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StepStone Group (STEP) Performance fees revenue by quarter

StepStone Group's Performance fees revenue was $481M in Q2 FY27 (second quarter fiscal 2027), +46% from Q4 FY26. Over the last 5 quarters it ranged from $153M (Q1 FY26) to $481M (Q2 FY27).

StepStone Group Performance fees revenue by quarterStepStone Group Performance fees revenue by quarter$165MQ4 FY25$153MQ1 FY26$239MQ2 FY26$329MQ4 FY26$481MQ2 FY27
QuarterPerformance fees revenueQ/QY/Y
Q2 FY27$481M+46%+101%
Q4 FY26$329M+37%+100%
Q2 FY26$239M+56%—
Q1 FY26$153M-7%—
Q4 FY25$165M——

Q2 FY27 at a glance

StepStone Group, Q2 FY27: revenue $773M (+70% year over year), operating margin -18.7%, net earnings $65.4M, operating cash flow −$361M. The chart follows the revenue to costs, profit and cash.

Questions

What is StepStone Group's Performance fees revenue?

StepStone Group's Performance fees revenue was $481M in Q2 FY27 (second quarter fiscal 2027), +46% from Q4 FY26.

How has StepStone Group's Performance fees revenue changed?

Over the last 5 quarters it ranged from $153M (Q1 FY26) to $481M (Q2 FY27).

Q2 FY27 results → · How StepStone Group makes money →