Circle Internet (CRCL) Share-based Compensation (2024 - 2026)
Circle Internet's Share-based Compensation came in at $43.1 million for Q3 2026, down 27.1% from $59.1 million a year earlier and down 19.6% from the prior quarter.
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Analysis
Circle Internet (CRCL) Share-based Compensation (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Circle Internet reported Share-based Compensation of $207.94 million, down 59.9% year-over-year; for FY2025, it came in at $566.2 million.
- Going back by year, Share-based Compensation was $50.13 million in FY2024 (-53.6%) and $108 million in FY2023.
- The Q3 2026 figure represents the lowest quarterly Share-based Compensation since Q1 2025.
- Year-over-year, Share-based Compensation increased in three of the last five quarters, with growth averaging 197.6%.
- Business Quant data shows CRCL's Share-based Compensation at $53.6 million (Q2 2026), $51.84 million (Q1 2026) and $59.4 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 113.65 Bn | 101.99 Bn | 359.20 Mn | 24.10 Mn |
| 2 | Bank of New York Mellon | 103.23 Bn | 37.32 Bn | - | - |
| 3 | Intercontinental Exchange | 99.60 Bn | 93.42 Bn | 1.22 Bn | 71.00 Mn |
| 4 | Robinhood Markets | 70.15 Bn | 49.76 Bn | - | 80.00 Mn |
| 5 | Nasdaq | 60.57 Bn | 58.01 Bn | 1.48 Bn | 47.00 Mn |
| 6 | State Street | 47.32 Bn | 43.94 Bn | - | - |
| 7 | Cboe Global Markets | 39.19 Bn | 29.68 Bn | 712.20 Mn | 15.00 Mn |
| 8 | Interactive Brokers | 37.06 Bn | 20.72 Bn | - | 31.00 Mn |
| 9 | Northern Trust | 32.28 Bn | 32.28 Bn | - | - |
| 10 | Circle Internet | 15.74 Bn | 9.27 Bn | 453.25 Mn | 43.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 43.10 Mn |
| Jun 30, 2026 | 53.60 Mn |
| Mar 31, 2026 | 51.84 Mn |
| Dec 31, 2025 | 59.40 Mn |
| Sep 30, 2025 | 59.10 Mn |
| Jun 30, 2025 | 435.00 Mn |
| Mar 31, 2025 | 12.72 Mn |
| Dec 31, 2024 | 11.13 Mn |
| Sep 30, 2024 | 12.80 Mn |
| Jun 30, 2024 | 16.70 Mn |
API Access
Circle Internet Share-based Compensation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=share-based-compensation&ticker=CRCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "ticker": "CRCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=share-based-compensation&ticker=CRCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();