TPG Earnings Reports

TPG delivered $495 million in fee-related revenue and returned to net profitability, supported by strong capital raising and growth in AUM.

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.