vs
Side-by-side financial comparison of StepStone Group Inc. (STEP) and SYNAPTICS Inc (SYNA). Click either name above to swap in a different company.
StepStone Group Inc. is the larger business by last-quarter revenue ($586.5M vs $302.5M, roughly 1.9× SYNAPTICS Inc). SYNAPTICS Inc runs the higher net margin — -4.9% vs -21.0%, a 16.2% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 13.2%). StepStone Group Inc. produced more free cash flow last quarter ($26.7M vs $18.2M). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs 12.9%).
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.
Synaptics, Inc. is an American neural network technologies and computer-to-human interface devices development company based in San Jose, California. It develops touchpads and fingerprint biometrics technology for computer laptops; touch, display driver, and fingerprint biometrics technology for smartphones; and touch, video and far-field voice, low-power AI processors, and wireless technology for smart home devices, wearables, and automobiles. Synaptics sells its products to original equipme...
STEP vs SYNA — Head-to-Head
Income Statement — Q3 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $586.5M | $302.5M |
| Net Profit | $-123.5M | $-14.8M |
| Gross Margin | — | 43.5% |
| Operating Margin | -33.2% | -5.0% |
| Net Margin | -21.0% | -4.9% |
| Revenue YoY | 73.0% | 13.2% |
| Net Profit YoY | 35.7% | -922.2% |
| EPS (diluted) | $-1.55 | $-0.38 |
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 | $302.5M | ||
| Q3 25 | $454.2M | $292.5M | ||
| Q2 25 | $364.3M | $282.8M | ||
| Q1 25 | $377.7M | $266.6M | ||
| Q4 24 | $339.0M | $267.2M | ||
| Q3 24 | $271.7M | $257.7M | ||
| Q2 24 | $186.4M | $247.4M | ||
| Q1 24 | $356.8M | $237.3M |
| Q4 25 | $-123.5M | $-14.8M | ||
| Q3 25 | $-366.1M | $-20.6M | ||
| Q2 25 | $-38.4M | $-4.7M | ||
| Q1 25 | $-18.5M | $-21.8M | ||
| Q4 24 | $-192.0M | $1.8M | ||
| Q3 24 | $17.6M | $-23.1M | ||
| Q2 24 | $13.3M | $208.3M | ||
| Q1 24 | $30.8M | $-18.1M |
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 42.6% | ||
| Q2 25 | — | 43.0% | ||
| Q1 25 | — | 43.4% | ||
| Q4 24 | — | 45.7% | ||
| Q3 24 | — | 46.9% | ||
| Q2 24 | — | 45.8% | ||
| Q1 24 | — | 46.5% |
| Q4 25 | -33.2% | -5.0% | ||
| Q3 25 | -148.8% | -7.9% | ||
| Q2 25 | -5.6% | -8.6% | ||
| Q1 25 | 2.6% | -9.9% | ||
| Q4 24 | -101.7% | -5.7% | ||
| Q3 24 | 21.3% | -11.0% | ||
| Q2 24 | 29.4% | -12.6% | ||
| Q1 24 | 26.5% | -7.3% |
| Q4 25 | -21.0% | -4.9% | ||
| Q3 25 | -80.6% | -7.0% | ||
| Q2 25 | -10.5% | -1.7% | ||
| Q1 25 | -4.9% | -8.2% | ||
| Q4 24 | -56.6% | 0.7% | ||
| Q3 24 | 6.5% | -9.0% | ||
| Q2 24 | 7.2% | 84.2% | ||
| Q1 24 | 8.6% | -7.6% |
| Q4 25 | $-1.55 | $-0.38 | ||
| Q3 25 | $-4.66 | $-0.53 | ||
| Q2 25 | $-0.49 | $-0.13 | ||
| Q1 25 | $-0.37 | $-0.56 | ||
| Q4 24 | $-2.61 | $0.05 | ||
| Q3 24 | $0.26 | $-0.58 | ||
| Q2 24 | $0.20 | $5.28 | ||
| Q1 24 | $0.47 | $-0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $437.4M |
