StepStone Group Inc.

STEP

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

3/31/2025

Revenue
1,175
Cost of Revenue
1,264
Gross Profit
-89
Gross Margin
-7.6%
Operating Income
-251
Operating Margin
-21.3%
Net Income
-180
Net Margin
-15.3%
EPS (Basic)
$-2.52
EPS (Diluted)
$-2.52
EBITDA
-205
EBITDA Margin
-17.5%

2024

3/31/2024

Revenue
712
Cost of Revenue
373
Gross Profit
339
Gross Margin
47.6%
Operating Income
202
Operating Margin
28.4%
Net Income
58
Net Margin
8.2%
EPS (Basic)
$0.92
EPS (Diluted)
$0.91
EBITDA
250
EBITDA Margin
35.1%

2023

3/31/2023

Revenue
-68
Cost of Revenue
-239
Gross Profit
172
Gross Margin
-253.9%
Operating Income
-36
Operating Margin
53.0%
Net Income
-18
Net Margin
27.2%
EPS (Basic)
$-0.30
EPS (Diluted)
$-0.30
EBITDA
12
EBITDA Margin
-17.2%

2022

3/31/2022

Revenue
1,366
Cost of Revenue
803
Gross Profit
563
Gross Margin
41.2%
Operating Income
452
Operating Margin
33.1%
Net Income
194
Net Margin
14.2%
EPS (Basic)
$3.89
EPS (Diluted)
$3.84
EBITDA
538
EBITDA Margin
39.4%

2021

3/31/2021

Revenue
788
Cost of Revenue
403
Gross Profit
385
Gross Margin
48.8%
Operating Income
328
Operating Margin
41.7%
Net Income
63
Net Margin
8.0%
EPS (Basic)
$2.11
EPS (Diluted)
$2.06
EBITDA
334
EBITDA Margin
42.4%