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TPG Inc. TPG Income Taxes Payable

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Other financials

Income statement

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Revenue$500.0M-51.7%
Net income-$1.5M-106%
EPS (diluted)-$0.22

Balance sheet

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Cash & equivalents$864.7M+3.5%
Total debt$3.0B+42.5%
Total equity$3.7B+6.5%
Total assets$13.3B+17.6%

Cash flow

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Operating cash flow$176.5M-10.9%
CapEx$16.3M+156%
Free cash flow$160.3M-16.4%

Valuation

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Market cap$7.86B-13.4%
Enterprise value$9.98B-1.8%
P/E49.8×-95.9×
P/S1.9×-0.4×

Profitability

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Net margin3.8%+2.9pp
FCF margin24.8%

Returns & leverage

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Return on equity4.4%+3.4pp
Debt / equity0.8×+0.2×

Where this comes from

Reported directly by TPG Inc. in its filing.

Tagged under the XBRL concept us-gaap:TaxesPayableCurrentAndNoncurrent.

The source filing: TPG Inc.’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001880661-26-000033

As of March 31, 2026 and December 31, 2025, the Company’s liability pursuant to the Tax Receivable Agreement related to the Reorganization and subsequent exchanges of TPG Operating Group partnership units for common stock was $782.2 million and $811.6 million, respectively. Approximately $475.5 million of the Tax Receivable Agreement liability is attributable to Related Parties further described in Note 10 and $306.7 million is attributable to non-affiliates recorded in other liabilities. During the three months ended March 31, 2026, there were no Common Units exchanged for Class A common stock. During the three months ended March 31, 2026, the Company made payments of $29.9 million in connection with the Tax Receivable Agreement.

Item 1. Financial Statements

FAQ

What is TPG Inc.'s income taxes payable?
TPG Inc. (TPG) reported income taxes payable of $782.2M in Q1 2026.
How has TPG Inc.'s income taxes payable changed year-over-year?
TPG Inc.'s income taxes payable increased by 71.7% year-over-year, from $455.6M to $782.2M.
What is the long-term trend for TPG Inc.'s income taxes payable?
Over 3 years (2022 to 2025), TPG Inc.'s income taxes payable has grown at a 254.0% compound annual growth rate (CAGR), from $18.3M to $811.6M.
What does income taxes payable mean?
Current income taxes owed to federal, state, and local tax authorities for the current and prior periods.

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