Carlyle Secured Lending, Inc. 8.20% Notes due 2028 (CGBDL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q1'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0 | 0 | 49.36M | 23.7M | 32.16M | 32.46M | 49.95M | 29.57M | 49.44M | 47.38M | 38.83M | 32.32M | 42.66M | 40.45M | 32.59M | 40.66M | 39.74M | 39.18M | 32.81M | 31.18M |
| Gross Margin % | - | - | 76.58% | 65.63% | 72.26% | 72.96% | 79.97% | 69.04% | 78.61% | 78.5% | 74.56% | 71.74% | 76.71% | 74.04% | 73.04% | 76.22% | 76.68% | 76.33% | 73.57% | 73.33% |
| Gross Profit Growth % | -100% | -100% | -1.19% | -19.82% | -34.96% | -31.49% | 28.64% | -8.54% | 15.89% | 17.13% | 19.14% | -20.51% | 7.35% | 3.25% | -0.69% | 30.41% | - | - | - | - |
| Operating Expenses | 66.91M | 184.72M | 2.14M | 1.8M | -3.37M | -6.52M | 13.49M | -17.67M | -2.03M | 1.02M | 13.76M | -14.75M | 8.36M | -4.37M | 23.27M | 3.91M | -2.21M | -14.58M | -17.75M | -12.65M |
| OpEx % of Revenue | 100% | 277.73% | 3.32% | 4.98% | -7.58% | -14.65% | 21.6% | -41.27% | -3.22% | 1.7% | 26.43% | -32.73% | 15.03% | -8.01% | 52.15% | 7.33% | -4.27% | -28.4% | -39.81% | -29.74% |
| Selling, General & Admin | 2.52M | 1.92M | 2.14M | 1.8M | -3.37M | -6.52M | -13.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | 3.76% | 2.89% | 3.32% | 4.98% | -7.58% | -14.65% | -21.6% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 0 | 0 | 45.91M | 35.27M | 35.53M | 38.98M | 36.46M | 47.24M | 51.47M | 46.36M | 25.07M | 47.07M | 34.3M | 44.83M | 9.32M | 36.76M | 41.95M | 53.76M | 50.57M | 43.83M |
| Operating Margin % | - | - | 71.23% | 97.64% | 79.84% | 87.61% | 58.37% | 110.32% | 81.83% | 76.8% | 48.14% | 104.47% | 61.67% | 82.05% | 20.88% | 68.9% | 80.95% | 104.73% | 113.38% | 103.08% |
| Operating Income Growth % | -100% | -100% | 25.93% | -25.34% | -30.97% | -15.92% | 45.45% | 0.35% | 50.05% | 3.41% | 169.01% | 28.08% | -18.24% | -16.61% | -81.57% | -16.14% | - | - | - | - |
| EBITDA | 3.02M | 75K | 45.91M | 35.27M | 35.53M | 38.98M | 36.46M | 47.28M | 51.51M | 46.32M | 25.19M | 47.12M | 34.36M | 44.85M | 9.4M | 36.82M | 42.02M | 53.81M | 50.62M | 43.88M |
| EBITDA Margin % | 4.51% | 0.11% | 71.23% | 97.64% | 79.84% | 87.61% | 58.37% | 110.42% | 81.9% | 76.73% | 48.37% | 104.56% | 61.77% | 82.1% | 21.07% | 69.01% | 81.08% | 104.84% | 113.51% | 103.21% |
| EBITDA Growth % | -91.51% | -99.81% | 25.93% | -25.41% | -31.03% | -15.85% | 44.74% | 0.35% | 49.93% | 3.26% | 167.84% | 27.98% | -18.25% | -16.64% | -81.42% | -16.11% | - | - | - | - |
| D&A (Non-Cash Add-back) | 3.02M | 75K | 0 | 0 | 0 | 0 | 0 | 43.28K | 43.81K | -39.59K | 122.08K | 41.58K | 54.88K | 27.08K | 86.06K | 60.46K | 71.39K | 54K | 55.81K | 55.21K |
