Circle Internet Group issues the stablecoin USDC, a cryptocurrency whose value is pegged to the US dollar and backed by reserves. Revenue comes mainly from interest on these reserves. The stock has been listed since 2025. As of Oct 16, 2026
As of Oct 16, 2026Fact sheet (from the annual report)Other financial services · New York, USAfull fact sheet
Circle runs an internet financial platform whose core is a network of stablecoins. Its digital assets include the payment stablecoins USDC and EURC as well as USYC, a tokenized money market fund. Revenue comes mainly from interest income on the reserves that back the stablecoins. Through Circle Mint, institutional customers can have USDC and EURC issued, redeem them and hold them in custody. Issuance is free of charge for them, as is standard redemption with a somewhat longer period; a small fee applies for almost instant redemptions. The company, founded in 2013, is also developing its own blockchain, Arc, which is in public testing.
Our own calculation from the exchange’s daily candles, as of Oct 26, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
Double bottom · Analysis method
The price of CRCL is currently in no zone of this method. The check runs daily after the market close.
Whether a price will soon reach a zone, you see from Watcher. Plans and pricing
How the zone is formed
What is this? The price has formed two similarly deep lows and broken above the neckline between them. This is seen as a sign that the downward move is ending.
Buy zone: retest of the neckline (up to 1 ATR above it). Stop: just below the second low. Targets: height of the pattern from the neckline (1.0× and 1.618×).
The pattern is valid for at most 15 trading days and expires if the price falls below the stop. This is a calculated analysis, not a forecast and not a call to buy. Risk notice and investment advice
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Fundamental analysis
SEC filing (10-K, 10-Q)Required reports of listed companies to the US Securities and Exchange Commission (SEC): 10-K is the annual report, 10-Q the quarterly report, 20-F the annual report of foreign companies. We show the figures of the first filing.Example: 10-K for the fiscal year ending Sep 27, 2025, filed on Oct 31, 2025.More in the Academy: Lesson revenue, profit and margin
Circle Internet Group · Sector Financials · amounts in USD
Information only – does not affect our buy zones, not investment advice. Source: SEC filings, As of Mar 9, 2026.
In short
Light red: Loss in the last fiscal year.
Light yellow: Profit in 2 of 3 fiscal years.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
RevenueNet incomeNet margin (below)in USD
−1B01B2B3B
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Revenue 1.5B USD · Net income 267.6M USD · Net margin 18.4%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Revenue 1.7B USD · Net income 155.7M USD · Net margin 9.3%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 2.7B USD · Net income −69.5M USD · Net margin −2.5%
Margin
18%9%−3%
RevenueNet incomeNet margin (below)in USD
−500M0500M1B
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Revenue not available · Net income 48.6M USD · Net margin not available
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Revenue 430.0M USD · Net income 32.9M USD · Net margin 7.7%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Revenue 445.8M USD · Net income 71.0M USD · Net margin 15.9%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Revenue 435.4M USD · Net income 3.1M USD · Net margin 0.7% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Revenue 578.6M USD · Net income 64.8M USD · Net margin 11.2%
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Revenue 658.1M USD · Net income −482.1M USD · Net margin −73.3%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Revenue 739.8M USD · Net income 214.4M USD · Net margin 29.0%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Revenue 770.2M USD · Net income 133.4M USD · Net margin 17.3% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Revenue 694.1M USD · Net income 55.3M USD · Net margin 8.0%
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Revenue 701.3M USD · Net income 48.2M USD · Net margin 6.9%
Margin
8%16%1%11%−73%29%17%8%7%
Earnings per shareUSD per share
−0.5000.501.00
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Earnings per share 0.78 USD
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Earnings per share 0.30 USD
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Earnings per share −0.44 USD
Earnings per shareUSD per share
−6.00−4.00−2.0002.00
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Earnings per share not available
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Earnings per share 0.00 USD
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Earnings per share not reported separately for Q4
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Earnings per share 0.21 USD
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Earnings per share 0.18 USD
No reported values for “Dividend per share” in this interval.
No reported values for “Dividend per share” in this interval.
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 2.7B USD · Net income −69.5M USD · Net margin −2.5%
Key figures with traffic lights
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 79 symbols in the Financials sector on our list (current members of the S&P 500 and other lists).
