Circle Internet CRCL
NYSE CRCL
$88.64 -0.84 (-0.94%)
At close: Sep 2, 2026 · 4:00 PM EDT

Circle Internet (CRCL) Enterprise Value (2025 - 2026)

Circle Internet (CRCL) posted quarterly 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.

Analysis

Circle Internet (CRCL) Enterprise Value (2025 - 2026) Analysis & Trends

Circle Internet (CRCL) has reported Enterprise Value for 4 consecutive years, with -$1.5 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Enterprise Value fell 78.63% year-over-year to -$1.5 billion; the TTM figure through Mar 2026 stood at -$1.5 billion (down 78.63% YoY), while the FY2025 annual figure was -$1.5 billion, down 103.01% from the prior year.
  • Enterprise Value rose to -$1.5 billion in Q1 2026 per CRCL's latest filing, from -$1.5 billion in the prior quarter.
  • Across five years, Enterprise Value topped out at -$368.6 million in Q4 2023 and bottomed at -$1.5 billion in Q4 2025.
  • Historically, Enterprise Value has averaged -$945.6 million across 4 years, with a median of -$848.6 million in 2025.
  • Annual changes were most pronounced in 2025 — Enterprise Value slumped 144.42% — and 2026, when it sank 78.63%.
  • Circle Internet's Enterprise Value stood at -$368.6 million in 2023, then slumped by 103.73% to -$751.0 million in 2024, then slumped by 103.01% to -$1.5 billion in 2025, then gained 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 329.44 Bn 169.31 Bn -
2 Goldman Sachs 300.90 Bn -675.44 Bn -
3 Schwab Charles 188.46 Bn 114.86 Bn -
4 Robinhood Markets 95.87 Bn 78.49 Bn 1.20 Bn
5 Interactive Brokers 39.89 Bn -24.41 Bn -
6 LPL Financial Holdings 28.30 Bn 25.60 Bn -
7 Circle Internet 22.04 Bn 20.31 Bn 288.85 Mn
8 Tradeweb Markets 22.00 Bn 19.94 Bn -
9 Futu Holdings 16.48 Bn -19,683,684.71 Bn 792.50 Mn
10 UP Fintech Holding 12.74 Bn 12.74 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12.90 Bn
Mar 31, 2026 20.32 Bn
Dec 31, 2025 18.05 Bn
Sep 30, 2025 27.18 Bn
Jun 30, 2025 40.48 Bn