Circle Internet (CRCL) Net Cash Flow (2024 - 2026)
Circle Internet's (CRCL) quarterly Net Cash Flow came in at -$3.4 billion in Q2 2026, down 293.79% year-over-year from $1.8 billion in Q2 2025, and down 291.94% quarter-over-quarter from $1.8 billion in Q1 2026.
Analysis
Circle Internet (CRCL) Net Cash Flow (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has reported Net Cash Flow for 3 consecutive years, with -$3.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Cash Flow fell 293.79% year-over-year to -$3.4 billion in Q2 2026; TTM through Jun 2026 was $12.7 billion, a 57.96% decrease from a year earlier, with the FY2025 full-year figure at $32.4 billion, up 62.13% from the prior year.
- Net Cash Flow was -$3.4 billion for Q2 2026 at Circle Internet, down from $1.8 billion in the prior quarter.
- Over five years, Net Cash Flow peaked at $16.3 billion in Q1 2025 and troughed at -$3.4 billion in Q2 2026.
- A 3-year average of $5.4 billion and a median of $2.7 billion in 2024 frame the typical range for Net Cash Flow.
- Across the five-year window, Net Cash Flow surged 256.23% in 2025 and slumped 293.79% in 2026, its largest moves.
- Over 3 years, Net Cash Flow stood at $8.7 billion in 2024, then tumbled by 78.62% to $1.9 billion in 2025, then slumped by 284.08% to -$3.4 billion in 2026.
- The last three Net Cash Flow figures came in at -$3.4 billion (Q2 2026), $1.8 billion (Q1 2026), and $1.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | -3.41 Bn |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | -14.95 Mn |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | -56.30 Mn |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | -748,000.00 |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | -2.11 Mn |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | 16.86 Mn |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | - |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | 5.38 Mn |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | 4.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |