Circle Internet (CRCL) Enterprise Value (2023 - 2026)
Circle Internet (CRCL) reported Enterprise Value of -$1.5 billion for Q1 2026, down 78.63% year-over-year from -$7.1 billion in Q1 2025, and up 0.57% quarter-over-quarter from -$1.5 billion in Q4 2025.
Circle Internet (CRCL) Enterprise Value (2023 - 2026) Analysis & Trends
Circle Internet (CRCL) has 4 years of Enterprise Value data on file, last reported at -$1.5 billion in Q1 2026.
- Enterprise Value for Q1 2026 came in at -$1.5 billion, down 78.63% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.5 billion (down 78.63% YoY), and the FY2025 annual result was -$1.5 billion, down 103.01% from the prior year.
- Enterprise Value advanced to -$1.5 billion in Q1 2026 per CRCL's latest filing, from -$1.5 billion in the prior quarter.
- Over five years, Enterprise Value peaked at -$368.6 million in Q4 2023 and troughed at -$1.5 billion in Q4 2025.
- A 4-year average of -$945.6 million and a median of -$848.6 million in 2025 frame the typical range for Enterprise Value.
- The sharpest annual moves came in 2025 and 2026: Enterprise Value slumped 144.42% in 2025, then sank 78.63% in 2026.
- A 4-year view of Enterprise Value shows it stood at -$368.6 million in 2023, then sank by 103.73% to -$751.0 million in 2024, then sank by 103.01% to -$1.5 billion in 2025, then rose by 0.57% to -$1.5 billion in 2026.
- Business Quant data shows CRCL's Enterprise Value at -$1.5 billion in Q1 2026, -$1.5 billion in Q4 2025, and -$1.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | -268,003.51 |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | -133.53 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | -937.55 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | -44.98 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | -4.64 Bn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 10.59 Bn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | -1.02 Bn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | -1.25 Bn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -2.21 Bn |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | -1.52 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.52 Bn |
| Dec 31, 2025 | -1.52 Bn |
| Sep 30, 2025 | -1.35 Bn |
| Jun 30, 2025 | -1.12 Bn |
| Mar 31, 2025 | -848.61 Mn |
| Dec 31, 2024 | -750.98 Mn |
| Sep 30, 2024 | -577.28 Mn |
| Jun 30, 2024 | -457.46 Mn |
| Dec 31, 2023 | -368.62 Mn |