Carlyle Secured Lending (CGBDL) Financials
Newest figures come from the 10-Q for Q1 FY2026, filed May 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CGBDL SEC filings page.
Carlyle Secured Lending Inc (CGBDL) reported $255.6M in revenue for fiscal year 2025, up 9.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
We do not publish a peer-relative financial health score for Carlyle Secured Lending Inc, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Carlyle Secured Lending Inc passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) does not pass.
For every $1 of reported earnings, Carlyle Secured Lending Inc used $2.92 of operating cash (-$204.6M OCF vs $70.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Carlyle Secured Lending Inc generated $64.1M in revenue in Q1 2026. This represents an increase of 16.8% from the same quarter a year earlier. Against the prior quarter it is down 4.2%.
Carlyle Secured Lending Inc reported a net loss of $4.2M in Q1 2026. This represents a decrease of 130.0% from the same quarter a year earlier. Against the prior quarter it is down 124.3%.
Carlyle Secured Lending Inc earned -$0.06 per diluted share (EPS) in Q1 2026. This represents a decrease of 124.0% from the same quarter a year earlier.
Not reported for Q1 2026.
Cash & Balance Sheet
Carlyle Secured Lending Inc held $97.2M in cash against $1.4B in long-term debt as of Q1 2026.
Not reported for Q1 2026.
Not reported for Q1 2026.
Margins & Returns
Carlyle Secured Lending Inc's net profit margin was -6.6% in Q1 2026, showing the share of revenue converted to profit. This is down 32.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 32.6 percentage points.
Carlyle Secured Lending Inc's quarterly ROE was -0.4% in Q1 2026: one quarter's net income over shareholder equity, not annualized. This is down 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.9 percentage points.
Not reported for Q1 2026.
Not reported for Q1 2026.
Capital Allocation
Carlyle Secured Lending Inc spent $18.5M on share buybacks in Q1 2026, returning capital to shareholders by reducing shares outstanding. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
Not reported for Q1 2026.
Not reported for Q1 2026.
CGBDL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $64.1M+16.8% | $66.9M+18.7% | $66.5M+18.8% | N/A | $54.9M | $56.4M | $56.0M | N/A |
| Net Income | -$4.2M-130.0% | $17.4M-18.6% | $23.9M+21.9% | $14.6M-22.0% | $14.1M-52.0% | $21.4M | $19.6M-34.6% | $18.7M+297.8% |
| EPS (Basic) | -$0.06-124.0% | N/A | $0.33-10.8% | $0.20-42.9% | $0.25-55.4% | N/A | $0.37-35.1% | $0.35+337.5% |
| EPS (Diluted) | -$0.06-124.0% | N/A | $0.33-5.7% | $0.20-39.4% | $0.25-51.9% | N/A | $0.35-35.2% | $0.33+312.5% |
| Diluted Shares (Avg) | 71M+23.7% | N/A | 73M+29.2% | 73M+29.3% | 57M+1.8% | N/A | 56M+0.8% | 56M+11.0% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax.
CGBDL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.6B+0.9% | $2.8B+44.9% | $2.6B+40.8% | $2.6B+37.9% | $2.5B+33.7% | $1.9B-0.9% | $1.8B-7.1% | $1.9B-5.8% |
| Cash & Equivalents | $97.2M-61.2% | $76.5M+35.2% | $52.3M-23.9% | $49.2M-46.6% | $250.9M+258.8% | $56.6M-6.4% | $68.7M+24.4% | $92.2M+70.3% |
| Total Liabilities | $1.4B+9.1% | $1.6B+59.0% | $1.4B+50.0% | $1.4B+44.0% | $1.3B+35.1% | $1.0B-0.9% | $910.3M-13.3% | $955.8M-11.7% |
| Long-Term Debt | $1.4B+10.6% | $1.5B+59.3% | $1.3B+54.0% | $1.3B+44.5% | $1.2B+34.1% | $960.9M-2.0% | $848.5M-15.4% | $906.1M-12.6% |
| Total Equity | $1.1B-7.9% | $1.2B+29.0% | $1.2B+31.5% | $1.2B+31.5% | $1.2B+32.2% | $905.2M-0.8% | $906.6M0.0% | $910.8M+1.2% |
| Retained Earnings | -$228.0Mn/m | -$195.7Mn/m | -$187.5Mn/m | -$182.2Mn/m | -$167.7Mn/m | -$158.0Mn/m | -$158.9Mn/m | -$153.7Mn/m |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.
