TPG Q2 FY26 earnings

Revenue $1.84B, up 100.0% on a year earlier. Assets under management $326.80B, up 25.1%. Fee-Related Revenues $628.19M, up 26.9%. Diluted EPS $0.39 against -$0.05.

The results

Q2 FY26Q1 FY26Q2 FY25Year over year
Revenue$1.84B$500.01M$920.54M+100.0%
Operating income$356.01M-$140.72M$39.34M+805.0%
Net income$93.43M-$1.45M$14.94M+525.3%
Diluted EPS$0.39-$0.22-$0.05
Operating cash flow$347.69M$176.55M$385.87M-9.9%
Dividend per share$0.59$0.61$0.41

KPIs this quarter

Q2 FY26Q2 FY25Year over year
Assets under management$326.80B$261.30B+25.1%
Fee-Related Revenues$628.19M$495.12M+26.9%
Performance Eligible AUM$273.00B$220.00B+24.1%
Fee-Related Revenues Growth27%8%
Fee-earning Assets Under Management$181.00B$146.40B+23.6%
Performance Generating AUM$222.00B$169.30B+31.1%
AUM Growth Rate25%14%
Fee-Earning AUM Growth %24%—

Sources

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Stock Atlas, “TPG (TPG) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/TPG/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.