Filing Flows › StepStone Group (STEP) › Q1 FY27 › vs Q4 FY26
StepStone Group (STEP) Q1 FY27 vs Q4 FY26 (quarter over quarter)
StepStone Group's revenue fell $210M (-36%) from $589M in Q4 FY26 to $379M in Q1 FY27.
StepStone Group, Q1 FY27: revenue $379M (+4% year over year), operating margin -54.1%, net loss $170M, operating cash flow −$458M. The chart draws each line against Q4 FY26, the increases inside each band.
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $379M | $589M | −$210M | -36% |
| Other income, net | $4.6M | $20.0M | −$15.4M | -77% |
| Income tax benefit | $29.9M | $7.0M | $22.9M | +327% |
| Net loss | $170M | −$6.7M | $177M | — |
| Costs & expenses | $584M | $616M | −$31.9M | -5% |
| Operating costs | $584M | $609M | −$25.2M | -4% |
| General & admin | $53.5M | $48.4M | $5.1M | +10% |
| Other operating costs | $530M | $561M | −$30.3M | -5% |
| Operating cash sources | $762M | $215M | $547M | +255% |
| Depreciation & amortization | $11.4M | $11.4M | −$70K | -0.6% |
| Share-based compensation | $293M | $180M | $113M | +63% |
| Cash used in operations | $458M | $23.2M | $434M | 20× |
| Net loss absorbed | $170M | −$6.7M | $177M | — |
| Working capital & other | $591M | $221M | $370M | +167% |
Questions
How much did StepStone Group's revenue grow quarter over quarter in Q1 FY27?
StepStone Group's revenue fell $210M (-36%) from $589M in Q4 FY26 to $379M in Q1 FY27.