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Side-by-side financial comparison of Carlyle Group Inc. (CG) and Gen Digital (GEN). Click either name above to swap in a different company.
Carlyle Group Inc. is the larger business by last-quarter revenue ($1.9B vs $1.2B, roughly 1.5× Gen Digital). Carlyle Group Inc. runs the higher net margin — 18.8% vs 15.5%, a 3.4% gap on every dollar of revenue. On growth, Carlyle Group Inc. posted the faster year-over-year revenue change (84.1% vs 28.5%). Over the past eight quarters, Carlyle Group Inc.'s revenue compounded faster (66.2% CAGR vs 13.2%).
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.
Gen Digital Inc. is a multinational software company co-headquartered in both Tempe, Arizona (USA) and Prague, Czech Republic (EU). The company provides cybersecurity software, financial technology, and services. Gen is a Fortune 500 company and a member of the S&P 500 stock-market index. It is listed at both NASDAQ and Prague Stock Exchange. Its portfolio includes Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, MoneyLion and CCleaner.
CG vs GEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $1.2B |
| Net Profit | $358.1M | $192.0M |
| Gross Margin | — | 78.4% |
| Operating Margin | 24.3% | 34.9% |
| Net Margin | 18.8% | 15.5% |
| Revenue YoY | 84.1% | 28.5% |
| Net Profit YoY | 69.8% | 6.1% |
| EPS (diluted) | $0.96 | $0.31 |
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.
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $332.7M | $1.3B | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $973.1M | $1.0B | ||
| Q4 24 | $1.0B | $986.0M | ||
| Q3 24 | $2.6B | $974.0M | ||
| Q2 24 | $1.1B | $965.0M |
| Q1 26 | — | $192.0M | ||
| Q4 25 | $358.1M | $134.0M | ||
| Q3 25 | $900.0K | $135.0M | ||
| Q2 25 | $319.7M | — | ||
| Q1 25 | $130.0M | $142.0M | ||
| Q4 24 | $210.9M | $159.0M | ||
| Q3 24 | $595.7M | $161.0M | ||
| Q2 24 | $148.2M | $181.0M |
| Q1 26 | — | 78.4% | ||
| Q4 25 | — | 78.2% | ||
| Q3 25 | — | 78.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 80.3% | ||
| Q4 24 | — | 80.4% | ||
| Q3 24 | — | 80.1% | ||
| Q2 24 | — | 80.3% |
| Q1 26 | — | 34.9% | ||
| Q4 25 | 24.3% | 35.9% | ||
| Q3 25 | 25.8% | 35.5% | ||
| Q2 25 | 28.0% | — | ||
| Q1 25 | 17.6% | 41.3% | ||
| Q4 24 | 25.7% | 37.9% | ||
| Q3 24 | 29.9% | 41.3% | ||
| Q2 24 | 20.5% | 43.2% |
| Q1 26 | — | 15.5% | ||
| Q4 25 | 18.8% | 11.0% | ||
| Q3 25 | 0.3% | 10.7% | ||
| Q2 25 | 20.3% | — | ||
| Q1 25 | 13.4% | 14.1% | ||
| Q4 24 | 20.4% | 16.1% | ||
| Q3 24 | 22.6% | 16.5% | ||
| Q2 24 | 13.9% | 18.8% |
| Q1 26 | — | $0.31 | ||
| Q4 25 | $0.96 | $0.21 | ||
| Q3 25 | $0.00 | $0.22 | ||
| Q2 25 | $0.87 | — | ||
| Q1 25 | $0.35 | $0.22 | ||
| Q4 24 | $0.56 | $0.26 | ||
| Q3 24 | $1.63 | $0.26 | ||
| Q2 24 | $0.40 | $0.29 |
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 | — |
