v3.26.3
Earnings Per Common Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Common Share 11. Earnings Per Common Share
Basic and diluted net income (loss) per common share are calculated as follows:
 
Three Months Ended
September 30, 2026
Nine Months Ended
September 30, 2026
 
Basic
Diluted
Basic
Diluted
Net loss attributable to common shares
$(7,700,000)
$(7,700,000)
$(2,800,000)
$(2,800,000)
Weighted-average common shares outstanding
354,291,958
354,291,958
357,067,726
357,067,726
Net loss per common share
$(0.02)
$(0.02)
$(0.01)
$(0.01)
Three Months Ended
September 30, 2025
Nine Months Ended
September 30, 2025
Basic
Diluted
Basic
Diluted
Net income attributable to common shares
$900,000
$900,000
$450,600,000
$450,600,000
Weighted-average common shares outstanding
360,065,837
376,487,705
359,965,320
369,932,801
Net income per common share
$0.00
$0.00
$1.25
$1.22
The weighted-average common shares outstanding, basic and diluted, are calculated as follows:
 
Three Months Ended
September 30, 2026
Nine Months Ended
September 30, 2026
 
Basic
Diluted
Basic
Diluted
The Carlyle Group Inc. weighted-average common shares
outstanding
354,291,958
354,291,958
357,067,726
357,067,726
Weighted-average common shares outstanding
354,291,958
354,291,958
357,067,726
357,067,726
Three Months Ended
September 30, 2025
Nine Months Ended
September 30, 2025
Basic
Diluted
Basic
Diluted
The Carlyle Group Inc. weighted-average common shares
outstanding
360,065,837
360,065,837
359,965,320
359,965,320
Unvested restricted stock units
—
6,763,578
—
6,287,811
Issuable common shares and performance-vesting restricted
stock units
—
9,658,290
—
3,679,670
Weighted-average common shares outstanding
360,065,837
376,487,705
359,965,320
369,932,801
The Company applies the treasury stock method to determine the dilutive weighted-average common shares
represented by the unvested restricted stock units. Also included in the determination of dilutive weighted-average
common shares are issuable common shares associated with the Company’s investment in NGP and performance-
vesting restricted stock units. For the three and nine months ended September 30, 2026, all such awards are
antidilutive and excluded from the computation of diluted earnings per share given the net loss attributable to
common shareholders.