Circle Internet (CRCL) Cash from Operations (2024 - 2026)
Circle Internet's (CRCL) quarterly Cash from Operations came in at $517.4 million in Q2 2026, up 109.38% year-over-year from $247.1 million in Q2 2025, and up 2355.06% quarter-over-quarter from $21.1 million in Q1 2026.
Analysis
Circle Internet (CRCL) Cash from Operations (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has reported Cash from Operations for 3 consecutive years, with $517.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cash from Operations rose 109.38% year-over-year to $517.4 million in Q2 2026; TTM through Jun 2026 was $776.9 million, a 48.45% increase from a year earlier, with the FY2025 full-year figure at $542.1 million, up 57.33% from the prior year.
- Cash from Operations was $517.4 million for Q2 2026 at Circle Internet, up from $21.1 million in the prior quarter.
- Over five years, Cash from Operations peaked at $517.4 million in Q2 2026 and troughed at -$10.7 million in Q3 2025.
- A 3-year average of $162.5 million and a median of $109.8 million in 2024 frame the typical range for Cash from Operations.
- The widest YoY moves for Cash from Operations: up 134.16% in 2025, down 109.43% in 2025.
- Over 3 years, Cash from Operations stood at $106.4 million in 2024, then surged by 134.16% to $249.1 million in 2025, then jumped by 107.72% to $517.4 million in 2026.
- The last three Cash from Operations figures came in at $517.4 million (Q2 2026), $21.1 million (Q1 2026), and $249.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 517.43 Mn |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | 371.99 Mn |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | -51.45 Mn |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | -11.89 Mn |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | -6.90 Mn |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | -9.45 Mn |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | - |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | -6.12 Mn |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | -6.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 517.43 Mn |
| Mar 31, 2026 | 21.08 Mn |
| Dec 31, 2025 | 249.10 Mn |
| Sep 30, 2025 | -10.68 Mn |
| Jun 30, 2025 | 247.12 Mn |
| Mar 31, 2025 | 56.59 Mn |
| Dec 31, 2024 | 106.38 Mn |
| Sep 30, 2024 | 113.24 Mn |