The Carlyle Group revenue and financials
$38.88Change from previous close: −1.12%Absolute change: −$0.44
In the fiscal year ended December 2025, The Carlyle Group reported revenue of $4.78B (−11.91% year over year). Net income was $808.7M, a net margin of 16.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −11.91%
- 2025 vs 2024
- Net income growth
- −20.75%
- 2025 vs 2024
- Net margin
- 16.9%
- 2024: 18.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -0.5 | -1,242 | -1,195 | -1,560 | -169 | -352 | -353 | 792 | -1,270 | 71.1 | 254 | 800 |
| Depreciation and amortization | 51.3 | 50.5 | 49.0 | 48.5 | 47.7 | 46.9 | 47.1 | 46.2 | 45.5 | 45.3 | 43.6 | 48.9 |
| Capital expenditure | -32.0 | -28.1 | -42.0 | -23.2 | -17.5 | -16.7 | -26.7 | -19.1 | -17.7 | -14.2 | -17.0 | -17.1 |
| Investing cash flow | -32.0 | -28.1 | -42.0 | -23.2 | -17.5 | -16.7 | -26.7 | -14.0 | -22.7 | -14.2 | 40.9 | -29.2 |
| Financing cash flow | -360 | 988 | 975 | 2,489 | 230 | 297 | 312 | -347 | 934 | -217 | -152 | -355 |
| Dividends paid | -126 | -126 | -126 | -127 | -126 | -126 | -125 | -126 | -126 | -127 | -126 | -126 |
| Share repurchases | -304 | -205 | -204 | -203 | -104 | -177 | -75.8 | -151 | -178 | -150 | — | -42.9 |
| Debt issued | 385 | 612 | 1,285 | 2,543 | 496 | 575 | 605 | -108 | 1,294 | 45.3 | -74.6 | -88.9 |
| Debt repaid | -15.1 | -22.5 | -4.5 | -11.9 | -25.5 | -14.6 | -47.2 | -37.3 | -32.5 | -13.9 | -9.9 | -2.8 |
| Effect of exchange rates | -41.1 | -8.7 | 9.3 | 43.6 | 33.7 | 5.0 | -45.0 | 30.4 | -2.3 | -4.4 | 27.1 | -18.7 |
| Net change in cash | -425 | -291 | -253 | 950 | 77.6 | -67.2 | -112 | 462 | -361 | -164 | 170 | 397 |
| Free cash flow | -32.5 | -1,271 | -1,237 | -1,583 | -186 | -369 | -380 | 773 | -1,287 | 56.9 | 237 | 783 |