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Filing Flows › Carlyle Group (CG) › Q2 2026 › vs Q1 2026

Carlyle Group (CG) Q2 2026 vs Q1 2026 (quarter over quarter)

Carlyle Group's revenue rose $870M (+342%) from $254M in Q1 2026 to $1.1B in Q2 2026. Operating margin 22.0% against -45.1% (+67.2 pts).

Carlyle Group, Q2 2026: revenue $1.1B (-29% year over year), operating margin 22.0%, net earnings $137M, operating cash flow −$500K. The chart draws each line against Q1 2026, the increases inside each band.

Carlyle Group: what changed, Q2 2026 vs Q1 2026Carlyle Group: what changed, Q2 2026 vs Q1 2026Cash used in operations−$1.2BOperating cash sources−$976MWorking capital & other−$976MCosts & expenses$507MPre-tax earnings$453MOperating profit$362MNet earnings$269MMinority interests$97.4MOther income, net$90.6MIncome tax$86.1M

Margins

Q2 2026Q1 2026Change
Operating margin22.0%-45.1%+67.2 pts
Net margin12.2%-52.0%+64.3 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$1.1B$254M$870M+342%
Other income, net$26.2M−$64.4M$90.6M—
Operating profit$248M−$115M$362M—
Costs & expenses$876M$369M$507M+138%
Pre-tax earnings$274M−$179M$453M—
Net earnings$137M−$132M$269M—
Minority interests$87.7M−$9.7M$97.4M—
Income tax$49.0M−$37.1M$86.1M—
Operating cash sources$305M$1.3B−$976M-76%
Depreciation & amortization$51.3M$50.5M$800K+2%
Share-based compensation$116M$120M−$3.8M-3%
Cash used in operations$500K$1.2B−$1.2B-100%
Working capital & other$305M$1.3B−$976M-76%

Questions

How much did Carlyle Group's revenue grow quarter over quarter in Q2 2026?

Carlyle Group's revenue rose $870M (+342%) from $254M in Q1 2026 to $1.1B in Q2 2026. Operating margin 22.0% against -45.1% (+67.2 pts).

Q2 2026 results → · Compare in the interactive Sankey →