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Investing.com -- TPG Inc . (NASDAQ:TPG) reported second-quarter earnings that significantly exceeded analyst expectations, sending shares up 4.6% as investors responded positively to the alternative asset management firm’s strong performance.
The company posted adjusted earnings per share of $0.69 for the second quarter, substantially beating the analyst estimate of $0.44. Sales came in at $495.12 million, surpassing the consensus forecast of $460.7 million. The revenue figure represents a significant improvement compared to the same quarter last year.
TPG reported After-tax Distributable Earnings of $268 million for the second quarter, marking a 26% increase from $207 million in the same period last year. This growth was primarily driven by realized performance allocations and Fee-Related Earnings, which increased 9% YoY to $220 million while maintaining a 44% margin.
"Our strong second quarter results demonstrate the resilience and growth potential of our diversified platform," said Jon Winkelried, CEO of TPG. "Record fundraising achievements and substantial asset growth have positioned us well for continued success."
The company declared a quarterly dividend of $0.59 per share, with a record date of August 18, 2025, and a payment date of September 2, 2025.
TPG reported total Assets Under Management of $261.3 billion as of June 30, 2025, representing a 14% increase from the second quarter of 2024. Fee-Earning Assets Under Management grew 7% YoY to $146.4 billion.
The company’s net income showed a remarkable turnaround, reaching $30.1 million compared to a net loss of $57.6 million in the same period last year. TPG’s operating profit margin improved significantly, shifting from -7.7% in the second quarter of 2024 to 3.3% in the second quarter of 2025.
With $62.5 billion of available capital for deployment, TPG enters the second half of 2025 with strong momentum, having achieved its second-highest fundraising quarter in history.
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