Quarterly ResultMay 20, 2026, 04:07 PM
StepStone Group Declares $0.28 Quarterly, $0.55 Supplemental Dividends
AI Summary
StepStone Group reported its financial results for the fourth quarter and fiscal year ended March 31, 2026, showcasing significant growth in revenues and assets under management. The company's Board of Directors declared a quarterly cash dividend of $0.28 per share and a supplemental cash dividend of $0.55 per share of Class A common stock. While GAAP net loss increased, non-GAAP adjusted net income and key business drivers demonstrated strong positive performance.
Key Highlights
- Board declared a quarterly cash dividend of $0.28 per share of Class A common stock.
- Board declared a supplemental cash dividend of $0.55 per share of Class A common stock.
- Total revenues for fiscal year 2026 increased 70% to $1,993.6 million.
- Total performance fees for fiscal year 2026 surged 162% to $1,067.1 million.
- Assets Under Management (AUM) grew 23% to $233.3 billion as of March 31, 2026.
- Assets Under Advisement (AUA) increased 25% to $651.8 billion as of March 31, 2026.
- Fee-earning AUM (FEAUM) rose 19% to $144.0 billion as of March 31, 2026.
- Adjusted Net Income (ANI) for fiscal year 2026 increased 8% to $264.6 million.
Price Impact
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