TriplePoint Venture Growth BDC Corp. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 4, 2026, reporting a net decrease in net assets from operations of $1.714 million for the third quarter.

Key Highlights

  • Net decrease from operations: The company reported a net decrease in net assets resulting from operations of $1.714 million for the three months ended September 30, 2026, compared to a net increase of $15.233 million in the same period of 2025.
  • Net asset value per share: NAV per share declined to $8.32 as of September 30, 2026, from $8.73 as of December 31, 2025, according to the filing.
  • Total distributions declared per share: The company declared $0.35 per share in total distributions for Q3 2026, comprising $0.23 regular and $0.12 supplemental, compared to $0.23 per share in Q3 2025.
  • Net investment income: Net investment income after excise taxes was $6.586 million for the three months ended September 30, 2026, down from $10.310 million in the prior-year quarter.
  • Total investments at fair value: Total investments at fair value were $717.341 million as of September 30, 2026, against an amortized cost of $749.313 million.
  • Shares outstanding: There were 40,842,783 shares of common stock outstanding as of November 4, 2026.
  • New debt issuance: The filing shows 7.50% 2028 Notes with a carrying value of $74.798 million as of September 30, 2026, a balance not present at December 31, 2025.

TriplePoint Venture Growth BDC: Q3 2026 Financial Results and Balance Sheet Position

According to the filing, TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) recorded total investment and other income of $20.173 million for the three months ended September 30, 2026, down from $22.656 million in the same period of 2025. Interest income from investments was $17.569 million for Q3 2026, while payment-in-kind interest income was $2.462 million, compared to $4.796 million in Q3 2025. Total operating expenses net of an income incentive fee waiver were $13.237 million for the quarter, resulting in net investment income before excise taxes of $6.936 million.

The company disclosed net realized losses on non-controlled/unaffiliated investments of $26.421 million for the three months ended September 30, 2026, partially offset by net unrealized gains of $18.211 million on the same category, producing a combined net realized and unrealized loss of $8.300 million for the quarter. For the nine months ended September 30, 2026, net investment income after excise taxes was $24.045 million, and the net increase in net assets from operations was $15.113 million, or $0.37 per share.

On the balance sheet, total assets were $749.649 million and total liabilities were $409.729 million as of September 30, 2026, leaving total net assets of $339.920 million. The revolving credit facility balance stood at $150.000 million, up from $95.000 million at December 31, 2025. Total distributable earnings reflected a deficit of $176.525 million as of September 30, 2026, compared to a deficit of $161.183 million at year-end 2025. The income incentive fee waiver reduced total operating expenses by $3.161 million for the nine-month period, the filing stated.

What Was Disclosed

TriplePoint Venture Growth BDC Corp. disclosed its unaudited financial results for the quarter and nine months ended September 30, 2026, covering investment income, operating expenses, net asset value, realized and unrealized gains and losses, distributions, and balance sheet composition as of that date.