)
Visual24 Oct 2025
The rise of Alphabet
TriplePoint Venture Growth BDC (TPVG) investor relations material
TriplePoint Venture Growth BDC Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary6 Aug, 2025
Executive summary
Debt investment portfolio grew to $663.8M at cost, with record new commitments and fundings in Q2 2025, driven by strong demand from venture growth stage companies and robust funding activity.
Net investment income for Q2 2025 was $11.3M ($0.28/share), and net increase in net assets from operations was $13.2M ($0.33/share); NAV per share rose to $8.65.
Sponsor announced a $14M discretionary share purchase program, and adviser waived all income incentive fees for the remainder of 2025.
Quarterly distribution was reduced to $0.23/share for Q3 2025, following a $0.30/share payout for Q2 2025.
Focus remains on scaling, diversifying, and increasing income-generating assets, with strategic emphasis on AI, software, FinTech, and high-potential sectors.
Financial highlights
Total investment income for Q2 2025 was $23.3M, with a portfolio yield of 14.5%, down from $27.1M and 15.8% in Q2 2024.
Net investment income was $11.3M ($0.28/share), compared to $12.6M ($0.33/share) in Q2 2024.
NAV per share increased to $8.65 from $8.62 in Q1 2025 and $8.61 at year-end 2024.
Return on average equity was 13.0% for Q2 2025.
Operating expenses declined, aided by the income incentive fee waiver.
Outlook and guidance
Adviser will waive all income incentive fees for the remainder of 2025, supporting net investment income.
Sponsor's $14M share purchase program aims to enhance shareholder value over the next year.
Management expects continued strong demand from venture growth stage companies, with Q3 2025 new fundings targeted at $25M–$50M and potential for higher activity in Q4.
Substantial portfolio growth is expected in 2026 as prepayment activity slows and new funding opportunities expand.
Dividend reduction positions the company to over-earn future dividends and prepare for higher refinancing costs in 2026.
Explain the expected timeline for portfolio growth.
Discuss factors influencing the reduced funding outlook.
Detail the rationale behind the distribution cut.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next TriplePoint Venture Growth BDC earnings date
Q3 20255 Nov, 2025
Next TriplePoint Venture Growth BDC earnings date
Q3 20255 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage. As a "virtual" BDC, they act as their portfolio companies' primary source of capital and strategic business development services. The company aims to offer their investors the superior risk-adjusted returns generated by the growth strategies embraced by their portfolio companies and the extensive network of industry relationships that they have built over two decades in the VC industry.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage