Circle Internet (CRCL) Capital Expenditures (2024 - 2026)
Circle Internet's (CRCL) quarterly Capital Expenditures came in at $20.2 million in Q2 2026, up 52.93% year-over-year from $13.2 million in Q2 2025, and up 29.21% quarter-over-quarter from $15.6 million in Q1 2026.
Analysis
Circle Internet (CRCL) Capital Expenditures (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has reported Capital Expenditures for 3 consecutive years, with $20.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures rose 52.93% year-over-year to $20.2 million in Q2 2026; TTM through Jun 2026 was $67.1 million, a 45.72% increase from a year earlier, with the FY2025 full-year figure at $56.2 million, up 43.74% from the prior year.
- Capital Expenditures was $20.2 million for Q2 2026 at Circle Internet, up from $15.6 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $20.2 million in Q2 2026 and troughed at $9.5 million in Q3 2024.
- A 3-year average of $14.1 million and a median of $14.4 million in 2025 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures surged 63.95% in 2025 and soared 33.64% in 2026, its largest moves.
- Over 3 years, Capital Expenditures stood at $11.6 million in 2024, then jumped by 34.74% to $15.7 million in 2025, then advanced by 28.45% to $20.2 million in 2026.
- The last three Capital Expenditures figures came in at $20.2 million (Q2 2026), $15.6 million (Q1 2026), and $15.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 20.16 Mn |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | 398.79 Mn |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | -372,000.00 |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | - |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | 2.00 |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | 273,153.00 |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | - |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | - |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | 123,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.16 Mn |
| Mar 31, 2026 | 15.60 Mn |
| Dec 31, 2025 | 15.70 Mn |
| Sep 30, 2025 | 15.65 Mn |
| Jun 30, 2025 | 13.18 Mn |
| Mar 31, 2025 | 11.68 Mn |
| Dec 31, 2024 | 11.65 Mn |
| Sep 30, 2024 | 9.54 Mn |