StepStone Group Inc. (STEP)

StepStone Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	-736.78	-172.83	167.82	-45.28	484.28	314.59
Depreciation & Amortization	45.69	45.49	47.59	47.44	26.98	5.5
Stock-Based Compensation	1,558	650.13	39.45	24.94	14	7.9
Other Adjustments	-760.39	-438.06	-112.22	156.84	-302.35	-207.94
Change in Receivables	-28.13	-24.1	-12.35	-10.31	-1.77	-6.98
Changes in Accounts Payable	16.14	13.15	16.65	-1.22	6.66	9.77
Changes in Accrued Expenses	175.18	3.58	16.46	11.16	-1.45	23.44
Changes in Other Operating Activities	-195.08	-12.44	-1.87	-32.4	-12.07	3.02
Operating Cash Flow	23.16	64.93	161.52	151.18	214.28	149.3
Operating Cash Flow Growth	-83.35%	-59.80%	6.84%	-29.45%	43.53%	126.45%
Capital Expenditures	-4.52	-5.1	-19.61	-5.63	-2.1	-1.26
Purchases of Investments	-60.29	-78.22	-35.84	-35.02	-39.65	-14.05
Proceeds from Sale of Investments	21.53	39.84	8.1	9.84	13.01	4.13
Payments for Business Acquisitions	-	-	-	-	-181.53	-
Other Investing Activities	-0	-	-	0	0.04	0.01
Investing Cash Flow	-95.64	-43.48	-47.35	-30.81	-210.24	-11.17
Long-Term Debt Issued	350.61	300	50	35	185	-
Long-Term Debt Repaid	-	-175	-	-	-120	-147
Net Long-Term Debt Issued (Repaid)	350.61	125	50	35	65	-147
Issuance of Common Stock	0.86	2.52	-	-	-	337.8
Repurchase of Common Stock	-0.35	-1.47	-0.7	-2.74	-	-
Net Common Stock Issued (Repurchased)	0.52	1.05	-0.7	-2.74	-	337.8
Common Dividends Paid	-112.68	-75.84	-68.47	-49.97	-23.87	-2.05
Other Financing Activities	207.73	37.27	-38.81	-88.31	-111.57	-234.06
Financing Cash Flow	180.1	87.48	-57.98	-108.02	-70.44	-45.31
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-9.1	-1.44	-3.4	-0.29	-0.02	1.1
Net Cash Flow	14.91	107.49	52.8	12.07	-66.41	93.92
Free Cash Flow	18.64	59.83	141.92	145.56	212.18	148.04
Free Cash Flow Growth	-68.85%	-57.84%	-2.50%	-31.40%	43.32%	127.43%
FCF Margin	1.05%	5.09%	19.94%	-215.40%	15.54%	18.79%
Free Cash Flow Per Share	0.24	0.84	2.23	2.35	4.04	4.23
Levered Free Cash Flow	-158.5	-9.88	167.31	35.96	276.91	-43.9
Unlevered Free Cash Flow	-806.46	-163	206.74	18.82	445.41	346.04

Updated Feb 5, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q