NASDAQ$STEP
StepStone Group LP · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported an increase in fee-earning AUM and adjusted net income.
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.
- Declared a dividend of $0.07 per share of Class A common stock
- Raised approximately $11 billion of new SMA capital in the last twelve months
- Achieved a NAV of approximately $150 million for Conversus StepStone Private Markets (“CPRIM”), posting a 45% net return since inception as of June 30, 2021
- Entered into a transaction agreement to acquire 100% of Greenspring Associates, Inc.
Headline financials
Revenue & EPS history
StepStone · Revenue · Quarterly
$309M
Revenue by segment
StepStone · $37.4M total across 2 segments · Q1 2022
- Focused commingled funds$24.2M+21.6%64.6%
- Advisory and other services$13.3M+3.0%35.4%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
+2.4%
Avg return
Earnings day
+2.4%
Avg return
5 days after
-2.1%
Avg return
30 days after
74%
17 / 23 earnings
Positive
+11.0%
Q4 2024
Best reaction
-7.0%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +5.4% | +1.2% | -13.0% | |
| Q3 2026 | +5.5% | +0.2% | -22.8% | |
| Q2 2026 | -1.6% | +0.9% | +1.0% | |
| Q1 2026 | +1.8% | +8.6% | +6.0% | |
| Q4 2025 | +3.5% | +6.3% | -6.5% | |
| Q3 2025 | +0.8% | -6.5% | -18.3% | |
| Q2 2025 | +2.9% | +2.9% | -8.9% | |
| Q1 2025 | +11.0% | +12.4% | +16.6% | |
| Q4 2024 | +11.0% | +18.3% | +15.9% | |
| Q3 2024 | +7.5% | +2.5% | -0.2% | |
| Q2 2024 | -7.0% | -9.3% | -12.4% | |
| Q1 2024 | +4.5% | +1.8% | +8.9% | |
| Q4 2023 | -5.1% | -2.8% | +3.5% | |
| Q3 2023 | -2.9% | -5.0% | -22.6% | |
| Q2 2023 | +1.0% | +0.3% | +2.6% | |
| Q1 2023 | -0.5% | -2.1% | -5.1% | |
| Q4 2022 | +2.2% | -0.2% | +2.4% | |
| Q3 2022 | +4.3% | +1.1% | -6.7% | |
| Q2 2022 | +4.7% | +11.7% | -8.6% | |
| Q1 2022 | -5.4% | -1.8% | -1.3% | |
| Q4 2021 | +4.8% | +8.0% | +21.7% | |
| Q3 2021 | +6.0% | +4.1% | -15.2% | |
| Q2 2021 | +1.5% | +3.6% | +14.3% | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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