Quarterly ResultMay 1, 2026, 04:07 PM
TPG Inc. Q1 Revenue $500M; Net Loss $(1.45M); Diluted EPS $(0.22)
AI Summary
TPG Inc. reported a net loss attributable to the company of $(1.45) million for the first quarter ended March 31, 2026, a significant decline from a net income of $25.39 million in the same period last year. Total revenues decreased substantially to $500.01 million from $1.03 billion year-over-year, primarily driven by a capital allocation-based loss. Diluted net loss per Class A common stock was $(0.22) for the quarter, compared to $0.00 in Q1 2025.
Key Highlights
- TPG Inc. reported a net loss attributable to TPG Inc. of $(1.45) million for Q1 2026, down from $25.39 million net income in Q1 2025.
- Total revenues decreased to $500.01 million in Q1 2026 from $1.03 billion in Q1 2025.
- Diluted net loss per Class A common stock was $(0.22) for Q1 2026, compared to $0.00 in Q1 2025.
- Capital allocation-based income shifted to a loss of $(120.02) million in Q1 2026 from income of $491.42 million in Q1 2025.
- Total liabilities increased to $9.58 billion as of March 31, 2026, from $9.36 billion as of December 31, 2025.
- Debt obligations increased to $2.34 billion as of March 31, 2026, from $1.72 billion as of December 31, 2025.
- Net cash provided by operating activities was $176.55 million in Q1 2026, down from $198.19 million in Q1 2025.
- Net cash used in investing activities was $(516.27) million in Q1 2026, including a $500 million purchase of Jackson common stock.