StepStone Group Inc. (STEP)
StepStone Group Inc. brought in $2.3B of revenue over the twelve months to September 30, 2026, up 51.6% from a year earlier. It posted a net loss of $318.3M. Operating cash flow minus capital spending left $63.9M of free cash flow in fiscal 2026. At September 30, 2026 it held $802.5M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 9, 2026.
Key facts about StepStone Group Inc.
- Net worth
- StepStone Group Inc. has a market value (market cap) of $5.9B at the latest share price, and shareholders' equity of -$637.6M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $2B (+69.7% year on year), with a net loss of $535.8M. Over the 12 months to September 30, 2026: revenue $2.3B, net loss $318.3M.
- Cash flow
- In fiscal 2026 operations brought in $66.5M of cash; after $2.6M of capital spending, free cash flow was $63.9M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 9, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- StepStone Group Inc.'s next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- StepStone Group Inc. declared dividends of $1.48 per share in fiscal 2026, a yield of 3.01% at the current price.
What StepStone Group Inc. does
StepStone Group Inc. is registered with the SEC under industry code SIC 6282 (Investment Advice). Its shares trade on NASDAQ under the ticker STEP.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $2B | -$535.8M | -$6.78 | $63.9M |
| 2025 | $1.2B | -$179.6M | -$2.52 | $59.8M |
| 2024 | $711.6M | $58.1M | $0.91 | $141.9M |
| 2023 | -$67.6M | -$18.4M | -$0.30 | $145.6M |
| 2022 | $1.4B | $193.9M | $3.84 | $212.2M |
| 2021 | $787.7M | $62.6M | $2.06 | $148M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where STEP ranks in Finance
Dividends
StepStone Group Inc. declared $1.48 per share in fiscal 2026. At the current price that is a yield of 3.01%. It paid out $117.8M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2026 | $1.48 | $117.8M | n/a |
| 2025 | $1.08 | $75.8M | n/a |
| 2024 | $1.08 | $68.5M | 118% |
| 2023 | $0.80 | $50M | n/a |
| 2022 | $0.44 | $23.9M | 12% |
| 2021 | $0.07 | $2M | 3% |
Latest SEC filings
What StepStone Group Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Passive stake changed SCHEDULE 13G/A
- November 9, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 70% to $773.1M versus the same quarter last year; diluted EPS -$0.87 versus -$4.66.
- November 5, 2026
- September 8, 2026
- August 7, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 4% to $378.9M versus the same quarter last year; diluted EPS -$1.41 versus -$0.49.
- August 6, 2026
- July 31, 2026Passive stake changed SCHEDULE 13G/A
- July 21, 2026
- July 21, 2026Additional proxy material DEFA14A
- July 21, 2026Proxy statement DEF 14A
What is STEP worth? A DCF from its reported cash flow
Insider trades
What the people running StepStone Group Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 5 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 30, 2026 | Park David YChief Financial Officer | Received as pay | 70 | $2.6K |
| September 8, 2026 | Hoffmeister David FDirector | Received as pay | 5,616 | $285K |
| September 8, 2026 | Mitchell Steven RDirector | Received as pay | 4,828 | $245K |
| September 8, 2026 | Raymond Anne LDirector | Received as pay | 5,124 | $260K |
| September 8, 2026 | Brown Valerie GayDirector | Received as pay | 5,518 | $280K |
| June 11, 2026 | McCabe Michael IHead of Strategy, Director | Bought | 96,887 | $4M |
| June 11, 2026 | McCabe Michael IHead of Strategy, Director | Bought | 23,113 | $980.9K |
| June 3, 2026 | Fernandez Jose ACo-Chief Operating Officer, Director | Soldpre-planned (10b5-1), indirect | 2,290 | $97.6K |
Who owns STEP
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Monte M. Brem13D, may seek influence with 5 related filers | 38.5% | June 6, 2025 |
| Wellington Management Group LLP13G, passive with 3 related filers | 7.3% | November 12, 2025 |
| Jose A. Fernandez13D, may seek influence | 6% | September 18, 2025 |
| Vanguard Portfolio Management13G, passive | 5.67% | April 29, 2026 |
| T. Rowe Price Associates, Inc.13G, passive | 5.6% | November 14, 2025 |
| Thomas Keck13D, may seek influence | 5.2% | September 18, 2025 |
| Vanguard Capital Management13G, passive | 5.1% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 273 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 11,972,263 | +145,075 |
| Millennium Management LLC | 5,619,498 | -1,553,926 |
| Wellington Management Group Llp | 5,189,963 | -50,110 |
| Vanguard Portfolio Management LLC | 4,674,073 | +189,138 |
| Vanguard Capital Management LLC | 3,550,308 | +24,352 |
| State Street Corp | 3,117,991 | +248,229 |
| Capital World Investors | 2,524,018 | -747,507 |
| Geode Capital Management, LLC | 2,016,372 | +65,013 |
| William Blair Investment Management, LLC | 1,930,015 | +15,538 |
| Westfield Capital Management Co LP | 1,729,424 | +551,453 |
| Jpmorgan Chase & Co | 1,520,835 | +40,951 |
| Goldman Sachs Group Inc | 1,428,505 | +844,894 |
| Adage Capital Partners GP, L.L.C. | 1,391,217 | +67,974 |
| Samlyn Capital, LLC | 1,269,100 | +373,655 |
| Capital Research Global Investors | 1,231,923 | +437,040 |
| Balyasny Asset Management L.P. | 1,113,093 | -312,806 |
| Morgan Stanley | 1,084,346 | +337,299 |
| Junto Capital Management LP | 1,078,672 | +222,950 |
| Point72 Asset Management, L.P. | 1,004,669 | +817,601 |
| Wasatch Advisors LP | 905,245 | -16,475 |
Insiders
11 insiders reported holding 3,876,301 shares in total, about $190.6M at the last price.
| Holder | Shares |
|---|---|
| Fernandez Jose ACo-Chief Operating Officer, Director | 3,035,4293,016,601 held indirectly |
| McCabe Michael IHead of Strategy, Director | 555,387122,209 held indirectly |
| Hart Scott WChief Executive Officer, Director | 78,605 |
| Park David YChief Financial Officer | 50,775 |
| Ment Jason PPresident & Co-COO | 49,680 |
| Raymond Anne LDirector | 32,361 |
| Keck ThomasDirector | 21,118 |
| Hoffmeister David FDirector | 19,550 |
| Mitchell Steven RDirector | 17,621 |
| Brown Valerie GayDirector | 12,235 |
Questions about STEP
What does StepStone Group Inc. do?
StepStone Group Inc. is a company in the Finance sector, listed on NASDAQ as STEP. Its shares trade on NASDAQ under the ticker STEP.
What is StepStone Group Inc.'s net worth?
StepStone Group Inc. has a market value (market cap) of $5.9B at the latest share price, and shareholders' equity of -$637.6M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is StepStone Group Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $318.3M on revenue of $2.3B.
How much revenue does StepStone Group Inc. make?
Over the twelve months to September 30, 2026 StepStone Group Inc. reported revenue of $2.3B. That is 51.6% more than a year earlier.
When did StepStone Group Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 9, 2026. It covers the period to September 30, 2026.
When is StepStone Group Inc.'s next earnings report?
StepStone Group Inc.'s next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does StepStone Group Inc. pay a dividend?
Yes. StepStone Group Inc. declared dividends of $1.48 per share in fiscal 2026, a yield of 3.01% at the current price.
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Where the numbers come from
Financial figures are the values StepStone Group Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.