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| Date | Value |
|---|---|
| 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 |