Circle Internet (CRCL) Net Margin (2024 - 2026)
Circle Internet (CRCL) posted quarterly Net Margin of 132.82% for Q1 2026, up 12161.0% year-over-year from N/an in Q1 2025, and up 2561.85% quarter-over-quarter from 4.99% in Q4 2025.
Circle Internet (CRCL) Net Margin (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has reported Net Margin for 3 consecutive years, with 132.82% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 12161.0% year-over-year to 132.82%; the TTM figure through Mar 2026 stood at 2.86% (down 3228.0% YoY), while the FY2024 annual figure was 8.73%, up 1135.0% from the prior year.
- Net Margin climbed to 132.82% in Q1 2026 per CRCL's latest filing, from 4.99% in the prior quarter.
- Across five years, Net Margin topped out at 12973.31% in Q3 2024 and bottomed at 2025.3% in Q2 2025.
- Historically, Net Margin has averaged 1564.75% across 3 years, with a median of 157.74% in 2024.
- Annual changes were most pronounced in 2025 — Net Margin slumped 1222153 bps — and 2026, when it surged 12161 bps.
- Circle Internet's Net Margin stood at 182.67% in 2024, then tumbled by 97 bps to 4.99% in 2025, then surged by 2562 bps to 132.82% in 2026.
- Business Quant data shows CRCL's Net Margin at 132.82% in Q1 2026, 4.99% in Q4 2025, and 751.77% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 25.46% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 31.46% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 37.91% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 42.89% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 16.46% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 7.31% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 36.98% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 6.87% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 52.66% |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | -17.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.87% |
| Mar 31, 2026 | 132.82% |
| Dec 31, 2025 | 4.99% |
| Sep 30, 2025 | 751.77% |
| Jun 30, 2025 | -2,025.30% |
| Mar 31, 2025 | 11.21% |
| Dec 31, 2024 | 182.67% |
| Sep 30, 2024 | 12,973.31% |
| Jun 30, 2024 | 486.52% |