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TPVG logoTriplePoint Venture Growth BDC Corp.(TPVG)Earnings, Financials & Key Ratios

TPVG•NYSE•Banking & Credit
$5.57
$226M mkt cap·4.6× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryPrivate credit and BDC lenders
AboutTriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.Show more
  • Net Interest Income$62M-23.5%
  • Total Revenue$97M+36.6%
  • Net Income$49M+53.6%
  • Return on Equity14.07%+51.9%
  • Net Interest Margin7.35%-30.5%
  • Efficiency Ratio5.61%-70.4%
  • ROA6.14%+66.9%
  • Equity / Assets42.12%-7.0%
  • Book Value per Share8.78-0.7%
  • Tangible BV/Share8.78-0.7%
  • Debt/Equity1.33+15.0%
Technical→

TPVG Key Insights

TriplePoint Venture Growth BDC Corp. (TPVG) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong NIM of 7.4%
  • ✓Efficient operations: 5.6% efficiency ratio
  • ✓Well capitalized: 42.1% equity/assets
  • ✓Trading at only 0.6x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 4.3%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

TPVG Price & Volume

TriplePoint Venture Growth BDC Corp. (TPVG) stock price & volume — 10-year historical chart

Loading chart...

TPVG Growth Metrics

TriplePoint Venture Growth BDC Corp. (TPVG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years15.74%
5 Years11.07%
3 Years93.61%
TTM-

Profit CAGR

10 Years12.23%
5 Years6.86%
3 Years-
TTM25.37%

EPS CAGR

10 Years1.71%
5 Years1.01%
3 Years-
TTM-2.15%

Return on Capital

10 Years5.6%
5 Years3.31%
3 Years3.04%
Last Year9.45%

TPVG Recent Earnings

TriplePoint Venture Growth BDC Corp. (TPVG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 2/12 qtrs (17%)●Beat Revenue 0/12 qtrs (0%)
Q2 2026Latest
Mar 4, 2026
EPS
$0.25
Est $0.26
-3.8%
Revenue
$23M
Est $24M
-5.2%
Q4 2025
Nov 5, 2025
EPS
$0.26
Est $0.29
-10.3%
Revenue
$22M
Est $24M
-6.8%
Q3 2025
Aug 6, 2025
EPS
$0.28
Est $0.30
-6.7%
Revenue
$23M
Est $24M
-4.7%
Q2 2025
May 7, 2025
EPS
$0.27
Est $0.30
-10.0%
Revenue
$21M
Est $25M
-15.3%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 4, 2026
$0.25vs $0.26-3.8%
$23Mvs $24M-5.2%
Q4 2025Nov 5, 2025
$0.26vs $0.29-10.3%
$22Mvs $24M-6.8%
Q3 2025Aug 6, 2025
$0.28vs $0.30-6.7%
$23Mvs $24M-4.7%
Q2 2025May 7, 2025
$0.27vs $0.30-10.0%
$21Mvs $25M-15.3%
Based on last 12 quarters of dataView full earnings history →

TPVG Peer Comparison

TriplePoint Venture Growth BDC Corp. (TPVG) competitors in Private credit and BDC lenders — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
HRZN logoHRZNHorizon Technology Finance CorporationDirect Competitor218.97M4.584.3617.91%8.95%1.49
HTGC logoHTGCHercules Capital, Inc.Direct Competitor3.02B16.448.8926.97%13.18%1.04
SUNS logoSUNSSunrise Realty Trust, Inc.Direct Competitor103.48M7.718.12148.14%46.04%6.6%0.67
CSWC logoCSWCCapital Southwest CorporationDirect Competitor1.44B24.1916.467.67%10.32%1.08
ARCC logoARCCAres Capital CorporationProduct Competitor13.76B19.1610.3032.87%8.11%1.12
GBDC logoGBDCGolub Capital BDC, Inc.Product Competitor3.47B13.319.3742.5%5.24%1.23
FSCO logoFSCOFS Credit Opportunities Corp.Product Competitor1.04B5.235.51-17.44%13.47%0.32
OBDC logoOBDCBlue Owl Capital CorporationProduct Competitor5.84B11.769.4852.55%7.29%1.26

