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

Circle Internet (CRCL) posted quarterly Tax Rate of 2.47% for Q1 2026, down 2536.0% YoY from 0.1% in Q1 2025, and down 48.9% sequentially from 4.83% in Q4 2025.

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

Circle Internet has disclosed Tax Rate across 3 years of filings, most recently posting 2.47% for Q1 2026.

  • In Q1 2026, Tax Rate fell 2536.0% year-over-year to 2.47%; the TTM figure through Mar 2026 stood at 41.92% (up 1451.0% YoY), while the FY2025 annual figure was 32.44%, up 329.0% from the prior year.
  • Tax Rate eased to 2.47% in Q1 2026, from 4.83% in the prior quarter.
  • Over the last five years, Tax Rate for CRCL reached as high as 57.71% in Q4 2024 and fell as low as 40.04% in Q3 2025.
  • The 3-year median for Tax Rate is 11.24% (2025), against an average of 13.51%.
  • Annual changes were most pronounced in 2025 — Tax Rate plunged 5768 bps — and 2026, when it slumped 2536 bps.
  • A 3-year view of Tax Rate shows it 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.
  • According to Business Quant data, Tax Rate over the past three periods registered 2.47%, 4.83%, and 40.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 13.20%
3 Schwab Charles 167.21 Bn 122.24 Bn - 22.24%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -16.38%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 15.82%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 26.45%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 23.03%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 2.47%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.46%
10 Evercore 13.30 Bn 11.58 Bn 1.38 Bn 2.73%

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%