TPG · XBRL financial data

TPG financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (TPG's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue	983*	824	744	855	1,076*	1,035	921	1,224	1,491*	500	1,841	1,221
Revenue from contracts with customers	530*	512	523	525	527*	543	569	596	715*	620	705	713
General and administrative	172*	152	170	141	121*	164	182	166	189*	148	174	172
Total operating expenses	923*	836	777	867	1,098*	948	890	1,031	1,225*	649	1,497	1,036
Interest expense	12*	17	20	20	21*	22	24	28	28*	31	35	34
Other income (expense)	—	0	0	0	—	—	—	—	—	—	—	—
Income tax expense (benefit)	27*	4	22	14	11*	6	9	29	23*	(17)	36	58
Net income (loss)	13*	16	(14)	9	13*	25	15	67	77*	(1)	93	100
Earnings per share, basic USD per share	0.16*	0.09	(0.15)	0.04	—	0.08	0.03	0.33	0.50*	(0.05)	0.44	0.45
Earnings per share, diluted USD per share	0.04*	(0.11)	(0.19)	(0.08)	—	0.00	(0.05)	0.20	—	(0.22)	0.39	0.41
Weighted average shares, basic millions of shares	81*	89	102	103	107*	117	133	151	154*	160	165	171
Weighted average shares, diluted millions of shares	344*	364	365	365	365*	369	370	378	379*	384	385	386

Fiscal quarters (TPG's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	665	1,091	1,121	1,164	808	822	1,112	1,080	826	851	945	800
Property and equipment, net	82	—	—	—	89	—	—	—	99	—	—	—
Right-of-use asset	228	—	—	—	209	586	570	566	552	584	566	549
Goodwill	436	436	436	436	436	436	436	498	498	498	498	498
Total assets	9,370	9,939	10,071	10,522	10,535	11,314	11,966	13,020	13,493	13,307	14,028	14,683
Total liabilities	6,009	6,643	6,765	7,135	6,943	7,815	8,407	9,247	9,357	9,583	10,286	10,716
Accumulated deficit	(35)	(60)	(119)	(157)	(187)	(227)	(267)	(294)	(292)	(398)	(406)	(413)
Total liabilities and equity	9,370	9,939	10,071	10,522	10,535	11,314	11,966	13,020	13,493	13,307	14,028	14,683

Fiscal quarters (TPG's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	13*	16	(14)	9	13*	25	15	67	77*	(1)	93	100
Depreciation and amortization	23*	33	32	32	38*	31	31	41	41*	42	41	40
Net cash from operating activities	(512)*	437	215*	69*	(188)*	198	386*	492*	(44)*	177	348*	249*
Net cash from investing activities	(363)*	(25)	(7)*	(11)*	(1)*	(6)	(3)*	(245)*	(9)*	(516)	(19)*	(44)*
Proceeds from issuing common stock	0*	—	—	—	year only	—	—	—	—	—	—	—
Net cash from financing activities	316*	14	(177)*	(15)*	(167)*	(178)	(93)*	(278)*	(201)*	365	(234)*	(350)*
Net change in cash	(559)*	426	30*	44*	(357)*	14	290*	(32)*	(254)*	25	93*	(145)*

SIC 6282 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6282 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
TPG	800	713	not reported	not reported	—	Q3 FY26 10-QSep 30, 2026
Morningstar	497	672	191*	37.1M	—	Q3 FY26 10-QSep 30, 2026
Janus Henderson Group	1,381	not reported	235	154.1M	—	Q1 FY26 10-QMar 31, 2026
Franklin Templeton	3,761	2,358	581*	508.1M	—	Q3 FY26 10-QJun 30, 2026
Invesco	966	1,873	475*	439.5M	—	Q3 FY26 10-QSep 30, 2026
Hamilton Lane	348	204	28*	not reported	—	Q2 FY27 10-QSep 30, 2026
Affiliated Managers Group	411	641	239*	25.9M	—	Q2 FY26 10-QJun 30, 2026
StepStone Group	703	379	(458)	not reported	1.5 quarters	Q1 FY27 10-QJun 30, 2026
Evercore	1,257	998	526*	not reported	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.