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

Circle Internet (CRCL) reported Share-based Compensation of $51.8 million for Q1 2026, up 307.36% year-over-year from $12.7 million in Q1 2025, and down 12.82% on a QoQ basis from $59.4 million in Q4 2025.

Circle Internet (CRCL) has 3 years of Share-based Compensation data on file, last reported at $51.8 million in Q1 2026.

  • Quarterly Share-based Compensation rose 307.36% year-over-year to $51.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $605.3 million (up 1035.33% YoY) and the FY2025 annual result came in at $566.2 million, up 1030.09% from the prior year.
  • Share-based Compensation eased to $51.8 million in Q1 2026 per CRCL's latest filing, from $59.4 million in the prior quarter.
  • Across five years, Share-based Compensation topped out at $435.0 million in Q2 2025 and bottomed at $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.
  • The widest annual swing landed in 2025, when Share-based Compensation surged 2504.79%; it then soared 307.36% in 2026.
  • Tracing CRCL's Share-based Compensation over 3 years: stood at $11.1 million in 2024, then surged by 435.26% to $59.4 million in 2025, then declined by 12.82% to $51.8 million in 2026.
  • Per Business Quant, the three latest CRCL Share-based Compensation figures stand at $51.8 million (Q1 2026), $59.4 million (Q4 2025), and $59.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 571.00 Mn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 2.53 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 138.00 Mn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 92.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 33.00 Mn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 51.80 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 23.06 Mn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 31.49 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 25.06 Mn
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn 50.87 Mn

Historic Data

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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