Circle Internet (CRCL) EBITDA (2024 - 2026)
Circle Internet's (CRCL) quarterly EBITDA came in at $35.4 million in Q2 2026, up 110.88% year-over-year from $16.8 million in Q2 2025, and down 23.14% quarter-over-quarter from $46.0 million in Q1 2026.
Analysis
Circle Internet (CRCL) EBITDA (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has reported EBITDA for 3 consecutive years, with $35.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA rose 110.88% year-over-year to $35.4 million in Q2 2026; TTM through Jun 2026 was $219.6 million, a 232.23% increase from a year earlier, with the FY2025 full-year figure at -$93.4 million, down 155.27% from the prior year.
- EBITDA was $35.4 million for Q2 2026 at Circle Internet, down from $46.0 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 $11.6 million and a median of $50.7 million in 2024 frame the typical range for EBITDA.
- The widest YoY moves for EBITDA: up 4242.12% in 2025, down 740.41% in 2025.
- Over 3 years, EBITDA stood at $1.3 million in 2024, then soared by 4242.12% to $56.2 million in 2025, then sank by 37.07% to $35.4 million in 2026.
- The last three EBITDA figures came in at $35.4 million (Q2 2026), $46.0 million (Q1 2026), and $56.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 35.36 Mn |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | -462.79 Mn |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | -76.94 Mn |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | -32.67 Mn |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | -42.07 Mn |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | -8.50 Mn |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | 1.04 Mn |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | -3.33 Mn |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | -21.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.36 Mn |
| 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 |