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What changed in TPG Inc.'s latest annual report

In the year ended 31 Dec 2025, TPG Inc.'s revenue rose 16.1% to USD 2.42bn, from USD 2.09bn; net income rose 686% to USD 184.59m, from USD 23.48m; total liabilities rose 34.8% to USD 9.36bn, from USD 6.94bn.

Year ended 31 Dec 2025. Source: 10-K filed 17 Feb 2026, read it on SEC EDGAR.

USD 2.09bn to USD 2.42bn

Revenue, up 16.1% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue2.09bn2.42bnUp 16.1%
Net income23.48m184.59mUp 686%
Total assets10.54bn13.49bnUp 28.1%
Total liabilities6.94bn9.36bnUp 34.8%
Long-term debt1.28bn1.72bnUp 34.4%
Cash and cash equivalents808.02m826.11mUp 2.2%

Questions people ask

Did TPG Inc.'s revenue grow last year?

Revenue grew 16.1%, from USD 2.09bn to USD 2.42bn in the year ended 31 Dec 2025.

Is TPG Inc. profitable?

Yes. Net income was USD 184.59m in the year ended 31 Dec 2025. The year before: USD 23.48m.

How much cash and debt does TPG Inc. have?

At its latest year end (31 Dec 2025), TPG Inc. reported cash and cash equivalents of USD 826.11m and long-term debt of USD 1.72bn.

Where do these numbers come from?

From TPG Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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TPG Inc. (TPG) 10-K: what changed year on year | LYNORIQ Insights