vs
Side-by-side financial comparison of StepStone Group Inc. (STEP) and Savers Value Village, Inc. (SVV). Click either name above to swap in a different company.
StepStone Group Inc. is the larger business by last-quarter revenue ($586.5M vs $426.9M, roughly 1.4× Savers Value Village, Inc.). Savers Value Village, Inc. runs the higher net margin — -3.3% vs -21.0%, a 17.8% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 8.1%). StepStone Group Inc. produced more free cash flow last quarter ($26.7M vs $-6.3M). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs 4.3%).
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.
Value Village Stores, Inc. was a Midwestern United States chain of retail stores aimed at the discount department-store market. Henry Horney, formerly of F.W. Woolworth Company founded a small, regional chain of discount stores located in the two states of Wisconsin and Illinois that opened in 1961 and operated into 1989. Horney also had a real estate company and often built small shopping malls adjoining the discount stores. The chain had no relation to the Savers Value Village chain of thri...
STEP vs SVV — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $586.5M | $426.9M |
| Net Profit | $-123.5M | $-14.0M |
| Gross Margin | — | — |
| Operating Margin | -33.2% | 8.5% |
| Net Margin | -21.0% | -3.3% |
| Revenue YoY | 73.0% | 8.1% |
| Net Profit YoY | 35.7% | -164.6% |
| EPS (diluted) | $-1.55 | $-0.09 |
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 | $586.5M | — | ||
| Q3 25 | $454.2M | $426.9M | ||
| Q2 25 | $364.3M | $417.2M | ||
| Q1 25 | $377.7M | $370.1M | ||
| Q4 24 | $339.0M | $402.0M | ||
| Q3 24 | $271.7M | $394.8M | ||
| Q2 24 | $186.4M | $386.7M | ||
| Q1 24 | $356.8M | $354.2M |
| Q4 25 | $-123.5M | — | ||
| Q3 25 | $-366.1M | $-14.0M | ||
| Q2 25 | $-38.4M | $18.9M | ||
| Q1 25 | $-18.5M | $-4.7M | ||
| Q4 24 | $-192.0M | $-1.9M | ||
| Q3 24 | $17.6M | $21.7M | ||
| Q2 24 | $13.3M | $9.7M | ||
| Q1 24 | $30.8M | $-467.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 25.6% | ||
| Q2 24 | — | 26.6% | ||
| Q1 24 | — | 24.2% |
| Q4 25 | -33.2% | — | ||
| Q3 25 | -148.8% | 8.5% | ||
| Q2 25 | -5.6% | 8.2% | ||
| Q1 25 | 2.6% | 2.8% | ||
| Q4 24 | -101.7% | 8.2% | ||
| Q3 24 | 21.3% | 12.3% | ||
| Q2 24 | 29.4% | 8.3% | ||
| Q1 24 | 26.5% | 4.6% |
| Q4 25 | -21.0% | — | ||
| Q3 25 | -80.6% | -3.3% | ||
| Q2 25 | -10.5% | 4.5% | ||
| Q1 25 | -4.9% | -1.3% | ||
| Q4 24 | -56.6% | -0.5% | ||
| Q3 24 | 6.5% | 5.5% | ||
| Q2 24 | 7.2% | 2.5% | ||
| Q1 24 | 8.6% | -0.1% |
| Q4 25 | $-1.55 | — | ||
| Q3 25 | $-4.66 | $-0.09 | ||
| Q2 25 | $-0.49 | $0.12 | ||
| Q1 25 | $-0.37 | $-0.03 | ||
| Q4 24 | $-2.61 | $-0.02 | ||
| Q3 24 | $0.26 | $0.13 | ||
| Q2 24 | $0.20 | $0.06 | ||
