Circle Internet (CRCL) EBIT Margin (2024 - 2026)
Circle Internet's EBIT Margin came in at 24.09% for Q3 2026, up 13.14 percentage points from 10.95% a year earlier and up 19.19 percentage points from the prior quarter.
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Analysis
Circle Internet (CRCL) EBIT Margin (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Circle Internet reported EBIT Margin of 11.31%, up 17.57 percentage points year-over-year; for FY2025, it came in at -3.51%, down 13.48 percentage points from FY2024.
- Going back by year, EBIT Margin was 9.97% in FY2024 (-8.61 pp) and 18.58% in FY2023.
- The Q3 2026 figure represents the highest quarterly EBIT Margin in data going back to Q2 2024.
- Year-over-year, EBIT Margin increased in three of the last six quarters, with an average year-over-year change of +0.07 percentage points.
- Business Quant data shows CRCL's EBIT Margin at 4.90% (Q2 2026), 6.48% (Q1 2026) and 7.16% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 113.65 Bn | 101.99 Bn | 359.20 Mn | 65.70% |
| 2 | Bank of New York Mellon | 103.23 Bn | 37.32 Bn | - | 113.77% |
| 3 | Intercontinental Exchange | 99.60 Bn | 93.42 Bn | 1.22 Bn | 38.84% |
| 4 | Robinhood Markets | 70.15 Bn | 49.76 Bn | - | 58.57% |
| 5 | Nasdaq | 60.57 Bn | 58.01 Bn | 1.48 Bn | 30.59% |
| 6 | State Street | 47.32 Bn | 43.94 Bn | - | 85.91% |
| 7 | Cboe Global Markets | 39.19 Bn | 29.68 Bn | 712.20 Mn | 39.32% |
| 8 | Interactive Brokers | 37.06 Bn | 20.72 Bn | - | 144.98% |
| 9 | Northern Trust | 32.28 Bn | 32.28 Bn | - | 160.10% |
| 10 | Circle Internet | 15.74 Bn | 9.27 Bn | 453.25 Mn | 24.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.09% |
| Jun 30, 2026 | 4.90% |
| Mar 31, 2026 | 6.48% |
| Dec 31, 2025 | 7.16% |
| Sep 30, 2025 | 10.95% |
| Jun 30, 2025 | -49.47% |
| Mar 31, 2025 | 16.06% |
| Dec 31, 2024 | 0.18% |
| Sep 30, 2024 | 14.31% |
| Jun 30, 2024 | 11.68% |
API Access
Circle Internet EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=CRCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "CRCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=CRCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();