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

TPVG Income Statement

TriplePoint Venture Growth BDC Corp. (TPVG) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Net Interest Income43.49M-9.08M60.52M75.85M69.44M93.67M100.21M80.73M61.74M45.27M
NII Growth %19.2%-120.88%766.51%25.33%-8.45%34.9%6.98%-19.44%-23.52%-166.39%
Net Interest Margin %8.52%-1.94%8.85%11.1%7.49%9.23%10.24%10.58%7.35%5.61%
Interest Income50.03M070.52M88.57M82.83M116.57M133.25M106.38M88.26M85.27M
Interest Expense6.55M9.08M10.01M12.73M13.39M22.9M33.04M25.66M26.52M29.27M
Loan Loss Provision06.54M000000-10.49M-18.35M
Non-Interest Income-16.33M41.53M-20.32M-31.08M17.91M-103.18M-127.28M-35.2M8.95M7.61M
Non-Interest Income %-48.47%100%-40.47%-54.05%17.78%-770.27%-2131.98%-49.44%9.2%8.2%
Total Revenue
33.7M▲ 0%
41.53M▲ 23.2%
50.21M▲ 20.9%
57.5M▲ 14.5%
100.74M▲ 75.2%
13.39M▼ 86.7%
5.97M▼ 55.4%
71.19M▲ 1092.4%
97.21M▲ 36.6%
92.89M▲ 0%
Revenue Growth %43.71%23.22%20.9%14.52%75.21%-86.7%-55.43%1092.41%36.55%965.46%
Non-Interest Expense889K4.96M8.44M9.46M10.79M10.56M12.75M13.49M5.45M15.39M
Efficiency Ratio2.64%11.95%16.82%16.46%10.71%78.84%213.6%18.94%5.61%16.57%
Operating Income
26.27M▲ 0%
34.99M▲ 33.2%
31.76M▼ 9.2%
35.31M▲ 11.2%
76.56M▲ 116.8%
-20.07M▼ 126.2%
-39.82M▼ 98.4%
32.05M▲ 180.5%
75.73M▲ 136.3%
43.16M▲ 0%
Operating Margin %77.94%84.26%63.26%61.41%76%-149.83%-667.02%45.02%77.9%46.47%
Operating Income Growth %14.15%33.21%-9.23%11.18%116.84%-126.22%-98.41%180.48%136.31%-
Pretax Income
19.23M▲ 0%
36.56M▲ 90.2%
31.76M▼ 13.1%
35.31M▲ 11.2%
76.56M▲ 116.8%
-20.07M▼ 126.2%
-39.82M▼ 98.4%
32.05M▲ 180.5%
49.21M▲ 53.6%
46.08M▲ 0%
Pretax Margin %57.05%88.05%63.26%61.41%76%-149.83%-667.02%45.02%50.62%49.61%
Income Tax0000000000
Effective Tax Rate %0%0%0%0%0%0%0%0%0%0%
Net Income
19.23M▲ 0%
36.56M▲ 90.2%
31.76M▼ 13.1%
35.31M▲ 11.2%
76.56M▲ 116.8%
-20.07M▼ 126.2%
-39.82M▼ 98.4%
32.05M▲ 180.5%
49.21M▲ 53.6%
46.08M▲ 0%
Net Margin %57.05%88.05%63.26%61.41%76%-149.83%-667.02%45.02%50.62%49.61%
Net Income Growth %72.81%90.16%-13.14%11.18%116.84%-126.22%-98.41%180.48%53.55%25.37%
Net Income (Continuing)19.23M36.56M31.76M35.31M76.56M-20.07M-39.82M32.05M49.21M36.52M
EPS (Diluted)
1.18▲ 0%
1.78▲ 50.8%
1.28▼ 28.1%
1.16▼ 9.4%
2.47▲ 112.9%
-1.43▼ 157.9%
-1.12▲ 21.7%
0.82▲ 173.2%
1.22▲ 48.8%
1.14▲ 0%
EPS Growth %71.01%50.85%-28.09%-9.38%112.93%-157.89%21.68%173.21%48.78%-2.15%
EPS (Basic)1.181.781.281.162.47-1.43-1.120.821.22-
Diluted Shares Outstanding16.32M20.49M24.84M30.57M30.94M32.69M35.71M39.1M40.28M40.49M

