The Carlyle Group Inc. (CG) — Financial statements
Income statement, balance sheet, and cash flow for The Carlyle Group Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,898↑19.8% | 4,088↑119.0% | 1,867↓49.2% | 3,677↓36.9% | 5,824 | |
| Cost of Revenue | 1,669↑143.3% | 686↑26.3% | 543↑68.6% | 322↑10.3% | 292 | |
| Gross Profit | 3,229↓5.1% | 3,402↑156.9% | 1,324↓60.5% | 3,355↓39.3% | 5,532 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 784↑17.8% | 666↑2.1% | 652↑13.3% | 576↑33.4% | 432 | |
| Selling & Marketing Expenses | 1,270 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 2,054↑208.6% | 666↑2.1% | 652↑13.3% | 576↑33.4% | 432 | |
| Other Expenses | -108↓108.0% | 1,343↑5.5% | 1,273↑5.5% | 1,207↑12.5% | 1,073 | |
| Operating Expenses | 1,946↓3.1% | 2,009↑4.3% | 1,925↑8.0% | 1,783↑18.5% | 1,504 | |
| Total Costs & Expenses | 3,615↑34.1% | 2,695↑9.2% | 2,468↑17.3% | 2,105↑17.2% | 1,796 | |
| Operating Results | ||||||
| Operating Income | 1,283↓8.0% | 1,394↑331.9% | -601↓138.2% | 1,573↓61.0% | 4,028 | |
| Depreciation & Amortization | 54↓70.7% | 184↑1.9% | 181↑22.5% | 147↑183.5% | 52 | |
| EBITDA | 1,337↓15.3% | 1,578↑475.4% | -420↓124.4% | 1,720↓57.8% | 4,080 | |
| EBIT | 1,283↓8.0% | 1,394↑331.9% | -601↓138.2% | 1,573↓61.0% | 4,028 | |
| Interest & Other Income | ||||||
| Net Interest Income | 2,069↑1782.4% | 110↓39.5% | 182↑88.8% | 96↑218.5% | 30 | |
| Interest Income | 2,193↑175.5% | 796↑9.8% | 725↑73.2% | 418↑29.9% | 322 | |
| Interest Expense | 124↓81.9% | 686↑26.3% | 543↑68.6% | 322↑10.3% | 292 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -124 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 1,159↓16.8% | 1,394↑331.9% | -601↓138.2% | 1,573↓61.0% | 4,028 | |
| Income Tax Expense | 215↓29.1% | 303↑390.4% | -104↓136.2% | 288↓70.7% | 982 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 945↓13.4% | 1,091↑319.7% | -497↓138.7% | 1,285↓57.8% | 3,045 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 809↓20.7% | 1,020↑267.7% | -608↓149.7% | 1,225↓58.8% | 2,975 | |
| Bottom-Line Net Income | 809↓20.7% | 1,020↑267.7% | -608↓149.7% | 1,225↓58.8% | 2,975 | |
| EPS (Basic) | 2.25↓21.1% | 2.85↑269.6% | -1.68↓149.6% | 3.39↓59.5% | 8.37 | |
| EPS (Diluted) | 2.18↓21.3% | 2.77↑264.9% | -1.68↓150.1% | 3.35↓59.1% | 8.20 | |
| Weighted Average Shares | 360↑0.3% | 359↓0.8% | 361↑0.0% | 361↑1.7% | 355 | |
| Weighted Average Diluted Shares | 371↑0.8% | 368↑1.8% | 361↓1.2% | 366↑0.9% | 363 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.