Carlyle Group Inc.: Q2 FY2026 earnings call

What management said about Q2 FY2026, from the documents filed with the SEC on 5 August 2026: press release. Guidance figures: 1 kept. The quarter’s numbers.

Key takeaways

Pre-tax income of $274 million: Income before provision for income taxes was $274 million under U.S. GAAP, a 24.4% margin, compared with a $179 million pre-tax loss in the first quarter. Source
Record Fee Related Earnings reported: The company reported record Fee Related Earnings and its highest Distributable Earnings in nearly four years. Source
Fundraising and realizations cited: Management named fundraising and realization activity alongside the earnings measures as drivers of the quarter. Source
Assets under management reached $485 billion: Assets under management were $485 billion as of June 30, 2026. Source
Quarterly dividend of $0.35: The Board declared a $0.35 per share quarterly dividend, with a record date of August 17, 2026 and payment on August 26, 2026. Source
Diversified platform cited: Management attributed the quarter's results to the company's diversified platform, calling the quarter one of its strongest in recent years. Source

“The second quarter was one of Carlyle’s strongest quarters in recent years, underscoring the power of our diversified platform.”
Carlyle Chief Executive Officer Harvey M. Schwartz

Guidance

Area	Period	Figure	Against last quarter
Quarterly dividend Source	Declared August 2026, record date August 17, 2026, payable August 26, 2026	$0.35 per common share	Kept

What changed from last quarter

New: The company's stated purpose was reworded from investing wisely and creating value to connecting people, ideas, and capital to fuel growth.

Results and earnings

Pre-tax income of $274 million: Income before provision for income taxes was $274 million under U.S. GAAP, a 24.4% margin, compared with a $179 million pre-tax loss in the first quarter. Source
First quarter was a pre-tax loss: The first-quarter release reported a loss before provision (benefit) for income taxes of $179 million and a margin of 70.5% on that loss.
Record Fee Related Earnings reported: The company reported record Fee Related Earnings and its highest Distributable Earnings in nearly four years. Source

Fundraising and realizations

Fundraising and realizations cited: Management named fundraising and realization activity alongside the earnings measures as drivers of the quarter. Source
Distributions to clients reported: Management said the company distributed nearly $7 billion during the quarter and $37 billion over the past year. Source
Industry leader position claimed: Management said the company continues to distinguish itself as an industry leader in returning capital to clients. Source

“Carlyle continues to distinguish itself as an industry leader and an outlier in returning capital to our clients, distributing nearly $7 billion during the quarter and $37 billion over the past year.”
Carlyle Chief Executive Officer Harvey M. Schwartz

Assets under management

Assets under management reached $485 billion: Assets under management were $485 billion as of June 30, 2026. Source
Prior quarter-end assets under management: The first-quarter release gave assets under management of $475 billion as of March 31, 2026.
Purpose tied to capital and growth: Management described the company's purpose as connecting people, ideas, and capital to fuel growth for companies and performance for investors. Source

Segments and footprint

Three business segments named: Carlyle deploys private capital across Global Private Equity, Global Credit, and Carlyle AlpInvest. The release gives no segment-level figures. Source
Workforce and office footprint: The company employs more than 2,500 people in 28 offices across four continents. Source
Purpose wording changed: The first-quarter release described the purpose as investing wisely and creating value for investors, portfolio companies and communities.

Dividend and investor communications

Quarterly dividend of $0.35: The Board declared a $0.35 per share quarterly dividend, with a record date of August 17, 2026 and payment on August 26, 2026. Source
Dividend dates set: The dividend is payable to holders of record at the close of business on August 17, 2026, and paid on August 26, 2026. Source
Results conference call held: The company hosted a conference call at 8:30 a.m. EDT on August 5, 2026 to announce second quarter 2026 results. Source

Strategy and positioning

Diversified platform cited: Management attributed the quarter's results to the company's diversified platform, calling the quarter one of its strongest in recent years. Source
Disciplined execution credited: Management attributed the performance to disciplined execution of strategy and momentum built across the firm. Source
Industry leader position claimed: Management said the company continues to distinguish itself as an industry leader. Source

Coming up, as management said on 5 August 2026

Dividend payment date: The dividend of $0.35 per share is payable on August 26, 2026 to holders of record on August 17, 2026. Source

Figures management reported

Figure	Reported
Assets under management Source	$485 billion as of June 30, 2026
Capital distributed to clients in the quarter Source	nearly $7 billion
Capital distributed to clients over the past year Source	$37 billion

Other quarters

Summarised with AI from the documents the company filed with the SEC. Every point is checked against the filing before it is shown: management’s own words word for word, figures against the line or table row they come from. A point that fails the check is left out. Source opens the filing at that line.

As filed with the SEC

Open the filing on EDGAR

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Carlyle Reports Second Quarter 2026 Financial Results

Washington,

D.C. and New York, NY - August 5, 2026 - The Carlyle Group Inc. (NASDAQ: CG) today reported its unaudited results for the second quarter ended June 30, 2026. The full detailed presentation of Carlyle’s second quarter 2026 results can be viewed at ir.carlyle.com.

U.S. GAAP results for Q2 2026 included income before provision for income taxes of $274 million and a margin on income before provision for income taxes of 24.4%.

Carlyle Chief Executive Officer Harvey M. Schwartz said, “The second quarter was one of Carlyle’s strongest quarters in recent years, underscoring the power of our diversified platform. We delivered record Fee Related

Earnings, our highest Distributable Earnings in nearly four years, alongside strong fundraising, and exceptional realization activity. Carlyle continues to distinguish itself as an industry leader and an outlier in returning capital to our clients, distributing nearly $7 billion during the quarter and $37 billion over the past year. This performance reflects the disciplined execution of our strategy and the momentum we continue to build across the firm.”

Dividend

The Board of Directors has declared a quarterly dividend of $0.35 per common share to holders of record at the close of business on August 17, 2026, payable on August 26, 2026.

Conference Call

Carlyle will host a conference call at 8:30 a.m. EDT on Wednesday, August 5, 2026, to announce its second quarter

2026 financial results. The conference call will be available via public webcast from the Events & Presentations section of ir.carlyle.com and a replay will also be available on our website soon after the call’s completion.

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $485 billion of assets under management as of June 30, 2026, Carlyle’s purpose is to connect people, ideas, and capital to fuel growth for companies and performance for investors. Carlyle employs more than 2,500 people in 28 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

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Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to our expectations, estimates, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions and statements that are not historical facts, including our expectations regarding the performance of our business, our financial results, our liquidity and capital resources, contingencies, and our dividend policy. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,”

“predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks, uncertainties, and assumptions. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements including, but not limited to, those described in this press release and under the section entitled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the

U.S. Securities and Exchange Commission (“SEC”) on February 27, 2026, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in our other periodic filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments, or otherwise, except as required by applicable law.

This press release does not constitute an offer for any Carlyle fund.

Contacts
Investor Relations · Daniel Harris · Phone: +1 (212) 813-4527 · daniel.harris@carlyle.com
Media · Brittany Bensaull · Phone: +1 (212) 813-4839 · brittany.bensaull@carlyle.com