Circle Internet (CRCL) Tax Provisions (2024 - 2026)
Circle Internet (CRCL) posted quarterly Tax Provisions of $1.4 million for Q1 2026, down 94.4% YoY from $25.0 million in Q1 2025, and down 79.34% sequentially from $6.8 million in Q4 2025.
Circle Internet (CRCL) Tax Provisions (2024 - 2026) Analysis & Trends
Circle Internet has disclosed Tax Provisions across 3 years of filings, most recently posting $1.4 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 94.4% year-over-year to $1.4 million; the TTM figure through Mar 2026 stood at -$57.0 million (down 187.22% YoY), while the FY2025 annual figure was -$33.4 million, down 151.68% from the prior year.
- Tax Provisions eased to $1.4 million in Q1 2026, from $6.8 million in the prior quarter.
- Over the last five years, Tax Provisions for CRCL reached as high as $25.0 million in Q1 2025 and fell as low as -$61.3 million in Q3 2025.
- The 3-year median for Tax Provisions is $6.4 million (2024), against an average of $1.0 million.
- The widest YoY moves for Tax Provisions: up 13.25% in 2025, down 503.29% in 2025.
- A 3-year view of Tax Provisions shows it stood at $6.0 million in 2024, then rose by 13.25% to $6.8 million in 2025, then slumped by 79.34% to $1.4 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $1.4 million, $6.8 million, and -$61.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.37 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 856.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 709.00 Mn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -84.25 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 65.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 128.18 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 69.76 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 1.40 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -6.26 Mn |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 9.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.40 Mn |
| Dec 31, 2025 | 6.78 Mn |
| Sep 30, 2025 | -61.30 Mn |
| Jun 30, 2025 | -3.90 Mn |
| Mar 31, 2025 | 25.00 Mn |
| Dec 31, 2024 | 5.98 Mn |
| Sep 30, 2024 | 15.20 Mn |
| Jun 30, 2024 | 19.20 Mn |