Circle Internet (CRCL) Tax Rate (2024 - 2026)
Circle Internet (CRCL) posted quarterly 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 reported Tax Rate for 3 consecutive years, with 2.47% the latest figure, recorded in 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 1449.0% YoY), while the FY2025 annual figure was 32.44%, up 329.0% from the prior year.
- Tax Rate declined 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.
- Historically, Tax Rate has averaged 13.52% across 3 years, with a median of 11.24% in 2025.
- Annual changes were most pronounced in 2025 — Tax Rate slumped 5768 bps — and 2026, when it plunged 2536 bps.
- Circle Internet's Tax Rate stood at 57.71% in 2024, then plunged by 92 bps to 4.83% in 2025, then slumped 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 | Morgan Stanley | 332.84 Bn | 172.70 Bn | - | 23.07% |
| 2 | Goldman Sachs | 312.24 Bn | -664.11 Bn | - | 22.60% |
| 3 | Schwab Charles | 194.68 Bn | 121.09 Bn | - | 23.68% |
| 4 | Robinhood Markets | 97.23 Bn | 79.84 Bn | 1.20 Bn | 19.18% |
| 5 | Interactive Brokers | 42.08 Bn | -22.23 Bn | - | 8.10% |
| 6 | LPL Financial Holdings | 28.76 Bn | 26.06 Bn | - | 26.43% |
| 7 | Tradeweb Markets | 22.74 Bn | 20.68 Bn | - | 23.50% |
| 8 | Circle Internet | 21.90 Bn | 20.17 Bn | 288.85 Mn | 7.84% |
| 9 | Futu Holdings | 17.12 Bn | 1.20 Bn | 733.58 Mn | -16.38% |
| 10 | UP Fintech Holding | 14.11 Bn | 14.11 Bn | - | 61.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.84% |
| Jun 30, 2026 | 7.84% |
| Jun 30, 2026 | 7.84% |
| Mar 31, 2026 | 2.47% |
| Mar 31, 2026 | 2.47% |
| Mar 31, 2026 | 2.47% |
| Dec 31, 2025 | 4.83% |
| Dec 31, 2025 | 4.83% |
| Dec 31, 2025 | 4.83% |
| Sep 30, 2025 | -40.04% |
| Sep 30, 2025 | -40.04% |
| Sep 30, 2025 | -40.04% |
| Jun 30, 2025 | 0.80% |
| Jun 30, 2025 | 0.80% |
| Jun 30, 2025 | 0.80% |
| Mar 31, 2025 | 27.83% |
| Mar 31, 2025 | 27.83% |
| Mar 31, 2025 | 27.83% |
| Dec 31, 2024 | 57.71% |
| Dec 31, 2024 | 57.71% |