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% on a QoQ basis from 4.83% in Q4 2025.
Circle Internet (CRCL) has 3 years of Tax Rate data on file, last reported at 2.47% in Q1 2026.
- Quarterly Tax Rate fell 2536.0% year-over-year to 2.47% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 41.92% (up 1451.0% YoY) and the FY2025 annual result came in at 32.44%, up 329.0% from the prior year.
- Tax Rate slipped to 2.47% in Q1 2026 per CRCL's latest filing, from 4.83% in the prior quarter.
- Across five years, Tax Rate topped out at 57.71% in Q4 2024 and bottomed at 40.04% in Q3 2025.
- The 3-year median for Tax Rate is 11.24% (2025), against an average of 13.51%.
- The widest annual swing landed in 2025, when Tax Rate plunged 5768 bps; it then slumped 2536 bps in 2026.
- Tracing CRCL's Tax Rate over 3 years: stood at 57.71% in 2024, then sank by 92 bps to 4.83% in 2025, then tumbled by 49 bps to 2.47% in 2026.
- Per Business Quant, the three latest CRCL Tax Rate figures stand at 2.47% (Q1 2026), 4.83% (Q4 2025), and 40.04% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 19.58 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 13.20 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 22.24 |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 15.82 |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 9.08 |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 2.47 |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 26.45 |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 2.46 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 23.03 |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | 16.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |