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TPVGTriplePoint Venture Growth BDC Corp.
$4.37$177M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
TPVG logo

TriplePoint Venture Growth BDC Corp.

TPVG
NYSE · BDCs & Private Credit
$4.37
At close - Nov 6, 4:00 PM EST - USD
Market Cap$177M
P/E8.2x
52W High$6.95
Volume474.69K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Eroding Spread Income Masks Fragile Dividend Coverage Risk

TPVG's net interest income has compressed from $22.6M in 2024Q1 to negative $8.3M in 2026Q2, and net interest margin has swung from 2.9% to -1.0%, suggesting the core lending spread is deteriorating rather than recovering.

GrowthMixed
ProfitabilityWeak
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

TPVG price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

1/12 Beats

EPS beat 1 of last 12 quarters

02

Valuation risk

-29% Peers

P/E is 29% below peer median

03

Market leadership

RS 37 · Lag

Laggard (Underperforming 63% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Feb 4

Market performance

Price History →

Trailing total returns as of 11/9/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
TPVG-22.89%
S&P 500 (^GSPC)+7.63%
1-Year Return
TPVG-6.28%
S&P 500 (^GSPC)+9.69%
3-Year Return
TPVG-21.26%
S&P 500 (^GSPC)+67.30%
5-Year Return
TPVG-41.06%
S&P 500 (^GSPC)+55.76%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
8.2x
Forward P/EExpansion
5.1x
EV/EBITDA67th %ile
15.9x
FCF YieldCash Flow
56.6%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
8.2x
7.3x
67th· Fair
EV/EBITDA
15.9x
12.4x
67th· Fair
Price/FCF
1.8x
7.9x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$71M+55.3% YoY
Net income FY25
$49M+53.6% YoY
Free cash flow FY25
-$57M-137.3% YoY
Operating margin FY25
107.1%+36.7 pts YoY
ROIC (FY25)7.2%
Avg ROIC 5Y2.6%
ROE (TTM)6.2%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate1/12 (8%)
Revenue Beat Rate0/12 (0%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 4, 2026
$0.16-27.3%
vs $0.22
$20M-9.1%
vs $22M
Q3 2026
Aug 5, 2026
$0.21-11.6%
vs $0.24
$22M-3.2%
vs $23M
Q2 2026
May 6, 2026
$0.23-8.0%
vs $0.25
$23M-1.6%
vs $23M
Q2 2026
Mar 4, 2026
$0.25-3.8%
vs $0.26
$23M-5.2%
vs $24M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Defense World·4d ago
TriplePoint Venture Growth BDC (NYSE:TPVG) versus Vinci Compass Investments (NASDAQ:VINP) Critical Comparison

TriplePoint Venture Growth BDC (NYSE: TPVG - Get Free Report) and Vinci Compass Investments (NASDAQ: VINP - Get Free Report) are both small-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, valuation, profitability, institutional ownership, analyst recommendations, risk and dividends. Valuation and Earnings This

Seeking Alpha·4d ago
TriplePoint Venture Growth BDC Corp. (TPVG) Q3 2026 Earnings Call Transcript

TriplePoint Venture Growth BDC Corp. (TPVG) Q3 2026 Earnings Call Transcript

Zacks Investment Research·4d ago
TriplePoint Venture Growth (TPVG) Q3 Earnings and Revenues Miss Estimates

TriplePoint Venture Growth (TPVG) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.26 per share a year ago.

Business Wire·4d ago
TriplePoint Venture Growth BDC Corp. Announces Third Quarter 2026 Financial Results

MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the third quarter ended September 30, 2026. The Company previously announced on October 14, 2026 that its Board of Directors declared its fourth quarter 2026 regu.

Filtered for TriplePoint Venture Growth BDC Corp.More Headlines
04

Compare before deciding

Benchmark TPVG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for TriplePoint Venture Growth BDC Corp. (TPVG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.Current
$4.37$177.42M8.1755.25%58.87%6.24%23.45%
HRZN logoHRZNHorizon Technology Finance Corporation
$3.96$198.32M-20.03327.86%-27.82%-4.86%31.66%
HTGC logoHTGCHercules Capital, Inc.
$16.16$3.02B9.0528.6%81.68%15.8%8.77%
SUNS logoSUNSSunrise Realty Trust, Inc.
$6.76$91.38M6.93148.14%38.85%7.12%17.39%
CSWC logoCSWCCapital Southwest Corporation
$23.26$1.45B15.9464.73%55.86%10.22%9.62%
ARCC logoARCCAres Capital Corporation
$19.13$13.74B15.74-11.83%55%6.23%9.45%

Compare TPVG vs Peers

TriplePoint Venture Growth BDC Corp. (TPVG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HRZN

Most directly comparable listed peer for TPVG.

Scale Benchmark

vs ACGL

Larger-name benchmark to compare TPVG against a more recognizable public peer.

Peer Set

Compare Top 5

vs HRZN, HTGC, SUNS, CSWC

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

TPVG SEC Filings & Documents

TriplePoint Venture Growth BDC Corp. (TPVG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 5, 2026·SEC

Material company update

May 6, 2026·SEC

Material company update

May 1, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 4, 2026·SEC

FY 2025

Mar 5, 2025·SEC

FY 2024

Mar 6, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 5, 2026·SEC

FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

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TPVG Frequently Asked Questions

TriplePoint Venture Growth BDC Corp. (TPVG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is TriplePoint Venture Growth BDC Corp. growing?

TriplePoint Venture Growth BDC Corp. (TPVG) revenue fell by 16.0% over the trailing twelve months, compared with the twelve months before.

Is TPVG profitable?

Yes. TriplePoint Venture Growth BDC Corp. (TPVG) earned $21.8M in net income over the trailing twelve months (a 58.9% net margin).

Dividend & Returns
Does TPVG pay dividends?

Yes. TriplePoint Venture Growth BDC Corp. (TPVG) pays a dividend that yields 23.45% at the current price, a high yield.

What is TPVG's return on equity?

TriplePoint Venture Growth BDC Corp. (TPVG) had a return on equity (ROE) of 6.2% over the trailing twelve months. That is below the market's typical 10-15%.

Industry Metrics
What is TriplePoint Venture Growth BDC Corp.'s net interest margin?

TriplePoint Venture Growth BDC Corp. (TPVG) has a net interest margin (NIM) of 7.4%. This indicates healthy earnings from lending activities.

What is TriplePoint Venture Growth BDC Corp.'s efficiency ratio?

TriplePoint Venture Growth BDC Corp. (TPVG) has an efficiency ratio of 7.7%. This is excellent, indicating strong cost control.

What if you invested $1,000 in TPVG back in 2014?

Total return calculator · dividends reinvested · 12+ years of data

See returns →