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TPG Inc. TPG Incentive fees — Fees and other

Other product segments

Management fees
$479.43M+14.4%
Transaction fees
$64.92M+36.8%
Expense reimbursements and other
$57.4M-8.9%
Monitoring fees
$10.07M+28.2%

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CGFund management fees — Fund management fees and incentive fees
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$130M+11.1%
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$64M+60.0%

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
Management fees$479,429$418,951
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

Item 1. Financial Statements

FAQ

What is TPG Inc.'s incentive fees — fees and other?
TPG Inc. (TPG) reported incentive fees — fees and other of $8.21M in Q1 2026.
How has TPG Inc.'s incentive fees — fees and other changed year-over-year?
TPG Inc.'s incentive fees — fees and other increased by 32.3% year-over-year, from $6.2M to $8.21M.
What does incentive fees — fees and other mean?
This metric represents ancillary or miscellaneous revenue streams generated within the incentive fee segment of an alternative asset management firm. It captures performance-related compensation or service-based fees that fall outside of primary management or carried interest structures. Tracking this helps investors assess the diversification and secondary revenue-generating capabilities of the firm's investment platforms.

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