The Carlyle Group Inc. (CG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 359.3M | 1.01B | 573.4M | 977.3M | 666.5M | 771.3M | 1.29B | 737.9M | 598.8M | -373.7M | 627.3M | 437.1M | 633.5M | 647.3M | 813.7M | 751M | 1.14B | 1.3B | 1.07B | 1.64B |
| Gross Margin % | 189.5% | 54.55% | 73.47% | 83.1% | 82.51% | 83.2% | 87.07% | 80.17% | 79.4% | 169.17% | 82.41% | 76.7% | 83.7% | 86.28% | 90.95% | 91.75% | 94.18% | 94.09% | 93.66% | 95.79% |
| Gross Profit Growth % | -46.09% | 30.34% | -55.7% | 32.44% | 11.31% | 306.4% | 106.34% | 68.82% | -5.48% | -157.73% | -22.91% | -41.8% | -44.59% | -50.39% | -24.07% | -54.14% | -24.66% | 26.16% | 43.33% | 182.12% |
| Operating Expenses | 499.7M | 505.3M | 487.6M | 536.7M | 495.5M | 505.9M | 505.6M | 519.1M | 478.1M | 469M | 475.1M | 507.1M | 473.9M | 475.8M | 455.1M | 451.3M | 400.6M | 395.7M | 370.4M | 385M |
| OpEx % of Revenue | 263.55% | 27.42% | 62.47% | 45.63% | 61.34% | 54.57% | 34.01% | 56.4% | 63.39% | -212.31% | 62.41% | 88.98% | 62.61% | 63.42% | 50.87% | 55.14% | 33% | 28.53% | 32.37% | 22.52% |
| Selling, General & Admin | 0 | 0 | 180.7M | 205.5M | 173.6M | 153.4M | 176.6M | 187.9M | 147.7M | 181.4M | 143M | 168.5M | 159.2M | 188.6M | 149.2M | 131.7M | 106.3M | 131.3M | 99.6M | 109.1M |
| SG&A % of Revenue | - | - | 23.15% | 17.47% | 21.49% | 16.55% | 11.88% | 20.41% | 19.58% | -82.12% | 18.79% | 29.57% | 21.03% | 25.14% | 16.68% | 16.09% | 8.76% | 9.47% | 8.7% | 6.38% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -140.4M | 500M | 85.8M | 440.6M | 171M | 265.4M | 788.8M | 218.8M | 120.7M | -842.7M | 152.2M | -70M | 159.6M | 171.5M | 358.6M | 299.7M | 742.7M | 909.2M | 701.3M | 1.25B |
| Operating Margin % | -74.05% | 27.13% | 10.99% | 37.46% | 21.17% | 28.63% | 53.06% | 23.77% | 16% | 381.48% | 19.99% | -12.28% | 21.09% | 22.86% | 40.08% | 36.62% | 61.18% | 65.56% | 61.29% | 73.27% |
| Operating Income Growth % | -182.11% | 88.39% | -89.12% | 101.37% | 41.67% | 131.49% | 418.27% | 412.57% | -24.37% | -591.37% | -57.56% | -123.36% | -78.51% | -81.14% | -48.87% | -76.08% | -36.21% | 30.43% | 68.95% | 387.81% |
| EBITDA | -124.5M | 514.5M | 134.3M | 488.3M | 217.9M | 312.5M | 835M | 264.3M | 166M | -799.1M | 201.1M | -25.9M | 203.6M | 216.2M | 401.4M | 340.2M | 762.1M | 920.7M | 715M | 1.27B |
| EBITDA Margin % | -65.66% | 27.92% | 17.21% | 41.52% | 26.97% | 33.71% | 56.16% | 28.72% | 22.01% | 361.75% | 26.42% | -4.54% | 26.9% | 28.82% | 44.86% | 41.56% | 62.78% | 66.39% | 62.49% | 74.05% |
| EBITDA Growth % | -157.14% | 64.64% | -83.92% | 84.75% | 31.27% | 139.11% | 315.22% | 1120.46% | -18.47% | -469.61% | -49.9% | -107.61% | -73.28% | -76.52% | -43.86% | -73.13% | -35.29% | 29.62% | 67.06% | 368.58% |
| D&A (Non-Cash Add-back) | 15.9M | 14.5M | 48.5M | 47.7M | 46.9M | 47.1M | 46.2M | 45.5M | 45.3M | 43.6M | 48.9M | 44.1M | 44M | 44.7M | 42.8M | 40.5M | 19.4M | 11.5M | 13.7M | 13.4M |
| EBIT | -140.4M | 500.1M | 85.8M | 440.6M | 171M | 265.4M | 788.8M | 218.8M | 120.7M | -842.7M | 152.2M | -70M | 159.6M | 171.5M | 358.6M | 299.7M | 742.7M | 909.2M | 701.3M | 1.25B |
| Net Interest Income | -420.3M | 1.2B | -6.6M | -1.3M | 32.3M | 28.3M | 17.9M | 18.9M | 44.8M | 52.5M | 59.2M | 39.5M | 30.4M | 34.6M | 27M | 22.9M | 11.7M | -8.5M | 6.3M | 5.6M |
