Carlyle Secured Lending, Inc. (CGBD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 39.98M | 79.7M | 26.52M | 17.34M | 16.68M | 23.63M | 22.12M | 21.32M | 32.2M | 30.11M | 32.55M | 6.95M | 29.8M | 15.54M | 40.62M | 7.21M | 33.3M | 36.4M | 50.03M | 45.42M |
| Gross Margin % | 73.23% | 106.8% | 54.31% | 44.38% | 47.27% | 57.99% | 56.71% | 56.2% | 64.32% | 60.07% | 64.11% | 28% | 63.3% | 51.2% | 77.95% | 45.66% | 82.43% | 83.33% | 86.93% | 86.56% |
| Gross Profit Growth % | 139.74% | 237.24% | 19.88% | -18.69% | -48.21% | -21.51% | -32.04% | 206.67% | 8.06% | 93.81% | -19.87% | -3.58% | -10.49% | -57.32% | -18.81% | -84.13% | -12.47% | -11.91% | 37.4% | -22.44% |
| Operating Expenses | 25.85M | 35.56M | 2.11M | 2.33M | 1.95M | 2.09M | 1.76M | 1.6M | 2.11M | 103K | 1.71M | 1.59M | 1.29M | 2.23M | 2.34M | 2.37M | 2.26M | 2.08M | 2.25M | 2.41M |
| OpEx % of Revenue | 47.34% | 47.65% | 4.33% | 5.95% | 5.52% | 5.14% | 4.51% | 4.21% | 4.21% | 0.21% | 3.36% | 6.4% | 2.75% | 7.33% | 4.49% | 15% | 5.59% | 4.76% | 3.9% | 4.6% |
| Selling, General & Admin | 2.34M | 1.99M | 2.11M | 2.33M | 1.95M | 2.09M | 1.76M | 1.6M | 2.11M | 1.78M | 1.71M | 1.59M | 1.29M | 1.79M | 1.89M | 1.78M | 1.74M | 1.62M | 1.81M | 1.91M |
| SG&A % of Revenue | 4.29% | 2.67% | 4.33% | 5.95% | 5.52% | 5.14% | 4.51% | 4.21% | 4.21% | 3.56% | 3.36% | 6.4% | 2.75% | 5.91% | 3.63% | 11.28% | 4.31% | 3.7% | 3.15% | 3.64% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 14.13M | 44.14M | 24.4M | 15.01M | 14.73M | 21.54M | 20.36M | 19.72M | 30.09M | 30M | 30.84M | 5.36M | 28.51M | 13.31M | 38.28M | 4.84M | 31.04M | 34.32M | 47.78M | 43.01M |
| Operating Margin % | 25.89% | 59.15% | 49.98% | 38.43% | 41.75% | 52.85% | 52.21% | 51.99% | 60.11% | 59.86% | 60.74% | 21.6% | 60.55% | 43.87% | 73.46% | 30.65% | 76.83% | 78.57% | 83.03% | 81.96% |
| Operating Income Growth % | -4.05% | 104.92% | 19.85% | -23.9% | -51.05% | -28.22% | -33.97% | 267.76% | 5.56% | 125.43% | -19.44% | 10.78% | -8.14% | -61.21% | -19.89% | -88.74% | -13.86% | -10.16% | 40.56% | -23.55% |
| EBITDA | 17.99M | 47.15M | 24.4M | 15.01M | 14.73M | 21.54M | 20.36M | 19.72M | 30.09M | 30M | 30.84M | 5.36M | 28.51M | 13.31M | 38.28M | 4.84M | 31.04M | 34.32M | 47.78M | 43.01M |
| EBITDA Margin % | 32.96% | 63.19% | 49.98% | 38.43% | 41.75% | 52.85% | 52.21% | 51.99% | 60.11% | 59.86% | 60.74% | 21.6% | 60.55% | 43.87% | 73.46% | 30.65% | 76.83% | 78.57% | 83.03% | 81.96% |
| EBITDA Growth % | 22.15% | 118.92% | 19.85% | -23.9% | -51.05% | -28.22% | -33.97% | 267.76% | 5.56% | 125.43% | -19.44% | 10.78% | -8.14% | -61.21% | -19.89% | -88.74% | -13.86% | -10.16% | 40.56% | -23.55% |
| D&A (Non-Cash Add-back) | 0 | 3.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | 17.99M | 43.19M | 24.4M | 15.01M | 14.73M | 21.54M | 20.36M | 19.72M | 30.09M | 30M | 30.84M | 5.36M | 28.51M | 13.31M | 38.28M | 4.84M | 31.04M | 34.32M | 47.78M | 43.01M |
| Net Interest Income | 42.31M | 29.19M | 37.49M | 39.1M | 28.76M | 28.57M | 24.73M | 32.09M | 34.09M | 32.04M | 33.23M | 33M | 31.86M | 32.22M | 35.17M | 26.83M | 30.65M | 27.41M | 27.96M | 25.71M |
