Circle Internet Group (CRCL)

CRCL Financials

CRCL Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	2.862B	694.133M	770.232M	739.759M	658.078M	578.573M	435.367M	445.762M	430.030M
Cost of Goods Sold	2.657B	571.675M	598.021M	576.907M	910.334M	423.267M	373.935M	322.972M	315.981M
Gross Profit	205.265M	122.458M	172.211M	162.852M	-252.256M	155.306M	61.432M	122.790M	114.049M
Gross Profit Margin	17.6%	17.6%	22.4%	22.0%	-38.3%	26.8%	14.1%	27.5%	26.5%
Total Operating Expenses	338.255M	67.460M	115.637M	81.832M	73.326M	62.366M	60.638M	58.991M	63.803M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	245.324M	63.878M	79.296M	51.100M	51.050M	34.544M	44.188M	37.719M	41.367M
Operating Income (EBIT)	-132.990M	54.998M	56.574M	81.020M	-325.582M	92.940M	794K	63.799M	50.246M
Operating Margin	7.9%	7.9%	7.3%	11.0%	-49.5%	16.1%	0.2%	14.3%	11.7%
Income Before Tax (EBT)	-136.045M	56.685M	140.182M	153.091M	-486.003M	89.837M	10.367M	86.164M	52.167M
Interest Income	53.416M	13.709M	16.302M	13.453M	9.952M	7.965M	8.646M	9.253M	8.460M
Interest Expense	929K	38K	193K	354K	344K	335K	357K	548K	504K
Other Income/Expense	-3.055M	1.687M	83.608M	72.071M	-160.421M	-3.103M	9.573M	22.365M	1.921M
Net Income	-79.046M	55.253M	133.416M	214.385M	-482.100M	64.791M	3.109M	70.996M	32.923M
Income Tax Expense	-56.982M	1.439M	6.776M	-61.294M	-3.903M	25.046M	5.934M	15.168M	19.244M
Net Profit Margin	8.0%	8.0%	17.3%	29.0%	-73.3%	11.2%	0.7%	15.9%	7.7%
EBITDA	-47.327M	81.765M	165.911M	176.447M	-471.450M	104.052M	24.231M	99.834M	65.303M
EBITDA Margin	11.8%	11.8%	21.5%	23.9%	-71.6%	18.0%	5.6%	22.4%	15.2%
Depreciation & Amortization	89.514M	26.767M	25.536M	23.002M	14.209M	13.880M	13.507M	13.122M	12.632M
EPS Basic	-2.78	0.23	0.55	0.92	-4.48	1.12	0.06	1.30	0.61
EPS Diluted	-2.78	0.23	0.55	0.92	-4.48	0.86	0.04	0.97	0.47
Shares Outstanding	242.300M	242.300M	242.300M	234.200M	107.514M	57.966M	54.413M	54.553M	54.396M
Diluted Shares Outstanding	242.300M	242.300M	242.300M	234.200M	107.514M	75.650M	73.042M	73.125M	70.416M

CRCL Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenue	2.747B	1.676B	1.450B	772.052M	84.877M	15.441M
Cost of Goods Sold	2.509B	1.281B	1.024B	522.315M	110.791M	22.543M
Gross Profit	238.113M	395.479M	426.687M	249.737M	-25.914M	-7.102M
Gross Profit Margin	8.7%	23.6%	29.4%	32.3%	-30.5%	-46.0%
Total Operating Expenses	329.255M	228.321M	157.159M	287.853M	60.184M	23.788M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	215.990M	154.609M	136.672M	161.111M	44.822M	14.316M
Operating Income (EBIT)	-91.142M	167.158M	269.528M	-38.116M	-86.098M	-30.890M
Operating Margin	-3.3%	10.0%	18.6%	-4.9%	-101.4%	-200.1%
Income Before Tax (EBT)	-102.893M	221.574M	318.949M	-758.509M	-503.859M	-17.198M
Interest Income	47.672M	34.712M	29.262M	8.645M	—	—
Interest Expense	1.226M	1.906M	1.912M	2.684M	4.772M	3.363M
Other Income/Expense	-11.751M	54.416M	49.421M	-720.393M	-417.761M	13.692M
Net Income	-69.508M	155.667M	267.562M	-768.847M	-508.206M	3.790M
Income Tax Expense	-33.375M	64.583M	47.400M	3.263M	4.854M	115K
Net Profit Margin	-2.5%	9.3%	18.4%	-99.6%	-598.8%	24.5%
EBITDA	-25.040M	274.334M	355.748M	-742.548M	-495.142M	-9.335M
EBITDA Margin	-0.9%	16.4%	24.5%	-96.2%	-583.4%	-60.5%
Depreciation & Amortization	76.627M	50.854M	34.887M	13.277M	3.945M	4.500M
EPS Basic	-0.29	2.86	5.66	-16.48	-11.47	0.09
EPS Diluted	-0.29	2.13	3.96	-16.48	-11.46	0.09
Shares Outstanding	242.300M	54.413M	47.265M	46.663M	44.303M	44.303M
Diluted Shares Outstanding	242.300M	73.042M	67.549M	46.663M	44.348M	44.348M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Circle Internet Group

Circle Internet Group, Inc. establishes and maintains the core infrastructure for stablecoin and blockchain-based applications, functioning as a foundational platform and network for this innovative financial technology. The company offers an extensive array of stablecoin products and services, empowering organizations to harness the benefits of digital currencies and the evolving internet-driven financial ecosystem. Notably, it is a prominent issuer of a stablecoin pegged to the U.S. dollar. Its robust digital asset network encompasses proprietary Circle stablecoins, tokenized investment funds, liquidity provision, payment processing solutions, and comprehensive support for both developers and system integration. Founded in 2013, the firm maintains its headquarters in New York, New York.

New York, NY

900 employees

www.circle.com

Financial Services / Financial - Capital Markets

Sector: Financial Services
Industry: Financial - Capital Markets
CEO: Jeremy D. Allaire

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