NASDAQ$TPG

TPG Inc. · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

TPG reported Q4 2025 results with AUM exceeding $300 billion.

TPG highlighted record 2025 fundraising above $51 billion and deployments of $52 billion, driving AUM past $300 billion. Dry powder stood at $72 billion entering 2026. The company declared a $0.61 quarterly dividend per Class A share.

  • AUM surpassed $300 billion.
  • 2025 fundraising >$51B; deployments $52B.
  • $72B dry powder at year-end.
  • Quarterly dividend $0.61 per Class A share.

Headline financials

Total Revenue

$628M

Previous: $1.08B-41.6%
EPS (adj)

$0.71

Previous: $0.62+14.5%
Net Income

$282M

Previous: $11.1M+2445.7%
Operating Income

$0.00

Previous: $22.5M-100.0%

Revenue & EPS history

TPG · Revenue · Quarterly

$628M

Q4 2025-41.6%vs Q4 2024
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

Quarterly dividend of $0.61 per Class A share; $72 billion dry powder entering 2026.

Tailwinds

  • AUM surpassed $300 billion.
  • 2025 fundraising exceeded $51 billion and deployments $52 billion.
  • Double-digit value creation across platforms cited by management.

Headwinds

  • Carried interest and realizations are cyclical.
  • Fundraising and deployment pace may slow in risk-off markets.
  • Alt-asset fee revenues sensitive to markets and exits.

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 Q4 2025

Historical avgQ4 2025

+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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