TPG Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $4.7B | $3.5B | $2.4B | $2.0B | $5.0B |
| Operating expenses | $4.1B | $3.6B | $2.4B | $1.9B | $916.6M |
| Pretax income | $666.6M | -$24.8M | $83.7M | — | — |
| Income tax expense | $67.0M | $52.1M | $60.3M | $32.5M | $9.0M |
| Net income | $184.6M | $23.5M | $80.1M | $92.4M | $0 |
| Balance Sheet | |||||
| Cash and equivalents | $826.1M | $808.0M | $665.2M | $1.1B | $972.7M |
| Total assets | $13.5B | $10.5B | $9.4B | $7.9B | $9.0B |
| Total liabilities | $9.4B | $6.9B | $6.0B | $4.2B | $1.7B |
| Stockholders' equity | $4.1B | $3.6B | $3.4B | $3.1B | — |
| Cash Flow Statement | |||||
| Cash from operations | $1.0B | $532.1M | $720.5M | $1.4B | $1.5B |
| Depreciation and amortization | $144.5M | $135.4M | $47.7M | $33.0M | $21.2M |
| Stock-based compensation | $813.7M | $1.0B | $654.9M | $627.7M | $0 |
| Impairments | — | — | $0 | $0 | $0 |
Shares outstanding 384.3M · Free float 41.7%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.