Circle Internet Group (CRCL) Financial Statements
Circle Internet Group financial statements at a glance
Circle Internet Group reported revenue of $2.75 billion for fiscal year 2025 (ended December 31, 2025), up 63.9% from fiscal year 2024. Net income was -$69.51 million, a net margin of 2.5% loss, and diluted earnings per share were -$0.44.
At the end of fiscal year 2025 it had total assets of $78.71 billion, total liabilities of $75.38 billion and shareholders' equity of $3.33 billion, with cash and short-term investments of $1.53 billion and total debt of $36.82 million.
Its operations brought in $542.13 million of cash; capital spending was $56.20 million, leaving free cash flow of $485.93 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Circle Internet Group
Income Statement
Annual • USD
Circle Internet Group key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $2.7B | $1.7B | $1.5B | $772.1M | $84.9M |
| Gross profit | $238.1M | $395.5M | $426.7M | $249.7M | -$25.9M |
| Operating income | -$91.1M | $162.9M | $234.4M | $63.5M | -$80.1M |
| Net income | -$69.5M | $18.1M | $44.9M | -$768.8M | -$508.2M |
| Diluted EPS | -$0.44 | $0.73 | $227.10 | -$3888.01 | -$2569.97 |
| Total assets | $78.7B | $45.8B | $26.0B | – | $43.9B |
| Total liabilities | $75.4B | $45.3B | $25.7B | – | $44.7B |
| Shareholders' equity | $3.3B | $570.5M | $339.5M | – | -$768.4M |
| Cash and short-term investments | $1.5B | $765.3M | $520.8M | – | $161.6M |
| Total debt | $36.8M | $40.7M | $58.5M | – | $928.2M |
| Operating cash flow | $542.1M | $344.6M | $139.6M | -$72.7M | -$92.3M |
| Capital spending | $56.2M | $39.1M | $32.9M | $18.3M | $7.9M |
| Free cash flow | $485.9M | $305.5M | $106.7M | -$91.0M | -$100.2M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Circle Internet Group's revenue in fiscal year 2025?
$2.75 billion, up 63.9% from $1.68 billion in fiscal year 2024.
How much profit does Circle Internet Group make?
Circle Internet Group reported net income of -$69.51 million for fiscal year 2025 (2.5% of revenue); operating income was -$91.14 million.
How much cash and debt does Circle Internet Group have?
At the end of fiscal year 2025: cash and short-term investments of $1.53 billion and total debt of $36.82 million.
What is Circle Internet Group's free cash flow?
$485.93 million in fiscal year 2025 (operating cash flow of $542.13 million minus capital spending of $56.20 million).
