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StepStone Group Inc. STEP State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

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Equitable HoldingsEQH
6%+4.8pp

Other financials

Income statement

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Revenue$588.6M+55.8%
Net income-$7.8M+57.9%
EPS (diluted)-$0.06+70.0%

Balance sheet

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Cash & equivalents$378.0M+35.2%
Total debt$103.6M-72.9%
Total equity-$413.6M-331%
Total assets$6.8B+47.4%

Cash flow

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Operating cash flow$27.2M-1.5%
CapEx$762.0K-71.4%
Free cash flow$26.7M-1.1%

Valuation

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Market cap$3.51B-3.5%

Profitability

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Net margin-26.9%+84.4pp
FCF margin11.8%

Returns & leverage

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Return on equity-88.8%-97.7pp
Debt / equity2.5×+1.7×

Where this comes from

Reported directly by StepStone Group Inc. in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: StepStone Group Inc.’s 10-K, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is StepStone Group Inc.'s state income taxes – net of federal income tax benefit?
StepStone Group Inc. (STEP) reported state income taxes – net of federal income tax benefit of 1.5% in Q1 2026.
How has StepStone Group Inc.'s state income taxes – net of federal income tax benefit changed year-over-year?
StepStone Group Inc.'s state income taxes – net of federal income tax benefit increased by 150.0% year-over-year, from 0.6% to 1.5%.
What does state income taxes – net of federal income tax benefit mean?
Represents the net impact of state and local income taxes after accounting for the federal tax deduction benefit. This metric reflects the actual incremental tax cost of operating in various states. It helps investors assess the efficiency of the company's tax footprint across different domestic jurisdictions.