Circle Internet (CRCL) Net Margin (2024 - 2026)
Circle Internet's (CRCL) quarterly Net Margin came in at 6.87% in Q2 2026, up 8013.0% year-over-year from 0.08% in Q2 2025, and down 13.64% quarter-over-quarter from 7.96% in Q1 2026.
Powered by 
Analysis
Circle Internet (CRCL) Net Margin (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has reported Net Margin for 3 consecutive years, with 6.87% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 8013.0% year-over-year to 6.87% in Q2 2026; TTM through Jun 2026 was 15.53%, a 3167.0% increase from a year earlier, with the FY2025 full-year figure at 2.53%, down 1182.0% from the prior year.
- Net Margin was 6.87% for Q2 2026 at Circle Internet, down from 7.96% in the prior quarter.
- Over five years, Net Margin peaked at 28.98% in Q3 2025 and troughed at 73.26% in Q2 2025.
- A 3-year average of 2.63% and a median of 7.96% in 2026 frame the typical range for Net Margin.
- Across the five-year window, Net Margin plunged 8091 bps in 2025 and surged 8013 bps in 2026, its largest moves.
- Over 3 years, Net Margin stood at 1.02% in 2024, then soared by 1600 bps to 17.31% in 2025, then tumbled by 60 bps to 6.87% in 2026.
- The last three Net Margin figures came in at 6.87% (Q2 2026), 7.96% (Q1 2026), and 17.31% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 6.87% |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | -1.00% |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | -236.89% |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | -1,197.78% |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | -53,780.27% |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | -158.48% |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | 10.76% |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | - |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | -159.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.87% |
| Mar 31, 2026 | 7.96% |
| Dec 31, 2025 | 17.31% |
| Sep 30, 2025 | 28.98% |
| Jun 30, 2025 | -73.26% |
| Mar 31, 2025 | 11.20% |
| Dec 31, 2024 | 1.02% |
| Sep 30, 2024 | 15.92% |
| Jun 30, 2024 | 7.66% |