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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›STEP›Financials
Annual statements · SEC XBRL · FY2019 – FY2026

StepStone Group Inc. (STEP) financials

Income statement

StepStone Group Inc. (STEP) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue$256M$447M$788M$1.37B-$67.6M$712M$1.17B$1.99B
Revenue growth—74.3%76.4%73.4%-104.9%1153.1%65.1%69.7%
Net income$0.00$0.00$62.6M$194M-$18.4M$58.1M-$180M-$536M
Net margin0.0%0.0%8.0%14.2%27.2%8.2%-15.3%-26.9%
EPS (diluted)——$2.06$3.84-$0.30$0.91-$2.52-$6.78

Cash flow

StepStone Group Inc. (STEP) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow$51.5M$65.9M$149M$214M$151M$162M$64.9M$66.5M
Capital expenditures$3.04M$837K$1.26M$2.10M$5.63M$19.6M$5.10M$2.62M
Free cash flow$48.4M$65.1M$148M$212M$146M$142M$59.8M$63.9M
Share buybacks—————$0.00$0.00$8.71M
Dividends paid$0.00$0.00$2.05M$23.9M$50.0M$68.5M$75.8M$118M

Balance sheet

StepStone Group Inc. (STEP) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash & equivalents$40.6M$89.9M$184M$117M$130M$182M$290M$1.12B
Total assets—$681M$1.32B$4.19B$3.50B$3.79B$4.59B$6.76B
Total liabilities—$444M$661M$2.36B$1.84B$1.92B$2.81B$5.88B
Long-term debt—$143M$0.00$62.9M$98.4M$149M$269M—
Shareholders' equity——$249M$818M$772M$324M$179M-$414M
Retained earnings—$0.00$60.4M$230M$160M$13.8M-$243M-$897M
Shares (wtd avg diluted)——33.3M53.6M61.9M66.5M71.1M79.0M

Every figure is extracted from StepStone Group Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is StepStone Group Inc.'s annual revenue?
StepStone Group Inc. (STEP) reported $1.99B of revenue for fiscal year 2026 — up 69.7% from $1.17B in FY2025, per its annual report filed with the SEC.
Is StepStone Group Inc. profitable?
Not in FY2026 — STEP reported a net loss of $536M, per SEC filings.
What is StepStone Group Inc.'s free cash flow?
$63.9M in FY2026 (operating cash flow $66.5M minus $2.62M of capital expenditures), from the SEC cash-flow statement.
Does STEP pay a dividend?
Yes — StepStone Group Inc. paid $118M in cash dividends during FY2026, per its SEC cash-flow statement.
Full STEP analysis — verdict, score & filings →Is STEP a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.