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

Circle Internet (CRCL) has 3 years of Operating Expenses data on file, last reported at $242.4 million in Q1 2026.

• Quarterly Operating Expenses rose 75.63% year-over-year to $242.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 145.15% YoY) and the FY2025 annual result came in at $1.2 billion, up 139.85% from the prior year.
• Operating Expenses eased to $242.4 million in Q1 2026 per CRCL's latest filing, from $253.6 million in the prior quarter.
• Across five years, Operating Expenses topped out at $576.7 million in Q2 2025 and bottomed 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.
• Peak annual rise in Operating Expenses reached 338.88% in 2025, while the deepest fall reached 69.91% in 2025.
• Tracing CRCL's Operating Expenses over 3 years: stood at $130.0 million in 2024, then soared by 95.03% to $253.6 million in 2025, then fell by 4.43% to $242.4 million in 2026.
• Per Business Quant, the three latest CRCL Operating Expenses figures stand at $242.4 million (Q1 2026), $253.6 million (Q4 2025), and $211.1 million (Q3 2025).

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