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Operating Expenses

Compensation and benefits

The Carlyle Group Compensation and benefits decreased by 102.2% to -$21M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 104.3%, from $493.3M to -$21M. Over 4 years (FY 2021 to FY 2025), Compensation and benefits shows a downward trend with a -14.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026

How to read this metric

High compensation costs relative to revenue can indicate a high-talent, high-cost business model, while low costs may suggest efficiency or lower-margin operations.

Detailed definition

The total cost of all employee-related expenses, including salaries, bonuses, benefits, and equity-based compensation. T...

Peer comparison

Benchmark for operational leverage and talent management across financial services firms.

Metric ID: compensation_and_benefits

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.27B$762.5M$869.1M$664.7M$526.4M$469.1M$265.7M$420.3M$246.4M$278.1M$1.43B$257.4M$475.7M$1.48B$491.7M$493.3M$774.9M-$17.7M$955.7M-$21M
QoQ Change-40.1%+14.0%-23.5%-20.8%-10.9%-43.4%+58.2%-41.4%+12.9%+414.8%-82.0%+84.8%+211.1%-66.8%+0.3%+57.1%-102.3%>999%-102.2%
YoY Change-58.6%-38.5%-69.4%-36.8%-53.2%-40.7%+438.8%-38.8%+93.1%+432.2%-65.7%+91.6%+62.9%-101.2%+94.4%-104.3%
Range-$21M$1.48B
CAGR-57.9%
Avg YoY Growth+37.9%
Median YoY Growth-38.6%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Global Credit$78.3M$83.4M$100.7M$96.9M$91.3M$88.5M$135.1M$100M
Carlyle AlpInvest$53.7M$45.3M$53M$80.8M$48.7M
Global Investment Solutions$42.5M$66.9M$60.3M
Global Private Equity$241.4M$301.1M$245.6M
Total$475.7M$1.48B$491.7M$493.3M$774.9M-$17.7M$955.7M-$21M

Global Investment Solutions, Investment Solutions were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is The Carlyle Group's compensation and benefits?
The Carlyle Group (CG) reported compensation and benefits of -$21M in Q1 2026.
How has The Carlyle Group's compensation and benefits changed year-over-year?
The Carlyle Group's compensation and benefits decreased by 104.3% year-over-year, from $493.3M to -$21M.
What is the long-term trend for The Carlyle Group's compensation and benefits?
Over 4 years (2021 to 2025), The Carlyle Group's compensation and benefits has grown at a -14.0% compound annual growth rate (CAGR), from $4.03B to $2.21B.
What does compensation and benefits mean?
The total cost of all employee compensation and benefits.