Circle Internet (CRCL) Invested Capital (2023 - 2026)
Circle Internet (CRCL) reported Invested Capital of $3.4 billion for Q1 2026, up 360.23% year-over-year from $745.0 million in Q1 2025, and up 2.98% on a QoQ basis from $3.3 billion in Q4 2025.
Circle Internet (CRCL) has 4 years of Invested Capital data on file, last reported at $3.4 billion in Q1 2026.
- Quarterly Invested Capital rose 360.23% year-over-year to $3.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.4 billion (up 360.23% YoY) and the FY2025 annual result came in at $3.3 billion, up 483.55% from the prior year.
- Invested Capital improved to $3.4 billion in Q1 2026 per CRCL's latest filing, from $3.3 billion in the prior quarter.
- Across five years, Invested Capital topped out at $3.4 billion in Q1 2026 and bottomed at $339.5 million in Q4 2023.
- The 4-year median for Invested Capital is $745.0 million (2025), against an average of $1.6 billion.
- The widest annual swing landed in 2024, when Invested Capital surged 68.06%; it then surged 483.55% in 2025.
- Tracing CRCL's Invested Capital over 4 years: stood at $339.5 million in 2023, then jumped by 68.06% to $570.5 million in 2024, then surged by 483.55% to $3.3 billion in 2025, then increased by 2.98% to $3.4 billion in 2026.
- Per Business Quant, the three latest CRCL Invested Capital figures stand at $3.4 billion (Q1 2026), $3.3 billion (Q4 2025), and $3.0 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 486.95 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 122.78 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 49.23 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 9.69 Bn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 5.59 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 3.43 Bn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 12.87 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 2.94 Bn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 7.31 Bn |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 1.69 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.43 Bn |
| Dec 31, 2025 | 3.33 Bn |
| Sep 30, 2025 | 3.02 Bn |
| Jun 30, 2025 | 2.37 Bn |
| Mar 31, 2025 | 744.98 Mn |
| Dec 31, 2024 | 570.53 Mn |
| Sep 30, 2024 | 557.73 Mn |
| Jun 30, 2024 | 460.86 Mn |
| Dec 31, 2023 | 339.47 Mn |