| EBIT | 0 | 0 | 45.91M | 35.27M | 35.53M | 38.98M | 36.46M | 47.24M | 51.47M | 49.06M | 23.24M | 45.79M | 28.55M | 50.22M | 14.01M | 38.65M | 42.06M | 55.74M | 50.57M | 43.52M |
| Net Interest Income | 29.19M | 31.02M | 33.91M | 23.38M | 0 | 0 | 0 | -18.81M | -18.34M | -18.22M | -17.87M | -17.28M | -15.24M | -11.94M | -9.17M | -7.62M | -7.75M | -7.95M | -7.56M | -7.49M |
| Interest Income | 54.64M | 53.33M | 55.64M | 41.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 25.45M | 22.31M | 21.73M | 18.6M | 0 | 0 | 0 | 18.81M | 18.34M | 18.22M | 17.87M | 17.28M | 15.24M | 11.94M | 9.17M | 7.62M | 7.75M | 7.95M | 7.56M | 7.49M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 0 | 0 | 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 | 36.03M |
| Pretax Margin % | - | - | 23.29% | 40.78% | 48.4% | 45.77% | 31.58% | 70.28% | 47.71% | 51.09% | 10.3% | 63.27% | 23.93% | 70.06% | 10.85% | 58.18% | 66.21% | 93.1% | 96.43% | 84.73% |
| Income Tax | 0 | 0 | 380K | 676K | 182K | 750K | 977K | 830K | 412K | 850K | 650K | 523K | 851K | 449K | 176K | 353K | 356K | 163K | 139K | 124K |
| Effective Tax Rate % | - | - | 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% | 0.34% |
| Net Income | 0 | 0 | 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 | 35.9M |
| Net Margin % | - | - | 22.7% | 38.91% | 47.99% | 44.08% | 30.01% | 68.34% | 47.05% | 49.68% | 9.05% | 62.11% | 22.4% | 69.24% | 10.45% | 57.51% | 65.53% | 92.78% | 96.11% | 84.44% |
| Net Income Growth % | -100% | -100% | -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% | - | - | - | - |
| Net Income (Continuing) | 0 | 0 | 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 | 35.9M |
| 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) | 0.00 | 0.00 | 0.20 | 0.25 | 0.38 | 0.35 | 0.33 | 0.52 | 0.53 | 0.54 | 0.08 | 0.50 | 0.21 | 0.65 | 0.09 | 0.53 | 0.58 | 0.80 | 0.72 | 0.60 |
| EPS Growth % | -100% | -100% | -39.39% | -51.92% | -28.3% | -35.19% | 336.51% | 4% | 152.38% | -16.92% | -15.06% | -5.66% | -63.79% | -18.75% | -87.64% | -11.67% | - | - | - | - |
| EPS (Basic) | 0.00 | 0.00 | 0.20 | 0.25 | 0.40 | 0.37 | 0.37 | 0.56 | 0.57 | 0.57 | 0.08 | 0.53 | 0.23 | 0.71 | 0.09 | 0.58 | 0.64 | 0.88 | 0.79 | 0.65 |
| Diluted Shares Outstanding | 0 | 72.9M | 72.9M | 57.34M | 56.63M | 56.45M | 56.37M | 56.33M | 56.36M | 55.99M | 50.79M | 56.29M | 56.14M | 57.18M | 52.42M | 58.19M | 58.75M | 59.23M | 59.81M | 60.31M |
| Basic Shares Outstanding | 0 | 72.9M | 72.9M | 51.92M | 50.9M | 50.84M | 50.79M | 50.79M | 50.79M | 50.79M | 50.79M | 50.89M | 51.06M | 51.86M | 52.42M | 52.89M | 53.47M | 53.96M | 54.54M | 55.04M |
| Dividend Payout Ratio | - | - | 156.73% | 162.12% | 111.19% | 121.21% | 134.73% | 79.36% | 78.48% | 77.44% | 492.81% | 83.43% | 172.8% | 57.48% | 470.29% | 70.43% | 62.7% | 42.84% | 49.4% | 57.9% |