| Total DebtLower is stronger | — | $8.4B |
| Stockholders' EquityBook value | $7.1B | $2.3B |
| Total Assets | $29.1B | $15.8B |
| Debt / EquityLower = less leverage | — | 3.61× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.3B | $883.0M | ||
| Q3 24 | $1.4B | $737.0M | ||
| Q2 24 | $914.8M | $644.0M |
| Q1 26 | — | $8.4B | ||
| Q4 25 | — | $8.7B | ||
| Q3 25 | — | $8.9B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | — | $8.5B | ||
| Q3 24 | — | $8.5B | ||
| Q2 24 | — | $8.5B |
| Q1 26 | — | $2.3B | ||
| Q4 25 | $7.1B | $2.5B | ||
| Q3 25 | $6.8B | $2.4B | ||
| Q2 25 | $6.7B | — | ||
| Q1 25 | $6.4B | $2.3B | ||
| Q4 24 | $6.3B | $2.2B | ||
| Q3 24 | $6.3B | $2.1B | ||
| Q2 24 | $5.7B | $2.0B |
| Q1 26 | — | $15.8B | ||
| Q4 25 | $29.1B | $16.1B | ||
| Q3 25 | $27.1B | $16.4B | ||
| Q2 25 | $25.1B | — | ||
| Q1 25 | $24.1B | $15.5B | ||
| Q4 24 | $23.1B | $15.4B | ||
| Q3 24 | $22.7B | $15.5B | ||
| Q2 24 | $22.3B | $15.4B |
| Q1 26 | — | 3.61× | ||
| Q4 25 | — | 3.54× | ||
| Q3 25 | — | 3.75× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.64× | ||
| Q4 24 | — | 3.94× | ||
| Q3 24 | — | 4.06× | ||
| Q2 24 | — | 4.33× |
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 | — |
| Free Cash FlowOCF − Capex | $-1.2B | — |
| FCF MarginFCF / Revenue | -65.1% | — |
| Capex IntensityCapex / Revenue | 2.2% | — |
| Cash ConversionOCF / Net Profit | -3.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-3.4B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-1.2B | $541.0M | ||
| Q3 25 | $-1.6B | $409.0M | ||
| Q2 25 | $-168.8M | — | ||
| Q1 25 | $-352.1M | $473.0M | ||
| Q4 24 | $-352.8M | $326.0M | ||
| Q3 24 | $791.9M | $158.0M | ||
| Q2 24 | $-1.3B | $264.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-1.2B | $535.0M | ||
| Q3 25 | $-1.6B | $405.0M | ||
| Q2 25 | $-186.3M | — | ||
| Q1 25 | $-368.8M | $470.0M | ||
| Q4 24 | $-379.5M | $318.0M | ||
| Q3 24 | $772.8M | $156.0M | ||
| Q2 24 | $-1.3B | $262.0M |
| Q1 26 | — | — | ||
| Q4 25 | -65.1% | 43.9% | ||
| Q3 25 | -475.7% | 32.2% | ||
| Q2 25 | -11.8% | — | ||
| Q1 25 | -37.9% | 46.5% | ||
| Q4 24 | -36.8% | 32.3% | ||
| Q3 24 | 29.3% | 16.0% | ||
| Q2 24 | -120.4% | 27.2% |
| Q1 26 | — | — | ||
| Q4 25 | 2.2% | 0.5% | ||
| Q3 25 | 7.0% | 0.3% | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.7% | 0.3% | ||
| Q4 24 | 2.6% | 0.8% | ||
| Q3 24 | 0.7% | 0.2% | ||
| Q2 24 | 1.7% | 0.2% |
| Q1 26 | — | — | ||
| Q4 25 | -3.34× | 4.04× | ||
| Q3 25 | -1732.78× | 3.03× | ||
| Q2 25 | -0.53× | — | ||
| Q1 25 | -2.71× | 3.33× | ||
| Q4 24 | -1.67× | 2.05× | ||
| Q3 24 | 1.33× | 0.98× | ||
| Q2 24 | -8.57× | 1.46× |
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% |
GEN
| Cyber Safety Platform | $819.0M | 66% |
| Trust Based Solutions | $421.0M | 34% |
| Net Interest Income On Notes Receivable | $4.0M | 0% |
