Carlyle (CG) revenue breakdown
By segment, Global Private Equity is the largest at 55% of fiscal 2025 revenue; Global Credit grew fastest, 18% a year over 9 years.
By region, Americas is the largest at 69% of fiscal 2025 revenue; EMEA grew fastest, 7% a year over 8 years.
Revenue by segment
Fiscal years, as Carlyle reports them in its 10-K filings; fiscal 2025 total $3.9B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Global Private Equity | — | — | $1.6B | $1.5B | $1.5B | $4.1B | $3.2B | $2.3B | $2.2B | $2.1B | 55% |
| Global Credit | $248M | $293M | $282M | $350M | $414M | $451M | $800M | $779M | $923M | $1.1B | 28% |
| Carlyle AlpInvest | $208M | $243M | $275M | $231M | $351M | $426M | $422M | $348M | $484M | $656M | 17% |
| Corporate Private Equity | $1.7B | $1.4B | — | — | — | — | — | — | — | — | — |
| Real Assets | $287M | $303M | — | — | — | — | — | — | — | — | — |
Revenue by region
Fiscal years, as Carlyle reports them in its 10-K filings; fiscal 2025 total $4.8B.
| Regions | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Americas | $2.3B | $1.6B | $2.3B | $1.8B | $5.4B | $2.6B | $1.3B | $4.1B | $3.3B | 69% |
| EMEA | $838M | $876M | $815M | $622M | $2.6B | $1.6B | $1.3B | $1.0B | $1.5B | 30% |
| Asia-Pacific | $540M | -$44M | $296M | $525M | $718M | $275M | $356M | $282M | $47M | 1% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for CG.
Open CG in InvestinglyQuestions
Where does Carlyle make its money?
In fiscal 2025, by segment: Global Private Equity $2.1B, Global Credit $1.1B, Carlyle AlpInvest $656M.
From Carlyle's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.