Carlyle Group Financial Statements
NASDAQ: CGFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Carlyle Group revenue and earnings
In fiscal 2025, Carlyle Group generated $4.78 billion in revenue, down 11.9% from fiscal 2024, its first annual decline since 2023. Net income was $808.7 million (-20.7% year over year), for a net margin of 16.9% versus a median of 18.8% in the prior 5 years. Diluted earnings per share came in at $2.18, down from $2.77.
Over the last 5 fiscal years, CG's revenue has grown at a 10.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Carlyle Group income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.78B | 5.43B | 2.96B | 4.44B | 8.78B | 2.93B | 3.38B | 2.43B | 3.68B | 2.27B |
| Revenue growth (YoY) | -11.91% | +83.06% | -33.23% | -49.46% | +199.26% | -13.10% | +39.13% | -33.98% | +61.64% | -24.35% |
| Cost of Revenue | — | — | — | — | — | — | — | — | 64.40M | 31.30M |
| Gross Profit | — | — | — | — | — | — | — | — | 3.61B | 2.24B |
| Interest Expense | 123.90M | 121.00M | 123.80M | 110.40M | 113.30M | 94.00M | 82.10M | 82.20M | 65.50M | 61.30M |
| Other Income (Expense) | 200.00K | 300.00K | -200.00K | -1.00M | -1.50M | 7.20M | -1.30M | -1.10M | 71.40M | 11.20M |
| Pretax Income | 1.16B | 1.39B | -600.90M | 1.57B | 4.03B | 580.00M | 1.23B | 360.20M | 1.13B | 45.30M |
| Income Tax | 214.50M | 302.60M | -104.20M | 287.80M | 982.30M | 197.20M | 49.00M | 31.30M | 124.90M | 30.00M |
| Net Income | 808.70M | 1.02B | -608.40M | 1.23B | 2.97B | 348.20M | 380.90M | 116.50M | 244.10M | 6.40M |
| Net Income growth (YoY) | -20.75% | — | -149.67% | -58.82% | +754.31% | -8.58% | +226.95% | -52.27% | +3714.06% | — |
| EPS (Basic) | 2.25 | 2.85 | -1.68 | 3.39 | 8.37 | 0.99 | 3.05 | 0.89 | 2.58 | 0.08 |
| EPS (Diluted) | 2.18 | 2.77 | -1.68 | 3.35 | 8.20 | 0.97 | 2.82 | 0.82 | 2.38 | -0.08 |
| Shares Outstanding (Basic) | 359.68M | 358.58M | 361.40M | 361.28M | 355.24M | 350.46M | 113.08M | 104.20M | 92.14M | 82.71M |
| Shares Outstanding (Diluted) | 370.91M | 368.02M | 361.40M | 365.71M | 362.57M | 358.39M | 122.63M | 113.39M | 100.08M | 308.52M |
| Gross Margin | — | — | — | — | — | — | — | — | 98.25% | 98.62% |
| Net Margin | 16.92% | 18.81% | -20.53% | 27.60% | 33.87% | 11.87% | 11.28% | 4.80% | 6.64% | 28.00% |
This table shows 10 annual periods of Carlyle Group's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CG's reporting calendar. What is a income statement?