TriplePoint Venture Growth BDC Corp.
TPVG · Price history
Price at last available close
$4.36
−$0.42 (-8.79%) 1M
2026-10-27
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Company & revenue
About TriplePoint Venture Growth BDC Corp.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
TriplePoint Venture Growth BDC Corp. (TPVG) functions as a business development company, primarily concentrating its investments on growth-stage enterprises backed by venture capital. The firm's core offering involves providing debt financing solutions to companies within the venture growth ecosystem. These solutions encompass a diverse range of products, such as growth capital loans, customized and secured credit facilities, equipment financing, and revolving lines of credit.
How they make money
TriplePoint Venture Growth BDC Corp. is an externally-managed business development company that generates income primarily through interest and fee income from debt investments, as well as capital gains from equity and warrant investments in venture growth stage companies.
Products & services
The company provides customized debt financing, including term loans and revolving loans, often accompanied by warrants and direct equity investments, to venture growth stage companies in technology and other high-growth industries.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
- Venture growth stage companies in technology and other high-growth industriesSource
Customer concentration
As of December 31, 2025, the company's investment portfolio is diversified across various venture growth stage companies, with no single borrower representing a concentration that exceeds regulatory thresholds for disclosure as a major customer.
Suppliers, materials & equipment
- Investment Adviser — The company relies on its external investment adviser for administrative and investment management services; the specific service provider entity is TriplePoint Capital LLC.Source
Business relationships & partnerships
- TriplePoint Capital LLC — TriplePoint Capital LLC serves as the company's external investment adviser, providing management services and sourcing investment opportunities through its proprietary platform.Source
Strengths
Sources
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
61
Fair
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
42
Weak
Financial Strength
48
Business Quality / Moat
32
Management
73
Growth Quality
15
Risk / Durability
28
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
67
Fully Valued
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
60/100
Building Historical Record
Model Score 60/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.
At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.
The model outlook is currently moderate.
- •Valuation scores attractively
- •Insider activity signal is favorable
- •Elevated debt risk
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for TPVG
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •What is driving TPVG's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
- •How long can TPVG fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •Is TPVG's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •Is TPVG's valuation discount tied to a temporary concern or to a longer-term business risk?
Essential Investment Snapshot
Wall Street Score
61
Opportunity Score
67
Market Cap
$177.5M
P/E Ratio
4.9
EPS
$0.99
52-Week High
$6.95
52-Week Low
$4.39
Beta
1.38
Intrinsic Value
$38.12
Analyst Target
$5.00
Shares Outstanding
40.3M
Total Revenue
$84.3M
Total Debt
$444.2M
Dividend
No current dividend
Liquidation Value / Share
$8.76
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Strong downward momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for TPVG
Detected from reported data — verify before acting.Elevated debt risk
Total debt is at least one year of revenue • Free cash flow is negative • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total callsNo personal call yet on TPVG.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Relationship-based lending strategy through the TriplePoint Lifespan Approach.
- +Access to proprietary deal flow from TriplePoint Capital's investment platform.
Potential downside factors
- −Debt risk (elevated): Total debt is at least one year of revenue.
- −Free cash flow is negative.
- −Cash covers less than 20% of total debt.
- −Credit risk associated with lending to venture growth stage companies.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
2 historical score records availablePrevious Score
59
Jul 24, 2026
Change
+1.3
points
Current Score
61
Oct 1, 2026
Category Changes
TPVG increased 1.3 points because Valuation improved by 15 points.
Positive Contributors
- + Valuation improved by 15 points
Projected Score
Projected Score
53
Projected Change
-7.2 points
Preliminary comparable-period financial changes suggest decline of approximately 7.2 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Review model assumptionsThis model estimate is more than three times the share price.
This is a formula-based estimate, not a verified fair value or price target. Check the earnings and growth assumptions.
Stored EPS: $0.99 · Growth assumption: 15.0% · Earnings multiplier: 38.5×.
Current Price
$4.36
Model Intrinsic Value
$38.12
Difference
−$33.76
-88.6% vs IV
Margin of Safety
88.6%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $84.3M | $97.2M | $71.2M | $6.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $20.2M | $16.0M | $25.7M | $33.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $64.1M | $81.2M | $45.5M | -$27.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $7.3M | $6.1M | $8.7M | $9.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $8.8M | $5.5M | $13.5M | $12.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $55.3M | $75.7M | $32.0M | -$39.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $55.3M | $75.7M | $32.0M | -$39.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $32.0M | $26.5M | $25.7M | $33.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $38.9M | $49.2M | $32.0M | -$39.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $200K | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $38.7M | $49.2M | $32.0M | -$39.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $0.99 | $1.22 | $0.82 | $-1.12 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 40.60M | 40.28M | 39.10M | 35.71M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 40.60M | 40.28M | 39.10M | 35.71M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$24.5M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.26
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+4.9%
Cash Change
-77.6%
Margin Change
-26.1 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Weakened
- Margins contracted
- Cash position declined
- Debt increased
Potential Score Impact
Positive indicators included revenue growth. Pressure indicators included EPS growth, cash levels, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 18.5%. EPS declined 21.2%. Cash declined 77.6%. Total debt increased 4.9%. Net income margin declined by 26.1 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
2 historical records2 historical score records available.
Historical Score Chart
2 of 2 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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News
TriplePoint Venture Growth BDC (NYSE:TPVG) Insider Sajal Srivastava Sells 313,865 Shares
TriplePoint Venture Growth BDC (NYSE:TPVG) CEO James Labe Buys 313,865 Shares of Stock
TriplePoint Venture Growth Offers A High Double-Digit Total Return Potential
Not All Venture Debt Dividend Yields Are Safe: Trinity Capital Vs. TriplePoint Venture
Rumor Mill · TPVG
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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