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Side-by-side financial comparison of StepStone Group Inc. (STEP) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.

StepStone Group Inc. is the larger business by last-quarter revenue ($586.5M vs $517.5M, roughly 1.1× WOLVERINE WORLD WIDE INC). WOLVERINE WORLD WIDE INC runs the higher net margin — 6.1% vs -21.0%, a 27.2% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 25.5%). WOLVERINE WORLD WIDE INC produced more free cash flow last quarter ($145.6M vs $26.7M). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs 14.5%).

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.

Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.

STEP vs WWW — Head-to-Head

Bigger by revenue
STEP
STEP
1.1× larger
STEP
$586.5M
$517.5M
WWW
Growing faster (revenue YoY)
STEP
STEP
+47.5% gap
STEP
73.0%
25.5%
WWW
Higher net margin
WWW
WWW
27.2% more per $
WWW
6.1%
-21.0%
STEP
More free cash flow
WWW
WWW
$118.9M more FCF
WWW
$145.6M
$26.7M
STEP
Faster 2-yr revenue CAGR
STEP
STEP
Annualised
STEP
28.2%
14.5%
WWW

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
STEP
STEP
WWW
WWW
Revenue
$586.5M
$517.5M
Net Profit
$-123.5M
$31.8M
Gross Margin
47.3%
Operating Margin
-33.2%
9.7%
Net Margin
-21.0%
6.1%
Revenue YoY
73.0%
25.5%
Net Profit YoY
35.7%
162.8%
EPS (diluted)
$-1.55
$0.37

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
STEP
STEP
WWW
WWW
Q1 26
$517.5M
Q4 25
$586.5M
Q3 25
$454.2M
$470.3M
Q2 25
$364.3M
$474.2M
Q1 25
$377.7M
$412.3M
Q4 24
$339.0M
$494.7M
Q3 24
$271.7M
$440.2M
Q2 24
$186.4M
$425.2M
Net Profit
STEP
STEP
WWW
WWW
Q1 26
$31.8M
Q4 25
$-123.5M
Q3 25
$-366.1M
$25.1M
Q2 25
$-38.4M
$26.8M
Q1 25
$-18.5M
$12.1M
Q4 24
$-192.0M
$23.1M
Q3 24
$17.6M
$23.2M
Q2 24
$13.3M
$13.8M
Gross Margin
STEP
STEP
WWW
WWW
Q1 26
47.3%
Q4 25
Q3 25
47.5%
Q2 25
47.2%
Q1 25
47.2%
Q4 24
43.4%
Q3 24
45.1%
Q2 24
43.1%
Operating Margin
STEP
STEP
WWW
WWW
Q1 26
9.7%
Q4 25
-33.2%
Q3 25
-148.8%
8.4%
Q2 25
-5.6%
8.6%
Q1 25
2.6%
4.8%
Q4 24
-101.7%
7.4%
Q3 24
21.3%
7.9%
Q2 24
29.4%
6.8%
Net Margin
STEP
STEP
WWW
WWW
Q1 26
6.1%
Q4 25
-21.0%
Q3 25
-80.6%
5.3%
Q2 25
-10.5%
5.7%
Q1 25
-4.9%
2.9%
Q4 24
-56.6%
4.7%
Q3 24
6.5%
5.3%
Q2 24
7.2%
3.2%
EPS (diluted)
STEP
STEP
WWW
WWW
Q1 26
$0.37
Q4 25
$-1.55
Q3 25
$-4.66
$0.30
Q2 25
$-0.49
$0.32
Q1 25
$-0.37
$0.15
Q4 24
$-2.61
$0.29
Q3 24
$0.26
$0.28
Q2 24
$0.20
$0.17

