← StepStone Group Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $89.9m | $179.9m | $116.4m | $102.6m | $181.6m | $289.3m | $1.1b | |
| Fees and accounts receivable | $25.1m | $32.1m | $34.1m | $44.5m | $56.8m | $80.9m | $133.3m | |
| Other assets and receivables | $25.5m | $24.7m | $27.4m | $44.1m | $62.4m | $80.6m | $142.9m | |
| Intangibles, net | $8.8m | $5.5m | $398.1m | $354.6m | $304.9m | $263.9m | $223.0m | |
| Goodwill | $6.8m | $6.8m | $580.5m | $580.5m | $580.5m | $580.5m | $580.5m | |
| Lease right-of-use assets, net | — | $0 | $61.1m | $101.1m | $97.8m | $91.8m | $81.6m | |
| Restricted cash | $0 | $4.0m | $1.1m | $955k | $718k | $502k | $579k | |
| Due from affiliates | $9.7m | $7.5m | $19.4m | $54.3m | $67.5m | $92.7m | $113.2m | |
| Investments in funds | $53.4m | $74.4m | $107.0m | $115.2m | $135.0m | $183.7m | $249.4m | |
| Deferred income tax assets | $732k | $89.4m | $27.9m | $44.4m | $184.5m | $382.9m | $614.8m | |
| Investments, at fair value | — | — | — | $30.6m | $131.9m | $415.0m | $715.3m | |
| Due to affiliates | $3.6m | $113.5m | $199.4m | $205.4m | $212.9m | $331.8m | $362.8m | |
| Lease liabilities | — | $0 | $71.0m | $121.2m | $119.7m | $113.5m | $103.6m | |
| Debt obligations | $143.1m | $0 | $62.9m | $98.4m | $148.8m | $269.3m | $1.2b | |
| Other liabilities | — | — | — | $566k | $1.6m | $17.6m | $25.2m | |
| Redeemable non-controlling interests in Consolidated Funds | — | — | $0 | $24.5m | $218.5m | $384.2m | $195.0m | |
| Non-controlling interests | $6.6m | $417.8m | $1.2b | $1.0b | $1.5b | $1.4b | $1.3b | |
| Total StepStone Group Inc. stockholders’ equity | — | $249,408,000.00 | $817,625,000.00 | $771,567,000.00 | $324,476,000.00 | $179,356,000.00 | ($413,559,000.00) | |
| Total stockholders’ equity | $20.8b | $659.7m | $1.8b | $1.6b | $1.7b | $1.4b | $691.0m | |
| Total assets | $680.8m | $1.3b | $4.2b | $3.5b | $3.8b | $4.6b | $6.8b | |
| Total liabilities and stockholders’ equity | $680.8m | $1.3b | $4.2b | $3.5b | $3.8b | $4.6b | $6.8b | |
| Accrued carried interest allocations | $460.8m | $896.5m | $1.5b | $1.2b | $1.4b | $1.5b | $2.0b | |
| Legacy Greenspring investments in funds and accrued carried interest allocations | — | $0 | $1.3b | $770.7m | $631.2m | $629.2m | $752.8m | |
| Accounts payable, accrued expenses and other liabilities | $36.2m | $47.7m | $80.5m | $89.4m | $127.4m | $89.7m | $102.7m | |
| Accrued compensation and benefits | $23.2m | $34.2m | $40.0m | $66.6m | $101.5m | $736.7m | $2.4b | |
| Accrued carried interest-related compensation | $237.7m | $465.6m | $770.0m | $644.5m | $719.5m | $758.0m | $1.1b | |
| Legacy Greenspring accrued carried interest-related compensation | — | $0 | $1.1b | $618.0m | $484.2m | $495.7m | $619.2m | |
| Total liabilities | $443.9m | $661.1m | $2.4b | $1.8b | $1.9b | $2.8b | $5.9b | |
| Common stock | — | $95k | $109k | $109k | $111k | $117k | $120k | |
| Additional paid-in capital | — | $188.8m | $587.2m | $610.6m | $310.3m | $421.1m | $482.1m | |
| Accumulated deficit | $0 | $60.4m | $229.6m | $160.4m | $13.8m | ($242.5m) | ($896.9m) | |
| Accumulated other comprehensive income | $178k | $155k | $658k | $461k | $304k | $728k | $1.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.