TriplePoint Venture Growth BDC Corp. TPVG

NYSE

We are an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company, or "BDC," under the Investment Company Act of 1940, as amended, or the "1940 Act." We have also elected to be treated, and intend to qualify annually, as a regulated investment company, or "RIC," under Subchapter M of the Internal Revenue Code of 1986, as amended, or the "Code," for U.S. federal income tax purposes.

We were formed as a Maryland corporation on June 28, 2013 to expand the venture growth stage business segment of TPC's investment platform. Our investment objective is to maximize our total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by lending, typically with warrants, primarily to venture growth stage companies focused in technology and other high growth industries backed by TPC's select group of leading venture capital investors.

Last close 4.46 2026-10-28
Market cap $181.6M 2026-06-30 share count
52-week range 4.15 - 6.95

Valuation FY2025 figures against the last close

P/S—
P/E4.2x
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS1.05

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
SG&A $6.1M$6.3M$6.7M$4.4M$4.1M$4.6M———
Total operating expenses ———$55.9M$46.3M$43.3M———
Interest expense ——$36.8M$26.8M$17.4M————
Net income $49.2M$32.0M-$39.8M-$20.1M$76.6M————
EPS, basic 1.051.402.071.941.331.57———
EPS, diluted 1.051.402.071.941.331.57———
Shares, diluted (wtd. avg.) 40.3M39.1M35.7M32.7M30.9M30.6M24.8M20.5M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash and equivalents $20.4M$45.9M$153.3M$59.3M$59.1M$44.7M$26.4M——
Total assets $839.6M$763.0M$978.8M$1.01B$927.7M————
Long-term debt $464.4M$394.9M$605.2M$562.9M$465.3M————
Total liabilities $486.0M$417.4M$632.5M$594.6M$493.2M————
Retained earnings -$161.2M-$168.4M-$147.0M-$51.0M—————
Total equity $353.6M$345.7M$346.3M$419.9M$434.5M$400.4M$332.5M$334.5M$234.9M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating cash flow -$57.0M$152.9M$106.1M-$100.9M-$144.7M$63.7M———
Financing cash flow $25.7M-$245.8M$6.2M$101.0M$159.1M-$45.4M———

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001580345-26-000008.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -50M 0 50M 100M Net income, FY2021: 76.6M Net income, FY2022: -20.1M Net income, FY2023: -39.8M Net income, FY2024: 32M Net income, FY2025: 49.2M FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — — — — — — — —
Gross profit — — — — — — — — —
Net income — — — — $76.6M -$20.1M -$39.8M $32.0M $49.2M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Material agreement signed Item 1.01
  • New debt or obligation Item 2.03

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.