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% quarter-over-quarter from 4.83% in Q4 2025.
Circle Internet (CRCL) Tax Rate (2024 - 2026) Analysis & Trends
Circle Internet (CRCL) has 3 years of Tax Rate data on file, last reported at 2.47% in Q1 2026.
- Tax Rate for Q1 2026 came in at 2.47%, down 2536.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 41.92% (up 1451.0% YoY), and the FY2025 annual result was 32.44%, up 329.0% from the prior year.
- Tax Rate retreated to 2.47% in Q1 2026 per CRCL's latest filing, from 4.83% in the prior quarter.
- Over five years, Tax Rate peaked at 57.71% in Q4 2024 and troughed at 40.04% in Q3 2025.
- A 3-year average of 13.51% and a median of 11.24% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2025 and 2026: Tax Rate slumped 5768 bps in 2025, then plunged 2536 bps in 2026.
- A 3-year view of Tax Rate shows it stood at 57.71% in 2024, then tumbled by 92 bps to 4.83% in 2025, then sank 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 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 19.58 |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 13.20 |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 22.24 |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 15.82 |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 9.08 |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 26.45 |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 23.03 |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 2.46 |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 2.47 |
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% |