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% on a QoQ basis from $56.2 million in Q4 2025.
Circle Internet (CRCL) has 3 years of EBITDA data on file, last reported at $46.0 million in Q1 2026.
- Quarterly EBITDA fell 50.72% year-over-year to $46.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$140.8 million (down 167.14% YoY) and the FY2025 annual result came in at -$93.4 million, down 155.27% from the prior year.
- EBITDA eased to $46.0 million in Q1 2026 per CRCL's latest filing, from $56.2 million in the prior quarter.
- Across five years, EBITDA topped out at $93.3 million in Q1 2025 and bottomed at -$325.0 million in Q2 2025.
- The 3-year median for EBITDA is $53.5 million (2024), against an average of $8.6 million.
- Peak annual rise in EBITDA reached 4242.12% in 2025, while the deepest fall reached 740.41% in 2025.
- Tracing CRCL's EBITDA over 3 years: stood at $1.3 million in 2024, then surged by 4242.12% to $56.2 million in 2025, then slipped by 18.13% to $46.0 million in 2026.
- Per Business Quant, the three latest CRCL EBITDA figures stand at $46.0 million (Q1 2026), $56.2 million (Q4 2025), and $82.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 19.58 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 23.57 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 4.01 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 304.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 246.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 46.00 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 584.88 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -254.94 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 294.45 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -262.45 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 |