Skip to main content
Equibles
CRCL logo

CRCL · Circle Internet Group, Inc.

Track CRCL — free

Use CRCL with AI

Add company filings, earnings and prices to ChatGPT or Claude, then ask questions in your own chat.

Choose your app for step-by-step connection instructions. Sign in with Equibles when asked; no code or API key is needed.

Claude ChatGPT

After connecting, ask your AI to use Equibles to research CRCL.

Other apps & server URL
https://mcp.equibles.com/mcp
Gemini CLI setup
or ask here

Free, nothing to set up — ALVIS runs on the same tools and cites every figure.

See what you can ask in ChatGPT or Claude

All connection guides →
$62.20 -1.62 (-2.54%) At close · Nov 13
Russell 1000 member Rebalance outlook locked
Market Cap
$15.96B
Shares
256.55M
Volume · Nov 13 8.01M Avg daily vol (3M) 12.64M

Price & Indicators

Drag to pan · scroll to zoom
Indicators
Price
Panels
Event markers
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$62.20 Open$63.05 Day$60.56–63.83 52W close$50.23–132.84 Avg vol 30d9.9M Short int26.2M · 10.2% of shares · 2.7d Short vol61% Last earningsNov 4, 2026 DataJun 2025–Nov 2026 Filing10-Q · Nov 4

Up next

Next earnings call
Feb 24, 2027 Est · unconfirmed · in 14 wks
Q2 2026 earnings call transcript
call held Aug 5, 2026
Play latest call

Latest documents

2026
Nov 4
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Third-quarter revenue rises 17%, Adjusted EBITDA grows 90%

Circle Internet Group reported revenue and reserve income of $865 million, up 17%, and Adjusted EBITDA of $317 million, up 90%, while average USDC in circulation rose 8% to $73.3 billion.

Revenue $864.89M ▲ 16.9% Net income $226.02M ▲ 5.4% Diluted EPS $0.84 ▲ 31.3%
Read from the MD&A section
6 source passages
In the third quarter of 2026, we continued building the infrastructure for an open, programmable internet financial system by scaling adoption of USDC and expanding our platform across product and network milestones. During the third quarter of 2026 (compared to the third quarter of 2025): •Average USDC in circulation of $73.3 billion increased 8% year-over-year; USDC onchain transaction volume grew 49% to $13.9 trillion. •Total revenue and reserve income grew 17% to $865 million. •Adjusted EBITDA grew 90% to $317 million. Our business model is driven by the growth of our platform, including the use and continued utility of Circle Digital Assets. Open the document at this passage
Nov 4
Current report 8-K
Revenue grows 17%, adjusted EBITDA grows 85%

Circle Internet Group reported third-quarter 2026 results: total revenue and reserve income of $865 million grew 17% year-over-year, average USDC in circulation of $73.3 billion grew 8%, and adjusted EBITDA of $317 million grew 85%.

Financial results
4 source passages
NEW YORK – November 4, 2026 — Circle Internet Group, Inc. (NYSE: CRCL) today announced results for the third quarter of fiscal year 2026. Average USDC in circulation of $73.3 billion increased 8% year-over-year; USDC onchain transaction volume in Q3’26 of $13.9 trillion grew 49% year-over-year. Total revenue and reserve income in Q3’26 of $865 million grew 17% year-over-year. Adjusted EBITDA in Q3’26 of $317 million grew 85% year-over-year. Open the document at this passage
Sep 22
Current report 8-K Events of Sep 17
Other events

Circle Internet Group, Inc. expanded its Binance partnership to promote USDC, with a term of five years and a monthly percentage-based incentive fee, and sold Binance 1,237,011 Class A shares at $80.84 per share for $100 million on September 17, 2026.

