STEPSTONE GROUP INC. (STEP) FY2027 Q1 P&L / Income Statement

Revenue by Product and Service (7 categories)

2026-04-01 to 2026-06-30

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STEPSTONE GROUP INC. (STEP) FY2027 Q1 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service (7 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETFocused commingled fundsUndisclosed (calculated)SMAsAdvisory and other servicesIncome-based incentive feesFund reimbursement revenuesTotal revenuesOperating profit (calculated)Total expensesEquity-based compensationCash-based compensationUnrealizedLegacy Greenspring performance fee-related compensationRealizedGeneral, administrative and otherTotal other incomeLoss before income taxNet lossIncome tax benefitTotal other incomeTotal other income$4.56 MOperating profit (calculated)Operating profit(calculated)−$204.81 MTotal revenuesTotal revenues$378.89 MLoss before income taxLoss before income tax−$200.25 MNet lossNet loss−$170.37 MFocused commingled fundsFocused commingled funds$170.84 MUndisclosed (calculated)Undisclosed (calculated)$102.72 MTotal expensesTotal expenses$583.70 MIncome tax benefitIncome tax benefit−$29.88 MSMAsSMAs$75.28 MAdvisory and other servicesAdvisory and other services$19.45 MEquity-based compensationEquity-based compensation$317.28 MIncome-based incentive feesIncome-based incentive fees$7.00 MFund reimbursement revenuesFund reimbursement revenues$3.60 MCash-based compensationCash-based compensation$117.23 MUnrealizedUnrealized$44.69 MLegacy Greenspring performance fee-related compensationLegacy Greenspring performancefee-related compensation$37.17 MRealizedRealized$13.86 MGeneral, administrative and otherGeneral, administrative and other$53.47 M
Chart details

STEPSTONE GROUP INC. (STEP) FY2027 Q1 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service (7 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
378,889,000 US dollars
Total expenses
583,699,000 US dollars
Operating profit (calculated)
negative 204,810,000 US dollars
Total other income
4,560,000 US dollars
Loss before income tax
negative 200,250,000 US dollars
Income tax benefit
negative 29,884,000 US dollars
Net loss
negative 170,366,000 US dollars
Income-based incentive fees
7,000,000 US dollars
SMAs
0 US dollars
Focused commingled funds
0 US dollars
Focused commingled funds
170,841,000 US dollars
SMAs
75,278,000 US dollars
Advisory and other services
19,451,000 US dollars
Fund reimbursement revenues
3,601,000 US dollars
Undisclosed (calculated)
102,718,000 US dollars
Equity-based compensation
317,277,000 US dollars
Cash-based compensation
117,234,000 US dollars
Legacy Greenspring performance fee-related compensation
37,171,000 US dollars
Unrealized
44,686,000 US dollars
Realized
13,862,000 US dollars
General, administrative and other
53,469,000 US dollars

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
STEPSTONE GROUP INC. (STEP) FY2027 Q1 P&L / Income Statement Sankey chart, Product and service (7 categories) view
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Operating margin

−54.1%

Operating profit / revenue

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