NASDAQ$TPG

TPG Inc. · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

TPG reported Q1 2026 total revenues of $500M and a net loss attributable to TPG Inc. of $1.5M, with negative performance fees on marks.

TPG generated total revenues of $500.0 million, down from $1.03 billion, as capital allocation-based income swung to a $(120) million loss from $491 million of gains a year ago. Fees and other revenue rose to $620 million. Net loss attributable to TPG Inc. was $1.5 million; the asset manager cited volatile public marks and continued fundraising across private equity and real assets.

  • Total revenues $500M; fee revenue $620M.
  • Capital allocation income $(120)M vs +$491M prior year.
  • Net loss attributable to TPG Inc. $(1.5)M.
  • Fundraising and carry realization timing drive quarterly volatility.

Headline financials

Total Revenue

$500M

Previous: $1.03B-51.7%
EPS (adj)

-$0.22

Previous: $0.38-157.9%
Net Income

-$1.45M

Previous: $25.4M-105.7%

Revenue & EPS history

TPG · Revenue · Quarterly

$500M

Q1 2026-51.7%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

The 10-Q does not provide numeric consolidated annual EPS guidance for TPG. Management commentary in MD&A covers costs, capital, and sector-specific risks.

Tailwinds

  • Management discusses operational priorities and liquidity in the quarterly filing.
  • Segment or product trends are disclosed where applicable to the business model.

Headwinds

  • Macro, input-cost, and interest-rate exposure can affect near-term results.
  • One-time items, impairments, or fair-value marks may distort quarterly comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.9%

Avg return

Earnings day

+2.6%

Avg return

5 days after

-0.9%

Avg return

30 days after

53%

9 / 17 earnings

Positive

+25.6%

Q3 2022

Best reaction

-7.8%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.3%+3.2%-2.4%
Q4 2025-4.5%-5.4%-23.2%
Q3 2025-2.6%+0.6%+11.0%
Q1 2025+0.2%+13.7%+8.8%
Q4 2024-2.5%-4.8%-25.4%
Q3 2024-7.7%+0.4%+5.8%
Q2 2024+1.5%+7.2%+15.6%
Q1 2024-4.6%-5.9%-12.2%
Q4 2023-3.9%-4.9%-2.2%
Q3 2023+6.2%+7.5%+25.7%
Q2 2023-7.8%-7.7%-3.6%
Q1 2023+0.3%-1.7%+8.2%
Q4 2022+2.0%+3.1%-16.6%
Q3 2022+25.6%+19.0%-1.5%
Q2 2022+6.5%+7.2%+2.3%
Q1 2022+3.2%+9.8%+9.4%
Q4 2021+4.2%+2.9%-14.3%
Q3 2021
Q2 2021
Q1 2021
Q4 2020

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