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% on a QoQ basis from 26.53% in Q4 2025.
Circle Internet (CRCL) has 3 years of FCF Margin data on file, last reported at 28.16% in Q1 2026.
- Quarterly FCF Margin rose 1837.0% year-over-year to 28.16% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.96% (up 12945.0% YoY) and the FY2025 annual result came in at 17.69%, down 199614.0% from the prior year.
- FCF Margin grew to 28.16% in Q1 2026 per CRCL's latest filing, from 26.53% in the prior quarter.
- Across five years, FCF Margin topped out at 15684.28% in Q3 2024 and bottomed at 7.73% in Q4 2024.
- The 3-year median for FCF Margin is 26.53% (2025), against an average of 2253.64%.
- Peak annual rise in FCF Margin reached 3426 bps in 2025, while the deepest fall reached 1568627 bps in 2025.
- Tracing CRCL's FCF Margin over 3 years: stood at 7.73% in 2024, then surged by 443 bps to 26.53% in 2025, then rose by 6 bps to 28.16% in 2026.
- Per Business Quant, the three latest CRCL FCF Margin figures stand at 28.16% (Q1 2026), 26.53% (Q4 2025), and 1.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | -38.15% |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | -188.27% |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 111.11% |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 190.16% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 214.80% |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 28.16% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 2.52% |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -791.16% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 16.77% |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -89.89% |
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% |