All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$3.03B
Trailing 12 months
Net income (TTM)
$462.91M
Trailing 12 months
Revenue growth YoY
+16.9%
Year over year
Operating margin
11.3%
Trailing 12 months
P / E (TTM)
13.4
Trailing earnings · reciprocal yield 7.4%
FCF yield
4.6%
TTM · current market cap
Return on invested capital
15.4%
Trailing 12 months
Net cash
$1.70B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+0.4%
Year over year · more shares
Price change (1Y)
-24.5%
Trailing year
Short interest
10.2%
Latest settlement · 2.7 days to cover
View all 125 metrics

Quarterly results

Revenue Net income Net loss
· $445.76M $71.00M '24 Q3 · $578.57M $64.79M '25 Q1 ▲53% $658.08M −$482.10M '25 Q2 ▲66% $739.76M $214.38M '25 Q3 · $770.23M $133.42M '25 Q4* ▲20% $694.13M $55.25M '26 Q1 ▲6.6% $701.32M $48.22M '26 Q2 LATEST ▲16.9% $864.89M $226.02M '26 Q3

* Q4 derived as the full year minus Q1 to Q3.

AI Brief

Q2 FY26 earnings call · Aug 5, 2026
Q2 FY26

TL;DR. Circle (CRCL) reported Q2 FY2026 total revenue and reserve income of $701M (+7% YoY) and USDC circulation of $73.3B (+19% YoY), raised its FY2026 Other Revenue guidance to $310–$330M (from $150–$170M) and RLDC margin guidance to 41.7%–43.7% (from 38%–40%), confirmed the Arc mainnet launch for September 16, 2026 with major financial institutions as validators, and renewed its Coinbase distribution agreement on existing terms.

Bullish
  • + Raised FY2026 Other Revenue guidance to $310–$330M from $150–$170M on Arc momentum.
  • + Raised FY2026 RLDC margin guidance to 41.7%–43.7% from 38%–40% following Arc presale.
  • + Renewed Coinbase distribution agreement on existing terms, keeping USDC central across Coinbase products.
  • + USDC in circulation grew 19% YoY to $73.3B despite digital asset market weakness.
Bearish
  • − Reserve Return Rate declined 66 bps YoY to 3.48%, pressuring revenue.
  • − Broader digital asset markets declined ~40% YoY, weighing on on-chain transaction volume versus Q1.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Strong Sell Momentum Very Weak Sentiment Bullish Fundamentals Strong Quant / Vol Very High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Strong Sell
50 / 200-day cross No cross
Price vs 200-day avg −28%
below
Price vs 50-day avg −25%
below
RSI (14) 32
neutral
MACD trend Negative
52-week position 14%
near low
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Weak
1-month return −24%
trailing
6-month return −40%
trailing
YTD return −22%
this year
Relative strength −41%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $83 › 200d $86 — 200d above 50d
Institutional flow Accumulating
550 of 579 funds reported for Sep 30 · net +12.8M sh shares · +109 new
Insider flow Distributing
Net -$97.1K over 90 days · 100% sells
Short interest Falling
10.22% of shares out · ▼ -5.5% MoM · 2.7 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
579 holders — near 1-yr high, broad support
Squeeze score 58
elevated · 0–100
Fundamentals
Strong
Revenue growth +64%
Y/Y
EPS growth −247%
Y/Y
Free cash flow $529.7M
Valuation P/E 30.2
rich
Balance sheet $1.5B
net cash
Quant / Vol
risk profile
Very High
Volatility 95%
annualized · 1-yr
Max drawdown −55%
past year
ATR 8.2%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the Earnings Call filed Aug 5, 2026
2026
Other revenue Raised $310M – $330M
May 11, 2026 $150M – $170M changed to Aug 5, 2026 $310M – $330M
full year
Adjusted operating expenses Non-GAAP $570M – $585M
Previous outlook earlier release · from the 8-K filed May 11, 2026

Still-open targets the latest release did not restate under the same label.

USDC in Circulation · Multi-year through cycle 40%
Adjusted Operating Expenses · FY 2026 $570M – $585M

