Filing Flows › Carlyle Group (CG) › Q2 2026 › vs Q2 2025
Carlyle Group (CG) Q2 2026 vs Q2 2025 (year over year)
Carlyle Group's revenue fell $449M (-29%) from $1.6B in Q2 2025 to $1.1B in Q2 2026. Operating margin 22.0% against 25.0% (-3.0 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 22.0% | 25.0% | -3.0 pts |
| Net margin | 12.2% | 20.3% | -8.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1B | $1.6B | −$449M | -29% |
| Other income, net | $26.2M | $46.8M | −$20.6M | -44% |
| Operating profit | $248M | $394M | −$146M | -37% |
| Costs & expenses | $876M | $1.2B | −$303M | -26% |
| Pre-tax earnings | $274M | $441M | −$167M | -38% |
| Net earnings | $137M | $320M | −$183M | -57% |
| Minority interests | $87.7M | $8.4M | $79.3M | +944% |
| Income tax | $49.0M | $112M | −$63.5M | -56% |
| Operating cash sources | $305M | $629M | −$324M | -52% |
| Depreciation & amortization | $51.3M | $47.7M | $3.6M | +8% |
| Share-based compensation | $116M | $92.9M | $23.1M | +25% |
| Cash used in operations | $500K | $169M | −$168M | -100% |
| Working capital & other | $305M | $629M | −$324M | -52% |
Questions
How much did Carlyle Group's revenue grow year over year in Q2 2026?
Carlyle Group's revenue fell $449M (-29%) from $1.6B in Q2 2025 to $1.1B in Q2 2026. Operating margin 22.0% against 25.0% (-3.0 pts).