| Interest Income | -381.7M | 1.24B | 200.5M | 197.5M | 173.6M | 184M | 210.2M | 201.4M | 200.2M | 205.3M | 193.1M | 172.3M | 153.8M | 137.5M | 108M | 90.4M | 82.3M | 73.4M | 78.8M | 77.6M |
| Interest Expense | 38.6M | 38.3M | 207.1M | 198.8M | 141.3M | 155.7M | 192.3M | 182.5M | 155.4M | 152.8M | 133.9M | 132.8M | 123.4M | 102.9M | 81M | 67.5M | 70.6M | 81.9M | 72.5M | 72M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -179M | 461.8M | 85.8M | 440.6M | 171M | 265.4M | 788.8M | 218.8M | 120.7M | -842.7M | 152.2M | -70M | 159.6M | 171.5M | 358.6M | 299.7M | 742.7M | 909.2M | 701.3M | 1.25B |
| Pretax Margin % | -94.41% | 25.06% | 10.99% | 37.46% | 21.17% | 28.63% | 53.06% | 23.77% | 16% | 381.48% | 19.99% | -12.28% | 21.09% | 22.86% | 40.08% | 36.62% | 61.18% | 65.56% | 61.29% | 73.27% |
| Income Tax | -37.1M | 116.3M | -26.7M | 112.5M | 12.4M | 38.1M | 173.1M | 69.5M | 21.9M | -172.4M | 41.2M | -7.3M | 34.3M | 12.9M | 76.2M | 50.8M | 147.9M | 248.8M | 153.9M | 306.2M |
| Effective Tax Rate % | 20.73% | 25.18% | -31.12% | 25.53% | 7.25% | 14.36% | 21.94% | 31.76% | 18.14% | 20.46% | 27.07% | 10.43% | 21.49% | 7.52% | 21.25% | 16.95% | 19.91% | 27.36% | 21.94% | 24.44% |
| Net Income | -132.2M | 358.1M | 900K | 319.7M | 130M | 210.9M | 595.7M | 148.2M | 65.6M | -692M | 81.3M | -98.4M | 100.7M | 127.2M | 280.8M | 245.4M | 571.6M | 647.6M | 532.8M | 925M |
| Net Margin % | -69.73% | 19.43% | 0.12% | 27.18% | 16.09% | 22.75% | 40.07% | 16.1% | 8.7% | 313.26% | 10.68% | -17.27% | 13.3% | 16.96% | 31.38% | 29.98% | 47.09% | 46.7% | 46.57% | 54.1% |
| Net Income Growth % | -201.69% | 69.8% | -99.85% | 115.72% | 98.17% | 130.48% | 632.72% | 250.61% | -34.86% | -644.03% | -71.05% | -140.1% | -82.38% | -80.36% | -47.3% | -73.47% | -34.25% | 24.83% | 80.3% | 534% |
| Net Income (Continuing) | -141.9M | 345.5M | 112.5M | 328.1M | 158.6M | 227.3M | 615.7M | 149.3M | 98.8M | -670.3M | 111M | -62.7M | 125.3M | 158.6M | 282.4M | 248.9M | 594.8M | 660.4M | 547.4M | 946.5M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.97B | 1.3B | 1.23B | 857.1M | 807.8M | 740.7M | 788.7M | 699.5M | 669.3M | 593.1M | 584.7M | 680.9M | 636.7M | 600.3M | 537.2M | 446M | 444.3M | 427.2M | 273.8M | 285M |
| EPS (Diluted) | -0.37 | 0.96 | 0.00 | 0.87 | 0.35 | 0.57 | 1.63 | 0.40 | 0.18 | -1.92 | 0.22 | -0.27 | 0.28 | 0.35 | 0.77 | 0.67 | 1.57 | 1.81 | 1.46 | 2.55 |
| EPS Growth % | -205.71% | 68.42% | -99.85% | 117.5% | 94.44% | 129.69% | 640.91% | 248.15% | -35.71% | -648.57% | -71.43% | -140.3% | -82.17% | -80.66% | -47.26% | -73.73% | -34.85% | 22.3% | 78.05% | 521.95% |
| EPS (Basic) | -0.37 | 1.00 | 0.00 | 0.89 | 0.36 | 0.59 | 1.67 | 0.41 | 0.18 | -1.92 | 0.23 | -0.27 | 0.28 | 0.35 | 0.77 | 0.68 | 1.60 | 1.86 | 1.50 | 2.61 |
| Diluted Shares Outstanding | 359.2M | 373.9M | 376.5M | 367M | 366.34M | 370.9M | 365.46M | 366.9M | 369.34M | 360.8M | 363.66M | 361.26M | 365.36M | 366.6M | 366.79M | 366.31M | 363.01M | 355.6M | 364.74M | 362.15M |
| Basic Shares Outstanding | 359.2M | 358.8M | 360.1M | 360.4M | 359.46M | 357.4M | 356.71M | 358.32M | 364.45M | 360.8M | 360.57M | 361.26M | 362.94M | 362.09M | 362.9M | 361.45M | 357.57M | 355.6M | 355.95M | 354.51M |
| Dividend Payout Ratio | - | 35.16% | 14055.56% | 39.51% | 97.23% | 59.36% | 21.07% | 84.75% | 193.14% | - | 155.35% | - | 117.58% | 92.92% | 42.13% | 47.92% | 15.66% | 13.76% | 16.76% | 9.59% |