8 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | $2.0B | -$743M | 0.0% | 0.0% | 179.7% | -11.0% | $64M | — | $1.1B |
| 2025 | $1.2B | -$173M | 0.0% | 0.0% | -96.4% | -3.8% | $60M | $269M | $290M |
| 2024 | $712M | $168M | 0.0% | 0.0% | 51.7% | 4.4% | $142M | $149M | $182M |
| 2023 | -$68M | -$45M | 0.0% | 0.0% | -5.9% | -1.3% | $146M | $98M | $130M |
| 2022 | $1.4B | $484M | 0.0% | 0.0% | 59.2% | 11.6% | $212M | $63M | $117M |
| 2021 | $788M | $63M | 0.0% | 0.0% | 25.1% | 4.7% | $148M | $0 | $184M |
| 2020 | $447M | $0 | 0.0% | 0.0% | — | 0.0% | $65M | $143M | $90M |
| 2019 | $256M | $0 | 0.0% | 0.0% | — | — | $48M | — | $41M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $379M | -$116M | 0.0% | 0.0% | 21.5% | -1.5% | -$458M | — | $703M |
| Mar '26 | $589M | -$8M | 0.0% | 0.0% | 1.9% | -0.1% | -$24M | — | $1.1B |
| Dec '25 | $587M | -$123M | 0.0% | 0.0% | 32.6% | -2.4% | $27M | $270M | $378M |
| Sep '25 | $454M | -$366M | 0.0% | 0.0% | 156.8% | -6.9% | $16M | $270M | $367M |
| Jun '25 | $364M | -$38M | 0.0% | 0.0% | -25.0% | -0.8% | $45M | $270M | $245M |
| Mar '25 | $378M | -$19M | 0.0% | 0.0% | -10.3% | -0.4% | -$69M | $269M | $290M |
| Dec '24 | $339M | -$192M | 0.0% | 0.0% | -91.5% | -4.4% | $27M | $169M | $280M |
| Sep '24 | $272M | $18M | 0.0% | 0.0% | 4.4% | 0.4% | $52M | $172M | $225M |
| Jun '24 | $186M | $13M | 0.0% | 0.0% | 3.6% | 0.3% | $50M | $172M | $196M |
| Mar '24 | $357M | $31M | 0.0% | 0.0% | 9.5% | 0.8% | $7M | $149M | $182M |
| Dec '23 | -$15M | -$20M | 0.0% | 0.0% | -2.7% | -0.6% | $21M | $124M | $174M |
| Sep '23 | $191M | $26M | 0.0% | 0.0% | 3.3% | 0.7% | $64M | $124M | $177M |
| Jun '23 | $178M | $21M | 0.0% | 0.0% | 2.8% | 0.6% | $50M | $98M | $128M |
| Mar '23 | $172M | $29M | 0.0% | 0.0% | 3.7% | 0.8% | -$3M | $98M | $130M |
| Dec '22 | -$4M | -$7M | 0.0% | 0.0% | -0.9% | -0.2% | $5M | $83M | $141M |
| Sep '22 | -$158M | -$29M | 0.0% | 0.0% | -3.8% | -0.8% | $86M | $63M | $144M |
| Jun '22 | -$77M | -$11M | 0.0% | 0.0% | -1.4% | -0.3% | $57M | $63M | $107M |
| Mar '22 | $365M | $42M | 0.0% | 0.0% | 5.1% | 1.0% | $32M | $63M | $117M |
| Dec '21 | $410M | $48M | 0.0% | 0.0% | 6.2% | 1.2% | $46M | $63M | $137M |
| Sep '21 | $282M | $62M | 0.0% | 0.0% | 9.1% | 1.6% | $60M | $113M | $176M |
How the market has priced STEP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Stepstone Group Inc.'s revenue has grown 20.4% per year. These are computed facts, not advice.
As of FY2026, Stepstone Group Inc. reported — of total debt against $1.1B of cash.
In FY2026, gross margin was —, operating margin —, and net margin -37.3%.
As of Sep '26, Stepstone Group Inc. traded at a price-to-earnings ratio of about 29.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.