| Q1 24 | $0.47 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $63.5M |
| Total DebtLower is stronger | $270.2M | $750.0M |
| Stockholders' EquityBook value | $-378.8M | $414.6M |
| Total Assets | $5.2B | $2.0B |
| Debt / EquityLower = less leverage | — | 1.81× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $63.5M | ||
| Q2 25 | — | $70.5M | ||
| Q1 25 | — | $73.0M | ||
| Q4 24 | — | $150.0M | ||
| Q3 24 | — | $137.7M | ||
| Q2 24 | — | $160.7M | ||
| Q1 24 | — | $102.2M |
| Q4 25 | $270.2M | — | ||
| Q3 25 | $269.9M | $750.0M | ||
| Q2 25 | $269.6M | — | ||
| Q1 25 | $269.3M | — | ||
| Q4 24 | $168.9M | — | ||
| Q3 24 | $172.3M | — | ||
| Q2 24 | $172.1M | — | ||
| Q1 24 | $148.8M | — |
| Q4 25 | $-378.8M | — | ||
| Q3 25 | $-233.5M | $414.6M | ||
| Q2 25 | $153.9M | $423.5M | ||
| Q1 25 | $179.4M | $413.8M | ||
| Q4 24 | $209.8M | $421.7M | ||
| Q3 24 | $397.5M | $432.9M | ||
| Q2 24 | $366.9M | $419.5M | ||
| Q1 24 | $324.5M | $395.0M |
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.3B | $2.0B | ||
| Q2 25 | $4.8B | $1.9B | ||
| Q1 25 | $4.6B | $1.9B | ||
| Q4 24 | $4.3B | $1.9B | ||
| Q3 24 | $4.0B | $1.9B | ||
| Q2 24 | $3.8B | $1.9B | ||
| Q1 24 | $3.8B | $1.8B |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.81× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.2M | $21.6M |
| Free Cash FlowOCF − Capex | $26.7M | $-6.3M |
| FCF MarginFCF / Revenue | 4.6% | -1.5% |
| Capex IntensityCapex / Revenue | 0.1% | 6.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $18.6M | $25.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.2M | — | ||
| Q3 25 | $16.2M | $21.6M | ||
| Q2 25 | $46.3M | $54.4M | ||
| Q1 25 | $-66.5M | $419.0K | ||
| Q4 24 | $27.6M | $55.8M | ||
| Q3 24 | $53.7M | $23.9M | ||
| Q2 24 | $50.2M | $60.4M | ||
| Q1 24 | $7.6M | $-5.8M |
| Q4 25 | $26.7M | — | ||
| Q3 25 | $15.9M | $-6.3M | ||
| Q2 25 | $45.2M | $21.9M | ||
| Q1 25 | $-69.2M | $-20.2M | ||
| Q4 24 | $27.0M | $30.1M | ||
| Q3 24 | $52.4M | $-3.0M | ||
| Q2 24 | $49.6M | $29.6M | ||
| Q1 24 | $6.7M | $-28.3M |
| Q4 25 | 4.6% | — | ||
| Q3 25 | 3.5% | -1.5% | ||
| Q2 25 | 12.4% | 5.2% | ||
| Q1 25 | -18.3% | -5.4% | ||
| Q4 24 | 8.0% | 7.5% | ||
| Q3 24 | 19.3% | -0.8% | ||
| Q2 24 | 26.6% | 7.6% | ||
| Q1 24 | 1.9% | -8.0% |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.1% | 6.5% | ||
| Q2 25 | 0.3% | 7.8% | ||
| Q1 25 | 0.7% | 5.6% | ||
| Q4 24 | 0.2% | 6.4% | ||
| Q3 24 | 0.5% | 6.8% | ||
| Q2 24 | 0.3% | 8.0% | ||
| Q1 24 | 0.3% | 6.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.88× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.05× | 1.10× | ||
| Q2 24 | 3.76× | 6.22× | ||
| Q1 24 | 0.25× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
SVV
| Sales Channel Directly To Consumer | $408.3M | 96% |
| Sales Channel Through Intermediary | $18.6M | 4% |
