Circle Internet (CRCL) Operating Income (2024 - 2026)
Circle Internet (CRCL) posted quarterly Operating Income of $45.0 million for Q1 2026, down 51.58% YoY from $92.9 million in Q1 2025, and down 18.46% sequentially from $55.2 million in Q4 2025.
Circle Internet (CRCL) Operating Income (2024 - 2026) Analysis & Trends
Circle Internet has disclosed Operating Income across 3 years of filings, most recently posting $45.0 million for Q1 2026.
- In Q1 2026, Operating Income fell 51.58% year-over-year to $45.0 million; the TTM figure through Mar 2026 stood at -$144.4 million (down 169.48% YoY), while the FY2025 annual figure was -$96.4 million, down 157.69% from the prior year.
- Operating Income eased to $45.0 million in Q1 2026, from $55.2 million in the prior quarter.
- Over the last five years, Operating Income for CRCL reached as high as $92.9 million in Q1 2025 and fell as low as -$325.6 million in Q2 2025.
- The 3-year median for Operating Income is $52.7 million (2024), against an average of $7.9 million.
- The widest YoY moves for Operating Income: up 6850.5% in 2025, down 747.98% in 2025.
- A 3-year view of Operating Income shows it stood at $794000.0 in 2024, then surged by 6850.5% to $55.2 million in 2025, then retreated by 18.46% to $45.0 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $45.0 million, $55.2 million, and $81.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 532.81 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 304.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 287.25 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 45.00 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -233.52 Mn |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 323.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.00 Mn |
| Dec 31, 2025 | 55.19 Mn |
| Sep 30, 2025 | 81.02 Mn |
| Jun 30, 2025 | -325.58 Mn |
| Mar 31, 2025 | 92.94 Mn |
| Dec 31, 2024 | 794,000.00 |
| Sep 30, 2024 | 63.80 Mn |
| Jun 30, 2024 | 50.25 Mn |