TriplePoint Venture Growth BDC Corp. (TPVG) Form 8-K — Aug 5, 2026
TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) reported second quarter 2026 net investment income of $8.3 million, or $0.21 per share, down from $11.3 million, or $0.28 per share, a year earlier, driven by higher interest expense and lower prepayment income. The net increase in net assets resulting from operations was $10.7 million, or $0.26 per share, versus $0.33 per share in Q2 2025. Net asset value edged up to $8.67 per share from $8.65 at March 31, 2026, helped by a $12.8 million realized gain on the partial sale of its Revolut stake, with a remaining Revolut position valued at $47.9 million.
Key figures
- Eps
- 0.21
- Revenue
- 22145000
- Net Income
- 10667000
- Total Assets
- 809044000
- Cash Position
- 14800000
- Shares Outstanding
- 40710000
- Nav total
- 352825000
- Nav per share
- 8.67
- Total liquidity
- 119800000
- Spillover income
- $41.7 million ($1.03 per share)
- Net leverage ratio
- 1.22x
- Asset coverage ratio
- 179%
- Gross leverage ratio
- 1.26x
- Unfunded commitments
- 140600000
- Yellow credit bucket
- 27.2% of debt portfolio vs. 13.4% at Dec 31, 2025
- Buyback authorization
- $12.5 million over 12 months (expires May 6, 2027; none repurchased as of June 30, 2026)
- Q2 signed term sheets
- $306.8 million at TriplePoint Capital LLC
- Revolut realized gain
- $12.8 million
- Downgraded loan balance
- $28.0 million (White (2) to Yellow (3))
- Q2 new debt commitments
- $29.8 million
- Nii per share prior year
- 0.28
- Q2 net unrealized losses
- $10.6 million
- Tpc open market purchases
- 1,998,489 shares year to date, representing 4.9% of outstanding shares
- Prodigy sale consideration
- $43.8 million cash (post-quarter, August 5, 2026)
- Q2 funded debt investments
- $47.8 million to 10 portfolio companies (80% increase from prior quarter)
- Weighted avg portfolio yield
- 12.9% vs. 14.5% in Q2 2025
- Total investment income basis
- Q2 2026 total investment and other income of $22.1 million vs. $23.3 million in Q2 2025
- Regular distribution per share
- 0.23
- Net increase in net assets per share
- 0.26
- Supplemental distributions per share
- 0.12
- Revolut remaining position fair value
- $47.9 million
- Net increase in net assets prior year per share
- 0.33
Price after filing
Close on the filing date to close N calendar days later (from $4.75). Historical, not a forecast.
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