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Friday 6 November 2026 Export TPG’s income statement to Excel — free account

TPG Inc.

TPG Financial Asset Management

TPG Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, up 33.4% from fiscal 2024.

Revenue
−0.20%
EPS
+367.1%
Free cash flow
−57.6%
Total debt
+27.2%

Quarter to September 2026, against a year earlier

47.03 3.13 −6.24%
Market cap
$18.0B
P/E
19.7×
Fwd P/E
23.7×
Dividend yield
4.76%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

TPG Inc. (TPG) Earnings & Analysis

Updated · Covers results through Q2 FY2026 · How this is made

Latest quarter

TPG’s Q2 FY2026 revenue and adjusted earnings per share both beat the consensus. On the consensus basis, revenue was $628.2 million against an estimate of $565.7 million, while adjusted EPS was $0.69 against $0.59.

TPG reported total revenue of $1.8 billion, up from $920.5 million a year earlier. Diluted EPS was $0.39, compared with −$0.05. Operating margin rose to 18.7% from 3.30%, while free cash flow fell to $328.2 million from $382.8 million.

The company’s filing attributes higher fees and other revenues primarily to increases in management fees and transaction, monitoring and other fees. It says management fees grew in the Capital, Impact, Credit and Market Solutions platforms, but fell in Growth and Real Estate. The filing attributes the increase in transaction and other fees primarily to capital markets activity among portfolio companies involving TPG’s broker-dealer.

TPG also reported higher performance allocations, with unrealized gains in the quarter compared with unrealized losses a year earlier. The filing says performance allocation compensation increased alongside those allocations.

Q2 FY2026 Q2 FY2025 Change
Revenue $1.8 billion $920.5 million 100.0%
Diluted EPS $0.39 −$0.05 —
Gross margin 100.0% 100.0% 0.0 percentage points
Operating margin 18.7% 3.30% 15.4 percentage points
Free cash flow $328.2 million $382.8 million −14.3%
Against the consensus Reported Consensus Result
Adjusted EPS $0.69 $0.59 Beat by 16.9%
Revenue $628.2 million $565.7 million Beat by 11.1%

Adjusted EPS is the figure the consensus estimates, not the GAAP EPS above.

What management said on the call

TPG’s latest earnings call is not available, so management’s call commentary cannot be reported.

Guidance

TPG’s current management guidance is not available. The company’s outlook therefore cannot be compared with its previous guidance, including any changes to or withdrawals of earlier expectations.

This page is for information only. It is not investment advice, a recommendation or an offer to buy or sell any security. Figures come from the sources listed above and may contain errors; verify against the company's filings.