TPG Inc.: Q2 FY2026 earnings call

What management said about Q2 FY2026, from the documents filed with the SEC on 4 August 2026: press release. The quarter’s numbers.

Key takeaways

Record first-half results reported: The company reported record results for the first half of 2026 and attributed them to its diversified and growing franchise. Source
Growth credited to platform breadth: Management credits step-function growth across the firm to platform breadth, investment performance and client relationships, and says the model is built to perform across market cycles. Source
No revenue or earnings figures: The release describes the results in qualitative terms and does not include revenue, earnings per share or margin figures. Source
Assets under management reached $327 billion: Assets under management were $327 billion in the current release, up from $306 billion in the first-quarter release. Source
Clients seek access to offerings: Management said clients increasingly partner with TPG to access its differentiated offerings across strategies. Source
Quarterly dividend held at $0.59: Management declared a quarterly dividend of $0.59 per share of Class A common stock, the same amount declared in the first-quarter release. Source

“TPG delivered record results during the first half of 2026, reflecting the strength of our diversified and growing franchise,”
Jon Winkelried, Chief Executive Officer

Results and headline

Record first-half results reported: The company reported record results for the first half of 2026 and attributed them to its diversified and growing franchise. Source
Growth credited to platform breadth: Management credits step-function growth across the firm to platform breadth, investment performance and client relationships, and says the model is built to perform across market cycles. Source
No revenue or earnings figures: The release describes the results in qualitative terms and does not include revenue, earnings per share or margin figures. Source

Assets under management

Assets under management reached $327 billion: Assets under management were $327 billion in the current release, up from $306 billion in the first-quarter release. Source
Release dated in two cities: The release is dated San Francisco and Fort Worth, Texas, August 4, 2026. Source
Firm founded in 1992: The company describes itself as a leading global alternative asset management firm, founded in San Francisco in 1992. Source

“Our business model is designed to perform across market cycles, and the breadth of our platform, the strength of our investment performance, and the depth of our client relationships continue to support step-function growth across the firm.”
Jon Winkelried, Chief Executive Officer

Strategies and platform

Broad set of strategies: TPG says it invests across private equity, impact, credit, real estate and market solutions as a broadly diversified set of strategies. Source
Clients seek access to offerings: Management said clients increasingly partner with TPG to access its differentiated offerings across strategies. Source
Strategy built on collaboration: The firm describes its unique strategy as driven by collaboration, innovation and inclusion. Source

Capital and shareholder returns

Quarterly dividend held at $0.59: Management declared a quarterly dividend of $0.59 per share of Class A common stock, the same amount declared in the first-quarter release. Source
Record date set for August 14: Holders of record at the close of business on August 14, 2026 are entitled to the dividend. Source
No buyback or debt figures: The release does not report share repurchases, debt or cash flow figures. Source

Investor communications

Conference call at 11:00 am ET: Management scheduled a conference call and live webcast for the release day at 11:00 am ET, one hour later than the first-quarter call. Source
Dial-in details changed from first quarter: The dial-in numbers and conference ID differ from those in the first-quarter release. Source
Simultaneous webcast also offered: A simultaneous webcast accompanies the call and is accessible through the investor relations section of the website. Source

Leadership and contacts

CEO gave headline comment: Chief Executive Officer Jon Winkelried gave the release's headline comment on the first half. Source
Shareholder and media contacts listed: Shareholder contacts are Gary Stein and Evanny Huang; media contacts are Luke Barrett and Julia Sottosanti. Source
Media contact changed from first quarter: Julia Sottosanti is named alongside Luke Barrett in place of Ethan Cherry, who was listed in the first-quarter release.

Coming up, as management said on 4 August 2026

Dividend payment date set: The $0.59 dividend is payable on August 28, 2026. Source

Figures management reported

Figure	Reported
Assets under management Source	$327 billion

Other quarters

Summarised with AI from the documents the company filed with the SEC. Every point is checked against the filing before it is shown: management’s own words word for word, figures against the line or table row they come from. A point that fails the check is left out. Source opens the filing at that line.

As filed with the SEC

Open the filing on EDGAR

TPG Reports Second Quarter 2026 Results

San Francisco and Fort Worth, Texas - August 4, 2026 - TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today reported its unaudited results for the second quarter ended June 30, 2026. A detailed presentation is available through the Investor Relations section of TPG’s website at shareholders.tpg.com.

"TPG delivered record results during the first half of 2026, reflecting the strength of our diversified and growing franchise,” said Jon Winkelried, Chief Executive Officer. "Our business model is designed to perform across market cycles, and the breadth of our platform, the strength of our investment performance, and the depth of our client relationships continue to support step-function growth across the firm. As clients increasingly partner with TPG for access to our differentiated offerings across strategies, we continue to see significant opportunities to further expand our platform and build long-term value for our shareholders."

Dividend

TPG has declared a quarterly dividend of $0.59 per share of Class A common stock to holders of record at the close of business on August 14, 2026, payable on August 28, 2026.

Conference Call

TPG will host a conference call and live webcast today at 11:00 am ET. It may be accessed by dialing (800) 245-3047 (US toll-free) or (203) 518-9765 (international), using the conference ID TPGQ226. The number should be dialed at least ten minutes prior to the start of the call. A simultaneous webcast will also be available and can be accessed through the Investor Relations section of TPG’s website at shareholders.tpg.com. A webcast replay will be made available on the Events page in the Investor Relations section of TPG’s website.

About TPG

TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $327 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities.

Forward Looking Statements; No Offers

This document may contain “forward-looking” statements. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects” and similar references to future periods, or by the inclusion of forecasts or projections. Examples of forward-looking statements include statements we make regarding the outlook for our future business and financial performance, estimated operational metrics, business strategy and plans and objectives of management for future operations, including, among other things, statements regarding expected growth, future capital expenditures, fund performance, dividends and dividend policy, and debt service obligations.

Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, our actual results may differ materially from those contemplated by any forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the inability to recognize the anticipated benefits, or unexpected costs related to the integration, of acquired companies; our ability to manage growth and execute our business plan; and regional, national or global political, economic, business, competitive, market and regulatory conditions and uncertainties, among various other risks discussed in the Company’s SEC filings.

For the reasons described above, we caution you against relying on any forward-looking statements, which should be read in conjunction with the other cautionary statements included elsewhere in this document and risk factors discussed from time to time in the Company’s filings with the SEC, which can be found at the SEC’s website at http://www.sec.gov. Any forward-looking statement in this document speaks only as of the date of this document. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update or revise any forward-looking statement after the date of this document, whether as a result of new information, future developments or otherwise, except as may be required by law. No recipient should, therefore, rely on these forward-looking statements as representing the views of the Company or its management as of any date subsequent to the date of the document.

This document does not constitute an offer of any TPG fund.

Contacts
Shareholders · Gary Stein and Evanny Huang · shareholders@tpg.com
Media · Luke Barrett and Julia Sottosanti · media@tpg.com