Growth Metrics

Tpg (TPG) Operating Expenses (2021 - 2025)

Tpg (TPG) has disclosed Operating Expenses for 5 consecutive years, with $1.2 billion as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 11.55% to $1.2 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $4.1 billion, a 14.42% increase, with the full-year FY2025 number at $4.1 billion, up 14.42% from a year prior.
  • Operating Expenses was $1.2 billion for Q4 2025 at Tpg, up from $1.0 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q4 2025 to a low of $54.2 million in Q2 2022.
  • A 5-year average of $644.9 million and a median of $698.3 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: crashed 72.74% in 2022, then skyrocketed 942.51% in 2023.
  • Tpg's Operating Expenses stood at $299.0 million in 2021, then soared by 43.63% to $429.5 million in 2022, then skyrocketed by 114.85% to $922.7 million in 2023, then increased by 19.02% to $1.1 billion in 2024, then increased by 11.55% to $1.2 billion in 2025.
  • Per Business Quant, the three most recent readings for TPG's Operating Expenses are $1.2 billion (Q4 2025), $1.0 billion (Q3 2025), and $890.1 million (Q2 2025).