TriplePoint Venture Growth BDC (TPVG) Operating Expenses (2021 - 2026)
TriplePoint Venture Growth BDC's (TPVG) quarterly Operating Expenses came in at $13.2 million in Q1 2026, up 16.83% year-on-year from $11.3 million in Q1 2025, and down 26.23% quarter-over-quarter from $17.9 million in Q4 2025.
TriplePoint Venture Growth BDC (TPVG) Operating Expenses (2021 - 2026) Analysis & Trends
TriplePoint Venture Growth BDC has disclosed Operating Expenses across 6 years of filings, most recently posting $13.2 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $13.2 million, up 16.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $57.5 million (up 11.37% YoY), and the FY2025 annual result was $54.0 million, changed 0.23% from the prior year.
- Operating Expenses came in at $13.2 million for Q1 2026 at TriplePoint Venture Growth BDC, down from $17.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $17.9 million in Q4 2025 to a low of $11.3 million in Q1 2025.
- The 5-year median for Operating Expenses is $14.4 million (2025), against an average of $14.3 million.
- Across the five-year window, Operating Expenses decreased 23.47% in 2024 and jumped 36.55% in 2025, its largest moves.
- TriplePoint Venture Growth BDC's Operating Expenses stood at $14.5 million in 2022, then climbed by 8.52% to $15.7 million in 2023, then slipped by 16.37% to $13.1 million in 2024, then surged by 36.55% to $17.9 million in 2025, then decreased by 26.23% to $13.2 million in 2026.
- The last three Operating Expenses figures came in at $13.2 million (Q1 2026), $17.9 million (Q4 2025), and $14.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 3.88 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 2.26 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 3.87 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 4.68 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 3.12 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 1.17 Bn |
| 10 | TriplePoint Venture Growth BDC | 201.85 Mn | 201.85 Mn | - | 13.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.21 Mn |
| Dec 31, 2025 | 17.91 Mn |
| Sep 30, 2025 | 14.41 Mn |
| Jun 30, 2025 | 12.00 Mn |
| Mar 31, 2025 | 11.31 Mn |
| Dec 31, 2024 | 13.12 Mn |
| Sep 30, 2024 | 12.73 Mn |
| Jun 30, 2024 | 14.50 Mn |
| Mar 31, 2024 | 13.75 Mn |
| Dec 31, 2023 | 15.69 Mn |
| Sep 30, 2023 | 16.63 Mn |
| Jun 30, 2023 | 16.31 Mn |
| Mar 31, 2023 | 15.05 Mn |
| Dec 31, 2022 | 14.46 Mn |
| Sep 30, 2022 | 12.84 Mn |
| Jun 30, 2022 | 14.77 Mn |
| Mar 31, 2022 | 13.80 Mn |
| Dec 31, 2021 | 12.96 Mn |
| Sep 30, 2021 | 11.34 Mn |