STEPSTONE GROUP INC.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.12B | $289.8M | $182.3M | $129.5M | $116.4M | $179.9M | $89.9M | $40.6M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $26.3M | $29.8M | $29.6M | $15.8M | $12.8M | $10.2M | $11.0M | — |
| Goodwill | $580.5M | $580.5M | $580.5M | $580.5M | $580.5M | $6.8M | $6.8M | — |
| Intangible Assets (Excl. Goodwill) | $223.0M | $263.9M | $304.9M | $354.6M | $398.1M | $5.5M | $8.8M | — |
| Total Assets | $6.76B | $4.59B | $3.79B | $3.50B | $4.19B | $1.32B | $680.8M | — |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | $269.3M | $148.8M | $98.4M | $62.9M | $0 | $143.1M | — |
| Total Liabilities | $5.88B | $2.81B | $1.92B | $1.84B | $2.36B | $661.1M | $443.9M | — |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-896.9M | $-242.5M | $13.8M | $160.4M | $229.6M | $60.4M | $0 | — |
| Total Stockholders' Equity | $-413.6M | $179.4M | $324.5M | $771.6M | $817.6M | $249.4M | — | — |
Those who do not remember the past are condemned to repeat it.