vs
Side-by-side financial comparison of Carlyle Group Inc. (CG) and Fabrinet (FN). Click either name above to swap in a different company.
Carlyle Group Inc. is the larger business by last-quarter revenue ($1.9B vs $1.1B, roughly 1.7× Fabrinet). Carlyle Group Inc. runs the higher net margin — 18.8% vs 9.9%, a 8.9% gap on every dollar of revenue. On growth, Carlyle Group Inc. posted the faster year-over-year revenue change (84.1% vs 35.9%). Fabrinet produced more free cash flow last quarter ($-5.3M vs $-1.2B). Over the past eight quarters, Carlyle Group Inc.'s revenue compounded faster (66.2% CAGR vs 24.4%).
The Carlyle Group Inc. is an American multinational company with operations in private equity, alternative asset management and financial services. As of 2023, the company had $426 billion of assets under management.
FabrinetFNEarnings & Financial Report
Below is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index sometimes contains more than 400 stocks when it includes two or more share classes of stock from one of its component companies.
CG vs FN — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $1.1B |
| Net Profit | $358.1M | $112.6M |
| Gross Margin | — | 12.2% |
| Operating Margin | 24.3% | 10.1% |
| Net Margin | 18.8% | 9.9% |
| Revenue YoY | 84.1% | 35.9% |
| Net Profit YoY | 69.8% | 30.0% |
| EPS (diluted) | $0.96 | $3.11 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.9B | $1.1B | ||
| Q3 25 | $332.7M | $978.1M | ||
| Q2 25 | $1.6B | $909.7M | ||
| Q1 25 | $973.1M | $871.8M | ||
| Q4 24 | $1.0B | $833.6M | ||
| Q3 24 | $2.6B | $804.2M | ||
| Q2 24 | $1.1B | $753.3M | ||
| Q1 24 | $688.4M | $731.5M |
| Q4 25 | $358.1M | $112.6M | ||
| Q3 25 | $900.0K | $95.9M | ||
| Q2 25 | $319.7M | $87.2M | ||
| Q1 25 | $130.0M | $81.3M | ||
| Q4 24 | $210.9M | $86.6M | ||
| Q3 24 | $595.7M | $77.4M | ||
| Q2 24 | $148.2M | $81.1M | ||
| Q1 24 | $65.6M | $80.9M |
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | 11.9% | ||
| Q2 25 | — | 12.2% | ||
| Q1 25 | — | 11.7% | ||
| Q4 24 | — | 12.1% | ||
| Q3 24 | — | 12.3% | ||
| Q2 24 | — | 12.3% | ||
| Q1 24 | — | 12.4% |
| Q4 25 | 24.3% | 10.1% | ||
| Q3 25 | 25.8% | 9.6% | ||
| Q2 25 | 28.0% | 9.8% | ||
| Q1 25 | 17.6% | 9.0% | ||
| Q4 24 | 25.7% | 9.5% | ||
| Q3 24 | 29.9% | 9.6% | ||
| Q2 24 | 20.5% | 9.7% | ||
| Q1 24 | 17.5% | 9.7% |
| Q4 25 | 18.8% | 9.9% | ||
| Q3 25 | 0.3% | 9.8% | ||
| Q2 25 | 20.3% | 9.6% | ||
| Q1 25 | 13.4% | 9.3% | ||
| Q4 24 | 20.4% | 10.4% | ||
| Q3 24 | 22.6% | 9.6% | ||
| Q2 24 | 13.9% | 10.8% | ||
| Q1 24 | 9.5% | 11.1% |
| Q4 25 | $0.96 | $3.11 | ||
| Q3 25 | $0.00 | $2.66 | ||
| Q2 25 | $0.87 | $2.41 | ||
| Q1 25 | $0.35 | $2.25 | ||
| Q4 24 | $0.56 | $2.38 | ||
| Q3 24 | $1.63 | $2.13 | ||
| Q2 24 | $0.40 | $2.22 | ||
