Carlyle Reports Third Quarter 2026 Financial Results
Carlyle Group Inc. (CG) filed an SEC Form 8-K — Results of Operations and Financial Condition. Page | 1 Exhibit 99.1 Carlyle Reports Third Quarter 2026 Financial Results Washington, D.C. and New York, NY – November 5, 2026 – The Carlyle Group Inc. (NASDAQ: CG) today reported its unau dited results for the third quarter ended September 30, 2026 . The full detailed presentat
How this was made
The 30-second read
Why it matters
The earnings release provides fresh data for valuation models and may trigger short‑term price movement.
Market read
First‑report earnings and dividend announcement for a large‑cap alternative‑asset manager, relevant for equity and income investors.
What to watch
Pending fee‑earning AUM growth and fundraising momentum may offset short‑term earnings weakness.
Carlyle Reports Third Quarter 2026 Financial Results
The release reports a U.S. GAAP loss before provision for income taxes of $77 million, while management described one of its strongest quarters of Distributable Earnings per share on record without providing the underlying Distributable Earnings per-share figure.
Key metrics
shortened, hover for the filing’s print| Metric | Value | q/q | y/y |
|---|---|---|---|
| Q3 2026 loss before provision for income taxesGAAP | $77M | – | – |
| Q3 2026 margin on loss before provision for income taxesGAAP | 23.0% | – | – |
| Assets under management as of September 30, 2026other | $479B | – | – |
Capital returns
- The Board of Directors declared a quarterly dividend of $0.35 per common share to holders of record at the close of business on November 16, 2026, payable on November 23, 2026.
- Harvey M. Schwartz said Carlyle was “approaching $100 billion in distributions since the beginning of 2024.”
What drove it
- Management cited the strength of Carlyle’s diversified global platform and momentum across the firm.
- Management cited near-record levels of Pending Fee-earning AUM.
- Management cited the early stages of a fundraising super-cycle.
Concerns
- The release reports a U.S. GAAP loss before provision for income taxes of $77 million.
- The release does not provide revenue, Distributable Earnings, Distributable Earnings per share, segment financial results, or historical comparisons.
- No financial outlook was provided in the filing text.
What to watch
- Pending Fee-earning AUM, which management described as near-record.
- Fundraising activity, which management characterized as being in the early stages of a powerful fundraising super-cycle.
- The quarterly dividend of $0.35 per common share, payable on November 23, 2026.
Analysis
Carlyle reported unaudited results for the third quarter ended September 30, 2026. The financial results included a U.S. GAAP loss before provision for income taxes of $77 million and a margin on loss before provision for income taxes of 23.0%. The filing text does not provide the revenue, net-income, earnings-per-share, expense, or cash-flow detail needed to assess the composition of this loss.
Management presented a more constructive operating narrative, describing the quarter as one of Carlyle’s strongest for Distributable Earnings per share on record. However, the release does not disclose either Distributable Earnings or Distributable Earnings per share. It also does not provide prior-year or prior-quarter values, so the reported period cannot be evaluated quantitatively against historical results from the filing text.
Carlyle reported $479 billion of assets under management as of September 30, 2026. The chief executive officer highlighted near-record levels of Pending Fee-earning AUM and an early-stage fundraising super-cycle as support for future growth, but the release provides no Pending Fee-earning AUM value, fundraising amount, or segment-level results for Global Private Equity, Global Credit, or Carlyle AlpInvest.
On capital allocation, the board declared a quarterly dividend of $0.35 per common share, payable on November 23, 2026, to shareholders of record on November 16, 2026. Management also said the firm was approaching $100 billion in distributions since the beginning of 2024. No share-repurchase activity, cash balance, debt balance, operating cash flow, free cash flow, or financial outlook was included in the provided filing text.
The central issue for investors is the gap between the disclosed U.S. GAAP loss before provision for income taxes and management’s positive commentary regarding Distributable Earnings per share, fundraising, and pending fee-earning assets. The underlying non-GAAP reconciliation, fee-related earnings detail, segment data, and forward guidance are absent from the provided release excerpt.
Management, verbatim
Our third quarter results reflect the strength of Carlyle’s diversified global platform and the significant momentum we continue to build across the firm. We delivered one of our strongest quarters of Distributable Earnings per share on record, while distinguishing ourselves as an outlier in returning capital to our investors, approaching $100 billion in distributions since the beginning of 2024. With near-record levels of Pending Fee-earning AUM and the early stages of a powerful fundraising super-cycle, we are exceptionally well positioned to accelerate growth in the years ahead.
Harvey M. Schwartz, Chief Executive Officer
Not in the filing
stated, not guessed- Total revenue and revenue growth
- Segment revenue and segment-level growth for Global Private Equity, Global Credit, and Carlyle AlpInvest
- Gross margin
- Operating expenses
- Operating income
- Net income
- GAAP earnings per share
- Distributable Earnings
- Distributable Earnings per share
- Non-GAAP reconciliation
- Prior-year and prior-quarter financial comparisons
- Operating cash flow
- Free cash flow
- Cash and cash equivalents
- Debt
- Share repurchases
- Pending Fee-earning AUM value
- Fundraising amounts
- Forward financial guidance
- Detailed earnings presentation referenced by the release
Written by an AI language model from the company’s SEC earnings filing (Form 8-K Item 2.02, or Form 6-K for a foreign private issuer). Every figure was checked against the filing text, and a metric whose value, prior period and change do not add up is dropped from the metrics. The model can still misread a table, in the metrics or in the text, so check a number in the filing before you rely on it. Consensus estimates, price targets and share-price reactions are not shown because they are not in the filing. AI-generated research, not investment advice.
Background
Carlyle Group (NASDAQ: CG) filed a Form 8‑K reporting its Q3 2026 financial results, including a $77 million loss and a $0.35 per share dividend.
Ticker impact
Carlyle Group reported Q3 2026 loss of $77 million and declared a $0.35 dividend, a fresh earnings disclosure.
potential downside as the loss may pressure the stock, but the dividend could provide some support
First‑report earnings numbers and dividend announcement create a mixed short‑term outlook.
Market effects
The loss highlights challenges in private‑equity earnings reporting, but the dividend underscores cash‑flow strength for the sector.
U.S. investors may adjust exposure to alternative‑asset managers following the earnings surprise.
Limited to investors tracking large‑cap alternative‑asset firms.
Counterpoint
The dividend could attract income‑focused investors despite the loss, offering a buying opportunity.
Key entities
- companyCarlyle Group Inc.
Global investment firm reporting Q3 2026 results.
- executiveHarvey M. Schwartz
CEO of Carlyle who commented on the results.
