Filing Flows › Carlyle Group (CG) › Q2 2026
Carlyle Group (CG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Carlyle Group (CG) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), -29% from a year earlier and +342% from the quarter before. Operating margin was 22.0%, net earnings $137M (12.2% of revenue).
Carlyle Group, Q2 2026: revenue $1.1B (-29% year over year), operating margin 22.0%, net earnings $137M, operating cash flow −$500K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +342% | -29% |
| Operating profit | $248M | — | -37% |
| Net earnings | $137M | — | -57% |
| Operating cash flow | −$500K | — | — |
What changed
Revenue was $1.1B in Q2 2026, down 29% year over year and up 342% from the previous quarter.
Operating profit was $0.25B, a 22.0% margin (down 3.0 points year over year). Total costs fell 26% while revenue fell 29%. Net earnings were $0.14B, down 57% year over year. The effective tax rate was 17.9%.
Operating cash flow was −$500K. Non-cash charges added back $0.05B of depreciation and amortization and $0.12B of share-based compensation. Working capital and other items used $0.39B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.03B.
Questions
What was Carlyle Group's revenue in the second quarter 2026?
Carlyle Group (CG) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), -29% from a year earlier and +342% from the quarter before.
Was Carlyle Group profitable in the second quarter 2026?
Operating profit was $248M (22.0% of revenue) and net earnings $137M.
Source: Carlyle Group 10-Q on SEC EDGAR.