# StepStone Group Inc.: overview

STEP · Nasdaq · CIK 1796022 · [Financials](/sectors/financials.md) · fiscal year ends Mar 31

Pages: [Overview](/companies/step.md) · [Financials](/companies/step/financials.md) · [Filings](/companies/step/filings.md) · [Insiders](/companies/step/insiders.md)

Latest reported revenue: [$378.9m](/filings/0001628280-26-054818.md) for Q1 FY2027, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:Revenues, accession 0001628280-26-054818).

## Last eight quarters

| Line item | Unit | Q2 FY2025 (2024-09-30) | Q3 FY2025 (2024-12-31) | Q4 FY2025 (2025-03-31) | Q1 FY2026 (2025-06-30) | Q2 FY2026 (2025-09-30) | Q3 FY2026 (2025-12-31) | Q4 FY2026 (2026-03-31) | Q1 FY2027 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [272](/filings/0001628280-25-050217.md) | [339](/filings/0001628280-26-005769.md) | [378 d](/filings/0001628280-26-038446.md) | [364](/filings/0001628280-26-054818.md) | [454](/filings/0001628280-25-050217.md) | [587](/filings/0001628280-26-005769.md) | [589 d](/filings/0001628280-26-038446.md) | [379](/filings/0001628280-26-054818.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [6.5%](/filings/0001628280-25-050217.md) | [(56.6%)](/filings/0001628280-26-005769.md) | [(4.9%) d](/filings/0001628280-26-038446.md) | [(10.5%)](/filings/0001628280-26-054818.md) | [(80.6%)](/filings/0001628280-25-050217.md) | [(21.0%)](/filings/0001628280-26-005769.md) | [(1.3%) d](/filings/0001628280-26-038446.md) | [(30.6%)](/filings/0001628280-26-054818.md) |
| Diluted EPS | $ per share | [0.26](/filings/0001628280-25-050217.md) | [(2.61)](/filings/0001628280-26-005769.md) | not reported | [(0.49)](/filings/0001628280-26-054818.md) | [(4.66)](/filings/0001628280-25-050217.md) | [(1.55)](/filings/0001628280-26-005769.md) | not reported | [(1.41)](/filings/0001628280-26-054818.md) |
| Free cash flow | $m | [52.4 d](/filings/0001628280-25-050217.md) | [27.0 d](/filings/0001628280-26-005769.md) | [(69.2) d](/filings/0001628280-26-038446.md) | [45.2](/filings/0001628280-26-054818.md) | [15.9 d](/filings/0001628280-25-050217.md) | [26.7 d](/filings/0001628280-26-005769.md) | [(24.0) d](/filings/0001628280-26-038446.md) | [(458)](/filings/0001628280-26-054818.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2022 (2022-03-31) | FY2023 (2023-03-31) | FY2024 (2024-03-31) | FY2025 (2025-03-31) | FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,366](/filings/0001796022-24-000041.md) | [(67.6)](/filings/0001796022-25-000041.md) | [712](/filings/0001628280-26-038446.md) | [1,175](/filings/0001628280-26-038446.md) | [1,994](/filings/0001628280-26-038446.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [14.2%](/filings/0001796022-24-000041.md) | [27.2%](/filings/0001796022-25-000041.md) | [8.2%](/filings/0001628280-26-038446.md) | [(15.3%)](/filings/0001628280-26-038446.md) | [(26.9%)](/filings/0001628280-26-038446.md) |
| Diluted EPS | $ per share | [3.84](/filings/0001796022-24-000041.md) | [(0.30)](/filings/0001796022-25-000041.md) | [0.91](/filings/0001628280-26-038446.md) | [(2.52)](/filings/0001628280-26-038446.md) | [(6.78)](/filings/0001628280-26-038446.md) |
| Free cash flow | $m | [212](/filings/0001796022-24-000041.md) | [146](/filings/0001796022-25-000041.md) | [142](/filings/0001628280-26-038446.md) | [59.8](/filings/0001628280-26-038446.md) | [63.9](/filings/0001628280-26-038446.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/step/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $495.2m | 11,972,263 |  | Added +145,075 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $232.4m | 5,619,498 |  | Reduced −1,553,926 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $214.7m | 5,189,963 |  | Reduced −50,110 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $193.3m | 4,674,073 |  | Added +189,138 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $146.8m | 3,550,308 |  | Added +24,352 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $129.0m | 3,117,991 |  | Added +248,229 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $104.4m | 2,524,018 |  | Reduced −747,507 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $83.4m | 2,016,372 |  | Added +65,013 |
| [WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC](/funds/1644956.md) | 2026-06-30 | $79.8m | 1,930,015 |  | Added +15,538 |
| [WESTFIELD CAPITAL MANAGEMENT CO LP](/funds/1177719.md) | 2026-06-30 | $71.5m | 1,729,424 |  | Added +551,453 |

## Recent filings

[All 482 filings](/companies/step/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-08 | 20:48 ET | [8-K](/filings/0001796022-26-000006.md) | 5.07 Shareholder vote results | 0001796022-26-000006 |
| 2026-08-07 | 20:02 ET | [10-Q](/filings/0001628280-26-054818.md) | Quarterly report, period 2026-06-30 | 0001628280-26-054818 |
| 2026-08-06 | 20:08 ET | [8-K](/filings/0001628280-26-054289.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-054289 |
| 2026-07-21 | 20:07 ET | [DEF 14A](/filings/0001193125-26-310296.md) | Proxy statement, period 2026-09-08 | 0001193125-26-310296 |
| 2026-06-01 | 20:55 ET | [8-K](/filings/0001796022-26-000002.md) | 3.02 Unregistered sale of equity; 8.01 Other events | 0001796022-26-000002 |
| 2026-05-27 | 20:02 ET | [10-K](/filings/0001628280-26-038446.md) | Annual report, period 2026-03-31 | 0001628280-26-038446 |
| 2026-05-20 | 20:07 ET | [8-K](/filings/0001628280-26-036882.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-036882 |
| 2026-02-05 | 21:09 ET | [10-Q](/filings/0001628280-26-005769.md) | Quarterly report, period 2025-12-31 | 0001628280-26-005769 |
| 2026-02-05 | 21:06 ET | [8-K](/filings/0001628280-26-005761.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-005761 |
| 2026-01-14 | 02:00 ET | [SCHEDULE 13D/A](/filings/0001193125-26-013347.md) | Ownership report, active investor, amended | 0001193125-26-013347 |

## Latest annual report

[Form 10-K for the fiscal year ended Mar 31, 2026](/filings/0001628280-26-038446.md), filed May 27, 2026.

## Forecast league

Q2 FY2027, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/7f7228e4-ae94-4952-9638-3458fb1cdcff)

## About the filer

- CIK: 1796022
- Tickers: STEP
- Exchange: Nasdaq
- SIC code: 6282 Investment Advice
- State of incorporation: not reported
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:48 ET. No prices; not investment advice.