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

Circle Internet (CRCL) posted quarterly Gross Profit of $35.0 million for Q1 2026, down 93.95% YoY from $578.2 million in Q1 2025, and down 95.31% sequentially from $745.7 million in Q4 2025.

Circle Internet (CRCL) Gross Profit (2024 - 2026) Analysis & Trends

Circle Internet has disclosed Gross Profit across 3 years of filings, most recently posting $35.0 million for Q1 2026.

  • In Q1 2026, Gross Profit fell 93.95% year-over-year to $35.0 million; the TTM figure through Mar 2026 stood at $2.2 billion (up 1089.92% YoY), while the FY2025 annual figure was $2.7 billion, up 31479.9% from the prior year.
  • Gross Profit retreated to $35.0 million in Q1 2026, from $745.7 million in the prior quarter.
  • Over the last five years, Gross Profit for CRCL reached as high as $745.7 million in Q4 2025 and fell as low as -$1.2 billion in Q4 2024.
  • The 3-year median for Gross Profit is $503.4 million (2024), against an average of $244.1 million.
  • Annual changes were most pronounced in 2025 — Gross Profit surged 275890.98% — and 2026, when it tumbled 93.95%.
  • A 3-year view of Gross Profit shows it stood at -$1.2 billion in 2024, then jumped by 160.8% to $745.7 million in 2025, then sank by 95.31% to $35.0 million in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered $35.0 million, $745.7 million, and $734.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn -
2 Goldman Sachs 309.79 Bn -627.76 Bn -
3 Schwab Charles 167.21 Bn 122.24 Bn -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn -
7 Tradeweb Markets 21.59 Bn 20.34 Bn -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 35.01 Mn
Mar 31, 2026 35.01 Mn
Dec 31, 2025 745.73 Mn
Dec 31, 2025 745.73 Mn
Sep 30, 2025 734.14 Mn
Sep 30, 2025 734.14 Mn
Jun 30, 2025 657.61 Mn
Jun 30, 2025 657.61 Mn
Mar 31, 2025 578.24 Mn
Mar 31, 2025 578.24 Mn
Dec 31, 2024 -1.23 Bn
Dec 31, 2024 -1.23 Bn
Sep 30, 2024 266,000.00
Sep 30, 2024 266,000.00
Jun 30, 2024 428.55 Mn
Jun 30, 2024 428.55 Mn