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STEP StepStone Group Inc.

Trailing twelve months to 2026-06-30 · as filed 2026-08-07, not restated
Financials

Scale

Market cap
$4.1bn
Revenue TTM
$2.0bn
Net income TTM
$-613m
Free cash flow
$-439m
Composite score
81.6
Sector rank
#1215

Valuation

P / E
EV / EBITDA
EV / sales
2.0
FCF yield
-10.73%
Earnings yield vs 10-yr
-19.70pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-30.5%
EBITDA margin
ROE
113.7%
ROIC
Revenue growth
48.5%

Insider activity, last 90 days

Net open-market
$-4.59m
Buyers
1
Sellers
1

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Approximately 50% of carried interest allocation revenue is awarded to employees as part of our long-term incentive compensation plan, fostering alignment of interest with our clients and investors, and retaining key investment professionals. However, none of the legacy Greenspring carried interest allocation revenue is attributable to the Company. Investment income will increase or decrease based on the earnings of the StepStone Funds, which are primarily driven by net realized and unrealized gains (losses) on the underlying investments held by the funds. …StepStone Group Inc., 10-Q, period ended 2026-06-30, filed 2026-08-07

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