TPG Inc. (TPG)
TPG Inc. brought in $5.2B of revenue over the twelve months to September 30, 2026, up 21.6% from a year earlier. Net income was $268.7M, a net margin of 5.2%. At September 30, 2026 it held $799.8M in cash against $2.3B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 3, 2026.
Key facts about TPG Inc.
- Net worth
- TPG Inc. has a market value (market cap) of $18.5B at the latest share price, and shareholders' equity of $4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $4.7B (+33.4% year on year), with net income of $184.6M. Over the 12 months to September 30, 2026: revenue $5.2B, net income $268.7M.
- Cash flow
- In fiscal 2025 operations brought in $1B of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 3, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- TPG Inc.'s next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- TPG Inc. declared dividends of $1.98 per share in fiscal 2025, a yield of 4.03% at the current price.
What TPG Inc. does
TPG Inc. is registered with the SEC under industry code SIC 6282 (Investment Advice). Its shares trade on NASDAQ under the ticker TPG.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $4.7B | $184.6M | $0.45 | n/a |
| 2024 | $3.5B | $23.5M | -$0.42 | n/a |
| 2023 | $2.4B | $80.1M | -$0.04 | n/a |
| 2022 | $2B | $92.4M | -$0.19 | n/a |
| 2022 | $5B | $0 | $0.00 | n/a |
| 2020 | $2.1B | $0 | n/a | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where TPG ranks in Finance
Dividends
TPG Inc. declared $1.98 per share in fiscal 2025. At the current price that is a yield of 4.03%.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.98 | n/a | n/a |
| 2024 | $1.65 | n/a | n/a |
| 2023 | $1.40 | n/a | n/a |
| 2022 | $1.09 | n/a | n/a |
Latest SEC filings
What TPG Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 4, 2026Passive stake changed SCHEDULE 13G/A
- November 3, 2026Quarterly report 10-Q · period to September 30, 2026Revenue was flat at $1.2B versus the same quarter last year; diluted EPS $0.41 versus $0.20.
- October 29, 2026
- October 16, 2026
- September 8, 2026
- September 8, 2026Passive stake changed SCHEDULE 13G/A
- August 18, 2026Activist stake changed SCHEDULE 13D/A
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 4, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 100% to $1.8B versus the same quarter last year; diluted EPS $0.39 versus -$0.05.
- August 4, 2026
Insider trades
What the people running TPG Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 1 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 17, 2026 | Andre AxelChief Financial Officer | Received as pay | 164,908 | - |
| July 15, 2026 | Bright GuntherDirector | Received as pay | 4,181 | - |
| July 15, 2026 | Cranston Mary BDirector | Received as pay | 4,181 | - |
| July 15, 2026 | Coulter James GExecutive Chairman, Director, 10% owner | Shares withheld for tax | 40,950 | $1.8M |
| July 15, 2026 | McRaven William H.Director | Received as pay | 4,181 | - |
| July 15, 2026 | Elsesser KathyDirector | Received as pay | 4,181 | - |
| July 15, 2026 | Messemer Deborah M.Director | Received as pay | 4,181 | - |
| May 12, 2026 | McRaven William H.Director | Received as pay | 7,434 | - |
Who owns TPG
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| James G. Coulter13D, may seek influence with 3 related filers | 72% | November 18, 2024 |
| Coulter James G.13D, may seek influence with 2 related filers | 56.4% | August 18, 2026 |
| Wellington Management Group LLP13G, passive with 3 related filers | 11.2% | September 8, 2026 |
| Massachusetts Financial Services Company ("MFS")13G, passive | 6.5% | November 12, 2024 |
| Temasek Holdings (Private) Limited13G, passive | 6.5% | April 17, 2026 |
| Millennium Management LLC13G, passive with 3 related filers | 6.2% | November 4, 2026 |
| Darlington Partners Capital Management, LP13G, passive with 4 related filers | 5.9% | March 20, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 370 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Wellington Management Group Llp | 11,019,487 | +3,041,560 |
| Temasek Holdings (Private) Ltd | 10,163,065 | +134,958 |
| Darlington Partners Capital Management, LP | 9,000,000 | 0 |
| BlackRock, Inc. | 7,980,804 | +163,263 |
| Millennium Management LLC | 7,833,431 | +1,220,342 |
| Vanguard Capital Management LLC | 6,454,321 | +371,413 |
| Vanguard Portfolio Management LLC | 6,445,372 | +163,394 |
| Capital International Investors | 5,658,694 | +584,900 |
| Balyasny Asset Management L.P. | 4,072,169 | +2,725,700 |
| Citadel Advisors LLC | 3,117,610 | -642,935 |
| State Street Corp | 2,602,387 | +132,787 |
| Geode Capital Management, LLC | 2,498,945 | -101,274 |
| Vulcan Value Partners, LLC | 2,361,862 | +375,836 |
| Jackson Brooke LLC | 2,279,109 | 0 |
| Massachusetts Financial Services Co | 2,271,967 | +10,306 |
| Qube Research & Technologies Ltd | 2,218,745 | -352,640 |
| Morgan Stanley | 2,215,454 | -611,916 |
| Point72 Asset Management, L.P. | 2,107,463 | -565,350 |
| Norges Bank | 2,052,791 | new |
| Junto Capital Management LP | 2,041,772 | new |
Insiders
19 insiders reported holding 10,279,872 shares in total, about $504.5M at the last price.
| Holder | Shares |
|---|---|
| Winkelried JonChief Executive Officer, Director, 10% owner | 3,957,501 |
| Raj NehalDirector | 2,133,356336,712 held indirectly |
| Weingart JackChief Financial Officer | 970,237375,982 held indirectly |
| Coulter James GExecutive Chairman, Director, 10% owner | 836,579 |
| Sisitsky Todd BenjaminPresident, Director | 739,988172,766 held indirectly |
| Vazquez-Ubarri AniluChief Operating Officer, Director | 421,946 |
| Trujillo DavidDirector | 237,297 |
| Sarvananthan GanendranDirector | 177,636 |
| Chu Jennifer L.Chief Legal Officer & GC | 177,295 |
| Andre AxelChief Financial Officer | 168,908 |
Questions about TPG
What does TPG Inc. do?
TPG Inc. is a company in the Finance sector, listed on NASDAQ as TPG. Its shares trade on NASDAQ under the ticker TPG.
What is TPG Inc.'s net worth?
TPG Inc. has a market value (market cap) of $18.5B at the latest share price, and shareholders' equity of $4B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is TPG Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $268.7M on revenue of $5.2B, a net margin of 5.2%.
How much revenue does TPG Inc. make?
Over the twelve months to September 30, 2026 TPG Inc. reported revenue of $5.2B. That is 21.6% more than a year earlier.
When did TPG Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 3, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the passive stake changed from November 4, 2026.
When is TPG Inc.'s next earnings report?
TPG Inc.'s next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does TPG Inc. pay a dividend?
Yes. TPG Inc. declared dividends of $1.98 per share in fiscal 2025, a yield of 4.03% at the current price.
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Where the numbers come from
Financial figures are the values TPG Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.