The Tip Desk

StepStone Group Inc.

Company Stats

Market Cap
$5.2B
as of Sep 30, 2026
Shares Outstanding
120.7M
Free Float
51.5%

Income Statement

Revenue
$2.0B
Net Income
-$535.8M
FCF Margin, 3Y Avg
9.4%
FCF Margin, Worst Year
3.2%

Cash Flow

Free Cash Flow
$63.9M
FCF Yield
1.2%
Owner FCF Yield
-29.7%

Balance Sheet

Total Debt
$275.0M

Returns & Capital

Dividends Paid
$117.8M
Dividend Yield
2.2%
Share Repurchases
$8.7M
Buyback Yield, 3Y Avg
0.1%
SBC, 3Y Avg
$769.0M

Cash Flow by Year

YearRevenueFCFMargin
FY2026$2.0B$63.9M3.2%
FY2025$1.2B$59.8M5.1%
FY2024$711.6M$141.9M19.9%
FY2023-$67.6M$145.6M—
FY2022$1.4B$212.2M15.5%

Annual filing data through FY ended March 31, 2026; shares and float as of October 14, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage