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

Circle Internet (CRCL) posted quarterly Capital Expenditures of $200000.0 for Q1 2026, down 98.29% year-over-year from $11.7 million in Q1 2025, and down 99.55% quarter-over-quarter from $44.7 million in Q4 2025.

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

Circle Internet (CRCL) has reported Capital Expenditures for 3 consecutive years, with $200000.0 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Capital Expenditures fell 98.29% year-over-year to $200000.0; the TTM figure through Mar 2026 stood at $44.7 million (changed N/A YoY), while the FY2025 annual figure was $56.2 million, up 43.74% from the prior year.
  • Capital Expenditures slipped to $200000.0 in Q1 2026 per CRCL's latest filing, from $44.7 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $44.7 million in Q4 2025 and bottomed at -$10.4 million in Q2 2025.
  • Historically, Capital Expenditures has averaged $11.1 million across 3 years, with a median of $10.2 million in 2025.
  • Annual changes were most pronounced in 2025 — Capital Expenditures jumped 283.89% — and 2026, when it slumped 98.29%.
  • Circle Internet's Capital Expenditures stood at $11.6 million in 2024, then surged by 283.89% to $44.7 million in 2025, then plunged by 99.55% to $200000.0 in 2026.
  • Business Quant data shows CRCL's Capital Expenditures at $200000.0 in Q1 2026, $44.7 million in Q4 2025, and $10.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 819.00 Mn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 502.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - 140.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 12.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 949.16 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 26.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 199.45 Mn
10 Circle Internet 14.80 Bn 13.28 Bn 40.25 Mn 200,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 200,000.00
Mar 31, 2026 200,000.00
Dec 31, 2025 44.72 Mn
Dec 31, 2025 44.72 Mn
Sep 30, 2025 10.21 Mn
Sep 30, 2025 10.21 Mn
Jun 30, 2025 -10.41 Mn
Jun 30, 2025 -10.41 Mn
Mar 31, 2025 11.68 Mn
Mar 31, 2025 11.68 Mn
Dec 31, 2024 11.65 Mn
Dec 31, 2024 11.65 Mn
Sep 30, 2024 9.54 Mn
Sep 30, 2024 9.54 Mn