Balance Sheet & Financial Strength

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

Metric
STEP
STEP
WWW
WWW
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$270.2M
$621.7M
Stockholders' EquityBook value
$-378.8M
$408.0M
Total Assets
$5.2B
$1.7B
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Total Debt
STEP
STEP
WWW
WWW
Q1 26
$621.7M
Q4 25
$270.2M
Q3 25
$269.9M
$676.4M
Q2 25
$269.6M
$708.5M
Q1 25
$269.3M
$710.8M
Q4 24
$168.9M
$648.0M
Q3 24
$172.3M
$702.8M
Q2 24
$172.1M
$814.7M
Stockholders' Equity
STEP
STEP
WWW
WWW
Q1 26
$408.0M
Q4 25
$-378.8M
Q3 25
$-233.5M
$376.7M
Q2 25
$153.9M
$344.0M
Q1 25
$179.4M
$310.6M
Q4 24
$209.8M
$312.9M
Q3 24
$397.5M
$295.2M
Q2 24
$366.9M
$262.1M
Total Assets
STEP
STEP
WWW
WWW
Q1 26
$1.7B
Q4 25
$5.2B
Q3 25
$5.3B
$1.7B
Q2 25
$4.8B
$1.8B
Q1 25
$4.6B
$1.7B
Q4 24
$4.3B
$1.7B
Q3 24
$4.0B
$1.8B
Q2 24
$3.8B
$1.8B
Debt / Equity
STEP
STEP
WWW
WWW
Q1 26
1.52×
Q4 25
Q3 25
1.80×
Q2 25
1.75×
2.06×
Q1 25
1.50×
2.29×
Q4 24
0.81×
2.07×
Q3 24
0.43×
2.38×
Q2 24
0.47×
3.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
STEP
STEP
WWW
WWW
Operating Cash FlowLast quarter
$27.2M
$146.2M
Free Cash FlowOCF − Capex
$26.7M
$145.6M
FCF MarginFCF / Revenue
4.6%
28.1%
Capex IntensityCapex / Revenue
0.1%
0.1%
Cash ConversionOCF / Net Profit
4.60×
TTM Free Cash FlowTrailing 4 quarters
$18.6M
$125.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STEP
STEP
WWW
WWW
Q1 26
$146.2M
Q4 25
$27.2M
Q3 25
$16.2M
$33.0M
Q2 25
$46.3M
$44.6M
Q1 25
$-66.5M
$-83.8M
Q4 24
$27.6M
$82.4M
Q3 24
$53.7M
$108.2M
Q2 24
$50.2M
$26.7M
Free Cash Flow
STEP
STEP
WWW
WWW
Q1 26
$145.6M
Q4 25
$26.7M
Q3 25
$15.9M
$30.1M
Q2 25
$45.2M
$41.2M
Q1 25
$-69.2M
$-91.4M
Q4 24
$27.0M
$74.4M
Q3 24
$52.4M
$104.1M
Q2 24
$49.6M
$23.7M
FCF Margin
STEP
STEP
WWW
WWW
Q1 26
28.1%
Q4 25
4.6%
Q3 25
3.5%
6.4%
Q2 25
12.4%
8.7%
Q1 25
-18.3%
-22.2%
Q4 24
8.0%
15.0%
Q3 24
19.3%
23.6%
Q2 24
26.6%
5.6%
Capex Intensity
STEP
STEP
WWW
WWW
Q1 26
0.1%
Q4 25
0.1%
Q3 25
0.1%
0.6%
Q2 25
0.3%
0.7%
Q1 25
0.7%
1.8%
Q4 24
0.2%
1.6%
Q3 24
0.5%
0.9%
Q2 24
0.3%
0.7%
Cash Conversion
STEP
STEP
WWW
WWW
Q1 26
4.60×
Q4 25
Q3 25
1.31×
Q2 25
1.66×
Q1 25
-6.93×
Q4 24
3.57×
Q3 24
3.05×
4.66×
Q2 24
3.76×
1.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

WWW
WWW

Sales Channel Through Intermediary$230.2M44%
Sales Channel Directly To Consumer$142.6M28%
Work Group$134.0M26%
Other$10.7M2%

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