StepStone Group Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	377.45	289.3	181.59	128.56	116.39	179.89
Cash & Short-Term Investments	377.45	289.3	181.59	128.56	116.39	179.89
Cash Growth	35.39%	59.31%	41.25%	10.46%	-35.30%	100.01%
Accounts Receivable	2,196	1,642	1,451	1,305	1,534	928.62
Other Receivables	38.9	12.92	13.45	7.02	0.34	7.47
Receivables	2,250	1,669	1,478	1,326	1,534	936.09
Restricted Cash	0.56	0.5	0.72	0.96	1.06	3.98
Total Current Assets	2,628	1,959	1,661	1,455	1,651	1,120
Property, Plant & Equipment	84.02	121.64	127.32	116.97	73.83	10.23
Long-Term Investments	1,069	1,228	898.1	916.43	1,442	74.38
Goodwill	580.54	580.54	580.54	580.54	580.54	6.79
Other Intangible Assets	233.25	263.87	304.87	354.65	398.13	5.49
Long-Term Deferred Tax Assets	583.57	382.89	184.51	44.36	27.87	89.44
Other Long-Term Assets	62.82	50.76	32.8	28.99	14.66	14.49
Total Assets	5,241	4,587	3,789	3,497	4,188	1,321
Accounts Payable	41.12	40.21	22.31	12.6	31.99	32.28
Accrued Expenses	3,901	1,990	1,305	1,329	1,950	499.83
Current Portion of Leases	4.34	17.03	-	-	-	-
Other Current Liabilities	-	-	53.68	1.32	1.95	3.57
Total Current Liabilities	3,947	2,048	1,381	1,343	1,984	535.68
Long-Term Debt	270.25	269.27	148.82	98.35	62.88	-
Long-Term Leases	102.15	96.49	119.74	121.22	70.97	-
Long-Term Unearned Revenue	46	49.1	51.5	39.7	19	13.9
Long-Term Deferred Tax Liabilities	-	0.42	0.16	0.35	1.53	-
Other Long-Term Liabilities	356.92	349.4	214.33	241.41	225.43	111.5
Total Liabilities	4,722	2,812	1,916	1,844	2,364	661.08
Common Stock	0.12	0.12	0.11	0.11	0.11	0.1
Additional Paid-In Capital	486.54	421.06	310.29	610.57	587.24	188.75
Retained Earnings	-866.33	-242.55	13.77	160.43	229.62	60.41
Comprehensive Income & Other	0.88	0.73	0.3	0.46	0.66	0.16
Total Common Equity	-378.79	179.36	324.48	771.57	817.63	249.41
Minority Interest	898.25	1,595	1,549	881.75	1,007	410.29
Shareholders' Equity	519.45	1,774	1,873	1,653	1,824	659.69
Total Liabilities & Equity	5,241	4,587	3,789	3,497	4,188	1,321
Total Debt	376.74	382.79	268.56	219.58	133.84	-
Net Cash (Debt)	0.71	-93.49	-86.97	-91.01	-17.46	179.89
Net Cash Per Share	0.01	-1.31	-1.31	-1.47	-0.33	5.41
Filing Date Shares Outstanding	80.14	76.76	65.61	62.83	61.14	40.34
Total Common Shares Outstanding	80.14	76.76	65.61	62.83	61.14	38.44
Working Capital	-1,318	-88.58	279.54	112.42	-332.52	584.27
Book Value Per Share	-4.73	2.34	4.95	12.28	13.37	6.49
Tangible Book Value	-1,193	-665.06	-560.94	-163.62	-161.04	237.13
Tangible Book Value Per Share	-14.88	-8.66	-8.55	-2.60	-2.63	6.17
Machinery	-	12.97	11.69	11.47	9.73	8.99
Leasehold Improvements	-	30.29	27.57	17.25	12.31	9.88

Source: S&P Global Market Intelligence. Standard template. Financial Sources.