TriplePoint Venture Growth BDC (TPVG) Operating Expenses (2021 - 2026)

TriplePoint Venture Growth BDC recorded quarterly Operating Expenses of $13.2 million in Q1 2026, down 26.23% quarter-over-quarter from $17.9 million in Q4 2025, and up 16.83% year-over-year from $11.3 million in Q1 2025.

TriplePoint Venture Growth BDC's Operating Expenses history runs 6 years deep, the most recent figure standing at $13.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 16.83% year-over-year to $13.2 million; the TTM figure through Mar 2026 stood at $57.5 million (up 11.37% YoY), while the FY2025 annual figure 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.
  • A 5-year average of $14.3 million and a median of $14.4 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slipped 23.47% in 2024 and surged 36.55% in 2025, its largest moves.
  • TriplePoint Venture Growth BDC's Operating Expenses stood at $14.5 million in 2022, then grew by 8.52% to $15.7 million in 2023, then dropped by 16.37% to $13.1 million in 2024, then soared by 36.55% to $17.9 million in 2025, then slipped by 26.23% to $13.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $13.2 million, $17.9 million, and $14.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 3.88 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 2.26 Bn
3 Kkr 84.94 Bn 132.45 Bn - 3.87 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 733.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 4.68 Bn
6 State Street 44.42 Bn 18.75 Bn - 2.81 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 3.67 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 1.51 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 1.17 Bn
10 TriplePoint Venture Growth BDC 226.55 Mn 226.55 Mn - 13.21 Mn

Historic Data

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DateValue
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