Stepstone Group Inc. balance sheet
At the end of fiscal 2026, Stepstone Group Inc. had total assets of $6.76bn, total liabilities of $5.88bn and shareholders' equity of −$414m. It held $1.12bn in cash against $275m of debt: net cash of $844m.
Balance sheet
| Fiscal year | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 41 | 90 | 180 | 116 | 130 | 182 | 290 | 1,119 | 703 |
| Goodwill | — | 7 | 7 | 581 | 581 | 581 | 581 | 581 | 581 |
| Total assets | — | 681 | 1,321 | 4,188 | 3,497 | 3,789 | 4,587 | 6,763 | 7,768 |
| Long-term debt | — | 143 | 0 | 63 | 98 | 149 | 269 | — | — |
| Total debt | 0 | 143 | 0 | 65 | 100 | 150 | 275 | 275 | 275 |
| Total liabilities | — | 444 | 661 | 2,364 | 1,844 | 1,916 | 2,812 | 5,877 | 6,528 |
| Shareholders' equity | — | — | 249 | 818 | 772 | 324 | 179 | −414 | −539 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | 410 | 1,007 | 882 | 1,549 | 1,595 | 1,300 | 1,779 |
| Net debt (negative = net cash) | −41 | 53 | −180 | −51 | −30 | −32 | −15 | −844 | −428 |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 581 | 581 | 581 | 581 | 581 | 581 | 581 | 581 |
| Total assets | 4,040 | 4,350 | 4,587 | 4,782 | 5,332 | 5,241 | 6,763 | 7,768 |
| Long-term debt | 172 | 169 | 269 | 270 | 270 | 270 | — | — |
| Total debt | 172 | 169 | 269 | 270 | 270 | 270 | — | — |
| Total liabilities | 2,040 | 2,606 | 2,812 | 3,085 | 4,106 | 4,722 | 5,877 | 6,528 |
| Shareholders' equity | 397 | 210 | 179 | 154 | −233 | −379 | −414 | −539 |
| Non-controlling interests and other (assets − liabilities − equity) | 1,603 | 1,534 | 1,595 | 1,543 | 1,459 | 898 | 1,300 | 1,779 |
Compare with peers
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