StepStone Group (STEP) Revenue & Revenue Breakdown
StepStone Group Revenue Highlights
Latest Revenue (Y)
$710.60M
Latest Revenue (Q)
$357.83M
Main Segment (Y)
Management And Advisory Fees, Net
Main Geography (Y)
Non-US
StepStone Group Revenue by Period
StepStone Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $710.60M | -1151.59% |
| 2023-03-31 | $-67.57M | -104.95% |
| 2022-03-31 | $1.37B | 73.35% |
| 2021-03-31 | $787.72M | 76.38% |
| 2020-03-31 | $446.61M | 74.27% |
| 2019-03-31 | $256.27M | -3.03% |
| 2018-03-31 | $264.27M | - |
| 2017-03-31 | $264.27M | - |
StepStone Group generated $710.60M in revenue during NA 2024, up -1151.59% compared to the previous quarter, and up 277.29% compared to the same period a year ago.
StepStone Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $357.83M | -2548.90% |
| 2023-12-31 | $-14.61M | -107.63% |
| 2023-09-30 | $191.42M | 7.53% |
| 2023-06-30 | $178.01M | 3.27% |
| 2023-03-31 | $172.37M | -4170.22% |
| 2022-12-31 | $-4.24M | -97.33% |
| 2022-09-30 | $-158.50M | 105.26% |
| 2022-06-30 | $-77.22M | -121.17% |
| 2022-03-31 | $364.69M | -11.15% |
| 2021-12-31 | $410.46M | 45.68% |
| 2021-09-30 | $281.76M | -8.70% |
| 2021-06-30 | $308.61M | -14.05% |
| 2021-03-31 | $359.07M | 45.28% |
| 2020-12-31 | $247.15M | 1.74% |
| 2020-09-30 | $242.91M | -495.54% |
| 2020-06-30 | $-61.41M | -142.66% |
| 2020-03-31 | $143.94M | 102.13% |
| 2019-12-31 | $71.22M | -46.00% |
| 2019-09-30 | $131.87M | 32.43% |
| 2019-06-30 | $99.58M | - |
StepStone Group generated $357.83M in revenue during Q4 2024, up -2548.90% compared to the previous quarter, and up -8449.42% compared to the same period a year ago.
StepStone Group Revenue Breakdown
StepStone Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Mar 24 | Mar 22 | Mar 21 |
|---|---|---|---|
| Legacy Carried Interest Allocation | $-75.16M | $187.11M | - |
| Management And Advisory Fees, Net, Separately Managed Accounts | $223.96M | $174.32M | $135.78M |
| Management And Advisory Fees, Net, Fund Reimbursement Revenues | $5.20M | $1.69M | $238.00K |
| Management And Advisory Fees, Net, Focused Commingled Funds | $295.93M | $148.72M | $97.22M |
| Management And Advisory Fees, Net, Advisory And Other Services | $60.06M | $55.52M | $52.22M |
| Management And Advisory Fees, Net | $585.14M | $380.26M | $285.46M |
| Incentive Fees, Separately Managed Accounts | $16.29M | $11.44M | $5.45M |
| Incentive Fees, Focused Commingled Funds | $9.04M | $152.00K | $28.00K |
| Incentive Fees | $25.34M | $11.59M | $5.47M |
| Legacy Gross Carried Interest Allocation, Focused Commingled Funds | $59.70M | - | - |
| Legacy Carried Interest Allocation, Separately Managed Accounts | $1.03M | - | - |
| Legacy Carried Interest Allocation, Focused Commingled Funds | $-76.19M | $187.11M | - |
| Carried Interest Allocation, Separately Managed Accounts | $142.41M | $555.45M | $359.70M |
| Carried Interest Allocation, Focused Commingled Funds | $33.90M | $231.12M | $137.08M |
| Carried Interest Allocation | $176.31M | $786.57M | - |
StepStone Group's latest annual revenue breakdown by segment (product or service), as of Mar 24: Management And Advisory Fees, Net (39.46%), Management And Advisory Fees, Net, Focused Commingled Funds (19.96%), Management And Advisory Fees, Net, Separately Managed Accounts (15.10%), Carried Interest Allocation (11.89%), Carried Interest Allocation, Separately Managed Accounts (9.60%), Management And Advisory Fees, Net, Advisory And Other Services (4.05%), Legacy Gross Carried Interest Allocation, Focused Commingled Funds (4.03%), Carried Interest Allocation, Focused Commingled Funds (2.29%), Incentive Fees (1.71%), Incentive Fees, Separately Managed Accounts (1.10%), Incentive Fees, Focused Commingled Funds (0.61%), Management And Advisory Fees, Net, Fund Reimbursement Revenues (0.35%), Legacy Carried Interest Allocation, Separately Managed Accounts (0.07%), Legacy Carried Interest Allocation (-5.07%), and Legacy Carried Interest Allocation, Focused Commingled Funds (-5.14%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Management And Advisory Fees, Net, Advisory And Other Services | $14.77M | $16.15M | $16.07M | $13.74M | $14.10M | $13.93M | $13.79M | $12.98M | $14.86M | $15.03M | $12.38M | $13.26M | $12.31M | $13.44M | $13.60M |
| Management And Advisory Fees, Net | $178.01M | $291.52M | $151.49M | $142.12M | $128.75M | $119.12M | $116.73M | $112.23M | $106.38M | $83.58M | $78.06M | $76.22M | $70.09M | $75.65M | - |
| Incentive Fees, Separately Managed Accounts | $800.00K | $2.98M | $8.71M | $4.60M | $6.00K | $5.00K | $5.37M | - | $5.54M | - | $1.79M | $4.11M | $376.00K | $313.00K | $1.17M |
| Incentive Fees, Focused Commingled Funds | $41.00K | - | $9.19M | $345.00K | - | $2.98M | - | - | $52.00K | $27.00K | $3.00K | $70.00K | - | - | $28.00K |
| Incentive Fees | $841.00K | $2.50M | $17.89M | $4.95M | $6.00K | $2.98M | $5.37M | - | $5.59M | $27.00K | $1.80M | $4.18M | $376.00K | $313.00K | $1.20M |
| Legacy Gross Carried Interest Allocation, Focused Commingled Funds | $6.60M | $34.60M | $100.00K | $25.00M | $5.20M | $10.60M | $29.60M | $92.20M | $24.60M | - | - | - | - | - | - |
| Carried Interest Allocation | $16.63M | $233.65M | $-114.30M | $56.96M | $-47.05M | $-154.31M | $-40.34M | $164.73M | $199.09M | - | - | - | - | - | - |
| Carried Interest Allocation, Focused Commingled Funds | $19.44M | $43.33M | $-21.74M | $12.31M | $-604.00K | $-33.86M | $-2.22M | $45.56M | $65.43M | $66.56M | $53.57M | $81.18M | $39.79M | $38.84M | - |
| Carried Interest Allocation, Separately Managed Accounts | $-2.81M | $190.32M | $-92.55M | $44.64M | $-46.44M | $-120.45M | $-38.13M | $119.17M | $133.66M | $129.83M | $172.79M | $201.29M | $136.95M | $127.23M | - |
| Legacy Carried Interest Allocation | $-9.09M | $7.15M | $-69.70M | $-12.60M | $-88.92M | $-128.67M | $-153.61M | $82.15M | $104.96M | - | - | - | - | - | - |
| Legacy Carried Interest Allocation, Focused Commingled Funds | $-9.29M | $6.17M | $-69.66M | $-12.70M | $-88.92M | $-128.67M | $-153.61M | $82.15M | $104.96M | - | - | - | - | - | - |
| Legacy Carried Interest Allocation, Separately Managed Accounts | $199.00K | $971.00K | $-40.00K | $98.00K | - | - | - | - | - | - | - | - | - | - | - |
| Management And Advisory Fees, Net, Separately Managed Accounts | $57.38M | $55.95M | $55.84M | $56.43M | $55.74M | $53.52M | $52.18M | $50.46M | $47.18M | $44.02M | $42.51M | $40.60M | $40.75M | $33.08M | $31.23M |
| Management And Advisory Fees, Net, Fund Reimbursement Revenues | $1.44M | $1.15M | $1.16M | $1.63M | $1.26M | $632.00K | $1.60M | $546.00K | $636.00K | $811.00K | $193.00K | $51.00K | $171.00K | $5.00K | - |
| Management And Advisory Fees, Net, Focused Commingled Funds | $104.44M | $80.17M | $78.43M | $70.32M | $67.01M | $60.68M | $51.55M | $52.74M | $49.55M | $46.52M | $28.50M | $24.15M | $22.98M | $23.57M | $30.82M |