TPVG Balance Sheet

TriplePoint Venture Growth BDC Corp. (TPVG) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash & Short Term Investments129.39M23.38M20.29M38.22M51.27M51.49M153.33M45.9M20.36M111.36M
Cash & Due from Banks4.48M3.38M20.29M38.22M51.27M51.49M153.33M45.9M20.36M8.57M
Short Term Investments124.91M20M00000000
Total Investments-104.86M8.07M48.61M50.44M0000783.54M785.63M
Investments Growth %-308.23%107.7%502.29%3.77%-100%----0%
Long-Term Investments-229.77M-11.93M48.61M50.44M0000783.54M1.58B
Accounts Receivables0000000000
Goodwill & Intangibles0000000000
Goodwill0000000000
Intangible Assets0000000000
PP&E (Net)0000000000
Other Assets608.34M453.09M612.28M592.95M875.38M961.17M823.11M717.14M35.74M0
Total Current Assets131.71M25.89M23.26M40.12M52.28M53.36M155.71M45.9M20.36M8.57M
Total Non-Current Assets378.57M441.16M660.89M643.39M875.38M961.17M823.11M717.14M819.28M0
Total Assets
510.28M▲ 0%
467.05M▼ 8.5%
684.15M▲ 46.5%
683.51M▼ 0.1%
927.67M▲ 35.7%
1.01B▲ 9.4%
978.83M▼ 3.5%
763.04M▼ 22.0%
839.65M▲ 10.0%
807.09M▲ 0%
Asset Growth %17.52%-8.47%46.48%-0.09%35.72%9.36%-3.52%-22.05%10.04%29.42%
Return on Assets (ROA)4.07%7.48%5.52%5.16%9.5%-2.07%-4%3.68%6.14%5.64%
Accounts Payable124.91M20M03.09M000000
Total Debt139.43M95.94M335.75M261.11M467.5M566.98M607.9M398.83M469.08M0
Net Debt134.95M92.56M315.47M222.89M416.23M515.49M454.57M352.93M448.72M-8.57M
Long-Term Debt72.43M72.94M335.75M261.11M467.5M566.98M607.9M398.83M469.08M0
Short-Term Debt67M23M00000000
Other Liabilities2.63M4.35M15.89M18.88M25.68M27.61M24.62M18.53M16.95M0
Total Current Liabilities200.28M55.23M03.09M000000
Total Non-Current Liabilities75.06M77.29M351.64M279.99M493.18M594.59M632.52M417.35M486.03M0
Total Liabilities275.34M132.52M351.64M283.07M493.18M594.59M632.52M417.35M486.03M456.11M
Total Equity
234.94M▲ 0%
334.53M▲ 42.4%
332.51M▼ 0.6%
400.44M▲ 20.4%
434.49M▲ 8.5%
419.94M▼ 3.3%
346.31M▼ 17.5%
345.69M▼ 0.2%
353.62M▲ 2.3%
350.98M▲ 0%
Equity Growth %8.84%42.39%-0.61%20.43%8.5%-3.35%-17.53%-0.18%2.3%-0.3%
Equity / Assets (Capital Ratio)46.04%71.63%48.6%58.59%46.84%41.39%35.38%45.3%42.12%43.49%
Return on Equity (ROE)8.53%12.84%9.52%9.63%18.34%-4.7%-10.39%9.26%14.07%13.09%
Book Value per Share14.3916.3313.3813.1014.0412.859.708.848.788.67
Tangible BV per Share14.3916.3313.3813.1014.0412.859.708.848.788.67
Common Stock177K248K249K309K310K353K376K401K405K41.01M
Additional Paid-in Capital235.49M331.33M333.05M412.51M414.22M470.57M492.93M513.72M514.4M0
Retained Earnings-720K2.95M-795K-12.39M19.96M-50.98M-147M-168.43M-161.18M0
Accumulated OCI-1.7M000000000
Treasury Stock0000000000
Preferred Stock0000000000

