Circle Internet (CRCL) Gross Margin (2024 - 2026)

Circle Internet has reported Gross Margin over the past 3 years, most recently at 84.1% for Q1 2026.

  • Quarterly Gross Margin fell 1584.0% to 84.1% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 98.32% through Mar 2026, down 302.0% year-over-year, with the annual reading at 99.06% for FY2025, 4226.0% up from the prior year.
  • Gross Margin was 84.1% for Q1 2026 at Circle Internet, down from 96.82% in the prior quarter.
  • Over five years, Gross Margin peaked at 100.07% in Q4 2024 and troughed at 48.63% in Q3 2024.
  • The 3-year median for Gross Margin is 99.45% (2024), against an average of 91.05%.
  • Year-over-year, Gross Margin surged 5061bps in 2025 and then plummeted -1584bps in 2026.
  • A 3-year view of Gross Margin shows it stood at 100.07% in 2024, then fell by -3bps to 96.82% in 2025, then dropped by -13bps to 84.1% in 2026.
  • Per Business Quant, the three most recent readings for CRCL's Gross Margin are 84.1% (Q1 2026), 96.82% (Q4 2025), and 99.24% (Q3 2025).