TPG Inc. TPG
TPG is a leading global alternative asset manager with $303.0 billion in assets under management (“AUM”) as of December 31, 2025. 10-K, Item 1
- Employees
- 1,900
- Headquarters
- Fort Worth, TX
- Next results
- around Feb 4, 2027
What changed
36 new risk paragraphs. 10-K filed Feb 17, 2026 against Feb 18, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
7 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 7 checks found nothing to note
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Same auditor in both 10-Ks: Deloitte & Touche LLP
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No statement of substantial doubt about going concern
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No 8-K item 4.02 in the last 2 years
4 more checks with nothing to note
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No NT 10-K or NT 10-Q in the last 2 years
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years
In their words
36 paragraphs in Risk Factors that were not in the 10-K filed Feb 18, 2025. Quoted as filed.
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Item 1A · new paragraph · not in the 10-K filed Feb 18, 2025 10-K, ITEM 1A
In addition, we have increasingly undertaken business initiatives to increase the number and types of investment products and vehicles we offer to investors, especially individual (non-institutional) investors (including investors often described as high net worth individuals, family offices, mass affluent individuals or accredited…
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Item 1A · new paragraph · not in the 10-K filed Feb 18, 2025 10-K, ITEM 1A
In addition, regulators in some jurisdictions have scrutinized sustainability-related disclosures by asset managers, often referred to as “greenwashing.” A regulator could take issue with our past or future sustainability disclosures. They also could take issue with our other responsible investing practices. More generally,…
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Item 1A · new paragraph · not in the 10-K filed Feb 18, 2025 10-K, ITEM 1A
In recent years, the United States has altered its approach to international trade policy and, in some cases, renegotiated, or terminated, certain existing bilateral or multi-lateral trade agreements and treaties with foreign countries. For example, the United States has imposed, or threatened to impose, a series of various tariffs and…
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Item 1A · new paragraph · not in the 10-K filed Feb 18, 2025 10-K, ITEM 1A
Our provision of products and services to insurance companies subjects us to a variety of risks and uncertainties. We expect to increasingly undertake initiatives to deliver to insurance companies investment products and strategies across asset classes, with a focus on investment grade asset based finance and direct lending. Our…
New risk paragraphs, against peers
Latest 10-K of each, Financials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $2.0B | $2.4B | $3.5B | $4.7B |
| Net income | $92.4M | $80.1M | $23.5M | $184.6M |
| Operating cash flow | $1.4B | $720.5M | $532.1M | $1.0B |
Revenue, FY2020 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$4.7B ▲ 33.4% in FY2025$184.6M ▲ 686.0% in FY2025
Recent filings
2 filings in the last 30 days · SEC EDGAR
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10-QNov 3, 2026Quarterly report (10-Q) period ended Sep 30, 2026
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8-KOct 29, 2026Quarterly results 8-K item 2.02
About the company
TPG Inc., Fort Worth, TX · from the 10-K filed Feb 17, 2026
TPG is a leading global alternative asset manager with $303.0 billion in assets under management (“AUM”) as of December 31, 2025. We have built our firm through years of successful innovation and growth, and believe that we have delivered attractive risk-adjusted returns to our clients and established a premier investment business focused on the fastest-growing segments of the alternative asset management industry. We believe our distinctive business approach and diversified array of innovative investment platforms position us well to continue generating highly profitable, sustainable growth.
- Headquarters
- Fort Worth, TX
- Country
- United States
- Reports in
- USD
- Listed on
- Nasdaq
- Fiscal year ends
- December 31
- Last results
- Oct 29, 2026
- Incorporated in
- DE
Employees, at the top of the page: "As of December 31, 2025, we employed more than 1,900 people, comprised of approximately 690 investment and operations professionals, in offices across 16 countries, providing us with a substantial global footprint and network" (10-K). Address and exchange: SEC's company file.
Email alerts
Sources
The 10-K filed Feb 17, 2026 (open at SEC), compared with the 10-K filed Feb 18, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
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