Reported total revenues of $500.0 million for Q1 2026, down from $1.03 billion in Q1 2025. Net loss attributable to TPG Inc. was $1.45 million, compared to a net income of $25.4 million in the prior year period. Assets under management (AUM) reached $306.2 billion as of March 31, 2026. Fee-related earnings (FRE) increased to $246.9 million from $181.6 million in Q1 2025. Distributable earnings (DE) rose to $295.9 million, up from $197.8 million in the same period last year.