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

TriplePoint Venture Growth BDC (TPVG) reported Operating Expenses of $13.2 million for Q1 2026, up 16.83% on a YoY basis from $11.3 million in Q1 2025, and down 26.23% sequentially from $17.9 million in Q4 2025.

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

TriplePoint Venture Growth BDC (TPVG) has 6 years of Operating Expenses data on file, last reported at $13.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 16.83% year-over-year to $13.2 million; the trailing twelve-month figure through Mar 2026 stood at $58.8 million (up 13.81% YoY), and the FY2025 full-year result was $54.0 million, changed 0.23% from the prior year.
  • Operating Expenses slipped to $13.2 million in Q1 2026, 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 decreased 23.47% in 2024 and jumped 36.55% in 2025, its largest moves.
  • Tracing TPVG's Operating Expenses over 5 years: stood at $14.5 million in 2022, then advanced by 8.52% to $15.7 million in 2023, then decreased by 16.37% to $13.1 million in 2024, then jumped by 36.55% to $17.9 million in 2025, then retreated by 26.23% to $13.2 million in 2026.
  • Business Quant data shows TPVG's Operating Expenses at $13.2 million in Q1 2026, $17.9 million in Q4 2025, and $14.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 TriplePoint Venture Growth BDC 179.38 Mn 179.38 Mn - 13.21 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 13.21 Mn
Dec 31, 2025 17.91 Mn
Sep 30, 2025 14.41 Mn
Jun 30, 2025 13.26 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