TPG revenue and financials
$44.97Change from previous close: +1.06%Absolute change: +$0.47
In the fiscal year ended December 2025, TPG reported revenue of $4.67B (+33.43% year over year). Net income was $184.59M, a net margin of 4.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +33.43%
- 2025 vs 2024
- Net income growth
- +686.05%
- 2025 vs 2024
- Net margin
- 4.0%
- 2024: 0.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 348 | 177 | -43.7 | 492 | 386 | 198 | -188 | 68.9 | 215 | 437 | -512 | 692 |
| Depreciation and amortization | 41.3 | 41.8 | 41.3 | 41.0 | 30.8 | 31.4 | 37.9 | 32.4 | 32.1 | 33.0 | 23.4 | 7.7 |
| Capital expenditure | -19.5 | -16.3 | -9.3 | -10.0 | -3.1 | -6.3 | -1.5 | -10.6 | -6.5 | -9.7 | -6.2 | -5.6 |
| Investing cash flow | -19.5 | -516 | -9.3 | -245 | -3.1 | -6.3 | -1.5 | -10.6 | -7.1 | -25.3 | -363 | -5.6 |
| Financing cash flow | -234 | 365 | -201 | -278 | -92.8 | -178 | -167 | -14.8 | -177 | 14.3 | 316 | -356 |
| Dividends paid | -257 | -327 | -251 | -495 | -221 | -261 | -206 | -205 | -211 | -211 | -197 | -95.9 |
| Share repurchases | -2.0 | -209 | -6.0 | -2.9 | -1.6 | -180 | -5.1 | -1.0 | -3.5 | -58.0 | -0.4 | -261 |
| Debt issued | 158 | 1,058 | 55.0 | 805 | 224 | 255 | 70.0 | 100 | — | 1,219 | 501 | — |
| Debt repaid | -158 | -433 | -125 | -615 | -97.0 | -54.0 | -118 | — | — | -920 | — | — |
| Effect of exchange rates | -0.8 | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | 93.2 | 25.4 | -254 | -31.6 | 290 | 14.1 | -357 | 43.6 | 30.2 | 426 | -559 | 331 |
| Free cash flow | 328 | 160 | -53.0 | 482 | 383 | 192 | -190 | 58.4 | 208 | 427 | -518 | 687 |