The Carlyle Group saw its shares climb 7.8% to $59.71 during Friday morning trading, extending a 14% gain over the past twelve months. The surge follows a financial report showing a net profit of $358.1 million, or 96 cents per share, for the final quarter of 2025. This marks a sharp increase from the $210.9 million reported in the same period the previous year.

Revenue for the quarter reached $1.9 billion, an 84% increase that substantially outperformed the $1.05 billion consensus estimate from analysts polled by FactSet. The firm’s total assets under management reached $477 billion by the end of the year, representing an 8% increase from 2024 levels.

Strategic Growth and Fundraising

Chief Executive Harvey Schwartz described 2025 as a record-breaking year for the firm, noting that Carlyle outperformed its internal targets while delivering robust fundraising results. The performance highlights a period of aggressive scaling for the private equity powerhouse as it navigates a shifting global investment landscape.