| Interest Income | 64.08M | 54.64M | 59.79M | 60.83M | 47.36M | 45.7M | 41.62M | 48.71M | 51.95M | 52.06M | 51.46M | 50.87M | 49.14M | 47.02M | 48.65M | 35.41M | 37.75M | 34.69M | 35.48M | 32.76M |
| Interest Expense | 21.77M | 25.45M | 22.31M | 21.73M | 18.6M | 17.12M | 16.88M | 16.62M | 17.86M | 20.01M | 18.22M | 17.87M | 17.28M | 14.8M | 13.47M | 8.58M | 7.1M | 7.28M | 7.52M | 7.05M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -3.78M | 17.73M | 24.4M | 15.01M | 14.73M | 21.54M | 20.36M | 19.72M | 30.09M | 30M | 30.84M | 5.36M | 28.51M | 13.31M | 38.28M | 4.84M | 31.04M | 34.32M | 47.78M | 43.01M |
| Pretax Margin % | -6.92% | 23.77% | 49.98% | 38.43% | 41.75% | 52.85% | 52.21% | 51.99% | 60.11% | 59.86% | 60.74% | 21.6% | 60.55% | 43.87% | 73.46% | 30.65% | 76.83% | 78.57% | 83.03% | 81.96% |
| Income Tax | 441K | 350K | 500K | 380K | 676K | 182K | 750K | 977K | 830K | 412K | 850K | 650K | 523K | 851K | 449K | 176K | 353K | 356K | 163K | 139K |
| Effective Tax Rate % | -11.68% | 1.97% | 2.05% | 2.53% | 4.59% | 0.84% | 3.68% | 4.95% | 2.76% | 1.37% | 2.76% | 12.12% | 1.83% | 6.39% | 1.17% | 3.64% | 1.14% | 1.04% | 0.34% | 0.32% |
| Net Income | -4.22M | 17.39M | 23.9M | 14.63M | 14.05M | 21.36M | 19.61M | 18.75M | 29.26M | 29.59M | 29.99M | 4.71M | 27.99M | 12.46M | 37.83M | 4.67M | 30.68M | 33.96M | 47.62M | 42.87M |
| Net Margin % | -7.73% | 23.3% | 48.96% | 37.45% | 39.84% | 52.4% | 50.28% | 49.41% | 58.45% | 59.04% | 59.07% | 18.98% | 59.44% | 41.06% | 72.6% | 29.54% | 75.96% | 77.75% | 82.75% | 81.69% |
| Net Income Growth % | -130.01% | -18.6% | 21.89% | -21.96% | -51.98% | -27.83% | -34.6% | 297.75% | 4.56% | 137.52% | -20.73% | 1.03% | -8.79% | -63.31% | -20.56% | -89.12% | -14.54% | -11.01% | 41.69% | -23.67% |
| Net Income (Continuing) | -4.22M | 17.39M | 23.9M | 14.63M | 14.05M | 21.36M | 19.61M | 18.75M | 29.26M | 29.59M | 29.99M | 4.71M | 27.99M | 12.46M | 37.83M | 4.67M | 30.68M | 33.96M | 47.62M | 42.87M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.06 | 0.24 | 0.33 | 0.20 | 0.25 | 0.38 | 0.35 | 0.33 | 0.52 | 0.53 | 0.54 | 0.08 | 0.50 | 0.21 | 0.66 | 0.07 | 0.53 | 0.57 | 0.80 | 0.72 |
| EPS Growth % | -123.8% | -36.84% | -5.71% | -39.39% | -51.92% | -28.3% | -35.19% | 336.51% | 4% | 152.38% | -18.18% | 4.56% | -5.66% | -63.16% | -17.5% | -89.96% | -8.62% | -16.18% | 50.94% | -22.58% |
| EPS (Basic) | -0.06 | 0.24 | 0.33 | 0.20 | 0.25 | 0.40 | 0.39 | 0.35 | 0.56 | 0.52 | 0.57 | 0.08 | 0.53 | 0.23 | 0.71 | 0.07 | 0.56 | 0.61 | 0.87 | 0.77 |
| Diluted Shares Outstanding | 70.91M | 73.16M | 72.9M | 72.9M | 57.34M | 56.45M | 56.45M | 56.37M | 56.33M | 56.36M | 55.99M | 50.79M | 56.29M | 59.53M | 57.18M | 52.42M | 58.19M | 59.53M | 59.23M | 59.81M |
| Basic Shares Outstanding | 70.91M | 72.62M | 72.9M | 72.9M | 51.92M | 50.84M | 50.84M | 50.79M | 50.79M | 56.36M | 53.91M | 50.79M | 54.53M | 59.53M | 55.86M | 52.42M | 56.53M | 54.24M | 53.96M | 54.54M |
| Dividend Payout Ratio | - | 167.74% | 122% | 122.64% | 162.12% | - | - | 94.09% | - | 125.65% | 77.44% | 492.81% | 83.43% | 172.8% | 57.48% | 383.31% | - | 62.7% | 38.07% | 43.23% |