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 🔒
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