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
DateValue
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