Skip to content
Screener

StepStone Group Inc. STEP Initial consolidation of Consolidated Funds

Initial consolidation of Consolidated Funds at other companies

The Carlyle Group logo
The Carlyle GroupCG
$759.1M
The Carlyle Group logo
The Carlyle GroupCG
$759.1M
Blackstone logo
BlackstoneBX
$7.34M-49.1%
Voya Financial logo
Voya FinancialVOYA
$10-9.1%
Voya Financial logo
Voya FinancialVOYA
10-9.1%
Great Elm Group, Inc. logo
Great Elm Group, Inc.GEG
$177K+832%

Other financials

Income statement

See full
Revenue$378.9M+4.0%
Net income-$115.8M-201%
EPS (diluted)-$1.41-188%

Balance sheet

See full
Cash & equivalents$703.1M+187%
Total debt$391.5M+2.5%
Total equity-$539.2M-450%
Total assets$7.8B+62.4%

Cash flow

See full
Operating cash flow-$457.5M-1,089%
CapEx$549.0K-49.9%
Free cash flow-$458.1M-1,114%

Valuation

See full
Market cap$3.82B-16.9%
Enterprise value$3.51B-25.9%
P/S1.9×-1.5×

Profitability

See full
Net margin-30.5%+112pp
FCF margin11.8%

Returns & leverage

See full
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 step:NoncontrollingInterestIncreaseFromInitialConsolidationOfConsolidatedFunds.

The source filing: StepStone Group Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-054818
Line itemClass A Common StockClass B Common StockAdditional Paid-in CapitalAccumulated DeficitAccumulated Other Comprehensive IncomeNon-Controlling Interests in SubsidiariesNon-Controlling Interests in Legacy Greenspring EntitiesNon-Controlling Interests in the PartnershipTotal Stockholders’ Equity
Exchange of Class B, Class C and Class D units for Class A common stock and redemption of corresponding Class B common stock1(1)(1)(1)
Purchase of non-controlling interests(6,236)(3,353)(9,589)
Class A common stock issued for purchase of asset class non-controlling interests1(1)
Repurchases of Class A common stock(1)(12,663)(6,557)(19,221)
Initial consolidation of Consolidated Funds731,588731,588
Equity reallocation between controlling and non-controlling interests80,875104(118,983)38,004
Deferred tax effect resulting from equity transactions affecting ownership in the Partnership(1)(6,734)(6,734)
Balance at June 30, 2026$82$38$541,815$(1,082,511)$1,376$1,867,651$127,812$(485,734)$970,529

Item 1. Financial Statements

FAQ

What is StepStone Group Inc.'s initial consolidation of consolidated funds?
StepStone Group Inc. (STEP) reported initial consolidation of consolidated funds of $731.59M in Q2 2026.
What does initial consolidation of consolidated funds mean?
The increase in noncontrolling interest equity resulting from the initial consolidation of investment funds or entities into the company's financial statements. This captures the portion of net assets in consolidated vehicles that is attributable to third-party investors rather than the parent company.

Ask your AI about StepStone Group Inc.'s initial consolidation of consolidated funds.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude