General and administrative expenses were $38 million, down $2 million from last quarter, and up $6 million from last year's fiscal 4Q. The sequential decline was primarily due to timing of client events, marketing, and travel-related expenses.
May 20, 2026 / receipt, needs a key / David Park, CFO | earnings call 2026-05-20 | transcript c39f729e-025b-474b-bd02-436340f0d833 | chars 17256-17499 | segment 17
The sequential increase was driven by higher travel, IT, and other general operating expenses. As a reminder, the G&A of our next two quarters tends to be seasonally elevated, driven by our StepStone 360 Conference in October and our Venture Capital Conference in February.
Nov 6, 2025 / receipt, needs a key / David Park, CFO | earnings call 2025-11-06 | transcript d04ed845-def2-4e32-963c-4ba35f5a746c | chars 14042-14315 | segment 14
As a reminder, our G&A expenses tend to be seasonally highest in our fiscal third and fourth quarters due to these annual investor conferences.
Feb 8, 2024 / receipt, needs a key / David Park, CFO | earnings call 2024-02-08 | transcript 8e0c6ce7-1b1c-4108-9528-45b57cb496f9 | chars 16361-16504 | segment 16
G&A will vary quarter to quarter, largely driven by travel and events.
Aug 3, 2023 / receipt, needs a key / Johnny Randall, CFO | earnings call 2023-08-03 | transcript 7de3196c-996e-4c2d-8b10-a16b0abac7e7 | chars 14082-14152 | segment 14
G&A expenses. We're also particularly travel as our teams are out there supporting existing clients and developing new relationships.
May 24, 2023 / receipt, needs a key / Johnny, other | earnings call 2023-05-24 | transcript ca9ee289-c0ea-46b6-9f30-b497e95125c7 | chars 23250-23383 | segment 24
But certainly over the last you know, 12, 18 months as the world has reopened. We've been spending quite a bit of time on the road, around the world, and, you know, seeing various different pockets of interest, whether in, you know, Asia, Middle East, Latin America, et cetera.
Feb 9, 2023 / receipt, needs a key / John Dunn, other | earnings call 2023-02-09 | transcript 2275d99c-981f-4f5d-bd25-712b6f757cb6 | chars 45706-45983 | segment 46
Late last month, we hosted the StepStone 360 Conference in New York, our annual investor conference. We were thrilled to host the event live after holding it virtually the prior two years. Our clients were enthusiastic to return to our conference in person, with attendance up 30% from pre-COVID levels and with roughly half the attendees traveling from outside the U.S.
Nov 3, 2022 / receipt, needs a key / Scott Hart, CEO | earnings call 2022-11-03 | transcript a187bda4-efd1-4326-8f43-c68d72dd9908 | chars 5402-5772 | segment 5
Shifting to expenses, compensation was down nominally versus the prior quarter, as we saw some adjustments to bonus accruals, while G&A increased at a modest pace given incremental travel costs and professional fees.
Nov 3, 2022 / receipt, needs a key / Johnny Randall, CFO | earnings call 2022-11-03 | transcript a187bda4-efd1-4326-8f43-c68d72dd9908 | chars 14458-14674 | segment 14
We have also seen sequential increases in travel and marketing driving increases in our G&A expense.
Aug 4, 2022 / receipt, needs a key / Johnny Randall, CFO | earnings call 2022-08-04 | transcript c172b5c9-2d87-44f3-92d9-b5738076cf04 | chars 15611-15711 | segment 15
Additionally, we expect a higher level of T&E as we move through the coming year. T&E expense, while trending higher, still remains at levels below what we would consider normal.
Feb 8, 2022 / receipt, needs a key / Johnny Randall, CFO | earnings call 2022-02-08 | transcript d78ded47-2167-4df7-970a-92654f7f0c0f | chars 11296-11474 | segment 11
But yes, now beginning to travel a bit more internationally or even on the domestic front, again, with 21 offices around the world, I feel like we are well positioned, even if travel is only taking place on a domestic basis.
Nov 9, 2021 / receipt, needs a key / Scott Hart, other | earnings call 2021-11-09 | transcript 808dea8e-1700-4d06-846d-5cea96f6a206 | chars 30341-30565 | segment 31
Fee-related earnings growth has been driven by higher fee earning AUM, lower travel and entertainment expenses, and positive operating leverage.
Aug 10, 2021 / receipt, needs a key / Johnny Randall, CFO | earnings call 2021-08-10 | transcript ecd9efc6-5b06-4fa5-b859-8ea76a17ee23 | chars 15004-15148 | segment 15
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company_statement / Sep 11, 2026 / receipt
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company_statement / Sep 11, 2026 / receipt
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Vice President, Product Management | {"ats": "greenhouse", "city": "La Jolla", "state": "CA", "job_id": "8180603", "remote": false, "category": "other", "function": "executive", "location": "La Jolla,
company_statement / Sep 9, 2026 / receipt
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company_statement / Sep 9, 2026 / receipt
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company_statement / Sep 9, 2026 / receipt
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Junior Analyst - AI Solutions, R&D & Coding
company_statement / Sep 8, 2026 / receipt
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company_statement / Sep 8, 2026 / receipt
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company_statement / Sep 4, 2026 / receipt
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company_statement / Sep 3, 2026 / receipt
| Adis Pecikoza | Financial Controller | receipt | |
| David Park | CFO | receipt | |
| Johnny Randall | CFO | - | receipt |
| Mike McCabe | Head of Strategy | - | receipt |
| Scott Hart | CEO | - | receipt |
| 2023-11-06 | Chief Accounting Officer, appointed | sec_8k |
| 2021-11-09 | Executive Chairman, appointed | sec_8k |