TPG Inc. (TPG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q1'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0 | 1.45B | 807.72M | 670.72M | 719.27M | 721.45M | 614.16M | 586.1M | 614.22M | 658.09M | 282.72M | 437.31M | 439.13M | 380.24M | 417.01M | 93.07M | 592.56M | 1.13B | 741.34M | 1.35B |
| Gross Margin % | - | 97.23% | 96.15% | 96.36% | 96.76% | 96.9% | 96.57% | 96.46% | 96.68% | 97.8% | 97.32% | 98.09% | 98.34% | 98.32% | 98.64% | 95.16% | 99.22% | 99.64% | 99.38% | 99.7% |
| Gross Profit Growth % | -100% | 100.95% | 31.51% | 14.44% | 17.1% | 9.63% | 117.23% | 34.02% | 39.87% | 73.07% | -32.2% | 369.89% | -25.89% | -66.4% | -43.75% | - | - | - | - | - |
| Operating Expenses | 147.94M | 1.15B | 579.58M | 631.39M | 625.1M | 698.92M | 621.71M | 621.29M | 618.84M | 588.92M | 369.19M | 384.13M | 391.36M | 381.04M | 363.37M | 347.46M | 414.76M | 294.88M | 219.58M | 190.53M |
| OpEx % of Revenue | 29.59% | 77.35% | 68.99% | 90.71% | 84.09% | 93.87% | 97.76% | 102.25% | 97.4% | 87.52% | 127.08% | 86.16% | 87.64% | 98.52% | 85.95% | 355.29% | 69.45% | 25.96% | 29.44% | 14.02% |
| Selling, General & Admin | 147.94M | 189.33M | 166.2M | 182.34M | 164.31M | 120.66M | 141.26M | 170.18M | 151.63M | 171.56M | 101.68M | 105M | 105.39M | 94.22M | 96.1M | 78.13M | 103.79M | 91.77M | 81.19M | 61.19M |
| SG&A % of Revenue | 29.59% | 12.7% | 19.78% | 26.2% | 22.1% | 16.21% | 22.21% | 28.01% | 23.87% | 25.5% | 35% | 23.55% | 23.6% | 24.36% | 22.73% | 79.89% | 17.38% | 8.08% | 10.88% | 4.5% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 0 | 296.43M | 228.14M | 39.34M | 94.18M | 22.53M | -7.54M | -35.19M | -4.62M | 69.17M | -86.47M | 53.17M | 47.78M | -799K | 53.64M | -254.4M | 177.81M | 836.71M | 521.76M | 1.16B |
| Operating Margin % | - | 19.88% | 27.16% | 5.65% | 12.67% | 3.03% | -1.19% | -5.79% | -0.73% | 10.28% | -29.76% | 11.93% | 10.7% | -0.21% | 12.69% | -260.13% | 29.77% | 73.67% | 69.95% | 85.68% |
| Operating Income Growth % | -100% | 1215.82% | 3124.07% | 211.79% | 2138.46% | -67.43% | 91.28% | -166.17% | -109.67% | 8756.95% | -261.21% | 120.9% | -73.13% | -100.1% | -89.72% | - | - | - | - | - |
| EBITDA | -66.23M | 337.46M | 269.17M | 70.14M | 125.56M | 60.47M | 24.86M | -3.11M | 28.34M | 92.61M | -78.77M | 61.48M | 56M | 7.56M | 61.01M | -245.84M | 186.51M | 853.04M | 524.01M | 1.17B |
| EBITDA Margin % | -13.25% | 22.63% | 32.04% | 10.08% | 16.89% | 8.12% | 3.91% | -0.51% | 4.46% | 13.76% | -27.11% | 13.79% | 12.54% | 1.96% | 14.43% | -251.38% | 31.23% | 75.11% | 70.25% | 85.78% |
| EBITDA Growth % | -152.75% | 458.07% | 982.92% | 2356.19% | 342.97% | -34.71% | 131.56% | -105.06% | -49.38% | 1124.74% | -229.11% | 125.01% | -69.97% | -99.11% | -88.36% | - | - | - | - | - |
| D&A (Non-Cash Add-back) | 41.75M | 41.03M | 41.03M | 30.81M | 31.38M | 37.94M | 32.4M | 32.08M | 32.97M | 23.45M | 7.7M | 8.3M | 8.22M | 8.36M | 7.37M | 8.56M | 8.7M | 16.33M | 2.25M | 1.36M |
| EBIT | 0 | 296.61M | 228.14M | 39.34M | 94.18M | 22.53M | -7.54M | -35.19M | -4.62M | 69.17M | -86.47M | 53.17M | 47.78M | -799K | 53.64M | -254.4M | 177.81M | 836.71M | 521.76M | 1.16B |
| Net Interest Income | 0 | 38.92M | 3.41M | -15.59M | -14.81M | 20.25M | -9.12M | -7.69M | -8.22M | -1.13M | 3.2M | 1.47M | 553K | -731K | -3.33M | -3.95M | -4.43M | -4.64M | -4.13M | -3.13M |
| Interest Income | 0 | 38.92M | 35.73M | 9.72M | 9.25M | 43.35M | 12.67M | 13.82M | 12.9M | 13.67M | 10.99M | 9.98M | 7.97M | 5.78M | 2.41M | 782K | 204K | 0 | 472K | 979K |
| Interest Expense | 32.74M | 0 | 32.32M | 25.31M | 24.06M | 23.1M | 21.79M | 21.5M | 21.12M | 14.8M | 7.79M | 8.52M | 7.42M | 6.51M | 5.74M | 4.73M | 4.64M | 4.64M | 4.6M | 4.11M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -140.72M | 304.93M | 228.14M | 39.34M | 94.18M | 22.53M | -7.54M | -35.19M | -4.62M | 69.17M | -86.47M | 53.17M | 47.78M | -799K | 53.64M | -254.4M | 177.81M | 836.71M | 521.76M | 1.16B |
| Pretax Margin % | -28.14% | 20.45% | 27.16% | 5.65% | 12.67% | 3.03% | -1.19% | -5.79% | -0.73% | 10.28% | -29.76% | 11.93% | 10.7% | -0.21% | 12.69% | -260.13% | 29.77% | 73.67% | 69.95% | 85.68% |
| Income Tax | -17.45M | 22.51M | 28.91M | 9.23M | 6.35M | 11.43M | 13.88M | 22.39M | 4.39M | 26.76M | 8.24M | 13.16M | 12.1M | 8.95M | 432K | 8.1M | 15M | 2.95M | 1.28M | 3.13M |
| Effective Tax Rate % | 12.4% | 7.38% | 12.67% | 23.45% | 6.74% | 50.75% | -184% | -63.63% | -94.94% | 38.68% | -9.53% | 24.76% | 25.33% | -1120.03% | 0.81% | -3.18% | 8.44% | 0.35% | 0.25% | 0.27% |
| Net Income | -123.28M | 77.11M | 49.3M | 14.94M | 25.39M | 12.98M | 8.96M | -13.98M | 15.52M | 13.17M | 14.67M | 27.2M | 25.05M | -9.75M | 37.36M | -9.86M | 41.32M | 325.86M | 520.48M | 1.16B |
| Net Margin % | -24.65% | 5.17% | 5.87% | 2.15% | 3.42% | 1.74% | 1.41% | -2.3% | 2.44% | 1.96% | 5.05% | 6.1% | 5.61% | -2.52% | 8.84% | -10.08% | 6.92% | 28.69% | 69.78% | 85.45% |
| Net Income Growth % | -585.47% | 494.1% | 450.15% | 206.9% | 63.63% | -1.47% | -38.9% | -151.4% | -38.06% | 235.14% | -60.74% | 375.84% | -39.37% | -102.99% | -92.82% | - | - | - | - | - |
| Net Income (Continuing) | -123.28M | 282.42M | 199.23M | 30.11M | 87.83M | 11.09M | -21.43M | -57.58M | -9.01M | 42.41M | -94.71M | 40.01M | 35.67M | -9.75M | 53.21M | -262.5M | 162.8M | 833.76M | 520.48M | 1.16B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 2.59B | 2.95B | 2.63B | 2.57B | 2.68B | 2.81B | 2.66B | 2.59B | 2.58B | 2.78B | 2.5B | 2.6B | 2.49B | 2.58B | 3.27B | 3.58B | 3.9B | 5.65B | 5.1B | 0 |
| EPS (Diluted) | -0.22 | 0.50 | 0.20 | -0.05 | 0.00 | -0.06 | -0.08 | -0.04 | 0.02 | 0.04 | -0.09 | 0.02 | -0.01 | -0.03 | 0.09 | -0.37 | 0.11 | 10.54 | 6.73 | 15.02 |
| EPS Growth % | - | 950.34% | 365.96% | -16.82% | -83.91% | -257.22% | 16.44% | -383.44% | 330% | 218.35% | -200% | 104.08% | -109.09% | -100.3% | -98.66% | - | - | - | - | - |
| EPS (Basic) | -0.05 | 0.50 | 0.33 | 0.03 | 0.08 | 0.04 | -0.27 | -0.15 | 0.09 | 0.16 | 0.14 | 0.32 | 0.27 | -0.12 | 0.44 | -0.15 | 0.52 | 10.54 | 6.73 | 15.02 |
| Diluted Shares Outstanding | 383.71M | 152.81M | 378.35M | 370.14M | 369.36M | 364.95M | 364.84M | 364.77M | 364.35M | 343.89M | 309.27M | 309.19M | 309.14M | 308.92M | 308.92M | 308.89M | 308.89M | 79.36M | 77.3M | 77.3M |
| Basic Shares Outstanding | 159.64M | 153.65M | 150.53M | 133.4M | 117.41M | 106.61M | 103.36M | 101.69M | 89.11M | 84.72M | 80.62M | 80.54M | 79.5M | 79.24M | 79.27M | 79.24M | 79.24M | 79.36M | 77.3M | 77.3M |
| Dividend Payout Ratio | - | 325.92% | 1004.8% | 1482.4% | 1027.36% | 1586.92% | 2285.04% | - | 1361.03% | 1493.33% | 653.7% | 527.81% | 826.54% | - | 561.5% | - | 859.77% | 193.15% | 34.26% | 16.61% |