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TPG Inc. TPG Expense reimbursements and other — Fees and other

Other product segments

Management fees
$479.43M+14.4%
Transaction fees
$64.92M+36.8%
Monitoring fees
$10.07M+28.2%
Incentive fees
$8.21M+32.3%

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$1.85M-6.5%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Monitoring fees10,0737,858
Transaction fees64,91747,454
Incentive fees8,2056,201
Expense reimbursements and other57,39862,991
Total fees and other620,022543,455
Performance allocations(138,391)450,560
Capital interests18,37540,861
Total capital allocation-based (loss) income(120,016)491,421

Item 1. Financial Statements

FAQ

What is TPG Inc.'s expense reimbursements and other — fees and other?
TPG Inc. (TPG) reported expense reimbursements and other — fees and other of $57.4M in Q1 2026.
How has TPG Inc.'s expense reimbursements and other — fees and other changed year-over-year?
TPG Inc.'s expense reimbursements and other — fees and other decreased by 8.9% year-over-year, from $62.99M to $57.4M.
What is the long-term trend for TPG Inc.'s expense reimbursements and other — fees and other?
Over 4 years (2021 to 2025), TPG Inc.'s expense reimbursements and other — fees and other has grown at a 16.8% compound annual growth rate (CAGR), from $154.63M to $288.03M.
What does expense reimbursements and other — fees and other mean?
This metric represents the revenue generated from the recovery of operating expenses incurred on behalf of managed investment funds and other ancillary service fees. It reflects the firm's ability to pass through administrative and operational costs to its investment vehicles, serving as a secondary revenue stream alongside core management and performance fees. Monitoring this figure helps investors assess the scale of the firm's operational footprint and the efficiency of its cost-recovery mechanisms within its alternative asset management platform.

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