Circle Internet (CRCL) Net Cash Flow (2024 - 2026)
Circle Internet (CRCL) recorded Net Cash Flow of $502.61 million in Q3 2026, down 96.0% from $12.49 billion a year earlier.
Powered by 
Analysis
Circle Internet (CRCL) Net Cash Flow (2024 - 2026) Analysis & Trends
On a TTM basis, Circle Internet's Net Cash Flow came in at $721.75 million as of Sep 30, 2026, down 98.2% year-over-year; for FY2025, it was $32.39 billion, up 62.1% from FY2024.
- Across earlier years, Net Cash Flow came in at $19.98 billion in FY2024 and -$11.68 billion in FY2023.
- Quarterly Net Cash Flow has ranged from -$3.41 billion in Q2 2026 to $16.29 billion in Q1 2025 over the past five years.
- On a year-over-year basis, Net Cash Flow rose in 1 of the last four quarters, with an average decline of 1.9%.
- Per Business Quant, the preceding three quarters came in at -$3.41 billion (Q2 2026), $1.78 billion (Q1 2026) and $1.85 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 113.65 Bn | 101.99 Bn | 359.20 Mn | -2.88 Bn |
| 2 | Bank of New York Mellon | 103.23 Bn | 37.32 Bn | - | -1.67 Bn |
| 3 | Intercontinental Exchange | 99.60 Bn | 93.42 Bn | 1.22 Bn | 2.15 Bn |
| 4 | Robinhood Markets | 70.15 Bn | 49.76 Bn | - | 1.10 Bn |
| 5 | Nasdaq | 60.57 Bn | 58.01 Bn | 1.48 Bn | 371.00 Mn |
| 6 | State Street | 47.32 Bn | 43.94 Bn | - | 506.00 Mn |
| 7 | Cboe Global Markets | 39.19 Bn | 29.68 Bn | 712.20 Mn | 847.50 Mn |
| 8 | Interactive Brokers | 37.06 Bn | 20.72 Bn | - | 369.00 Mn |
| 9 | Northern Trust | 32.28 Bn | 32.28 Bn | - | 809.80 Mn |
| 10 | Circle Internet | 15.74 Bn | 9.27 Bn | 453.25 Mn | 502.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 502.61 Mn |
| Jun 30, 2026 | -3.41 Bn |
| Mar 31, 2026 | 1.78 Bn |
| Dec 31, 2025 | 1.85 Bn |
| Sep 30, 2025 | 12.49 Bn |
| Jun 30, 2025 | 1.76 Bn |
| Mar 31, 2025 | 16.29 Bn |
| Dec 31, 2024 | 8.67 Bn |
| Sep 30, 2024 | 3.51 Bn |
API Access
Circle Internet Net Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-cash-flow&ticker=CRCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "ticker": "CRCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-cash-flow&ticker=CRCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();