Circle Internet (CRCL) FCF Margin (2024 - 2026)
Circle Internet (CRCL) reported FCF Margin of 28.16% for Q1 2026, up 1837.0% year-over-year from 1.45% in Q1 2025, and up 6.11% quarter-over-quarter from 26.53% in Q4 2025.
Circle Internet (CRCL) FCF Margin (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has 3 years of FCF Margin data on file, last reported at 28.16% in Q1 2026.
- FCF Margin for Q1 2026 came in at 28.16%, up 1837.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.96% (up 12945.0% YoY), and the FY2025 annual result was 17.69%, down 199614.0% from the prior year.
- FCF Margin rose to 28.16% in Q1 2026 per CRCL's latest filing, from 26.53% in the prior quarter.
- Over five years, FCF Margin peaked at 15684.28% in Q3 2024 and troughed at 7.73% in Q4 2024.
- A 3-year average of 2253.64% and a median of 26.53% in 2025 frame the typical range for FCF Margin.
- On a YoY basis, FCF Margin climbed as much as 3426 bps in 2025 and fell as far as 1568627 bps in 2025.
- A 3-year view of FCF Margin shows it stood at 7.73% in 2024, then jumped by 443 bps to 26.53% in 2025, then advanced by 6 bps to 28.16% in 2026.
- Business Quant data shows CRCL's FCF Margin at 28.16% in Q1 2026, 26.53% in Q4 2025, and 1.99% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | -38.15% |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | -188.27% |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 111.11% |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 190.16% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 214.80% |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 2.52% |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 16.77% |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -791.16% |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 28.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.16% |
| Dec 31, 2025 | 26.53% |
| Sep 30, 2025 | -1.99% |
| Jun 30, 2025 | 36.42% |
| Mar 31, 2025 | 9.78% |
| Dec 31, 2024 | -7.73% |
| Sep 30, 2024 | 15,684.28% |