StepStone FY27 Q1 net loss widens to USD 170.37 million; revenue rises 4% to USD 378.89 million - STEP News | RalliesStepStone FY27 Q1 net loss widens to USD 170.37 million; revenue rises 4% to USD 378.89 million
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STEP• Quarterly results
- StepStone posted a GAAP net loss of USD 170.37 million for the quarter ended June 30, 2026, widening from a GAAP net loss per share of USD 1.41.
- GAAP revenue rose 4% from a year earlier to USD 378.89 million, while management and advisory fees climbed 27% to USD 269.17 million.
- Total performance fees fell 28% from a year earlier to USD 109.72 million.
- Non-GAAP adjusted net income declined 24% to USD 60.3 million, with fee-related earnings rising 30% to USD 105.61 million.
- Assets under management increased 23% to USD 245.35 billion; total capital responsibility rose 26% to USD 913.25 billion.
