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TPG Inc. TPG Revenue from contracts outside the scope of ASC Topic 606

Revenue from contracts outside the scope of ASC Topic 606 at other companies

The Carlyle Group logo
The Carlyle GroupCG
-$616.7M-486%
Brookfield Asset Management logo
Brookfield Asset ManagementBAM
$112M+5,500%

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$7.69B-11.7%
Enterprise value$9.81B+0.1%
P/E48.7×-91.1×
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:RevenueNotFromContractWithCustomer.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenues
Fees and other$620,022$543,455
Capital allocation-based (loss) income(120,016)491,421
Total revenues500,0061,034,876
Expenses
Compensation and benefits:
Cash-based compensation and benefits237,188223,570
Equity-based compensation255,136205,832

Item 1. Financial Statements

FAQ

What is TPG Inc.'s revenue from contracts outside the scope of ASC topic 606?
TPG Inc. (TPG) reported revenue from contracts outside the scope of ASC topic 606 of -$120.02M in Q1 2026.
How has TPG Inc.'s revenue from contracts outside the scope of ASC topic 606 changed year-over-year?
TPG Inc.'s revenue from contracts outside the scope of ASC topic 606 decreased by 124.4% year-over-year, from $491.42M to -$120.02M.
What is the long-term trend for TPG Inc.'s revenue from contracts outside the scope of ASC topic 606?
Over 4 years (2021 to 2025), TPG Inc.'s revenue from contracts outside the scope of ASC topic 606 has grown at a -13.4% compound annual growth rate (CAGR), from $4B to $2.25B.
What does revenue from contracts outside the scope of ASC topic 606 mean?
This metric represents revenue streams generated outside the scope of standard revenue recognition accounting standards, such as investment income, interest, or gains from financial assets. For alternative asset managers, this captures the non-fee-based income derived from the firm's own capital investments and portfolio activities. It is a critical indicator of the firm's ability to generate returns from its proprietary balance sheet rather than just management fees.

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