Skip to content
OpenCapital
Get started

TPG Inc. TPG Q3 2025 earnings

Reported November 4, 2025 · Before market open

Revenue$840.0MBeat by $300.0MDiluted EPS$0.53Miss by $0.03
Revenue estimate$540.0M
EPS estimate$0.56

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$607.3M
EPS estimate$0.62

Financials

Q3 2025

Income statement

See full
Revenue$1.2B+43.0%
Net income$67.1M+649%
EPS (diluted)$0.20+350%

Balance sheet

See full
Cash & equivalents$1.1B-7.2%
Total debt$2.4B+54.8%
Total equity$3.8B+11.4%
Total assets$13.0B+23.7%

Cash flow

See full
Operating cash flow$492.0M+614%
CapEx$10.0M-4.8%
Free cash flow$482.0M+726%

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$8.48B+44.9%
Enterprise value$9.79B+57.2%
P/E70.4×-177×
P/S2×+0.3×

Profitability

See full
Net margin2.8%+2.1pp

Returns & leverage

See full
Return on equity3.4%+2.6pp
Debt / equity0.6×+0.2×

Segments

By product

See full
Management fees$470.5M+14.5%
Expense reimbursements and other$79.3M+30.4%
Transaction fees$30.7M-21.1%
Monitoring fees$8.6M-0.1%
Incentive fees$7.3M+32.1%

Versus estimates

Revenue

Q1 2026$557.2MMiss by $50.9MQ4 2025$628.5MBeat by $14.1M
Q3 2025$840.0MBeat by $300.0M
Q2 2025$921.3MBeat by $433.4MQ1 2025$743.3MBeat by $268.4MQ4 2024$721.4MBeat by $254.1M

Diluted EPS

Q1 2026$0.70Beat by $0.09Q4 2025$0.71Beat by $0.07
Q3 2025$0.53Miss by $0.03
Q2 2025$0.69Beat by $0.24Q1 2025$0.48Beat by $0.02Q4 2024$0.62Beat by $0.10

Ask the moment TPG Inc. reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did TPG Inc. report Q3 2025 earnings?
TPG Inc. (TPG) reported Q3 2025 earnings on November 4, 2025 before market open.
What were TPG Inc.'s Q3 2025 revenue and EPS?
TPG Inc. reported revenue of $840.0M and diluted EPS of $0.53 for Q3 2025.
Did TPG Inc. beat estimates in Q3 2025?
Revenue beat the consensus estimate of $540.0M by $300.0M. EPS missed the consensus estimate of $0.56 by $0.03.
How did TPG Inc.'s Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 36.8% from $614.2M a year earlier and diluted EPS grew 17.8% from $0.45.
Where can I find TPG Inc.'s Q3 2025 SEC filings?
You can read the 8-K earnings release (0001880661-25-000073) and the 10-Q periodic report (0001880661-25-000077) directly on SEC EDGAR. The filing index links above go to sec.gov.