Circle Internet Group (CRCL) Income Tax Expense
The tax expense for Circle Internet Group (CRCL) is $-33.38 Million with a year-over-year change of -151.68%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
CRCL Tax Expense Chart
Current Tax Expense
$-33.38M
$-33.38 Million
Year-over-Year Change
-151.68%
vs. $64.58M prior year
Historical Data
6
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $-33.38M | $-97.96M | -151.68% |
| 2024 | $64.58M | +$17.18M | +36.25% |
| 2023 | $47.40M | +$44.14M | +1352.65% |
| 2022 | $3.26M | $-1.59M | -32.78% |
| 2021 | $4.85M | +$4.74M | +4120.87% |
| 2020 | $115,000 | — | — |
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.
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- CEO
- Jeremy D. Allaire