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| 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% |