TPVG

Company Overview — What Does TriplePoint Venture Growth BDC Corp. Do?

TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company. TriplePoint Venture Growth BDC Corp. (TPVG) is classified as a micro-cap stock in the Financials sector, specifically within the Financial Services industry. The company is led by CEO Jim P. Labe, headquartered in Menlo Park, California. With a market capitalization of $198M, TPVG is one of the notable companies in the Financials sector.

TriplePoint Venture Growth BDC Corp. (TPVG) Stock Rating — Reduce (April 2026)

As of April 2026, TriplePoint Venture Growth BDC Corp. receives a Reduce rating with a composite score of 31.7/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.TPVG ranks #3,667 out of 4,446 stocks in our coverage universe. Within the Financials sector, TriplePoint Venture Growth BDC Corp. ranks #810 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

TPVG Stock Price and 52-Week Range

TriplePoint Venture Growth BDC Corp. (TPVG) currently trades at $5.12. The 52-week high for TPVG is $7.53, which means the stock is currently trading -32.0% from its annual peak. The 52-week low is $4.98, putting the stock 2.8% above its annual trough. Recent trading volume was 472K shares, suggesting relatively thin trading activity.

Is TPVG Overvalued or Undervalued? — Valuation Analysis

TriplePoint Venture Growth BDC Corp. (TPVG) carries a value factor score of 36/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 3.23x, compared to the Financials sector average of 14.88x — a discount of 78%. The price-to-book ratio stands at 0.58x, versus the sector average of 1.22x. The price-to-sales ratio is 4.47x, compared to 0.90x for the average Financials stock. On an enterprise value basis, TPVG trades at 107.72x EV/EBITDA, versus 3.26x for the sector.

At current multiples, TriplePoint Venture Growth BDC Corp. trades at a premium to most Financials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

TriplePoint Venture Growth BDC Corp. Profitability — ROE, Margins, and Quality Score

TriplePoint Venture Growth BDC Corp. (TPVG) earns a quality factor score of 10/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 18.0%, compared to the Financials sector average of 8.5%, which is within a healthy range. Return on assets (ROA) comes in at 7.6% versus the sector average of 1.2%.

Net profit margin stands at 136.7%, versus 17.7% for the average Financials stock. Revenue growth is running at -18.2% on a trailing basis, compared to 9.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

TPVG Debt, Balance Sheet, and Financial Health

TriplePoint Venture Growth BDC Corp. has a debt-to-equity ratio of 131.0%, compared to the Financials sector average of 121.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.73x, suggesting adequate working capital coverage. Total debt on the balance sheet is $464M. Cash and equivalents stand at $20M.

TPVG has a beta of 0.79, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for TriplePoint Venture Growth BDC Corp. is 65/100, reflecting average volatility within the normal range for its sector.

TriplePoint Venture Growth BDC Corp. Revenue and Earnings History — Quarterly Trend

In TTM 2026, TriplePoint Venture Growth BDC Corp. reported revenue of $46M and earnings per share (EPS) of $1.05. Net income for the quarter was $64M. Operating income came in at $-5M.

In FY 2025, TriplePoint Venture Growth BDC Corp. reported revenue of $42M and earnings per share (EPS) of $1.05. Net income for the quarter was $49M. Revenue grew -22.5% year-over-year compared to FY 2024.

In Q3 2025, TriplePoint Venture Growth BDC Corp. reported revenue of $10M and earnings per share (EPS) of $0.26. Net income for the quarter was $15M. Revenue grew -25.2% year-over-year compared to Q3 2024.

In Q2 2025, TriplePoint Venture Growth BDC Corp. reported revenue of $11M and earnings per share (EPS) of $0.28. Net income for the quarter was $13M. Revenue grew -10.5% year-over-year compared to Q2 2024.

Over the past 8 quarters, TriplePoint Venture Growth BDC Corp. has demonstrated a growth trajectory, with revenue expanding from $13M to $46M. Investors analyzing TPVG stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

TPVG Dividend Yield and Income Analysis

TriplePoint Venture Growth BDC Corp. (TPVG) currently pays a dividend yield of 19.6%. At this yield, a $10,000 investment in TPVG stock would generate approximately $$1958.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning TPVG offers above-average income for its sector. With a net margin of 136.7%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

TPVG Momentum and Technical Analysis Profile

TriplePoint Venture Growth BDC Corp. (TPVG) has a momentum factor score of 27/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 64/100 reflects moderate short selling activity.

TPVG vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, TriplePoint Venture Growth BDC Corp. (TPVG) ranks #810 out of 891 stocks based on the Blank Capital composite score. This places TPVG in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing TPVG against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TPVG vs S&P 500 (SPY) comparison to assess how TriplePoint Venture Growth BDC Corp. stacks up against the broader market across all factor dimensions.

TPVG Next Earnings Date

No upcoming earnings date has been announced for TriplePoint Venture Growth BDC Corp. (TPVG) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy TPVG? — Investment Thesis Summary

The quantitative profile for TriplePoint Venture Growth BDC Corp. suggests caution. The quality score of 10/100 flags below-average profitability. The value score of 36/100 indicates premium valuation. Momentum is weak at 27/100, a headwind for near-term performance. Low volatility (stability score 65/100) reduces downside risk.

In summary, TriplePoint Venture Growth BDC Corp. (TPVG) earns a Reduce rating with a composite score of 31.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TPVG stock.

Related Resources for TPVG Investors

Explore more research and tools: TPVG vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TPVG head-to-head with peers: TPVG vs WTM, TPVG vs OPY, TPVG vs ACT.