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% on a QoQ basis from $204.4 million in Q4 2025.
Circle Internet (CRCL) has 3 years of Free Cash Flow data on file, last reported at $11.7 million in Q1 2026.
- Quarterly Free Cash Flow fell 79.29% year-over-year to $11.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $441.1 million (up 86.01% YoY) and the FY2025 annual result came in at $485.9 million, up 59.07% from the prior year.
- Free Cash Flow fell to $11.7 million in Q1 2026 per CRCL's latest filing, from $204.4 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $239.7 million in Q2 2025 and bottomed at -$14.7 million in Q3 2025.
- The 3-year median for Free Cash Flow is $85.8 million (2024), against an average of $96.9 million.
- Peak annual rise in Free Cash Flow reached 115.75% in 2025, while the deepest fall reached 117.19% in 2025.
- Tracing CRCL's Free Cash Flow over 3 years: stood at $94.7 million in 2024, then surged by 115.75% to $204.4 million in 2025, then sank by 94.27% to $11.7 million in 2026.
- Per Business Quant, the three latest CRCL Free Cash Flow figures stand at $11.7 million (Q1 2026), $204.4 million (Q4 2025), and -$14.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | -7.85 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | -32.43 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 7.20 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 2.03 Bn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 3.59 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 11.72 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 124.64 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -1.15 Bn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 103.58 Mn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -63.84 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 |