TPVG Cash Flow Statement

TriplePoint Venture Growth BDC Corp. (TPVG) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations25.1M-17.82M-187.54M30.42M-144.68M-100.89M49.23M152.92M20.07M-57.03M
Operating CF Growth %126.79%-170.99%-952.35%116.22%-575.64%30.27%148.8%210.63%-86.87%-289.06%
Net Income19.23M36.56M31.76M35.31M76.56M-20.07M-39.82M32.05M046.08M
Depreciation & Amortization-1.01M4.99M-2.03M0-4.6M-8.38M00-2.22M-962K
Deferred Taxes0000000000
Other Non-Cash Items-79.3M39.52M-196.03M-8.95M-224.33M-73.52M92.56M128.75M23.81M-21.22M
Working Capital Changes86.18M-98.89M-21.24M4.06M7.69M1.08M-3.5M-7.87M-1.51M-8.47M
Cash from Investing-318.15M-158.61M-397.18M30.16M-417.37M-421M56.92M0-77.11M-105.33M
Purchase of Investments-318.15M-158.61M-397.18M-206.14M-417.37M-421M-126.99M-136.02M-291.19M-260.9M
Sale/Maturity of Investments0320.31M223.04M236.3M238.34M276.18M183.91M0214.08M184.11M
Net Investment Activity-318.15M161.7M-174.15M30.16M-179.02M-144.82M56.92M-136.02M-77.11M-76.79M
Acquisitions0000000000
Other Investing00-223.04M0-238.34M-276.18M0136.02M0-28.54M
Cash from Financing-30.57M17.76M204.03M-42.35M159.15M101M6.17M-245.78M25.67M25.87M
Dividends Paid-22.62M-31.59M-33.78M-42.53M-45.59M-49.59M-54.92M-52.09M-41.27M-54.55M
Share Repurchases0000000000
Stock Issued22.47M94.61M078.24M055.11M21.11M19.43M00
Net Stock Activity22.47M94.61M078.24M055.11M21.11M19.43M00
Debt Issuance (Net)-1000K-1000K1000K-1000K1000K1000K1000K-1000K1000K1000K
Other Financing0-1.26M-1.49M45.28M-2.51M-4.52M-26K-3.11M0-7.23M
Net Change in Cash
-5.47M▲ 0%
-57K▲ 99.0%
16.49M▲ 29033.3%
18.24M▲ 10.6%
14.47M▼ 20.7%
113K▼ 99.2%
112.32M▲ 99300.0%
-92.86M▼ 182.7%
-31.36M▲ 66.2%
-32.66M▲ 0%
Exchange Rate Effect318.15M158.61M397.18M0417.37M421M0001
Cash at Beginning15.48M10.01M9.95M26.44M44.68M59.15M59.26M171.58M78.73M47.37M
Cash at End10.01M9.95M26.44M44.68M59.15M59.26M171.58M78.73M47.37M9.05M
Interest Paid0000000000
Income Taxes Paid0000000000
Free Cash Flow
25.1M▲ 0%
-17.82M▼ 171.0%
-187.54M▼ 952.4%
30.42M▲ 116.2%
-144.68M▼ 575.6%
-100.89M▲ 30.3%
49.23M▲ 148.8%
152.92M▲ 210.6%
-57.03M▼ 137.3%
35.1M▲ 0%
FCF Growth %126.79%-170.99%-952.35%116.22%-575.64%30.27%148.8%210.63%-137.3%-72.96%

TPVG Banking Ratios

TriplePoint Venture Growth BDC Corp. (TPVG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)8.53%12.84%9.52%9.63%18.34%-4.7%-10.39%9.26%14.07%13.09%
Return on Assets (ROA)4.07%7.48%5.52%5.16%9.5%-2.07%-4%3.68%6.14%5.64%
Net Interest Margin8.52%-1.94%8.85%11.1%7.49%9.23%10.24%10.58%7.35%5.61%
Efficiency Ratio2.64%11.95%16.82%16.46%10.71%78.84%213.6%18.94%5.61%16.57%
Equity / Assets46.04%71.63%48.6%58.59%46.84%41.39%35.38%45.3%42.12%43.49%
Book Value / Share14.3916.3313.3813.114.0412.859.78.848.788.67
NII Growth19.2%-120.88%766.51%25.33%-8.45%34.9%6.98%-19.44%-23.52%-39.31%
Dividend Payout117.63%80.79%106.38%-59.55%--162.55%83.88%0%

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

May 6, 2026·SEC

Material company update

May 1, 2026·SEC

Material company update

Mar 4, 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

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

TPVG Frequently Asked Questions

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

Growth & Financials

TriplePoint Venture Growth BDC Corp. (TPVG) grew revenue by 36.6% over the past year. This is strong growth.

Yes, TriplePoint Venture Growth BDC Corp. (TPVG) is profitable, generating $46.1M in net income for fiscal year 2025 (50.6% net margin).

Dividend & Returns

Yes, TriplePoint Venture Growth BDC Corp. (TPVG) pays a dividend with a yield of 18.40%. This makes it attractive for income-focused investors.

TriplePoint Venture Growth BDC Corp. (TPVG) has a return on equity (ROE) of 14.1%. This is reasonable for most industries.

Industry Metrics

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

TriplePoint Venture Growth BDC Corp. (TPVG) has an efficiency ratio of 5.6%. This is excellent, indicating strong cost control.

Explore More TPVG

TriplePoint Venture Growth BDC Corp. (TPVG) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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