StepStone Group Inc
NASDAQ:STEP
Income Statement
Earnings Waterfall
StepStone Group Inc
Income Statement
StepStone Group Inc
| Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||
| Interest Expense |
11
|
10
|
10
|
10
|
12
|
10
|
7
|
5
|
0
|
1
|
1
|
2
|
2
|
3
|
4
|
6
|
7
|
8
|
9
|
10
|
12
|
12
|
13
|
14
|
15
|
17
|
|
| Revenue |
350
N/A
|
351
+0%
|
451
+28%
|
289
-36%
|
400
+39%
|
578
+44%
|
793
+37%
|
1 165
+47%
|
1 205
+3%
|
1 368
+14%
|
1 374
+0%
|
988
-28%
|
547
-45%
|
131
-76%
|
(62)
N/A
|
192
N/A
|
541
+182%
|
533
-1%
|
718
+35%
|
727
+1%
|
808
+11%
|
1 160
+44%
|
1 183
+2%
|
1 360
+15%
|
1 544
+13%
|
1 791
+16%
|
|
| Gross Profit | |||||||||||||||||||||||||||
| Cost of Revenue |
(79)
|
(80)
|
(110)
|
(95)
|
(138)
|
(212)
|
(246)
|
(423)
|
(440)
|
(459)
|
(404)
|
(335)
|
(248)
|
(157)
|
(80)
|
(47)
|
(35)
|
(39)
|
(112)
|
(49)
|
(84)
|
(144)
|
(189)
|
(235)
|
(318)
|
(434)
|
|
| Gross Profit |
271
N/A
|
271
+0%
|
341
+26%
|
194
-43%
|
262
+35%
|
366
+40%
|
547
+50%
|
742
+36%
|
765
+3%
|
909
+19%
|
970
+7%
|
653
-33%
|
300
-54%
|
(26)
N/A
|
(142)
-454%
|
145
N/A
|
506
+250%
|
494
-2%
|
606
+23%
|
678
+12%
|
724
+7%
|
1 016
+40%
|
994
-2%
|
1 125
+13%
|
1 225
+9%
|
1 357
+11%
|
|
| Operating Income | |||||||||||||||||||||||||||
| Operating Expenses |
(164)
|
(163)
|
(185)
|
(118)
|
(123)
|
(135)
|
(214)
|
(226)
|
(248)
|
(386)
|
(509)
|
(336)
|
(149)
|
51
|
144
|
(75)
|
(322)
|
(332)
|
(428)
|
(519)
|
(564)
|
(1 183)
|
(1 253)
|
(1 491)
|
(2 364)
|
(2 357)
|
|
| Selling, General & Administrative |
(168)
|
(174)
|
(178)
|
(189)
|
(195)
|
(200)
|
(208)
|
(223)
|
(244)
|
(267)
|
(295)
|
(322)
|
(341)
|
(370)
|
(380)
|
(397)
|
(410)
|
(432)
|
(455)
|
(487)
|
(545)
|
(1 025)
|
(1 133)
|
(1 326)
|
(2 186)
|
(2 198)
|
|
| Depreciation & Amortization |
(6)
|
(5)
|
(7)
|
(5)
|
(4)
|
(3)
|
(6)
|
(3)
|
(4)
|
(14)
|
(27)
|
(35)
|
(44)
|
(44)
|
(48)
|
(43)
|
(43)
|
(43)
|
(48)
|
(42)
|
(42)
|
(42)
|
(46)
|
(41)
|
(41)
|
(41)
|
|
| Other Operating Expenses |
10
|
16
|
0
|
76
|
76
|
69
|
0
|
0
|
0
|
(105)
|
(187)
|
21
|
236
|
464
|
571
|
366
|
132
|
143
|
75
|
10
|
23
|
(117)
|
(74)
|
(123)
|
(136)
|
(118)
|
|
| Operating Income |
107
N/A
|
108
+2%
|
156
+44%
|
76
-51%
|
139
+82%
