Circle Internet (CRCL) EBT Margin (2024 - 2026)
Circle Internet (CRCL) recorded EBT Margin of 7.46% in Q2 2026, up 81.31 percentage points from -73.85% a year earlier but down 0.71 percentage points from the prior quarter.
Circle Internet (CRCL) EBT Margin (2024 - 2026) Analysis & Trends
On a TTM basis, Circle Internet's EBT Margin came in at 13.85% as of Jun 30, 2026, up 27.99 percentage points year-over-year; for FY2025, it was -3.75%, down 16.96 percentage points from FY2024.
- Across earlier years, EBT Margin came in at 13.22% in FY2024 (-8.77 pp) and 21.99% in FY2023.
- Quarterly EBT Margin has ranged from -73.85% in Q2 2025 to 20.69% in Q3 2025 over the past five years.
- On a year-over-year basis, EBT Margin rose in three of the last five quarters, with an average year-over-year change of +1.03 percentage points.
- Per Business Quant, the preceding three quarters came in at 8.17% (Q1 2026), 18.20% (Q4 2025) and 20.69% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | 54.20% |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | 40.00% |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 77.82% |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 35.64% |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 25.79% |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | 34.31% |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | 76.79% |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 78.90% |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 34.29% |
| 10 | Circle Internet | 18.96 Bn | 12.84 Bn | 288.85 Mn | 7.46% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.46% |
| Mar 31, 2026 | 8.17% |
| Dec 31, 2025 | 18.20% |
| Sep 30, 2025 | 20.69% |
| Jun 30, 2025 | -73.85% |
| Mar 31, 2025 | 15.53% |
| Dec 31, 2024 | 2.38% |
| Sep 30, 2024 | 19.33% |
| Jun 30, 2024 | 12.13% |
Circle Internet EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=CRCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "CRCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=CRCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();