| Q1 24 | $0.18 | $2.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.0B | $960.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $7.1B | $2.2B |
| Total Assets | $29.1B | $3.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $960.8M | ||
| Q3 25 | $2.2B | $968.8M | ||
| Q2 25 | $1.3B | $934.2M | ||
| Q1 25 | $1.2B | $950.7M | ||
| Q4 24 | $1.3B | $934.6M | ||
| Q3 24 | $1.4B | $908.9M | ||
| Q2 24 | $914.8M | $858.6M | ||
| Q1 24 | $1.3B | $794.0M |
| Q4 25 | $7.1B | $2.2B | ||
| Q3 25 | $6.8B | $2.1B | ||
| Q2 25 | $6.7B | $2.0B | ||
| Q1 25 | $6.4B | $1.9B | ||
| Q4 24 | $6.3B | $1.8B | ||
| Q3 24 | $6.3B | $1.8B | ||
| Q2 24 | $5.7B | $1.7B | ||
| Q1 24 | $5.7B | $1.7B |
| Q4 25 | $29.1B | $3.3B | ||
| Q3 25 | $27.1B | $3.0B | ||
| Q2 25 | $25.1B | $2.8B | ||
| Q1 25 | $24.1B | $2.6B | ||
| Q4 24 | $23.1B | $2.5B | ||
| Q3 24 | $22.7B | $2.4B | ||
| Q2 24 | $22.3B | $2.3B | ||
| Q1 24 | $20.8B | $2.2B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.2B | $46.3M |
| Free Cash FlowOCF − Capex | $-1.2B | $-5.3M |
| FCF MarginFCF / Revenue | -65.1% | -0.5% |
| Capex IntensityCapex / Revenue | 2.2% | 4.6% |
| Cash ConversionOCF / Net Profit | -3.34× | 0.41× |
| TTM Free Cash FlowTrailing 4 quarters | $-3.4B | $102.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2B | $46.3M | ||
| Q3 25 | $-1.6B | $102.6M | ||
| Q2 25 | $-168.8M | $55.1M | ||
| Q1 25 | $-352.1M | $74.2M | ||
| Q4 24 | $-352.8M | $115.9M | ||
| Q3 24 | $791.9M | $83.2M | ||
| Q2 24 | $-1.3B | $83.1M | ||
| Q1 24 | $71.1M | $100.9M |
| Q4 25 | $-1.2B | $-5.3M | ||
| Q3 25 | $-1.6B | $57.3M | ||
| Q2 25 | $-186.3M | $4.7M | ||
| Q1 25 | $-368.8M | $45.7M | ||
| Q4 24 | $-379.5M | $94.0M | ||
| Q3 24 | $772.8M | $62.9M | ||
| Q2 24 | $-1.3B | $70.4M | ||
| Q1 24 | $56.9M | $87.3M |
| Q4 25 | -65.1% | -0.5% | ||
| Q3 25 | -475.7% | 5.9% | ||
| Q2 25 | -11.8% | 0.5% | ||
| Q1 25 | -37.9% | 5.2% | ||
| Q4 24 | -36.8% | 11.3% | ||
| Q3 24 | 29.3% | 7.8% | ||
| Q2 24 | -120.4% | 9.3% | ||
| Q1 24 | 8.3% | 11.9% |
| Q4 25 | 2.2% | 4.6% | ||
| Q3 25 | 7.0% | 4.6% | ||
| Q2 25 | 1.1% | 5.5% | ||
| Q1 25 | 1.7% | 3.3% | ||
| Q4 24 | 2.6% | 2.6% | ||
| Q3 24 | 0.7% | 2.5% | ||
| Q2 24 | 1.7% | 1.7% | ||
| Q1 24 | 2.1% | 1.9% |
| Q4 25 | -3.34× | 0.41× | ||
| Q3 25 | -1732.78× | 1.07× | ||
| Q2 25 | -0.53× | 0.63× | ||
| Q1 25 | -2.71× | 0.91× | ||
| Q4 24 | -1.67× | 1.34× | ||
| Q3 24 | 1.33× | 1.07× | ||
| Q2 24 | -8.57× | 1.02× | ||
| Q1 24 | 1.08× | 1.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CG
| Fund Management Fee | $606.8M | 32% |
| Other | $528.7M | 28% |
| Global Private Equity Segment | $307.3M | 16% |
| Global Credit Segment | $238.0M | 13% |
| Carlyle Alp Invest Segment | $124.6M | 7% |
| Incentive Fee | $55.4M | 3% |
| Fee Related Performance Revenues | $29.2M | 2% |
| Investment Advice | $11.1M | 1% |
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