| Total DebtLower is stronger | $270.2M | $836.0M |
| Stockholders' EquityBook value | $-378.8M | $1.4B |
| Total Assets | $5.2B | $2.6B |
| Debt / EquityLower = less leverage | — | 0.60× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $437.4M | ||
| Q3 25 | — | $459.9M | ||
| Q2 25 | — | $452.5M | ||
| Q1 25 | — | $421.4M | ||
| Q4 24 | — | $596.1M | ||
| Q3 24 | — | $853.6M | ||
| Q2 24 | — | $876.9M | ||
| Q1 24 | — | $828.6M |
| Q4 25 | $270.2M | $836.0M | ||
| Q3 25 | $269.9M | $835.4M | ||
| Q2 25 | $269.6M | $834.8M | ||
| Q1 25 | $269.3M | $834.2M | ||
| Q4 24 | $168.9M | $832.5M | ||
| Q3 24 | $172.3M | — | ||
| Q2 24 | $172.1M | $983.5M | ||
| Q1 24 | $148.8M | — |
| Q4 25 | $-378.8M | $1.4B | ||
| Q3 25 | $-233.5M | $1.4B | ||
| Q2 25 | $153.9M | $1.4B | ||
| Q1 25 | $179.4M | $1.4B | ||
| Q4 24 | $209.8M | $1.4B | ||
| Q3 24 | $397.5M | $1.5B | ||
| Q2 24 | $366.9M | $1.5B | ||
| Q1 24 | $324.5M | $1.2B |
| Q4 25 | $5.2B | $2.6B | ||
| Q3 25 | $5.3B | $2.6B | ||
| Q2 25 | $4.8B | $2.6B | ||
| Q1 25 | $4.6B | $2.6B | ||
| Q4 24 | $4.3B | $2.5B | ||
| Q3 24 | $4.0B | $2.8B | ||
| Q2 24 | $3.8B | $2.8B | ||
| Q1 24 | $3.8B | $2.5B |
| Q4 25 | — | 0.60× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | 1.75× | 0.60× | ||
| Q1 25 | 1.50× | 0.60× | ||
| Q4 24 | 0.81× | 0.60× | ||
| Q3 24 | 0.43× | — | ||
| Q2 24 | 0.47× | 0.67× | ||
| 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 | $29.8M |
| Free Cash FlowOCF − Capex | $26.7M | $18.2M |
| FCF MarginFCF / Revenue | 4.6% | 6.0% |
| Capex IntensityCapex / Revenue | 0.1% | 3.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $18.6M | $154.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.2M | $29.8M | ||
| Q3 25 | $16.2M | $30.2M | ||
| Q2 25 | $46.3M | $57.2M | ||
| Q1 25 | $-66.5M | $73.4M | ||
| Q4 24 | $27.6M | $22.8M | ||
| Q3 24 | $53.7M | $-11.4M | ||
| Q2 24 | $50.2M | $65.0M | ||
| Q1 24 | $7.6M | $-13.7M |
| Q4 25 | $26.7M | $18.2M | ||
| Q3 25 | $15.9M | $18.0M | ||
| Q2 25 | $45.2M | $50.6M | ||
| Q1 25 | $-69.2M | $68.0M | ||
| Q4 24 | $27.0M | $18.1M | ||
| Q3 24 | $52.4M | $-20.5M | ||
| Q2 24 | $49.6M | $57.3M | ||
| Q1 24 | $6.7M | $-22.7M |
| Q4 25 | 4.6% | 6.0% | ||
| Q3 25 | 3.5% | 6.2% | ||
| Q2 25 | 12.4% | 17.9% | ||
| Q1 25 | -18.3% | 25.5% | ||
| Q4 24 | 8.0% | 6.8% | ||
| Q3 24 | 19.3% | -8.0% | ||
| Q2 24 | 26.6% | 23.2% | ||
| Q1 24 | 1.9% | -9.6% |
| Q4 25 | 0.1% | 3.8% | ||
| Q3 25 | 0.1% | 4.2% | ||
| Q2 25 | 0.3% | 2.3% | ||
| Q1 25 | 0.7% | 2.0% | ||
| Q4 24 | 0.2% | 1.8% | ||
| Q3 24 | 0.5% | 3.5% | ||
| Q2 24 | 0.3% | 3.1% | ||
| Q1 24 | 0.3% | 3.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 12.67× | ||
| Q3 24 | 3.05× | — | ||
| Q2 24 | 3.76× | 0.31× | ||
| 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% |
SYNA
| Enterprise And Automotive Product Applications | $161.1M | 53% |
| Internet Of Things Product Applications | $93.2M | 31% |
| Mobile Product Applications | $48.2M | 16% |
