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

Circle Internet (CRCL) reported Capital Expenditures of $9.4 million for Q1 2026, down 79.08% quarter-over-quarter from $44.7 million in Q4 2025.

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

Circle Internet (CRCL) has 3 years of Capital Expenditures data on file, last reported at $9.4 million in Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $9.4 million, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was $65.6 million (changed N/A YoY), and the FY2025 annual result was $56.2 million, up 43.74% from the prior year.
  • Capital Expenditures retreated to $9.4 million in Q1 2026 per CRCL's latest filing, from $44.7 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $44.7 million in Q4 2025 and troughed at $4.1 million in Q3 2025.
  • A 3-year average of $17.4 million and a median of $10.5 million in 2024 frame the typical range for Capital Expenditures.
  • On a YoY basis, Capital Expenditures climbed as much as 283.89% in 2025 and fell as far as 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 sank by 79.08% to $9.4 million in 2026.
  • Business Quant data shows CRCL's Capital Expenditures at $9.4 million in Q1 2026, $44.7 million in Q4 2025, and $4.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 754.00 Mn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 565.00 Mn
4 Schwab Charles 160.31 Bn 115.33 Bn - 140.00 Mn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 9.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 26.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 165.76 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 254,000.00
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 1.22 Bn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 9.36 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