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TPG Inc. TPG Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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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:MinorityInterest.

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
Line itemMarch 31, 2026December 31, 2025
Class A common stock $0.001 par value, 2,340,000,000 shares authorized (160,321,166 and 153,113,961 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively)160153
Class B common stock $0.001 par value, 750,000,000 shares authorized (223,852,327 and 224,331,812 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively)224224
Preferred stock, $0.001 par value, 25,000,000 shares authorized (0 issued and outstanding as of March 31, 2026 and December 31, 2025)
Additional paid-in-capital1,530,6861,476,444
Accumulated deficit(397,691)(291,604)
Non-controlling interests2,591,3922,951,158
Total equity3,724,7714,136,375
Total liabilities and equity$13,307,346$13,492,935

Item 1. Financial Statements

FAQ

What is TPG Inc.'s noncontrolling interests in subsidiaries?
TPG Inc. (TPG) reported noncontrolling interests in subsidiaries of $2.59B in Q1 2026.
How has TPG Inc.'s noncontrolling interests in subsidiaries changed year-over-year?
TPG Inc.'s noncontrolling interests in subsidiaries decreased by 3.1% year-over-year, from $2.68B to $2.59B.
What is the long-term trend for TPG Inc.'s noncontrolling interests in subsidiaries?
Over 3 years (2022 to 2025), TPG Inc.'s noncontrolling interests in subsidiaries has grown at a 4.6% compound annual growth rate (CAGR), from $2.58B to $2.95B.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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