Circle Internet Group, Inc.
CRCL NYSE· Finance Services
Last close · Oct 23, 2026
$85.91
KIRA · Stoqly’s AI analyst, in plain words
- Circle Internet Group, Inc. had $2.7B of revenue in fiscal 2025, up 63.9% on the year before.
- Its operating margin was −3.5%, down 13.5 pts: of every 100 in sales, about −4 is left after running the business.
- Circle Internet Group, Inc. lost $69.5M in fiscal 2025.
- Free cash flow was $530M in fiscal 2025, 19.3% of revenue.
- Circle Internet Group, Inc. returned $0.0M to shareholders in fiscal 2025, 0% of free cash flow. The diluted share count rose 117.3%.
Market cap
$23.1B
P/E
19.4x
Revenue
$2.7B
Net income
−$69.5M
Free cash flow
$530M
Operating margin
−3.5%
Circle Internet Group, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+63.9%
Yes. Sales grew 63.9% last year.
Does it make a profit?
−2.5%
No. It lost money last year.
Does profit turn into cash?
19.3%
Yes. 19.3% of sales ends up as free cash.
How healthy are the accounts?
3 / 7
Weak. It passes 3 of 7 health tests.
How is the share priced?
19.4x
One share costs 19.4 times its yearly profit per share.
What Circle Internet Group, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 9, 2026
- Legal name
- Circle Internet Group, Inc.
- CIK
- 0001876042
Circle Internet Group, Inc. · CRCL
Results and finances
The last 3 fiscal years. Amounts in USD.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Sales and profit | |||
| Revenue | $1.5B | $1.7B | $2.7B |
| Revenue growth | — | 15.6% | 63.9% |
| Operating margin | 18.6% | 10.0% | −3.5% |
| Net income | $268M | $156M | −$69.5M |
| Net margin | 18.4% | 9.3% | −2.5% |
| Diluted EPS | $0.78 | $0.30 | −$0.44 |
| Cash | |||
| Cash from operations | $140M | $345M | $542M |
| Capital expenditure | $0.7M | $18.1M | $12.4M |
| Free cash flow | $139M | $326M | $530M |
| FCF margin | 9.6% | 19.5% | 19.3% |
| Share buybacks | $8.7M | $0.0M | $0.0M |
| Share count change | — | 8.1% | 117.3% |
| Debt and strength | |||
| Cash and short-term investments | $369M | $751M | $1.5B |
| Shareholders' equity | $339M | $571M | $3.3B |
| Current ratio | — | 1.0x | 1.0x |
| Interest coverage | 141.0x | 87.7x | −78.7x |
| Returns and quality | |||
| Return on equity | 78.8% | 34.2% | −3.6% |
| Return on tangible equity | 26.4% | 26.0% | −2.6% |
| Piotroski F-score | — | — | 3 |
| Altman Z'' | — | 0.1 | 0.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$324M
10 insiders
Of sales under plans
79%
$257M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Circle Internet Group, Inc. · CRCL
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $85.91 a share, the company is worth $23.1B: 19.4 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001876042). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.