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Side-by-side financial comparison of BJs RESTAURANTS INC (BJRI) and StepStone Group Inc. (STEP). Click either name above to swap in a different company.
StepStone Group Inc. is the larger business by last-quarter revenue ($586.5M vs $355.4M, roughly 1.7× BJs RESTAURANTS INC). BJs RESTAURANTS INC runs the higher net margin — 3.6% vs -21.0%, a 24.6% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 3.2%). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs 2.6%).
BJ's Restaurants Inc. operates a chain of casual dining restaurants across the United States. Its menu features signature deep-dish pizzas, craft beers, handcrafted cocktails, and a wide range of American comfort food. The brand primarily serves family groups, friend gatherings, and casual diners seeking affordable, high-quality meals in a relaxed, welcoming in-store environment.
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.
BJRI vs STEP — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | ||
|---|---|---|
| Revenue | $355.4M | $586.5M |
| Net Profit | $12.6M | $-123.5M |
| Gross Margin | 74.5% | — |
| Operating Margin | 3.1% | -33.2% |
| Net Margin | 3.6% | -21.0% |
| Revenue YoY | 3.2% | 73.0% |
| Net Profit YoY | -24.2% | 35.7% |
| EPS (diluted) | $0.58 | $-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.
| Q4 25 | $355.4M | $586.5M | ||
| Q3 25 | $365.6M | $454.2M | ||
| Q2 25 | $348.0M | $364.3M | ||
| Q1 25 | — | $377.7M | ||
| Q4 24 | $325.7M | $339.0M | ||
| Q3 24 | $349.9M | $271.7M | ||
| Q2 24 | $337.3M | $186.4M | ||
| Q1 24 | — | $356.8M |
| Q4 25 | $12.6M | $-123.5M | ||
| Q3 25 | $22.2M | $-366.1M | ||
| Q2 25 | $13.5M | $-38.4M | ||
| Q1 25 | — | $-18.5M | ||
| Q4 24 | $-2.9M | $-192.0M | ||
| Q3 24 | $17.2M | $17.6M | ||
| Q2 24 | $7.7M | $13.3M | ||
| Q1 24 | — | $30.8M |
| Q4 25 | 74.5% | — | ||
| Q3 25 | 75.2% | — | ||
| Q2 25 | 75.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 73.4% | — | ||
| Q3 24 | 74.3% | — | ||
| Q2 24 | 74.8% | — | ||
| Q1 24 | — | — |
| Q4 25 | 3.1% | -33.2% | ||
| Q3 25 | 5.8% | -148.8% | ||
| Q2 25 | 4.3% | -5.6% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | -0.8% | -101.7% | ||
| Q3 24 | 3.8% | 21.3% | ||
| Q2 24 | 2.4% | 29.4% | ||
| Q1 24 | — | 26.5% |
| Q4 25 | 3.6% | -21.0% | ||
| Q3 25 | 6.1% | -80.6% | ||
| Q2 25 | 3.9% | -10.5% | ||
| Q1 25 | — | -4.9% | ||
| Q4 24 | -0.9% | -56.6% | ||
| Q3 24 | 4.9% | 6.5% | ||
| Q2 24 | 2.3% | 7.2% | ||
| Q1 24 | — | 8.6% |
| Q4 25 | $0.58 | $-1.55 | ||
| Q3 25 | $0.97 | $-4.66 | ||
| Q2 25 | $0.58 | $-0.49 | ||
| Q1 25 | — | $-0.37 | ||
| Q4 24 | $-0.13 | $-2.61 | ||
| Q3 24 | $0.72 | $0.26 | ||
| Q2 24 | $0.32 | $0.20 | ||
| Q1 24 | — | $0.47 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.8M | — |
| Total DebtLower is stronger | — | $270.2M |
| Stockholders' EquityBook value | $366.2M | $-378.8M |
| Total Assets | $1.0B | $5.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.8M | — | ||
| Q3 25 | $26.0M | — | ||
| Q2 25 | $19.0M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $18.4M | — | ||
| Q3 24 | $16.2M | — | ||
| Q2 24 | $18.8M | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $270.2M | ||
| Q3 25 | $60.5M | $269.9M | ||
| Q2 25 | $85.5M | $269.6M | ||
| Q1 25 | — | $269.3M | ||
| Q4 24 | $66.5M | $168.9M | ||
| Q3 24 | $63.5M | $172.3M | ||
| Q2 24 | $58.0M | $172.1M | ||
| Q1 24 | — | $148.8M |
| Q4 25 | $366.2M | $-378.8M | ||
| Q3 25 | $386.6M | $-233.5M | ||
| Q2 25 | $371.5M | $153.9M | ||
| Q1 25 | — | $179.4M | ||
| Q4 24 | $376.2M | $209.8M | ||
| Q3 24 | $386.5M | $397.5M | ||
| Q2 24 | $375.4M | $366.9M | ||
| Q1 24 | — | $324.5M |
| Q4 25 | $1.0B | $5.2B | ||
| Q3 25 | $1.0B | $5.3B | ||
| Q2 25 | $1.0B | $4.8B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | $1.0B | $4.3B | ||
| Q3 24 | $1.0B | $4.0B | ||
| Q2 24 | $1.0B | $3.8B | ||
| Q1 24 | — | $3.8B |
| Q4 25 | — | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.23× | 1.75× | ||
| Q1 25 | — | 1.50× | ||
| Q4 24 | 0.18× | 0.81× | ||
| Q3 24 | 0.16× | 0.43× | ||
| Q2 24 | 0.15× | 0.47× | ||
| Q1 24 | — | 0.46× |
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 | — | $27.2M |
| Free Cash FlowOCF − Capex | — | $26.7M |
| FCF MarginFCF / Revenue | — | 4.6% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $18.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $27.2M | ||
| Q3 25 | $62.3M | $16.2M | ||
| Q2 25 | $4.6M | $46.3M | ||
| Q1 25 | — | $-66.5M | ||
| Q4 24 | $27.3M | $27.6M | ||
| Q3 24 | $20.2M | $53.7M | ||
| Q2 24 | $22.3M | $50.2M | ||
| Q1 24 | — | $7.6M |
| Q4 25 | — | $26.7M | ||
| Q3 25 | $41.9M | $15.9M | ||
| Q2 25 | $-12.1M | $45.2M | ||
| Q1 25 | — | $-69.2M | ||
| Q4 24 | $7.6M | $27.0M | ||
| Q3 24 | $735.0K | $52.4M | ||
| Q2 24 | $448.0K | $49.6M | ||
| Q1 24 | — | $6.7M |
| Q4 25 | — | 4.6% | ||
| Q3 25 | 11.5% | 3.5% | ||
| Q2 25 | -3.5% | 12.4% | ||
| Q1 25 | — | -18.3% | ||
| Q4 24 | 2.3% | 8.0% | ||
| Q3 24 | 0.2% | 19.3% | ||
| Q2 24 | 0.1% | 26.6% | ||
| Q1 24 | — | 1.9% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | 5.6% | 0.1% | ||
| Q2 25 | 4.8% | 0.3% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | 6.0% | 0.2% | ||
| Q3 24 | 5.6% | 0.5% | ||
| Q2 24 | 6.5% | 0.3% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | 2.80× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.18× | 3.05× | ||
| Q2 24 | 2.89× | 3.76× | ||
| Q1 24 | — | 0.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BJRI
Segment breakdown not available.
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% |