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StepStone revenue rises 70% to $1.99 billion in FY26; net loss widens to $743.28 million

PUBT·05/27/2026 20:04:54
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StepStone revenue rises 70% to $1.99 billion in FY26; net loss widens to $743.28 million
  • StepStone reported fiscal 2026 net loss attributable to shareholders of USD 535.81 million, swinging from a loss of USD 179.56 million in fiscal 2025.
  • Revenue climbed 70% to USD 1.99 billion, driven by performance fees of USD 1.07 billion, more than doubled from fiscal 2025.
  • Management and advisory fees, net rose 21% to USD 926.47 million; incentive fees rose to USD 220.13 million from USD 32.28 million.
  • Carried interest allocations more than doubled to USD 708.29 million, led by USD 539.71 million of unrealized carried interest allocations.
  • Fee-earning AUM increased 19% to USD 144.05 billion; undeployed fee-earning capital totaled USD 40.1 billion as of March 31, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. StepStone Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-038446), on May 27, 2026, and is solely responsible for the information contained therein.