Circle Internet (CRCL) Free Cash Flow (2024 - 2026)
Circle Internet's (CRCL) quarterly Free Cash Flow came in at $497.3 million in Q2 2026, up 112.56% year-over-year from $233.9 million in Q2 2025, and up 8985.84% quarter-over-quarter from $5.5 million in Q1 2026.
Analysis
Circle Internet (CRCL) Free Cash Flow (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has reported Free Cash Flow for 3 consecutive years, with $497.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 112.56% year-over-year to $497.3 million in Q2 2026; TTM through Jun 2026 was $709.8 million, a 48.72% increase from a year earlier, with the FY2025 full-year figure at $485.9 million, up 59.07% from the prior year.
- Free Cash Flow was $497.3 million for Q2 2026 at Circle Internet, up from $5.5 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $497.3 million in Q2 2026 and troughed at -$26.3 million in Q3 2025.
- A 3-year average of $148.4 million and a median of $99.2 million in 2024 frame the typical range for Free Cash Flow.
- The widest YoY moves for Free Cash Flow: up 146.38% in 2025, down 125.39% in 2025.
- Over 3 years, Free Cash Flow stood at $94.7 million in 2024, then jumped by 146.38% to $233.4 million in 2025, then jumped by 113.05% to $497.3 million in 2026.
- The last three Free Cash Flow figures came in at $497.3 million (Q2 2026), $5.5 million (Q1 2026), and $233.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 497.27 Mn |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | -26.80 Mn |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | -51.07 Mn |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | -11.89 Mn |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | -6.90 Mn |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | -9.72 Mn |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | - |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | -6.12 Mn |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | -6.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 497.27 Mn |
| Mar 31, 2026 | 5.47 Mn |
| Dec 31, 2025 | 233.40 Mn |
| Sep 30, 2025 | -26.33 Mn |
| Jun 30, 2025 | 233.94 Mn |
| Mar 31, 2025 | 44.92 Mn |
| Dec 31, 2024 | 94.73 Mn |
| Sep 30, 2024 | 103.70 Mn |