StepStone Group Operating Expenses Growth & History (STEP)
StepStone Group's operating expenses was $3.02B for fiscal 2026.
View full StepStone Group company overviewStepStone Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | $3.02B | $1.58B | +109.27% |
| 2025 | 2025-03-31 | $1.44B | $901.8M | +167.04% |
| 2024 | 2024-03-31 | $539.9M | $367.8M | +213.69% |
| 2023 | 2023-03-31 | $172.1M | −$741.1M | −81.15% |
| 2022 | 2022-03-31 | $913.2M | $453.6M | +98.71% |
| 2021 | 2021-03-31 | $459.5M | $164.9M | +55.95% |
| 2020 | 2020-03-31 | $294.7M | $104.8M | +55.21% |
| 2019 | 2019-03-31 | $189.8M | — | — |
StepStone Group quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | $583.7M | $160.4M | +37.89% |
| Q4 2026 | 2026-03-31 | $608.9M | $225.3M | +58.74% |
| Q3 2026 | 2025-12-31 | $807.8M | $109.7M | +15.71% |
| Q2 2026 | 2025-09-30 | $1.18B | $956.3M | +433.30% |
| Q1 2026 | 2025-06-30 | $423.3M | $284.1M | +204.00% |
| Q4 2025 | 2025-03-31 | $383.6M | $114.4M | +42.50% |
| Q3 2025 | 2024-12-31 | $698.1M | $679.0M | +3544.89% |
| Q2 2025 | 2024-09-30 | $220.7M | $90.4M | +69.34% |
| Q1 2025 | 2024-06-30 | $139.3M | $18.1M | +14.90% |
| Q4 2024 | 2024-03-31 | $269.2M | — | — |
| Q3 2024 | 2023-12-31 | $19.2M | $13.9M | +264.96% |
| Q2 2024 | 2023-09-30 | $130.3M | — | — |
| Q1 2024 | 2023-06-30 | $121.2M | — | — |
| Q3 2023 | 2022-12-31 | $5.2M | −$287.5M | −98.21% |
| Q4 2022 | 2022-03-31 | $273.3M | — | — |
| Q3 2022 | 2021-12-31 | $292.7M | $156.3M | +114.56% |
| Q2 2022 | 2021-09-30 | $173.4M | $40.3M | +30.25% |
| Q1 2022 | 2021-06-30 | $173.7M | — | — |
| Q3 2021 | 2020-12-31 | $136.4M | $85.0M | +165.43% |
| Q2 2021 · Sep 30 | 2020-09-30 | $133.1M | $48.8M | +57.84% |
| Q3 2020 | 2019-12-31 | $51.4M | — | — |
| Q2 2020 | 2019-09-30 | $84.3M | — | — |
StepStone Group operating expenses trends
Over the last five fiscal years, StepStone Group's operating expenses increased from $459.5M to $3.02B, a change of $2.56B. The latest reported quarter, Q1 2027, shows $583.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review StepStone Group source filings ↗