Circle Internet (CRCL) Cost of Revenue (2024 - 2026)

Circle Internet has reported Cost of Revenue over the past 3 years, most recently at $6.6 million for Q1 2026.

  • Quarterly Cost of Revenue rose 1875.22% to $6.6 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $37.2 million through Mar 2026, up 1186.21% year-over-year, with the annual reading at $25.7 million for FY2025, 292.46% up from the prior year.
  • Cost of Revenue was $6.6 million for Q1 2026 at Circle Internet, down from $24.5 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $24.5 million in Q4 2025 and troughed at $281000.0 in Q3 2024.
  • The 3-year median for Cost of Revenue is $1.1 million (2024), against an average of $5.0 million.
  • The largest YoY upside for Cost of Revenue was 2958.68% in 2025 against a maximum downside of 68.16% in 2025.
  • A 3-year view of Cost of Revenue shows it stood at $801000.0 in 2024, then skyrocketed by 2958.68% to $24.5 million in 2025, then plummeted by 72.99% to $6.6 million in 2026.
  • Per Business Quant, the three most recent readings for CRCL's Cost of Revenue are $6.6 million (Q1 2026), $24.5 million (Q4 2025), and $5.6 million (Q3 2025).