StepStone Group (STEP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2026, StepStone Group Inc. (STEP) reported revenue of $305.84 million, up 3.4% over the same period last year. EPS came in at $0.57, compared to $0.68 in the year-ago quarter.

The reported revenue represents a surprise of +1.98% over the Zacks Consensus Estimate of $299.91 million. With the consensus EPS estimate being $0.51, the EPS surprise was +11.77%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how StepStone Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Fee-Earning AUM (FEAUM) - Focused Commingled Funds: $62.23 billion versus the three-analyst average estimate of $60.60 billion. Fee-Earning AUM (FEAUM) - Total: $144.05 billion versus the three-analyst average estimate of $143.16 billion. Fee-Earning AUM (FEAUM) - Separately managed accounts (SMAs): $81.82 billion versus $82.56 billion estimated by three analysts on average. Assets Under Advisement (AUA): $651.81 billion compared to the $581.70 billion average estimate based on two analysts. Assets Under Management (AUM): $233.35 billion compared to the $226.60 billion average estimate based on two analysts. Total revenues- Management and advisory fees, net: $259.87 million compared to the $244.47 million average estimate based on two analysts. Total revenues- Performance fees- Incentive fees: $7.09 million compared to the $5.83 million average estimate based on two analysts. Total revenues- Total performance fees: $328.71 million versus the two-analyst average estimate of $155.74 million. Total revenues- Performance fees- Carried interest allocations- Unrealized: $201.03 million versus the two-analyst average estimate of $104.84 million. Total revenues- Total carried interest allocations: $239.63 million versus $149.91 million estimated by two analysts on average. Total revenues- Performance fees- Carried interest allocations- Realized: $38.6 million versus $45.06 million estimated by two analysts on average.

View all Key Company Metrics for StepStone Group here>>>

Shares of StepStone Group have returned -5.1% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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