Filing Flows › Carlyle Group (CG) › Q3 2026
Carlyle Group (CG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Carlyle Group (CG) reported revenue of $334M for the third quarter 2026 (Q3 2026), +0.4% from a year earlier and -70% from the quarter before. Operating margin was -16.2%, net loss $76.8M (23.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $334M | -70% | +0.4% |
| Operating profit | −$54.2M | -122% | — |
| Net earnings | −$76.8M | -156% | -168% |
| Operating cash flow | $361M | — | — |
| Free cash flow | $334M | — | — |
What changed
Revenue was $334.1M in Q3 2026, roughly flat year over year and down 70% from the previous quarter.
Operating costs exceeded revenue by $54.2M, an operating margin of -16.2%. Total costs grew 5% against flat revenue. The quarter ended with a net loss of $76.8M, after a profit of $224.8M the previous quarter. Minority interests bore $69.1M of it: to shareholders the quarter was a loss of $7.7M.
Operating cash flow was $361.1M. Non-cash charges added back $52.0M of depreciation and amortization and $100.8M of share-based compensation. Working capital and other items added $285.1M. Capital expenditures of $27.4M left free cash flow of $333.7M.
Questions
What was Carlyle Group's revenue in the third quarter 2026?
Carlyle Group (CG) reported revenue of $334M for the third quarter 2026 (Q3 2026), +0.4% from a year earlier and -70% from the quarter before.
Was Carlyle Group profitable in the third quarter 2026?
Operating loss was $54.2M (-16.2% of revenue) and net loss $76.8M.
Source: Carlyle Group 10-Q on SEC EDGAR.