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Strong Sell
4 · 3 · 0
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−28% Bearish
Price vs 50-day avg
−25% Bearish
RSI (14)
32 Neutral
MACD trend
Negative Bearish
52-week position
14% Bearish
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross) No cross
50d $83 › 200d $86 — 200d above 50d
Institutional flow Accumulating
550 of 579 funds reported for Sep 30 · net +12.8M sh shares · +109 new
Insider flow Distributing
Net -$97.1K over 90 days · 100% sells
Short interest Falling
10.22% of shares out · ▼ -5.5% MoM · 2.7 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
579 holders — near 1-yr high, broad support
Price context
position in its 52-week range
Range low $50 Now $62 · 14% Range high $133
vs 200-day avg -28% vs 50-day avg -25%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Adjusted EBITDA non-GAAP $143M Q2 2026 —
Adjusted EBITDA Margin non-GAAP 50% Q2 2026 —
Adjusted Operating Expenses non-GAAP $146M Q2 2026 —
GAAP → non-GAAP reconciliation
GAAP Operating expenses 254.49M
-61.24M Stock-based compensation expense and related payroll taxes
-29.9M Depreciation and amortization expenses
+698K Digital assets losses (gains)
-5.41M Charitable contributions to Circle Foundation
-10.34M Legal expenses
-1.92M Acquisition-related costs
= Adjusted Operating Expenses 146.38M
CPN annualized transaction volume $14.7B trailing 30 days as of the end of Q2 —
Financial institutions enrolled in CPN 175 end of Q2 2026 —
Meaningful Wallets, end of period 7M Q2 2026 —
Reserve Return Rate 3.5% Q2 2026 —
Revenue Less Distribution Costs $289M Q2 2026 —
RLDC Margin 41% Q2 2026 —
Stablecoin Market Share, end of period 27% Q2 2026 —
USDC in circulation, average of period $76.5B Q2 2026 —
USDC in circulation, end of period $73.3B Q2 2026 —
USDC Minted $83B Q2 2026 —
USDC on Platform, daily weighted average percentage 19.5% Q2 2026 —
USDC on Platform, end of period $12.4B Q2 2026 —
USDC onchain transaction volume $14.8T Q2'26 —
USDC Redeemed $87B Q2 2026 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Capital Markets — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
CRCL
Circle Internet Group, Inc.
this stock
$15.96B -21.6% +63.9% 30.2 10.2%
MS
Morgan Stanley
 $297.99B +7.4% +5.5% 15.1 1.0%
GS
Goldman Sachs Group Inc
 $264.37B +4.3% +8.9% 13.2 2.2%
SCHW
Schwab Charles Corp
 $160.48B -6.9% +22.0% 15.9 1.1%
HOOD
Robinhood Markets, Inc.
 $70.11B -31.2% +51.6% 36.1 3.9%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
633
% held
73.0%
Reported
550 of 579
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
317
View
Short & Settlement
Short Interest Falling
Shares short
26.2M
Days to cover
2.7d
Change
-1.5M sh
View
Short Volume
Short vol %
61%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
72.1K
Value
$6.0M
As of
Oct 13, 2026
View
Off-Exchange
Off-exchange %
46.5%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$97.1K
Buyers / Sellers
0 / 1
Buyers Sellers
View
Congressional Trades Buy
Member
Rob Bresnahan
Amount
$1.0K–$15.0K
Traded
Jun 24, 2025
View
Financials
Financials
Revenue (FY)
$2.7B
Net income (FY)
$-69.5M
EPS diluted
$-0.44
View
Buybacks
Authorized
shares 240.0K
View
Filings
SEC Filings
Latest
8-K
Filed
Nov 4, 2026
This year
21

Circle Internet Group reported third-quarter 2026 results: total revenue and reserve income of $865 million grew 17% year-over-year, average USDC in circulation of $73.3 billion grew 8%, and adjusted EBITDA of $317 million grew 85%.

View
Proposed Sales
Value
$97.1K
Shares
1.5K
Filed
Nov 12, 2026
View
Exempt Offerings
Offering
$20.3M
Filed
Jul 8, 2026
View
Earnings & Events
Webcasts
Last webcast
Nov 4, 2026
View
Investor Relations
Latest news
Global Citizen and Circle Partner…
Published
Nov 10, 2026
View

Performance

5D 20D 120D MTD YTD
CRCL -8.4% -24.4% -40.3% -14.3% -21.6%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY -11.0% -23.2% -40.8% -14.1% -32.2%

Capital returns

Buyback program · as of Sep 30, 2023
Authorized
shares 240,000
Spent (derived)
—
Remaining
—

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1876042 CUSIP 172573107 13F (30d) 476 filings 447 filers Visit website Investor relations