Circle Internet (CRCL) EBITDA (2024 - 2026)
Circle Internet (CRCL) reported EBITDA of $46.0 million for Q1 2026, down 50.72% year-over-year from $93.3 million in Q1 2025, and down 18.13% quarter-over-quarter from $56.2 million in Q4 2025.
Circle Internet (CRCL) EBITDA (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has 3 years of EBITDA data on file, last reported at $46.0 million in Q1 2026.
- EBITDA for Q1 2026 came in at $46.0 million, down 50.72% year-over-year; the trailing twelve-month figure through Mar 2026 was -$140.8 million (down 167.14% YoY), and the FY2025 annual result was -$93.4 million, down 155.27% from the prior year.
- EBITDA slipped to $46.0 million in Q1 2026 per CRCL's latest filing, from $56.2 million in the prior quarter.
- Over five years, EBITDA peaked at $93.3 million in Q1 2025 and troughed at -$325.0 million in Q2 2025.
- A 3-year average of $8.6 million and a median of $53.5 million in 2024 frame the typical range for EBITDA.
- On a YoY basis, EBITDA climbed as much as 4242.12% in 2025 and fell as far as 740.41% in 2025.
- A 3-year view of EBITDA shows it stood at $1.3 million in 2024, then jumped by 4242.12% to $56.2 million in 2025, then declined by 18.13% to $46.0 million in 2026.
- Business Quant data shows CRCL's EBITDA at $46.0 million in Q1 2026, $56.2 million in Q4 2025, and $82.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | -35.15 Mn |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 19.58 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 23.57 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 4.01 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 304.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 246.00 Mn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 584.88 Mn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 294.45 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -254.94 Mn |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 46.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.00 Mn |
| Dec 31, 2025 | 56.19 Mn |
| Sep 30, 2025 | 82.02 Mn |
| Jun 30, 2025 | -324.98 Mn |
| Mar 31, 2025 | 93.34 Mn |
| Dec 31, 2024 | 1.29 Mn |
| Sep 30, 2024 | 64.30 Mn |
| Jun 30, 2024 | 50.75 Mn |