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% on a QoQ basis from -$1.5 billion in Q4 2025.
Circle Internet (CRCL) has 4 years of Enterprise Value data on file, last reported at -$1.5 billion in Q1 2026.
- Quarterly Enterprise Value fell 78.63% year-over-year to -$1.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.5 billion (down 78.63% YoY) and the FY2025 annual result came in at -$1.5 billion, down 103.01% from the prior year.
- Enterprise Value climbed 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.
- The 4-year median for Enterprise Value is -$848.6 million (2025), against an average of -$945.6 million.
- The widest annual swing landed in 2025, when Enterprise Value plunged 144.42%; it then tumbled 78.63% in 2026.
- Tracing CRCL's Enterprise Value over 4 years: stood at -$368.6 million in 2023, then tumbled by 103.73% to -$751.0 million in 2024, then tumbled by 103.01% to -$1.5 billion in 2025, then grew by 0.57% to -$1.5 billion in 2026.
- Per Business Quant, the three latest CRCL Enterprise Value figures stand at -$1.5 billion (Q1 2026), -$1.5 billion (Q4 2025), and -$1.3 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | -133.53 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | -937.55 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | -44.98 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | -4.64 Bn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 10.59 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | -1.52 Bn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | -1.02 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -2.21 Bn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | -1.25 Bn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 149.71 Mn |
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 |