StepStone Earnings Reports

StepStone delivered solid performance in Q4 2025, achieving $295.86 million in adjusted revenue and $80.6 million in adjusted net income. Growth in fee-earning AUM and realized performance fees supported a strong quarter despite a GAAP net income loss.

StepStone Group Inc. reported a substantial increase in total revenues for the third quarter of fiscal year 2025, reaching $339,023,000, up from a loss in the previous year. Despite this, the company reported a net loss of $287,163,000 for the quarter. Key business drivers like AUM and FEAUM also saw significant growth.

StepStone Group reported strong second quarter fiscal year 2025 results, with significant growth in management and advisory fees, total revenues, and fee-related earnings. The company's key business drivers, including assets under management and fee-earning AUM, also saw substantial increases.

StepStone Group reported strong Q1 2025 results with a 29% increase in adjusted management and advisory fees and a 45% increase in adjusted revenues.

StepStone Group reported strong Q4 2024 results, with significant growth in total revenues and assets under management. The company's strategic focus on customized investment solutions and advisory services drove positive financial outcomes.

StepStone Group reported mixed results for Q3 2024, with a GAAP net loss of $23.4 million, but adjusted net income (ANI) of $42.1 million. AUM increased to $149 billion, while AUA reached $510.5 billion.

StepStone Group reported results for the quarter ended September 30, 2023. StepStone was responsible for approximately $659 billion of total capital, including $146 billion of assets under management.

StepStone Group reported its Q1 fiscal year 2024 results, with total capital responsibility reaching approximately $640 billion, including $143 billion in assets under management.

StepStone Group reported mixed results for Q4 2023, with a decrease in total revenues and net income compared to the same quarter last year, but an increase in management and advisory fees.

StepStone Group reported a GAAP net loss of $13.6 million, with a net loss attributable to StepStone Group Inc. of $6.9 million, or $0.11 per share, for the quarter ended December 31, 2022. Adjusted revenues were $148.1 million, and fee-related earnings were $42.7 million.

StepStone Group reported a GAAP net loss of $67.1 million, with a net loss attributable to StepStone Group Inc. of $29.2 million, or $0.48 per share. Adjusted revenues were $150.6 million, and fee-related earnings were $39.0 million.

StepStone Group reported an increase in adjusted revenues and fee-earning AUM, driven by growth in separately managed accounts and focused commingled funds. The company declared a dividend of $0.20 per share of Class A common stock.

StepStone Group reported strong Q4 2022 results, driven by a 45% increase in fee-earning assets under management (FEAUM) and a 47% increase in management and advisory fees. Adjusted net income (ANI) per share increased by 52%, reflecting higher fee-related earnings and net realized performance fees. The company also declared a dividend of $0.20 per share of Class A common stock.

StepStone Group reported strong third quarter fiscal year 2022 results, with a 53% increase in FEAUM driving a 52% increase in management and advisory fees. Adjusted Net Income increased by 80% and the company declared a dividend of $0.15 per share.

StepStone Group reported strong growth in assets under management and advisement, driven by organic FEAUM growth and the acquisition of Greenspring Associates. Adjusted net income and adjusted revenues also increased significantly.

StepStone Group reported strong Q1 2022 results, driven by a 27% increase in fee-earning AUM, which led to a 23% rise in fee revenue. Adjusted net income per share increased by 156% due to higher fee-related earnings and net realized performance fees.

StepStone Group reported strong growth in AUM, FEAUM, and adjusted net income. The company declared a dividend of $0.07 per share and raised over $2 billion of new SMA capital.

StepStone Group reported strong third quarter fiscal 2021 results, with AUM increasing by 12% to $80.5 billion and fee-earning AUM increasing by 5% to $46.6 billion. The company also saw a 6% increase in management and advisory fee revenue and a 50% increase in adjusted net income.

StepStone Group reported strong second quarter results, with AUM increasing to $72.0 billion, FEAUM growing to $44.3 billion, and management and advisory fee revenue rising by 41%. The company also completed a successful IPO and closed SREP IV at $1.4 billion.