TPG Inc. (TPG) — Financial statements
Income statement, balance sheet, and cash flow for TPG Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,667↑77.9% | 2,623↑41.4% | 1,856↑23.3% | 1,504↓73.0% | 5,582 | |
| Cost of Revenue | 145↑65.2% | 88↑127.1% | 39↑78.3% | 22↑26.9% | 17 | |
| Gross Profit | 4,523↑78.3% | 2,536↑39.5% | 1,817↑22.5% | 1,483↓73.4% | 5,565 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 702↑20.3% | 584↑20.7% | 484↑29.9% | 372↑24.7% | 299 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 702↑20.3% | 584↑20.7% | 484↑29.9% | 372↑24.7% | 299 | |
| Other Expenses | 3,136↑58.6% | 1,977↑58.2% | 1,250↑10.2% | 1,134↑88.8% | 601 | |
| Operating Expenses | 3,838↑49.9% | 2,561↑47.7% | 1,734↑15.1% | 1,507↑67.5% | 900 | |
| Total Costs & Expenses | 3,982↑50.4% | 2,648↑49.4% | 1,772↑16.0% | 1,528↑66.7% | 917 | |
| Operating Results | ||||||
| Operating Income | 685↑2859.7% | -25↓129.7% | 84↑452.2% | -24↓100.5% | 4,665 | |
| Depreciation & Amortization | 138↑1.7% | 135↑184.0% | 48↑44.5% | 33↑55.4% | 21 | |
| EBITDA | 826↑646.7% | 111↓15.8% | 131↑1321.6% | 9↓99.8% | 4,686 | |
| EBIT | 688↑2871.2% | -25↓129.7% | 84↑452.2% | -24↓100.5% | 4,665 | |
| Interest & Other Income | ||||||
| Net Interest Income | 94↑2063.5% | -5↓216.5% | 4↑132.9% | -12↓17.7% | -11 | |
| Interest Income | 94↑13.1% | 83↑94.1% | 43↑364.9% | 9↑41.9% | 6 | |
| Interest Expense | 0.00↓100.0% | 88↑127.1% | 39↑78.3% | 22↑26.9% | 17 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -18 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 667↑2785.2% | -25↓129.7% | 84↑452.2% | -24↓100.5% | 4,665 | |
| Income Tax Expense | 67↑28.6% | 52↓13.6% | 60↑85.5% | 32↑259.4% | 9 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 600↑879.5% | -77↓428.9% | 23↑141.6% | -56↓101.2% | 4,656 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 185↑686.0% | 23↓70.7% | 80↓13.3% | 92↓95.8% | 2,181 | |
| Bottom-Line Net Income | 185↑219.2% | -155↓1225.2% | -12↑80.4% | -60↓102.7% | 2,181 | |
| EPS (Basic) | 1.33↑478.3% | 0.23↓74.2% | 0.89↓19.1% | 1.10↓98.3% | 65.75 | |
| EPS (Diluted) | 1.21↑1778.9% | 0.06↓70.7% | 0.22↑215.8% | -0.19↓100.3% | 65.75 | |
| Weighted Average Shares | 139↑38.6% | 100↑24.8% | 80↑1.4% | 79↑11.9% | 71 | |
| Weighted Average Diluted Shares | 153↓58.1% | 365↑14.7% | 318↑2.9% | 309↑336.2% | 71 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.