Circle Internet (CRCL) Free Cash Flow (2024 - 2026)
Circle Internet (CRCL) reported Free Cash Flow of $11.7 million for Q1 2026, down 79.29% year-over-year from $56.6 million in Q1 2025, and down 94.27% quarter-over-quarter from $204.4 million in Q4 2025.
Circle Internet (CRCL) Free Cash Flow (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has 3 years of Free Cash Flow data on file, last reported at $11.7 million in Q1 2026.
- Free Cash Flow for Q1 2026 came in at $11.7 million, down 79.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $441.1 million (up 86.01% YoY), and the FY2025 annual result was $485.9 million, up 59.07% from the prior year.
- Free Cash Flow declined to $11.7 million in Q1 2026 per CRCL's latest filing, from $204.4 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $239.7 million in Q2 2025 and troughed at -$14.7 million in Q3 2025.
- A 3-year average of $96.9 million and a median of $85.8 million in 2024 frame the typical range for Free Cash Flow.
- On a YoY basis, Free Cash Flow climbed as much as 115.75% in 2025 and fell as far as 117.19% in 2025.
- A 3-year view of Free Cash Flow shows it stood at $94.7 million in 2024, then jumped by 115.75% to $204.4 million in 2025, then tumbled by 94.27% to $11.7 million in 2026.
- Business Quant data shows CRCL's Free Cash Flow at $11.7 million in Q1 2026, $204.4 million in Q4 2025, and -$14.7 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | -1.33 Mn |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | -7.85 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | -32.43 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 7.20 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 2.03 Bn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 3.59 Bn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 124.64 Mn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 103.58 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -1.15 Bn |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 11.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.72 Mn |
| Mar 31, 2026 | 11.72 Mn |
| Dec 31, 2025 | 204.38 Mn |
| Dec 31, 2025 | 204.38 Mn |
| Sep 30, 2025 | -14.74 Mn |
| Sep 30, 2025 | -14.74 Mn |
| Jun 30, 2025 | 239.70 Mn |
| Jun 30, 2025 | 239.70 Mn |
| Mar 31, 2025 | 56.59 Mn |
| Mar 31, 2025 | 56.59 Mn |
| Dec 31, 2024 | 94.73 Mn |
| Dec 31, 2024 | 94.73 Mn |
| Sep 30, 2024 | 85.79 Mn |
| Sep 30, 2024 | 85.79 Mn |