StepStone Group Inc.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 7, 2025
STEP$49.18+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Stockholders’ Equity for the and
Condensed Consolidated Statements of Stockholders’ Equity (Unaudited)
| Class A Common Stock | Class B Common Stock | Additional Paid-in Capital | Retained Earnings (Accumulated Deficit) | Accumulated Other Comprehensive Income | Non-Controlling Interests in Subsidiaries | Non-Controlling Interests in Legacy Greenspring Entities | Non-Controlling Interests in the Partnership | Total Stockholders’ Equity | |
|---|---|---|---|---|---|---|---|---|---|
| Balance at March 31, 2025 | $77 | $40 | $421,057 | $(242,546) | $728 | $1,056,510 | $133,489 | $20,793 | $1,390,148 |
| Net income (loss) | — | — | — | (38,424) | — | 28,617 | 3,382 | (27,122) | (33,547) |
| Other comprehensive loss | — | — | — | — | (294) | (316) | — | (167) | (777) |
| Contributed capital | — | — | — | — | — | 1,517 | 422 | 1 | 1,940 |
| Equity-based compensation | — | — | 2,866 | — | — | 182 | — | 1,621 | 4,669 |
| Distributions | — | — | — | — | — | (21,897) | (2,961) | (38,270) | (63,128) |
| Dividends declared | — | — | — | (51,020) | — | — | — | — | (51,020) |
| Exchange of Class B, Class C and Class D units for Class A common stock and redemption of corresponding Class B common stock | 1 | — | (1) | — | — | — | — | — | — |
| Purchase of non-controlling interests | — | — | (6,566) | — | — | — | — | (3,773) | (10,339) |
| Class A common stock issued for purchase of asset class non-controlling interests | 1 | — | (1) | — | — | — | — | — | — |
| Equity reallocation between controlling and non-controlling interests | — | — | 74,871 | — | 510 | (118,580) | — | 43,199 | — |
| Deferred tax effect resulting from equity transactions affecting ownership in the Partnership(1) | — | — | (7,367) | — | — | — | — | — | (7,367) |
| Balance at June 30, 2025 | $79 | $40 | $484,859 | $(331,990) | $944 | $946,033 | $134,332 | $(3,718) | $1,230,579 |
| Balance at March 31, 2024 | $66 | $45 | $310,293 | $13,768 | $304 | $974,559 | $147,042 | $208,514 | $1,654,591 |
|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | — | — | — | 13,328 | — | 16,615 | (1,255) | 13,324 | 42,012 |
| Other comprehensive loss | — | — | — | — | (7) | (10) | — | (5) | (22) |
| Contributed capital | — | — | — | — | — | — | 7,132 | — | 7,132 |
| Equity-based compensation | — | — | 3,121 | — | — | 204 | — | 2,354 | 5,679 |
| Distributions | — | — | — | — | — | (7,867) | (5,383) | (22,247) | (35,497) |
| Dividends declared | — | — | — | (24,101) | — | — | — | — | (24,101) |
| Exchange of Class B and Class C units for Class A common stock and redemption of corresponding Class B common stock | 2 | (2) | (2) | — | — | — | — | — | (2) |
| Vesting of Class B2 units and issuance of corresponding Class B common stock at par value | — | 3 | — | — | — | — | — | — | 3 |
| Purchase of non-controlling interests | — | — | (3,149) | — | — | — | — | (2,249) | (5,398) |
| Settlement of non-controlling interests related to awards of carried interest allocations | — | — | — | — | — | 55,579 | — | — | 55,579 |
| Redemption of redeemable non-controlling interests in subsidiaries | — | — | 55,879 | — | — | — | — | 41,504 | 97,383 |
| Equity reallocation between controlling and non-controlling interests | — | — | 3,763 | — | — | (11,522) | — | 7,759 | — |
| Deferred tax effect resulting from equity transactions affecting ownership in the Partnership(1) | — | — | (6,376) | — | — | — | — | — | (6,376) |
| Balance at June 30, 2024 | $68 | $46 | $363,529 | $2,995 | $297 | $1,027,558 | $147,536 | $248,954 | $1,790,983 |
(1)See notes 10 and 13 for more information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.