Q1 FY2027 EarningsFY27 Q1 beat consensus on revenue with $378.9M vs. $309.3M expected (+22.5% variance), driven by a 27% YoY surge in management and advisory fees. However, adjusted EPS of $0.48 slightly missed the $0.50 consensus due to an accelerated non-cash equity compensation charge of $317M, primarily related to a mark-to-market adjustment for private wealth unit profits interests. Fee-earning AUM (FEAUM) reached a record $153.6B, reflecting strong 20% growth in average fee-earning assets and successful expansion into high-margin private wealth channels.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Stepstone(STEP) the Revenue is 378.89 M (+59.55%), Beat estimate;the EBIT is 123.83 M (+26.74%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.38B59.55%
0.31B30.26%
+0.07B29.29%
EBITMiss expectations
0.12B26.74%
0.13B28.80%
-0.00B2.06%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf