NASDAQ$STEP

StepStone Group LP · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

STEP Q1 2026 — $113.3M revenue, 30.00 EPS

StepStone Funds is not indicative of the possible performance of shares of our Class A common stock and also is not necessarily indicative of the future results of the StepStone Funds, even if fund in. StepStone Group LP reported Q1 2026 results. Diluted EPS came in at $30.00. Net income of $27.1M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $113.3M.
  • Diluted EPS: $30.00.
  • Net income: $27.1M.

Headline financials

Total Revenue

$364M

Previous: $186M+95.4%
EPS

-$0.49

Previous: $0.20-345.0%
Capital Expenditures

-$1.1M

Previous: -$575K-90.4%
Free Cash Flow

$45.2M

Previous: $49.6M-8.9%
Net Income

-$38.4M

Previous: $13.3M-388.3%
Operating Income

$311M

Previous: $135M+130.7%
Gross Profit

$364M

Previous: $186M+95.4%
Total Assets

$4.78B

Previous: $3.83B+24.7%

Revenue & EPS history

StepStone · Revenue · Quarterly

$364M

Q1 2026+95.4%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

StepStone · $260M total across 4 segments · Q4 2026

  • Focused commingled funds
    $161M
  • Separately managed accounts
    $76.3M
  • Advisory and other services
    $20M
  • Fund reimbursement revenues
    $3.18M

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 2026

Historical avgQ1 2026

+2.4%

Avg return

Earnings day

+2.5%

Avg return

5 days after

-1.6%

Avg return

30 days after

74%

17 / 23 earnings

Positive

+11.0%

Q4 2024

Best reaction

-7.0%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+4.0%
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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