TPG Earnings Reports

TPG delivered strong Q1 2025 results with increased revenue and net income, reflecting robust fundraising activity and expansion in fee-generating AUM.

TPG Inc. reported an increase in revenue for Q4 2024, reaching $1.08 billion, up from $983.1 million in Q4 2023. Net income declined to $11.1 million compared to $42.4 million in the prior-year quarter. Adjusted EPS decreased to $0.04 from $0.16 in Q4 2023. Fee-related earnings dropped to $190 million from $226 million, while after-tax distributable earnings increased to $261 million from $206 million. Assets under management (AUM) rose to $245.9 billion, reflecting an 11% year-over-year growth.

TPG reported Q3 2024 results with $239 billion in assets under management, a 76% increase year-over-year. The firm deployed nearly $23 billion of capital, generated realizations of almost $16 billion, and raised more than $21 billion across its strategies through the first three quarters of the year. GAAP net income attributable to TPG Inc. was $9 million, with basic net income per share of $0.04. Fee-Related Earnings increased by 22% year-over-year to $191 million, resulting in a Fee-Related Earnings margin of 41%. After-tax Distributable Earnings were $189 million, or $0.45 per share.

TPG reported a net loss of $14 million for the second quarter of 2024, but experienced growth in assets under management and fee-related earnings. AUM increased significantly year-over-year, and fee-related earnings also saw substantial growth.

TPG reported strong first quarter results, driven by organic growth and the acquisition of Angelo Gordon. Total AUM reached $224 billion, and Fee-Related Earnings increased by 84% year-over-year.

TPG reported its Q4 and Full Year 2023 results, which included GAAP net income attributable to TPG Inc. of $13 million, Fee-Related Earnings of $226 million, and After-tax Distributable Earnings of $206 million. The company's total assets under management reached $222 billion. A dividend of $0.44 per share of Class A common stock was declared.

TPG reported strong Q3 2023 financial results, with a 29% year-over-year increase in fee-related earnings to $156 million. The company also completed the acquisition of Angelo Gordon, expanding its AUM to $212 billion.

TPG reported GAAP net income attributable to TPG Inc. of $27 million for the second quarter ended June 30, 2023. Fee-Related Earnings increased by 23% year-over-year to $125 million, resulting in a Fee-Related Earnings margin of 44%. Total assets under management reached $139 billion as of June 30, 2023, a 9% increase compared to the previous year.

TPG reported its first quarter 2023 results, with $137 billion in assets under management, a net income of $25 million, and Fee-Related Earnings of $99 million. They also announced the acquisition of Angelo Gordon.

TPG reported a nearly 20% year-over-year increase in total AUM, reaching $135 billion, driven by $30 billion of new capital raised. The company's fee-related earnings grew by 39% from pro forma 2021, reaching $454 million for the year. After-tax Distributable Earnings for the quarter ended December 31, 2022 was $227 million, or $0.59 per share.

TPG reported a GAAP net income of $37 million and Fee-Related Earnings of $121 million. The total AUM reached $135 billion, a 24% increase year-over-year, driven by strong fundraising activity. The company announced a dividend of $0.26 per share of Class A common stock.

TPG reported strong second-quarter financial results, with AUM increasing to $127 billion, driven by significant fundraising activity. The company raised $13 billion during the quarter and $31 billion over the last twelve months. After-tax Distributable Earnings tripled compared to the pro forma period in 2021.

TPG Inc. reported strong financial results for the first quarter of 2022, highlighting momentum across its five multi-product platforms. The company's after-tax distributable earnings more than tripled compared to the same period in 2021, and total assets under management increased by 26%. TPG also announced its first dividend as a public company.

TPG's Q4 2021 results marked the completion of an outstanding year, driven by growth and value creation across its five multi-product platforms. The company's recent IPO was a milestone, demonstrating the earnings power of the business.