v3.25.2
Condensed Consolidated Statements of Changes in Equity (unaudited) - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Total TPG Inc. Equity
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-In Capital
Accumulated Deficit
Non-Controlling Interests
Beginning balance (in shares) at Dec. 31, 2023         80,596,501 281,657,626      
Beginning balance at Dec. 31, 2023 $ 3,361,134     $ 579,157 $ 80 $ 282 $ 613,476 $ (34,681) $ 2,781,977
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (66,584)     1,542       1,542 (68,126)
Equity-based compensation 429,247     77,723     77,723   351,524
Capital contributions 37,901               37,901
Dividends/distributions (415,686)     (85,374)       (85,374)  
Dividends/distributions                 (330,312)
Shares issued for net settlement of equity-based awards (in shares)         2,513,255        
Shares issued for net settlement of equity-based awards 0       $ 3   (3)    
Withholding taxes paid on net settlement of equity-based awards (61,539)     (19,339)     (19,339)   (42,200)
Exchange of Common Units to TPG Inc. Class A Common stock and related deferred tax effects (in shares)         19,703,580 (19,703,580)      
Exchange of Common Units to TPG Inc. Class A Common stock and related deferred tax effects 21,743     21,743 $ 20 $ (20) 21,743    
Equity reallocation between controlling and non-controlling interest 0     138,773     138,773   (138,773)
Ending balance (in shares) at Jun. 30, 2024         102,813,336 261,954,046      
Ending balance at Jun. 30, 2024 3,306,216     714,225 $ 103 $ 262 832,373 (118,513) 2,591,991
Beginning balance (in shares) at Mar. 31, 2024         100,726,778 263,952,639      
Beginning balance at Mar. 31, 2024 3,296,318     720,358 $ 101 $ 264 779,513 (59,520) 2,575,960
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (57,578)     (13,977)       (13,977) (43,601)
Equity-based compensation 212,970     40,438     40,438   172,532
Capital contributions 36,858               36,858
Dividends/distributions (184,048)     (45,016)       (45,016)  
Dividends/distributions                 (139,032)
Shares issued for net settlement of equity-based awards (in shares)         87,965        
Shares issued for net settlement of equity-based awards 0       $ 0   0    
Withholding taxes paid on net settlement of equity-based awards (3,492)     (1,119)     (1,119)   (2,373)
Exchange of Common Units to TPG Inc. Class A Common stock and related deferred tax effects (in shares)         1,998,593 (1,998,593)      
Exchange of Common Units to TPG Inc. Class A Common stock and related deferred tax effects 5,188     5,188 $ 2 $ (2) 5,188    
Equity reallocation between controlling and non-controlling interest 0     8,353     8,353   (8,353)
Ending balance (in shares) at Jun. 30, 2024         102,813,336 261,954,046      
Ending balance at Jun. 30, 2024 3,306,216     714,225 $ 103 $ 262 832,373 (118,513) 2,591,991
Beginning balance (in shares) at Dec. 31, 2024   109,211,355 255,756,502   109,211,355 255,756,502      
Beginning balance at Dec. 31, 2024 3,591,989     784,101 $ 109 $ 256 970,719 (186,983) 2,807,888
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 117,939     40,334       40,334 77,605
Equity-based compensation 404,876     110,578     110,578   294,298
Capital contributions 161,165               161,165
Dividends/distributions (561,331)     (120,717)       (120,717)  
Dividends/distributions                 (440,614)
Shares issued for net settlement of equity-based awards (in shares)         4,599,206        
Shares issued for net settlement of equity-based awards 0       $ 5   (5)    
Withholding taxes paid on net settlement of equity-based awards (181,704)     (67,194)     (67,194)   (114,510)
Exchange of Common Units to TPG Inc. Class A Common stock and related deferred tax effects (in shares)         30,786,354 (30,786,354)      
Exchange of Common Units to TPG Inc. Class A Common stock and related deferred tax effects 46,730     46,730 $ 31 $ (31) 46,730    
Equity reallocation between controlling and non-controlling interest 0     198,043     198,043   (198,043)
Deconsolidation of previously consolidated entities (20,208)               (20,208)
Shares retired (in shares)           (111,864)      
Shares retired           $ 0      
Ending balance (in shares) at Jun. 30, 2025   144,596,915 224,858,284   144,596,915 224,858,284      
Ending balance at Jun. 30, 2025 3,559,456     991,875 $ 145 $ 225 1,258,871 (267,366) 2,567,581
Beginning balance (in shares) at Mar. 31, 2025         123,552,251 245,970,148      
Beginning balance at Mar. 31, 2025 3,498,715     823,079 $ 124 $ 246 1,049,823 (227,114) 2,675,636
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 30,111     14,941       14,941 15,170
Equity-based compensation 203,628     57,962     57,962   145,666
Capital contributions 98,953               98,953
Dividends/distributions (281,098)     (55,193)       (55,193)  
Dividends/distributions                 (225,905)
Shares issued for net settlement of equity-based awards (in shares)         44,664        
Shares issued for net settlement of equity-based awards 0       $ 0   0    
Withholding taxes paid on net settlement of equity-based awards (1,591)     (688)     (688)   (903)
Exchange of Common Units to TPG Inc. Class A Common stock and related deferred tax effects (in shares)         21,000,000 (21,000,000)      
Exchange of Common Units to TPG Inc. Class A Common stock and related deferred tax effects 30,946     30,946 $ 21 $ (21) 30,946    
Equity reallocation between controlling and non-controlling interest 0     120,828     120,828   (120,828)
Deconsolidation of previously consolidated entities (20,208)               (20,208)
Shares retired (in shares)           (111,864)      
Shares retired           $ 0      
Ending balance (in shares) at Jun. 30, 2025   144,596,915 224,858,284   144,596,915 224,858,284      
Ending balance at Jun. 30, 2025 $ 3,559,456     $ 991,875 $ 145 $ 225 $ 1,258,871 $ (267,366) $ 2,567,581