Financial insights of STEP

MyFinsight

Income Statement	2026-03-31
Total revenues	1,993,603
Cash-based compensation	414,147
Equity-based compensation	1,742,057
Realized	192,577
Unrealized	342,225
Total performance fee-related compensation	534,802
Legacy greenspring performance fee-related compensation	138,711
Total compensation and benefits	2,829,717
General, administrative and other	187,254
Total expenses	3,016,971
Investment income	40,819
Legacy greenspring investment loss	4,945
Investment income of consolidated funds	92,407
Interest income	11,833
Interest expense	18,502
Other income (loss)	697
Total other income	132,199
Income (loss) before income tax	-891,169
Income tax expense (benefit)	-147,893
Net income	-743,276
Less net income attributable to non-controlling interests-Subsidiaries	103,782
Less net income attributable to non-controlling interests-Legacy Entities	4,945
Less net income attributable to non-controlling interests-Partnership Of Subsidiary	-384,633
Less net income attributable to redeemable non-controlling interests	65,988
Less net income attributable to redeemable non-controlling interests-Subsidiaries	2,450
Net income (loss) attributable to stepstone group inc	-535,808

Basic EPS	-6.78
Diluted EPS	-6.78
Basic Average Shares	79,039,229
Diluted Average Shares	79,039,229

Unit: Thousand (K) dollars (except for numbers of shares and EPS).