StepStone Group reported results for the first quarter of fiscal year 2027 and declared a quarterly cash dividend of $0.33 per share of Class A common stock, payable on September 15, 2026 to holders of record as of August 31, 2026. The company posted GAAP net loss of $170.4 million, or $1.41 per diluted share, compared with a net loss of $12.0 million, or $0.49 per diluted share, in the same quarter a year earlier. On a non-GAAP basis, adjusted net income rose 24% to $60.3 million, or $0.48 per share, while fee-related earnings increased 30% to $105.6 million. Assets under management grew 23% year-over-year to $245.4 billion, and total capital responsibility reached approximately $913 billion.
Stepstone Group IncDeclared dividend and reported strong adjusted earnings growth, though GAAP net loss widened.
