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Side-by-side financial comparison of Revvity (RVTY) and StepStone Group Inc. (STEP). Click either name above to swap in a different company.

Revvity is the larger business by last-quarter revenue ($772.1M vs $586.5M, roughly 1.3× StepStone Group Inc.). Revvity runs the higher net margin — 12.7% vs -21.0%, a 33.8% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 5.9%). Revvity produced more free cash flow last quarter ($161.8M vs $26.7M). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs 9.0%).

Revvity, Inc. is an American company in the life sciences and diagnostics business that is focused on selling to the pharmaceutical and biotechnology industries, especially in relation to approaches making use of new cell therapy or gene therapy developments. Its origins lie with the long-existing company PerkinElmer, which has been in a variety of business lines.

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.

RVTY vs STEP — Head-to-Head

Bigger by revenue
RVTY
RVTY
1.3× larger
RVTY
$772.1M
$586.5M
STEP
Growing faster (revenue YoY)
STEP
STEP
+67.1% gap
STEP
73.0%
5.9%
RVTY
Higher net margin
RVTY
RVTY
33.8% more per $
RVTY
12.7%
-21.0%
STEP
More free cash flow
RVTY
RVTY
$135.1M more FCF
RVTY
$161.8M
$26.7M
STEP
Faster 2-yr revenue CAGR
STEP
STEP
Annualised
STEP
28.2%
9.0%
RVTY

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
RVTY
RVTY
STEP
STEP
Revenue
$772.1M
$586.5M
Net Profit
$98.4M
$-123.5M
Gross Margin
Operating Margin
14.5%
-33.2%
Net Margin
12.7%
-21.0%
Revenue YoY
5.9%
73.0%
Net Profit YoY
3.9%
35.7%
EPS (diluted)
$0.86
$-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.

Revenue
RVTY
RVTY
STEP
STEP
Q4 25
$772.1M
$586.5M
Q3 25
$698.9M
$454.2M
Q2 25
$720.3M
$364.3M
Q1 25
$664.8M
$377.7M
Q4 24
$729.4M
$339.0M
Q3 24
$684.0M
$271.7M
Q2 24
$691.7M
$186.4M
Q1 24
$649.9M
$356.8M
Net Profit
RVTY
RVTY
STEP
STEP
Q4 25
$98.4M
$-123.5M
Q3 25
$46.7M
$-366.1M
Q2 25
$53.9M
$-38.4M
Q1 25
$42.2M
$-18.5M
Q4 24
$94.6M
$-192.0M
Q3 24
$94.4M
$17.6M
Q2 24
$55.4M
$13.3M
Q1 24
$26.0M
$30.8M
Gross Margin
RVTY
RVTY
STEP
STEP
Q4 25
Q3 25
53.6%
Q2 25
54.5%
Q1 25
56.5%
Q4 24
Q3 24
56.3%
Q2 24
55.7%
Q1 24
54.6%
Operating Margin
RVTY
RVTY
STEP
STEP
Q4 25
14.5%
-33.2%
Q3 25
11.7%
-148.8%
Q2 25
12.6%
-5.6%
Q1 25
10.9%
2.6%
Q4 24
16.3%
-101.7%
Q3 24
14.3%
21.3%
Q2 24
12.4%
29.4%
Q1 24
6.8%
26.5%
Net Margin
RVTY
RVTY
STEP
STEP
Q4 25
12.7%
-21.0%
Q3 25
6.7%
-80.6%
Q2 25
7.5%
-10.5%
Q1 25
6.4%
-4.9%
Q4 24
13.0%
-56.6%
Q3 24
13.8%
6.5%
Q2 24
8.0%
7.2%
Q1 24
4.0%
8.6%
EPS (diluted)
RVTY
RVTY
STEP
STEP
Q4 25
$0.86
$-1.55
Q3 25
$0.40
$-4.66
Q2 25
$0.46
$-0.49
Q1 25
$0.35
$-0.37
Q4 24
$0.77
$-2.61
Q3 24
$0.77
$0.26
Q2 24
$0.45
$0.20
Q1 24
$0.21
$0.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RVTY
RVTY
STEP
STEP
Cash + ST InvestmentsLiquidity on hand
$919.9M
Total DebtLower is stronger
$270.2M
Stockholders' EquityBook value
$7.3B
$-378.8M
Total Assets
$12.2B
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RVTY
RVTY
STEP
STEP
Q4 25
$919.9M
Q3 25
$931.4M
Q2 25
$991.8M
Q1 25
$1.1B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$2.0B
Q1 24
$1.7B
Total Debt
RVTY
RVTY
STEP
STEP
Q4 25
$270.2M
Q3 25
$269.9M
Q2 25
$269.6M
Q1 25
$269.3M
Q4 24
$168.9M
Q3 24
$172.3M
Q2 24
$172.1M
Q1 24
$148.8M
Stockholders' Equity
RVTY
RVTY
STEP
STEP
Q4 25
$7.3B
$-378.8M
Q3 25
$7.4B
$-233.5M
Q2 25
$7.6B
$153.9M
Q1 25
$7.6B
$179.4M
Q4 24
$7.7B
$209.8M
Q3 24
$7.9B
$397.5M
Q2 24
$7.9B
$366.9M
Q1 24
$7.8B
$324.5M
Total Assets
RVTY
RVTY
STEP
STEP
Q4 25
$12.2B
$5.2B
Q3 25
$12.1B
$5.3B
Q2 25
$12.4B
$4.8B
Q1 25
$12.4B
$4.6B
Q4 24
$12.4B
$4.3B
Q3 24
$12.8B
$4.0B
Q2 24
$13.4B
$3.8B
Q1 24
$13.4B
$3.8B
Debt / Equity
RVTY
RVTY
STEP
STEP
Q4 25
Q3 25
Q2 25
1.75×
Q1 25
1.50×
Q4 24
0.81×
Q3 24
0.43×
Q2 24
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
RVTY
RVTY
STEP
STEP
Operating Cash FlowLast quarter
$182.0M
$27.2M
Free Cash FlowOCF − Capex
$161.8M
$26.7M
FCF MarginFCF / Revenue
21.0%
4.6%
Capex IntensityCapex / Revenue
2.6%
0.1%
Cash ConversionOCF / Net Profit
1.85×
TTM Free Cash FlowTrailing 4 quarters
$509.4M
$18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RVTY
RVTY
STEP
STEP
Q4 25
$182.0M
$27.2M
Q3 25
$138.5M
$16.2M
Q2 25
$134.3M
$46.3M
Q1 25
$128.2M
$-66.5M
Q4 24
$174.2M
$27.6M
Q3 24
$147.9M
$53.7M
Q2 24
$158.6M
$50.2M
Q1 24
$147.6M
$7.6M
Free Cash Flow
RVTY
RVTY
STEP
STEP
Q4 25
$161.8M
$26.7M
Q3 25
$120.0M
$15.9M
Q2 25
$115.5M
$45.2M
Q1 25
$112.2M
$-69.2M
Q4 24
$149.8M
$27.0M
Q3 24
$125.6M
$52.4M
Q2 24
$136.6M
$49.6M
Q1 24
$129.7M
$6.7M
FCF Margin
RVTY
RVTY
STEP
STEP
Q4 25
21.0%
4.6%
Q3 25
17.2%
3.5%
Q2 25
16.0%
12.4%
Q1 25
16.9%
-18.3%
Q4 24
20.5%
8.0%
Q3 24
18.4%
19.3%
Q2 24
19.7%
26.6%
Q1 24
20.0%
1.9%
Capex Intensity
RVTY
RVTY
STEP
STEP
Q4 25
2.6%
0.1%
Q3 25
2.6%
0.1%
Q2 25
2.6%
0.3%
Q1 25
2.4%
0.7%
Q4 24
3.4%
0.2%
Q3 24
3.3%
0.5%
Q2 24
3.2%
0.3%
Q1 24
2.7%
0.3%
Cash Conversion
RVTY
RVTY
STEP
STEP
Q4 25
1.85×
Q3 25
2.97×
Q2 25
2.49×
Q1 25
3.03×
Q4 24
1.84×
Q3 24
1.57×
3.05×
Q2 24
2.87×
3.76×
Q1 24
5.67×
0.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RVTY
RVTY

Immunodiagnostics$240.8M31%
Life Sciences$191.4M25%
Reproductive Health$149.3M19%
Segment Operating Income$132.0M17%
Software$62.3M8%

STEP
STEP

Other$210.1M36%
Management And Advisory Fees Net Focused Commingled Funds$143.3M24%
Carried Interest Allocation Focused Commingled Funds$85.1M15%
Carried Interest Allocation Separately Managed Accounts$63.6M11%
Carried Interest Allocation Realized$46.7M8%
Management And Advisory Fees Net Advisory And Other Services$18.3M3%
Legacy Carried Interest Allocation Focused Commingled Funds$10.3M2%
Income Based Incentive Fees$6.0M1%
Management And Advisory Fees Net Fund Reimbursement Revenues$3.1M1%

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