The Carlyle Group Inc. (CG)

The Carlyle Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Transaction-Based Revenues	2,395	2,397	2,188	2,043	2,030	1,668
Net Interest Income	902	851	849.8	782.2	446.9	343.9
Net Interest Income Growth	11.18%	0.14%	8.64%	75.03%	29.95%	8.69%
Other Revenues	764.2	1,532	2,388	138.5	1,962	6,133
Revenue	4,061	4,780	5,426	2,964	4,439	8,782
Revenue Growth (YoY)	-28.89%	-11.91%	83.06%	-33.23%	-49.46%	199.26%
Cost of Revenue	1,692	2,206	2,705	2,377	1,926	4,032
Gross Profit	2,369	2,574	2,721	587.4	2,513	4,750
Selling, General & Admin	795.3	784.3	665.6	652.1	575.8	431.7
Operating Income	1,574	1,789	2,055	-64.7	1,937	4,318
Interest Income	47.4	117.9	24	6.9	-41.5	2.5
Interest Expense	-811.9	-748.2	-685.9	-542.9	-322	-291.8
Other Non-Operating Income (Expense)	0.3	0.2	0.3	-0.2	-1	-1.5
Total Non-Operating Income (Expense)	-764.2	-630.1	-661.6	-536.2	-364.5	-290.8
Pretax Income	809.2	1,159	1,394	-600.9	1,573	4,028
Provision for Income Taxes	165	214.5	302.6	-104.2	287.8	982.3
Net Income	546.5	808.7	1,020	-608.4	1,225	3,045
Minority Interest in Earnings	97.7	136	70.7	111.7	59.7	-
Net Income to Common	546.5	808.7	1,020	-608.4	1,225	3,045
Net Income Growth	-49.62%	-20.75%	-	-	-59.77%	774.55%
Shares Outstanding (Basic)	360	360	359	361	361	355
Shares Outstanding (Diluted)	369	371	368	361	366	363
Shares Change (YoY)	0.52%	0.78%	1.83%	-1.18%	0.86%	1.17%
EPS (Basic)	1.52	2.25	2.85	-1.68	3.39	8.37
EPS (Diluted)	1.46	2.18	2.77	-1.68	3.35	8.20
EPS Growth	-50.51%	-21.30%	-	-	-59.15%	745.36%
Shares Outstanding	359.84	357.37	357.18	361.33	362.3	355.37
Free Cash Flow	-4,277	-3,375	-837.2	138.3	-419.9	1,750
Free Cash Flow Per Share	-11.67	-9.10	-2.27	0.38	-1.15	4.83
Dividends Per Share	1.400	1.400	1.400	1.400	1.300	1.000
Dividend Growth	-	-	-	7.69%	30.00%	-
Gross Margin	58.33%	53.84%	50.15%	19.82%	56.61%	54.09%
Operating Margin	38.75%	37.43%	37.88%	-2.18%	43.64%	49.17%
Profit Margin	15.86%	19.76%	20.11%	-16.76%	28.94%	34.68%
FCF Margin	-105.32%	-70.61%	-15.43%	4.67%	-9.46%	19.92%
EBITDA	1,769	1,981	2,239	115.9	2,084	4,370
EBITDA Margin	43.57%	41.45%	41.27%	3.91%	46.96%	49.76%
EBIT	1,574	1,789	2,055	-64.7	1,937	4,318
EBIT Margin	38.75%	37.43%	37.88%	-2.18%	43.64%	49.17%
Effective Tax Rate	20.39%	18.50%	21.71%	17.34%	18.30%	24.39%

Updated May 8, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q