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

Circle Internet has disclosed Operating Expenses across 3 years of filings, most recently posting $242.4 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 75.63% year-over-year to $242.4 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 145.15% YoY), while the FY2025 annual figure was $1.2 billion, up 139.85% from the prior year.
• Operating Expenses declined to $242.4 million in Q1 2026, from $253.6 million in the prior quarter.
• Over the last five years, Operating Expenses for CRCL reached as high as $576.7 million in Q2 2025 and fell as low as $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 widest YoY moves for Operating Expenses: up 338.88% in 2025, down 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.
• According to Business Quant data, Operating Expenses over the past three periods registered $242.4 million, $253.6 million, and $211.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.