Circle Internet (CRCL) EBITDA (2024 - 2026)
Circle Internet (CRCL) posted quarterly EBITDA of $46.0 million for Q1 2026, down 50.72% YoY from $93.3 million in Q1 2025, and down 18.13% sequentially from $56.2 million in Q4 2025.
Circle Internet (CRCL) EBITDA (2024 - 2026) Analysis & Trends
Circle Internet has disclosed EBITDA across 3 years of filings, most recently posting $46.0 million for Q1 2026.
- In Q1 2026, EBITDA fell 50.72% year-over-year to $46.0 million; the TTM figure through Mar 2026 stood at -$140.8 million (down 167.14% YoY), while the FY2025 annual figure was -$93.4 million, down 155.27% from the prior year.
- EBITDA declined to $46.0 million in Q1 2026, from $56.2 million in the prior quarter.
- Over the last five years, EBITDA for CRCL reached as high as $93.3 million in Q1 2025 and fell as low as -$325.0 million in Q2 2025.
- The 3-year median for EBITDA is $53.5 million (2024), against an average of $8.6 million.
- The widest YoY moves for EBITDA: up 4242.12% in 2025, down 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.
- According to Business Quant data, EBITDA over the past three periods registered $46.0 million, $56.2 million, and $82.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 19.58 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 23.57 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 4.01 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 441.58 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 304.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 584.88 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 294.45 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 46.00 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -254.94 Mn |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 323.97 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 |