Circle Internet (CRCL) Tax Rate (2024 - 2026)
Circle Internet (CRCL) recorded Tax Rate of 7.84% in Q2 2026, up 7.04 percentage points from 0.80% a year earlier and up 5.30 percentage points from the prior quarter.
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Analysis
Circle Internet (CRCL) Tax Rate (2024 - 2026) Analysis & Trends
On a TTM basis, Circle Internet's Tax Rate came in at -12.17% as of Jun 30, 2026, up 1.94 percentage points year-over-year; for FY2025, it came in at 32.44%, up 3.29 percentage points from FY2024.
- Across earlier years, Tax Rate came in at 29.15% in FY2024 (+14.29 pp) and 14.86% in FY2023.
- The Q2 2026 figure is the highest quarterly Tax Rate since Q1 2025.
- On a year-over-year basis, Tax Rate rose in 1 of the last five quarters, with an average year-over-year change of -32.89 percentage points.
- Per Business Quant, the preceding three quarters came in at 2.54% (Q1 2026), 4.87% (Q4 2025) and -40.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 21.53% |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 24.24% |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | 19.18% |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 22.36% |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | 8.10% |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 28.62% |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | 26.43% |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 23.50% |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 7.84% |
| 10 | Xp | 15.94 Bn | -5.89 Bn | 105.39 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.84% |
| Mar 31, 2026 | 2.54% |
| Dec 31, 2025 | 4.87% |
| Mar 31, 2025 | 27.88% |
| Dec 31, 2024 | 57.24% |
| Sep 30, 2024 | 17.64% |
| Jun 30, 2024 | 36.89% |
API Access
Circle Internet Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CRCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CRCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CRCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();