Circle Internet (CRCL) Net Margin (2024 - 2026)
Circle Internet (CRCL) reported Net Margin of 132.82% for Q1 2026, up 12161.0% year-over-year from N/an in Q1 2025, and up 666.83% quarter-over-quarter from 17.32% in Q4 2025.
Circle Internet (CRCL) Net Margin (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has 3 years of Net Margin data on file, last reported at 132.82% in Q1 2026.
- Net Margin for Q1 2026 came in at 132.82%, up 12161.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.58% (up 7638.0% YoY), and the FY2024 annual result was 8.73%, down 845.0% from the prior year.
- Net Margin rose to 132.82% in Q1 2026 per CRCL's latest filing, from 17.32% in the prior quarter.
- Over five years, Net Margin peaked at 12973.31% in Q3 2024 and troughed at 73.26% in Q2 2025.
- A 3-year average of 1637.21% and a median of 14.26% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2025 and 2026: Net Margin tumbled 1294433 bps in 2025, then surged 12161 bps in 2026.
- A 3-year view of Net Margin shows it stood at 0.36% in 2024, then jumped by 4943 bps to 17.32% in 2025, then soared by 667 bps to 132.82% in 2026.
- Business Quant data shows CRCL's Net Margin at 132.82% in Q1 2026, 17.32% in Q4 2025, and 28.98% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 26.29% |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 31.36% |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 36.98% |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 32.80% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 16.00% |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 7.22% |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 37.74% |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -171.16% |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 132.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 132.82% |
| Dec 31, 2025 | 17.32% |
| Sep 30, 2025 | 28.98% |
| Jun 30, 2025 | -73.26% |
| Mar 31, 2025 | 11.21% |
| Dec 31, 2024 | -0.36% |
| Sep 30, 2024 | 12,973.31% |
| Jun 30, 2024 | 7.67% |