Filing Flows › Carlyle Group (CG) › Q3 2026 › vs Q2 2026
Carlyle Group (CG) Q3 2026 vs Q2 2026 (quarter over quarter)
Carlyle Group's revenue fell $789M (-70%) from $1.1B in Q2 2026 to $334M in Q3 2026.
Carlyle Group, Q3 2026: revenue $334M (+0.4% year over year), operating margin -16.2%, net loss $76.8M, operating cash flow $361M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 99.9% | -2.9% | +102.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $334M | $1.1B | −$789M | -70% |
| Income tax benefit | $100K | −$49.0M | $49.1M | — |
| Net loss | $76.8M | −$225M | $302M | — |
| Costs & expenses | $411M | $1.1B | −$739M | -64% |
| Operating costs | $388M | $876M | −$488M | -56% |
| Interest & other, net | $22.7M | −$26.2M | $48.9M | — |
| Operating cash sources | $438M | −$225M | $663M | — |
| Depreciation & amortization | $52.0M | $51.3M | $700K | +1% |
| Share-based compensation | $101M | $116M | −$15.2M | -13% |
| Working capital & other | $285M | −$393M | $678M | — |
| Net loss absorbed | $76.8M | −$225M | $302M | — |
| Operating cash flow | $361M | −$500K | $362M | — |
| Free cash flow (OCF − capex) | $334M | −$32.5M | $366M | — |
| Capital expenditures | $27.4M | $32.0M | −$4.6M | -14% |
Questions
How much did Carlyle Group's revenue grow quarter over quarter in Q3 2026?
Carlyle Group's revenue fell $789M (-70%) from $1.1B in Q2 2026 to $334M in Q3 2026.