TriplePoint Venture Growth BDC (TPVG) Net Margin (2021 - 2026)
TriplePoint Venture Growth BDC (TPVG) posted Net Margin of 74.16% for Q1 2026, down 18.79% sequentially from 91.32% in Q4 2025, and down 1131.0% YoY from 7.19% in Q1 2025.
TriplePoint Venture Growth BDC (TPVG) Net Margin (2021 - 2026) Analysis & Trends
TriplePoint Venture Growth BDC has reported Net Margin for 6 years, with the latest figure at 74.16% in Q1 2026.
- Quarterly Net Margin fell 1131.0% year-over-year to 74.16% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 87.85% (down 1631.0% YoY) and the FY2025 annual result came in at 93.99%, down 1224.0% from the prior year.
- Net Margin retreated to 74.16% in Q1 2026 per TPVG's latest filing, from 91.32% in the prior quarter.
- Over five years, Net Margin peaked at 123.63% in Q4 2024 and troughed at 41.24% in Q4 2022.
- A 5-year average of 78.56% and a median of 93.65% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 18161 bps in 2022, then surged 15558 bps in 2023.
- Over 5 years, Net Margin stood at 41.24% in 2022, then soared by 377 bps to 114.34% in 2023, then advanced by 8 bps to 123.63% in 2024, then decreased by 26 bps to 91.32% in 2025, then declined by 19 bps to 74.16% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 74.16%, 91.32%, and 92.2% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.80 Bn | 164.93 Bn | - | 27.15% |
| 2 | Blackstone | 115.06 Bn | 112.55 Bn | - | 46.71% |
| 3 | Kkr | 97.51 Bn | -179.56 Bn | - | 11.53% |
| 4 | Brookfield | 93.51 Bn | 46.11 Bn | - | 1.88% |
| 5 | Brookfield Asset Management | 83.63 Bn | 82.13 Bn | - | 51.57% |
| 6 | Apollo Global Management | 78.63 Bn | 53.26 Bn | 10.54 Bn | 11.98% |
| 7 | State Street | 51.56 Bn | 51.56 Bn | - | 25.35% |
| 8 | Ameriprise Financial | 51.31 Bn | 40.26 Bn | 4.72 Bn | 22.20% |
| 9 | Northern Trust | 34.02 Bn | 34.02 Bn | - | 58.35% |
| 10 | TriplePoint Venture Growth BDC | 215.34 Mn | 215.34 Mn | - | 86.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 86.91% |
| Mar 31, 2026 | 74.16% |
| Dec 31, 2025 | 91.32% |
| Sep 30, 2025 | 92.20% |
| Jun 30, 2025 | 93.65% |
| Mar 31, 2025 | 85.47% |
| Dec 31, 2024 | 123.63% |
| Sep 30, 2024 | 106.97% |
| Jun 30, 2024 | 98.39% |
| Mar 31, 2024 | 99.55% |
| Dec 31, 2023 | 114.34% |
| Sep 30, 2023 | 113.64% |
| Jun 30, 2023 | 116.06% |
| Mar 31, 2023 | 22.83% |
| Dec 31, 2022 | -41.24% |
| Sep 30, 2022 | 1.45% |
| Jun 30, 2022 | 122.22% |
| Mar 31, 2022 | 20.86% |
| Dec 31, 2021 | 53.55% |
| Sep 30, 2021 | 183.07% |