|
231
+67%
|
334
+44%
|
516
+55%
|
517
+0%
|
523
+1%
|
461
-12%
|
317
-31%
|
151
-52%
|
25
-83%
|
2
-91%
|
69
+2 913%
|
184
+166%
|
163
-12%
|
178
+10%
|
159
-11%
|
160
+1%
|
(168)
N/A
|
(259)
-54%
|
(365)
-41%
|
(1 138)
-212%
|
(1 001)
+12%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||
| Interest Income Expense |
(10)
|
(9)
|
(6)
|
(9)
|
(10)
|
(5)
|
4
|
14
|
21
|
40
|
50
|
33
|
7
|
(22)
|
(45)
|
(32)
|
(5)
|
2
|
15
|
32
|
20
|
33
|
69
|
95
|
134
|
145
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
(3)
|
(4)
|
2
|
2
|
3
|
4
|
(1)
|
0
|
(0)
|
4
|
2
|
2
|
4
|
(3)
|
(33)
|
(27)
|
(26)
|
(25)
|
|
| Pre-Tax Income |
97
N/A
|
99
+2%
|
149
+50%
|
66
-56%
|
128
+94%
|
227
+77%
|
338
+49%
|
530
+57%
|
534
+1%
|
560
+5%
|
513
-8%
|
351
-31%
|
163
-54%
|
7
-96%
|
(42)
N/A
|
37
N/A
|
178
+386%
|
168
-6%
|
195
+16%
|
192
-2%
|
183
-5%
|
(137)
N/A
|
(222)
-62%
|
(297)
-34%
|
(1 031)
-247%
|
(881)
+15%
|
|
| Net Income | |||||||||||||||||||||||||||
| Tax Provision |
(3)
|
(3)
|
(4)
|
(5)
|
(4)
|
(13)
|
(23)
|
(37)
|
(22)
|
(28)
|
(28)
|
(15)
|
(22)
|
(5)
|
(4)
|
(11)
|
(26)
|
(26)
|
(28)
|
(26)
|
(23)
|
34
|
49
|
64
|
169
|
144
|
|
| Income from Continuing Operations |
95
|
96
|
145
|
61
|
123
|
214
|
315
|
494
|
513
|
532
|
484
|
336
|
141
|
1
|
(45)
|
26
|
152
|
142
|
168
|
166
|
160
|
(103)
|
(173)
|
(233)
|
(862)
|
(737)
|
|
| Income to Minority Interest |
(63)
|
(66)
|
(145)
|
(90)
|
(197)
|
(274)
|
(252)
|
(389)
|
(346)
|
(342)
|
(290)
|
(195)
|
(92)
|
(7)
|
27
|
(12)
|
(83)
|
(86)
|
(110)
|
(116)
|
(119)
|
(27)
|
(7)
|
2
|
246
|
190
|
|
| Net Income (Common) |
31
N/A
|
31
-2%
|
0
N/A
|
(28)
N/A
|
(74)
-159%
|
(60)
+18%
|
63
N/A
|
104
+67%
|
167
+60%
|
190
+14%
|
194
+2%
|
141
-27%
|
50
-65%
|
(5)
N/A
|
(18)
-247%
|
14
N/A
|
69
+396%
|
56
-19%
|
58
+4%
|
50
-14%
|
42
-17%
|
(130)
N/A
|
(180)
-38%
|
(231)
-29%
|
(615)
-166%
|
(547)
+11%
|
|
| EPS (Diluted) |
1.18
N/A
|
1.15
-3%
|
0
N/A
|
-1.07
N/A
|
-2.52
-136%
|
-1.83
+27%
|
1.88
N/A
|
2.43
+29%
|
3.64
+50%
|
3.08
-15%
|
3.62
+18%
|
2.31
-36%
|
0.81
-65%
|
-0.08
N/A
|
-0.3
-275%
|
0.21
N/A
|
1.04
+395%
|
0.87
-16%
|
0.87
N/A
|
0.73
-16%
|
0.59
-19%
|
-1.76
N/A
|
-2.52
-43%
|
-2.97
-18%
|
-7.82
-163%
|
-6.87
+12%
|
|