Circle Internet (CRCL) EBITDA (2024 - 2026)

Circle Internet (CRCL) posted quarterly EBITDA of $45.0 million for Q1 2026, down 51.58% year-over-year from $92.9 million in Q1 2025, and down 18.46% quarter-over-quarter from $55.2 million in Q4 2025.

Circle Internet (CRCL) EBITDA (2024 - 2026) Analysis & Trends

Circle Internet (CRCL) has reported EBITDA for 3 consecutive years, with $45.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA fell 51.58% year-over-year to $45.0 million; the TTM figure through Mar 2026 stood at -$144.4 million (down 169.48% YoY), while the FY2025 annual figure was -$96.4 million, down 157.69% from the prior year.
  • EBITDA declined to $45.0 million in Q1 2026 per CRCL's latest filing, from $55.2 million in the prior quarter.
  • Across five years, EBITDA topped out at $92.9 million in Q1 2025 and bottomed at -$325.6 million in Q2 2025.
  • Historically, EBITDA has averaged $7.9 million across 3 years, with a median of $52.7 million in 2024.
  • On a YoY basis, EBITDA climbed as much as 6850.5% in 2025 and fell as far as 747.98% in 2025.
  • Circle Internet's EBITDA stood at $794000.0 in 2024, then soared by 6850.5% to $55.2 million in 2025, then decreased by 18.46% to $45.0 million in 2026.
  • Business Quant data shows CRCL's EBITDA at $45.0 million in Q1 2026, $55.2 million in Q4 2025, and $81.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 20.47 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 26.66 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 7.05 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 532.81 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 470.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -233.52 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 2.33 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 778.05 Mn
10 Circle Internet 14.80 Bn 13.28 Bn 40.25 Mn 45.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 45.00 Mn
Dec 31, 2025 55.19 Mn
Sep 30, 2025 81.02 Mn
Jun 30, 2025 -325.58 Mn
Mar 31, 2025 92.94 Mn
Dec 31, 2024 794,000.00
Sep 30, 2024 63.80 Mn
Jun 30, 2024 50.25 Mn