Circle Internet (CRCL) Share-based Compensation (2024 - 2026)

Circle Internet (CRCL) posted quarterly Share-based Compensation of $51.8 million for Q1 2026, up 307.36% YoY from $12.7 million in Q1 2025, and down 12.82% sequentially from $59.4 million in Q4 2025.

Circle Internet (CRCL) Share-based Compensation (2024 - 2026) Analysis & Trends

Circle Internet has disclosed Share-based Compensation across 3 years of filings, most recently posting $51.8 million for Q1 2026.

  • In Q1 2026, Share-based Compensation rose 307.36% year-over-year to $51.8 million; the TTM figure through Mar 2026 stood at $605.3 million (up 1035.33% YoY), while the FY2025 annual figure was $566.2 million, up 1030.09% from the prior year.
  • Share-based Compensation declined to $51.8 million in Q1 2026, from $59.4 million in the prior quarter.
  • Over the last five years, Share-based Compensation for CRCL reached as high as $435.0 million in Q2 2025 and fell as low as $11.1 million in Q4 2024.
  • The 3-year median for Share-based Compensation is $34.2 million (2024), against an average of $82.3 million.
  • Annual changes were most pronounced in 2025 — Share-based Compensation jumped 2504.79% — and 2026, when it surged 307.36%.
  • A 3-year view of Share-based Compensation shows it stood at $11.1 million in 2024, then jumped by 435.26% to $59.4 million in 2025, then retreated by 12.82% to $51.8 million in 2026.
  • According to Business Quant data, Share-based Compensation over the past three periods registered $51.8 million, $59.4 million, and $59.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Stock Comp. (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 571.00 Mn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 2.53 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 138.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 92.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 23.06 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 25.06 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 51.80 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 31.49 Mn
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 195.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 51.80 Mn
Mar 31, 2026 51.80 Mn
Dec 31, 2025 59.41 Mn
Dec 31, 2025 59.41 Mn
Sep 30, 2025 59.10 Mn
Sep 30, 2025 59.10 Mn
Jun 30, 2025 435.00 Mn
Jun 30, 2025 435.00 Mn
Mar 31, 2025 12.72 Mn
Mar 31, 2025 12.72 Mn
Dec 31, 2024 11.10 Mn
Dec 31, 2024 11.10 Mn
Sep 30, 2024 12.80 Mn
Sep 30, 2024 12.80 Mn
Jun 30, 2024 16.70 Mn
Jun 30, 2024 16.70 Mn