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Circle Internet (CRCL) Operating Expenses (2024 - 2026)

Circle Internet has reported Operating Expenses over the past 3 years, most recently at $242.4 million for Q1 2026.

  • Quarterly Operating Expenses rose 75.63% to $242.4 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $1.3 billion through Mar 2026, up 145.15% year-over-year, with the annual reading at $1.2 billion for FY2025, 139.85% up from the prior year.
  • Operating Expenses was $242.4 million for Q1 2026 at Circle Internet, down from $253.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $576.7 million in Q2 2025 and troughed at $124.3 million in Q3 2024.
  • The 3-year median for Operating Expenses is $174.6 million (2025), against an average of $225.9 million.
  • The largest YoY upside for Operating Expenses was 338.88% in 2025 against a maximum downside of 69.91% in 2025.
  • A 3-year view of Operating Expenses shows it stood at $130.0 million in 2024, then surged by 95.03% to $253.6 million in 2025, then decreased by 4.43% to $242.4 million in 2026.
  • Per Business Quant, the three most recent readings for CRCL's Operating Expenses are $242.4 million (Q1 2026), $253.6 million (Q4 2025), and $211.1 million (Q3 2025).