Circle Internet (CRCL) Capital Expenditures (2024 - 2026)

Circle Internet (CRCL) posted quarterly Capital Expenditures of $9.4 million for Q1 2026, down 79.08% sequentially from $44.7 million in Q4 2025.

Circle Internet (CRCL) Capital Expenditures (2024 - 2026) Analysis & Trends

Circle Internet has disclosed Capital Expenditures across 3 years of filings, most recently posting $9.4 million for Q1 2026.

  • In Q1 2026, Capital Expenditures changed N/A year-over-year to $9.4 million; the TTM figure through Mar 2026 stood at $65.6 million (changed N/A YoY), while the FY2025 annual figure was $56.2 million, up 43.74% from the prior year.
  • Capital Expenditures eased to $9.4 million in Q1 2026, from $44.7 million in the prior quarter.
  • Over the last five years, Capital Expenditures for CRCL reached as high as $44.7 million in Q4 2025 and fell as low as $4.1 million in Q3 2025.
  • The 3-year median for Capital Expenditures is $10.5 million (2024), against an average of $17.4 million.
  • The widest YoY moves for Capital Expenditures: up 283.89% in 2025, down 85.2% in 2025.
  • A 3-year view of Capital Expenditures shows it stood at $11.6 million in 2024, then jumped by 283.89% to $44.7 million in 2025, then tumbled by 79.08% to $9.4 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $9.4 million, $44.7 million, and $4.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 754.00 Mn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 565.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - 140.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 9.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 165.76 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 254,000.00
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 9.36 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 1.22 Bn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 3.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.36 Mn
Mar 31, 2026 9.36 Mn
Dec 31, 2025 44.72 Mn
Dec 31, 2025 44.72 Mn
Sep 30, 2025 4.06 Mn
Sep 30, 2025 4.06 Mn
Jun 30, 2025 7.42 Mn
Jun 30, 2025 7.42 Mn
Dec 31, 2024 11.65 Mn
Dec 31, 2024 11.65 Mn
Sep 30, 2024 27.45 Mn
Sep 30, 2024 27.45 Mn