Circle Internet (CRCL) EBT Margin (2024 - 2026)

Circle Internet (CRCL) posted quarterly EBT Margin of 136.18% for Q1 2026, up 12065.0% YoY from N/an in Q1 2025, and up 648.24% sequentially from 18.2% in Q4 2025.

Circle Internet (CRCL) EBT Margin (2024 - 2026) Analysis & Trends

Circle Internet has disclosed EBT Margin across 3 years of filings, most recently posting 136.18% for Q1 2026.

  • In Q1 2026, EBT Margin rose 12065.0% year-over-year to 136.18%; the TTM figure through Mar 2026 stood at 6.16% (up 10399.0% YoY), while the FY2025 annual figure was 3.75%, down 146445.0% from the prior year.
  • EBT Margin grew to 136.18% in Q1 2026, from 18.2% in the prior quarter.
  • Over the last five years, EBT Margin for CRCL reached as high as 15752.1% in Q3 2024 and fell as low as 73.85% in Q2 2025.
  • The 3-year median for EBT Margin is 16.86% (2025), against an average of 1985.02%.
  • Annual changes were most pronounced in 2025 — EBT Margin tumbled 1573141 bps — and 2026, when it soared 12065 bps.
  • A 3-year view of EBT Margin shows it stood at 0.85% in 2024, then jumped by 2252 bps to 18.2% in 2025, then soared by 648 bps to 136.18% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 136.18%, 18.2%, and 20.69% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 34.07%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 37.65%
3 Schwab Charles 167.21 Bn 122.24 Bn - 49.18%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 144.51%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 38.52%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 9.81%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 49.04%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 136.18%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -175.48%
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 23.69%

Historic Data

Download Data
DateValue
Mar 31, 2026 136.18%
Dec 31, 2025 18.20%
Sep 30, 2025 20.69%
Jun 30, 2025 -73.85%
Mar 31, 2025 15.53%
Dec 31, 2024 -0.85%
Sep 30, 2024 15,752.10%
Jun 30, 2024 12.13%