StepStone Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Management And Advisory Fees, Net (46.92%), Management And Advisory Fees, Net, Focused Commingled Funds (27.53%), Management And Advisory Fees, Net, Separately Managed Accounts (15.12%), Carried Interest Allocation, Focused Commingled Funds (5.12%), Carried Interest Allocation (4.38%), Management And Advisory Fees, Net, Advisory And Other Services (3.89%), Legacy Gross Carried Interest Allocation, Focused Commingled Funds (1.74%), Management And Advisory Fees, Net, Fund Reimbursement Revenues (0.38%), Incentive Fees (0.22%), Incentive Fees, Separately Managed Accounts (0.21%), Legacy Carried Interest Allocation, Separately Managed Accounts (0.05%), Incentive Fees, Focused Commingled Funds (0.01%), Carried Interest Allocation, Separately Managed Accounts (-0.74%), Legacy Carried Interest Allocation (-2.40%), and Legacy Carried Interest Allocation, Focused Commingled Funds (-2.45%).
StepStone Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Mar 24 | Mar 22 | Mar 21 |
|---|---|---|---|
| Non-US | $520.26M | $937.24M | $621.00M |
| UNITED STATES | $191.37M | $428.28M | $166.72M |
| Management And Advisory Fees, Net | - | $380.26M | - |
| Management And Advisory Fees, Net, Advisory And Other Services | - | $55.52M | - |
| Management And Advisory Fees, Net, Focused Commingled Funds | - | $148.72M | - |
| Management And Advisory Fees, Net, Fund Reimbursement Revenues | - | $1.69M | - |
| Management And Advisory Fees, Net, Separately Managed Accounts | - | $174.32M | - |
| Incentive Fees | - | $11.59M | - |
| Incentive Fees, Separately Managed Accounts | - | $11.44M | - |
| Legacy Carried Interest Allocation, Focused Commingled Funds | - | $187.11M | - |
| Legacy Carried Interest Allocation, Separately Managed Accounts | - | - | - |
| Carried Interest Allocation | - | $786.57M | - |
| Carried Interest Allocation, Focused Commingled Funds | - | $231.12M | - |
| Carried Interest Allocation, Separately Managed Accounts | - | $555.45M | - |
| Legacy Carried Interest Allocation | - | $187.11M | - |
| Incentive Fees, Focused Commingled Funds | - | $152.00K | - |
StepStone Group's latest annual revenue breakdown by geography, as of Mar 24: Non-US (73.11%), and UNITED STATES (26.89%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Sep 23 | Jun 23 | Dec 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-US | $114.64M | $242.94M | $144.40M | $132.92M | $20.65M | $29.73M | $218.77M | $239.74M | $220.78M | $257.95M | $289.13M | $202.33M | $196.36M |
| UNITED STATES | $71.76M | $99.26M | $47.02M | $45.09M | $-24.88M | $-106.95M | $145.92M | $170.73M | $60.98M | $50.66M | $69.94M | $44.82M | $46.55M |
StepStone Group's latest quarterly revenue breakdown by geography, as of Jun 24: Non-US (61.50%), and UNITED STATES (38.50%).
StepStone Group Peer Comparison by Revenue
STEP Revenue FAQ
What is StepStone Group’s yearly revenue?
StepStone Group's yearly revenue for 2024 was $710.6M, representing a decrease of -1151.59% compared to 2023. The company's yearly revenue for 2023 was $-67.574M, representing a decrease of -104.95% compared to 2022. STEP's yearly revenue for 2022 was $1.37B, representing an increase of 73.35% compared to 2021.
What is StepStone Group’s quarterly revenue?
