Circle Internet (CRCL) Tax Rate (2024 - 2026)

Circle Internet (CRCL) reported Tax Rate of 2.47% for Q1 2026, down 2536.0% year-over-year from 0.1% in Q1 2025, and down 48.9% quarter-over-quarter from 4.83% in Q4 2025.

Circle Internet (CRCL) Tax Rate (2024 - 2026) Analysis & Trends

Circle Internet (CRCL) has 3 years of Tax Rate data on file, last reported at 2.47% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 2.47%, down 2536.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 41.92% (up 1451.0% YoY), and the FY2025 annual result was 32.44%, up 329.0% from the prior year.
  • Tax Rate retreated to 2.47% in Q1 2026 per CRCL's latest filing, from 4.83% in the prior quarter.
  • Over five years, Tax Rate peaked at 57.71% in Q4 2024 and troughed at 40.04% in Q3 2025.
  • A 3-year average of 13.51% and a median of 11.24% in 2025 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2025 and 2026: Tax Rate slumped 5768 bps in 2025, then plunged 2536 bps in 2026.
  • A 3-year view of Tax Rate shows it stood at 57.71% in 2024, then tumbled by 92 bps to 4.83% in 2025, then sank by 49 bps to 2.47% in 2026.
  • Business Quant data shows CRCL's Tax Rate at 2.47% in Q1 2026, 4.83% in Q4 2025, and 40.04% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 19.58
3 Goldman Sachs 333.85 Bn -603.70 Bn - 13.20
4 Schwab Charles 160.31 Bn 115.33 Bn - 22.24
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 15.82
6 Interactive Brokers 42.79 Bn 53.38 Bn - 9.08
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 26.45
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 23.03
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 2.46
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 2.47

Historic Data

Download Data
DateValue
Mar 31, 2026 2.47%
Mar 31, 2026 2.47%
Dec 31, 2025 4.83%
Dec 31, 2025 4.83%
Sep 30, 2025 -40.04%
Sep 30, 2025 -40.04%
Jun 30, 2025 0.80%
Jun 30, 2025 0.80%
Mar 31, 2025 27.83%
Mar 31, 2025 27.83%
Dec 31, 2024 57.71%
Dec 31, 2024 57.71%
Sep 30, 2024 17.64%
Sep 30, 2024 17.64%
Jun 30, 2024 36.80%
Jun 30, 2024 36.80%