $101.3M | $27.2M |
| Free Cash FlowOCF − Capex | — | $26.7M |
| FCF MarginFCF / Revenue | — | 4.6% |
| Capex IntensityCapex / Revenue | 2.0% | 0.1% |
| Cash ConversionOCF / Net Profit | 0.73× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $18.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $101.3M | — | ||
| Q4 25 | $240.1M | $27.2M | ||
| Q3 25 | $229.5M | $16.2M | ||
| Q2 25 | $209.7M | $46.3M | ||
| Q1 25 | $104.5M | $-66.5M | ||
| Q4 24 | $219.0M | $27.6M | ||
| Q3 24 | $231.9M | $53.7M | ||
| Q2 24 | $173.0M | $50.2M |
| Q1 26 | — | — | ||
| Q4 25 | $200.5M | $26.7M | ||
| Q3 25 | $209.8M | $15.9M | ||
| Q2 25 | $192.0M | $45.2M | ||
| Q1 25 | $83.4M | $-69.2M | ||
| Q4 24 | $194.9M | $27.0M | ||
| Q3 24 | $212.0M | $52.4M | ||
| Q2 24 | $152.1M | $49.6M |
| Q1 26 | — | — | ||
| Q4 25 | 19.4% | 4.6% | ||
| Q3 25 | 19.6% | 3.5% | ||
| Q2 25 | 18.8% | 12.4% | ||
| Q1 25 | 8.9% | -18.3% | ||
| Q4 24 | 20.6% | 8.0% | ||
| Q3 24 | 21.9% | 19.3% | ||
| Q2 24 | 15.8% | 26.6% |
| Q1 26 | 2.0% | — | ||
| Q4 25 | 3.8% | 0.1% | ||
| Q3 25 | 1.8% | 0.1% | ||
| Q2 25 | 1.7% | 0.3% | ||
| Q1 25 | 2.2% | 0.7% | ||
| Q4 24 | 2.5% | 0.2% | ||
| Q3 24 | 2.1% | 0.5% | ||
| Q2 24 | 2.2% | 0.3% |
| Q1 26 | 0.73× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 1.31× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 1.33× | 3.05× | ||
| Q2 24 | 1.11× | 3.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALLE
| Allegion Americas | $809.9M | 78% |
| Allegion International | $223.7M | 22% |
STEP
| Other | $210.1M | 36% |
| Management And Advisory Fees Net Focused Commingled Funds | $143.3M | 24% |
| Carried Interest Allocation Focused Commingled Funds | $85.1M | 15% |
| Carried Interest Allocation Separately Managed Accounts | $63.6M | 11% |
| Carried Interest Allocation Realized | $46.7M | 8% |
| Management And Advisory Fees Net Advisory And Other Services | $18.3M | 3% |
| Legacy Carried Interest Allocation Focused Commingled Funds | $10.3M | 2% |
| Income Based Incentive Fees | $6.0M | 1% |
| Management And Advisory Fees Net Fund Reimbursement Revenues | $3.1M | 1% |