CGBDL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $212.4M+45.7% | -$153.3Mn/m | $33.8M-46.2% | -$230.9M-423.0% | $145.8M+80.0% | -$111.1M-299.1% | $62.9M+9.9% | $71.5M-22.3% |
| Financing Cash Flow | -$191.6M-495.1% | $177.5M+79.2% | -$30.8Mn/m | $29.3Mn/m | $48.5Mn/m | $99.0Mn/m | -$86.4Mn/m | -$49.2Mn/m |
| Dividends Paid | $28.7M+26.1% | $29.2M+22.8% | $29.2M+17.6% | $29.2M+17.8% | $22.8M-1.9% | $23.7M+2.2% | $24.8M+6.8% | $24.7M+6.6% |
| Share Buybacks | $18.5Mn/m | N/A | N/A | N/A | $0n/m | $0n/m | $0n/m | $0n/m |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow.
CGBDL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'25 | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Net Margin | -6.6%-32.2pp | 26.0%-11.9pp | 35.9%+0.9pp | N/A | 25.6% | 37.9% | 35.0% | N/A |
| Return on Equity | -0.4%-1.5pp | 1.5%-0.9pp | 2.0%-0.2pp | 1.2%-0.8pp | 1.2%-2.0pp | 2.4% | 2.2%-1.1pp | 2.1%+1.5pp |
| Return on Assets | -0.2%-0.7pp | 0.6%-0.5pp | 0.9%-0.2pp | 0.6%-0.4pp | 0.5%-1.0pp | 1.1% | 1.1%-0.4pp | 1.0%+0.8pp |
| Debt-to-Equity | 1.24+0.2x | 1.31+0.3x | 1.10+0.2x | 1.09+0.1x | 1.030.0x | 1.060.0x | 0.94-0.2x | 0.99-0.2x |
| Liabilities-to-Equity | 1.29+0.2x | 1.39+0.3x | 1.14+0.1x | 1.15+0.1x | 1.090.0x | 1.130.0x | 1.00-0.2x | 1.05-0.2x |
| Asset Turnover | 0.030.0x | 0.020.0x | 0.030.0x | N/A | 0.02 | 0.03 | 0.03 | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Where Carlyle Secured Lending Inc Ranks
Frequently Asked Questions
Carlyle Secured Lending Inc (CGBDL) reported $255.6M in total revenue for fiscal year 2025. This represents a 9.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Carlyle Secured Lending Inc (CGBDL) revenue grew by 9.9% year-over-year, from $232.6M to $255.6M in fiscal year 2025.
Yes, Carlyle Secured Lending Inc (CGBDL) reported a net income of $70.0M in fiscal year 2025, with a net profit margin of 27.4%.
As of fiscal year 2025, Carlyle Secured Lending Inc (CGBDL) had $76.5M in cash and equivalents against $1.5B in long-term debt.
Carlyle Secured Lending Inc (CGBDL) had a net profit margin of 27.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Carlyle Secured Lending Inc (CGBDL) has a return on equity of 6.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Carlyle Secured Lending Inc (CGBDL) recorded an outflow of $204.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Carlyle Secured Lending Inc (CGBDL) had $2.8B in total assets as of fiscal year 2025, including both current and long-term assets.
Carlyle Secured Lending Inc (CGBDL) had a debt-to-equity ratio of 1.31 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Carlyle Secured Lending Inc (CGBDL) had a liabilities-to-equity ratio of 1.39 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Carlyle Secured Lending Inc (CGBDL) had a return on assets of 2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Carlyle Secured Lending Inc (CGBDL) has a Piotroski F-Score of 1 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
For every $1 of reported earnings, Carlyle Secured Lending Inc (CGBDL) used $2.92 of operating cash (-$204.6M OCF vs $70.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.