| Cash Flow | 2025-09-30 |
|---|---|
| Net income (loss) | 317,169 |
| Equity-based compensation | 573,836 |
| Performance allocation compensation | 951,562 |
| Net losses from investment activities | -2,666 |
| Capital allocation-based income | 1,469,902 |
| Depreciation and amortization | 103,225 |
| Non-cash lease expense | 42,081 |
| Other non-cash activities | -14,124 |
| Purchases of investments | 565,334 |
| Proceeds from investments | 1,660,787 |
| Due from affiliates | 37,171 |
| Other assets | 35,548 |
| Accounts payable and accrued expenses | 207,938 |
| Due to affiliates | 50,919 |
| Accrued performance allocation compensation | -686,917 |
| Other liabilities | -53,337 |
| Net cash provided by operating activities | 1,076,098 |
| Acquisition-Peppertree | 235,154 |
| Acquisition-Angelo Gordon Co LPAg Funds LPAnd AGPartners LP | 0 |
| Purchases of fixed assets | 19,480 |
| Net cash used in investing activities | -254,634 |
| Proceeds from debt obligations | 1,284,000 |
| Repayment of debt obligations | 766,000 |
| Issuance costs on debt obligations | 8,972 |
| Withholding taxes paid on net settlement of equity-based awards | 184,562 |
| Contributions from holders of other non-controlling interests | 132,449 |
| Dividends/distributions | 977,718 |
| Settlement of contingent liabilities | 18,646 |
| Tax receivable agreement payments | 9,620 |
| Net cash used in financing activities | -549,069 |
| Net change in cash, cash equivalents and restricted cash | 272,395 |
| Cash and cash equivalents at beginning of period | 821,192 |
| Cash and cash equivalents at end of period | 1,093,587 |
TPG Inc. (TPGXL)
TPG Inc. (TPGXL)