StepStone Group's quarterly revenue for Q4 2024 was $357.83M, a -2548.90% decrease from the previous quarter (Q3 2024), and a 107.59% increase year-over-year (Q4 2023). The company's quarterly revenue for Q3 2024 was $-14.612M, a -107.63% decrease from the previous quarter (Q2 2024), and a 0% increase year-over-year (Q3 2023). STEP's quarterly revenue for Q2 2024 was $191.42M, a 7.53% increase from the previous quarter (Q1 2024), and a 0% increase year-over-year (Q2 2023).
What is StepStone Group’s revenue growth rate?
StepStone Group's revenue growth rate for the last 3 years (2022-2024) was -47.96%, and for the last 5 years (2020-2024) was 59.11%.
What are StepStone Group’s revenue streams?
StepStone Group's revenue streams in r 24 are Legacy Carried Interest Allocation, Management And Advisory Fees, Net, Separately Managed Accounts, Management And Advisory Fees, Net, Fund Reimbursement Revenues, Management And Advisory Fees, Net, Focused Commingled Funds, Management And Advisory Fees, Net, Advisory And Other Services, Management And Advisory Fees, Net, Incentive Fees, Separately Managed Accounts, Incentive Fees, Focused Commingled Funds, Incentive Fees, Legacy Gross Carried Interest Allocation, Focused Commingled Funds, Legacy Carried Interest Allocation, Separately Managed Accounts, Legacy Carried Interest Allocation, Focused Commingled Funds, Carried Interest Allocation, Separately Managed Accounts, Carried Interest Allocation, Focused Commingled Funds, and Carried Interest Allocation. Legacy Carried Interest Allocation generated $-75.157M in revenue, accounting -5.07% of the company's total revenue, down -140.17% year-over-year. Management And Advisory Fees, Net, Separately Managed Accounts generated $223.96M in revenue, accounting 15.10% of the company's total revenue, up 28.48% year-over-year. Management And Advisory Fees, Net, Fund Reimbursement Revenues generated $5.2M in revenue, accounting 0.35% of the company's total revenue, up 207.39% year-over-year. Management And Advisory Fees, Net, Focused Commingled Funds generated $295.93M in revenue, accounting 19.96% of the company's total revenue, up 98.98% year-over-year. Management And Advisory Fees, Net, Advisory And Other Services generated $60.06M in revenue, accounting 4.05% of the company's total revenue, up 8.17% year-over-year. Management And Advisory Fees, Net generated $585.14M in revenue, accounting 39.46% of the company's total revenue, up 53.88% year-over-year. Incentive Fees, Separately Managed Accounts generated $16.29M in revenue, accounting 1.10% of the company's total revenue, up 42.42% year-over-year. Incentive Fees, Focused Commingled Funds generated $9.04M in revenue, accounting 0.61% of the company's total revenue, up 5850.66% year-over-year. Incentive Fees generated $25.34M in revenue, accounting 1.71% of the company's total revenue, up 118.57% year-over-year. Legacy Gross Carried Interest Allocation, Focused Commingled Funds generated $59.7M in revenue, accounting 4.03% of the company's total revenue Legacy Carried Interest Allocation, Separately Managed Accounts generated $1.03M in revenue, accounting 0.07% of the company's total revenue Legacy Carried Interest Allocation, Focused Commingled Funds generated $-76.186M in revenue, accounting -5.14% of the company's total revenue, down -140.72% year-over-year. Carried Interest Allocation, Separately Managed Accounts generated $142.41M in revenue, accounting 9.60% of the company's total revenue, down -74.36% year-over-year. Carried Interest Allocation, Focused Commingled Funds generated $33.9M in revenue, accounting 2.29% of the company's total revenue, down -85.33% year-over-year. Carried Interest Allocation generated $176.31M in revenue, accounting 11.89% of the company's total revenue, down -77.59% year-over-year.
What is StepStone Group’s main source of revenue?
For the fiscal year ending Mar 24, the largest source of revenue of StepStone Group was Management And Advisory Fees, Net. This segment made a revenue of $585.14M, representing 39.46% of the company's total revenue.