TPG Inc. (TPG) Financial Statements
Industry: Investment Advice
In fiscal 2025, TPG reported revenue of $4.67B, up 33.4% from $3.50B the year before. Net income was $184.6M (a 4.0% net margin), or $0.45 per diluted share. Operating activities generated $1.03B of cash. At fiscal year end, TPG held $13.49B in total assets against $9.36B in total liabilities, including $826.1M of cash and equivalents.
Open the full interactive TPG financials → Quarterly statements, key ratios, valuation history and price charts.
TPG Key Stats
| Share Price | $42.89 |
|---|---|
| Market Cap | $16.53B |
| P/E Ratio | 95.3 |
| Revenue YoY Growth | +33.4% |
| 52-Week Range | $37.03 – $67.14 |
| Shares Outstanding | 164.7 million (basic, 2026 Q2) |
TPG Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $2.00B | $2.39B | $3.50B | $4.67B |
| Pre-Tax Income | -$23.8M | $140.4M | $75.6M | $666.6M |
| Income Tax | $32.5M | $60.3M | $52.1M | $67.0M |
| Net Income | -$56.2M | $80.1M | $23.5M | $184.6M |
| Diluted EPS | -$0.19 | -$0.04 | -$0.42 | $0.45 |
TPG Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.22B | $1.49B | $500.0M | $1.84B |
| Net Income | $67.1M | $77.1M | -$1.5M | $93.4M |
| Diluted EPS | $0.20 | $0.21 | -$0.22 | $0.39 |
TPG Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | $1.11B | $665.2M | $808.0M | $826.1M |
| Total Assets | $7.94B | $9.37B | $10.54B | $13.49B |
| Total Long-Term Debt | $444.6M | $945.1M | $1.28B | $1.72B |
| Total Liabilities | $4.20B | $6.01B | $6.94B | $9.36B |
| Shareholders' Equity | $3.09B | $3.36B | $3.59B | $4.14B |
TPG Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | $1.38B | $720.5M | $532.1M | $1.03B |
| Cash From Investing | -$3.0M | -$373.6M | -$44.5M | -$264.0M |
| Cash From Financing | -$1.24B | -$789.2M | -$344.9M | -$750.4M |
Figures from TPG's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full TPG financials page for every line item.
TPG Company Profile
| Ticker | TPG |
|---|---|
| Exchange | Nasdaq |
| Industry | Investment Advice |
| Headquarters | Fort Worth, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001880661 |
Frequently Asked Questions
What was TPG's revenue in fiscal 2025?
TPG (TPG) reported revenue of $4.67B for fiscal 2025.
What is TPG's annual revenue history?
TPG's annual revenue by fiscal year: 2022: $2.00B; 2023: $2.39B; 2024: $3.50B; 2025: $4.67B.
What was TPG's net income in fiscal 2025?
TPG reported net income of $184.6M for fiscal 2025.
What was TPG's earnings per share (EPS) in fiscal 2025?
TPG's diluted EPS was $0.45 for fiscal 2025 (adjusted for any later stock splits).
What was TPG's revenue last quarter?
In its most recent reported quarter (2026 Q2), TPG reported revenue of $1.84B.
How much debt does TPG have?
TPG reported $1.72B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of TPG are outstanding?
TPG reported a weighted average of 164.7 million basic shares outstanding in 2026 Q2.
What is TPG's market cap?
Based on its latest closing price, TPG (TPG) has a market capitalization of about $16.53B.
When does TPG's fiscal year end?
TPG's fiscal year end, as registered with the SEC, is December 31.
Where is TPG headquartered?
TPG lists its business address in Fort Worth, Texas in its SEC filings.