Revenue growth
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light gray: not available
–per year, last 3 years
Sector Financials: median +9.3% (76 symbols)
What does this mean? Reported annual figures for a comparison over at least 3 fiscal years are missing (or the SEC data has not been fully loaded yet).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net income (total)
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light gray: not available
–per year, last 3 years
Sector Financials: median +12.0% (64 symbols)
per share: not available
What does this mean? Reported annual figures for a comparison over at least 3 fiscal years are missing (or the SEC data has not been fully loaded yet).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
What does this mean? Of every 100 USD in revenue there was no profit but a loss of 2.53 USD.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
Debt / equity
Debt-to-equity ratioFinancial debt (loans, bonds) divided by equity. A high value amplifies good and bad years alike. The key figures bar in the chart only uses long-term financial debt.Example: Financial debt €300m, equity €500m → 0.6.More in the Academy: Lesson debt, dividends and growth
Light gray: not available
–latest balance sheet
Sector Financials: median 0.63 (47 symbols)
What does this mean? No usable figure: reported financial debt or positive equity for the same balance sheet date is missing.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
Payout ratio
Payout ratioThe share of profit that a company pays out as a dividend. Above 100% it pays out more than it earns.Example: Dividend €1, earnings per share €2.50 → payout ratio 40%.More in the Academy: Lesson debt, dividends and growth
Light gray: none found
–Dividend / earnings per share
Sector Financials: median 34% (58 symbols)
What does this mean? The loaded SEC filings of the last two fiscal years contain no dividend per share. Either the company pays none, or it reports it under a different tag.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
Profitable years
Profitable yearsHow many of the last fiscal years ended with a profit rather than a loss on the bottom line. The figure shows how consistently a company earns.Example: Profit in 9 of 10 years → one loss year.More in the Academy: Lesson revenue, profit and margin
Light yellow: 1 loss year
2 of 3fiscal years with a profit
What does this mean? In 2 of the last 3 fiscal years the bottom line showed a profit. One year ended with a loss.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
Last fiscal year and 13F
Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
2.7B USD
Revenue vs. prior year
+63.9%
Net income (FY)
−69.5M USD
Net income vs. prior year
−144.7%
EPS (FY)
-0.44 USD
13F funds with a position
–
Funds vs. prior quarter
–
Shares held vs. prior quarter
–
Fiscal year to Dec 31, 2025 · 10-K filed Mar 9, 2026 · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term).13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
Year
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
2025
Dec 31, 2025
2.7B
−69.5M
−2.5%
−0.44
–
–
2024
Dec 31, 2024
1.7B
155.7M
9.3%
0.30
–
–
2023
Dec 31, 2023
1.5B
267.6M
18.4%
0.78
–
–
Quarters (amounts in USD, per share in USD)
Quarter
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
Q2/26
Jun 30, 2026
701.3M
48.2M
6.9%
0.18
–
–
Q1/26
Mar 31, 2026
694.1M
55.3M
8.0%
0.21
–
–
Q4/25*
Dec 31, 2025
770.2M
133.4M
17.3%
–
–
–
Q3/25
Sep 30, 2025
739.8M
214.4M
29.0%
0.64
–
–
Q2/25
Jun 30, 2025
658.1M
−482.1M
−73.3%
−4.48
–
–
Q1/25
Mar 31, 2025
578.6M
64.8M
11.2%
0.00
–
–
Q4/24*
Dec 31, 2024
435.4M
3.1M
0.7%
–
–
–
Q3/24
Sep 30, 2024
445.8M
71.0M
15.9%
0.00
–
–
Q2/24
Jun 30, 2024
430.0M
32.9M
7.7%
0.00
–
–
Q1/24
Mar 31, 2024
–
48.6M
–
–
–
–
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
Insiders
Insider transactionsExecutives, directors and major shareholders (over 10%) of US companies report their own transactions in their company’s stock to the SEC within two business days (Form 4). Purchases in the market count as more meaningful than sales (often taxes, estate planning).Example: Three executives acquire stock worth a total of 2 million USD within two weeks → “purchases by several insiders”.More in the Academy: Glossary
Insider purchases and sales on the market over 3, 6 and 12 months
Period
Purchases
Sales
Net
3 months
$00 people
$40.6M8 people
−$40.6M
6 months
$00 people
$200.9M10 people
−$200.9M
12 months
$00 people
$325.6M10 people
−$325.6M
Latest transactions
Oct 21, 2026Fox-Geen JeremyChief financial officer (CFO)Open-market sale · 10b5-1 plan15,000 shares · $1.4M · SEC
Oct 8, 2026Chandhok NikhilOfficerOpen-market sale · 10b5-1 plan26,668 shares · $2.1M · SEC
Oct 5, 2026Allaire JeremyChief executive (CEO), DirectorOpen-market sale · 10b5-1 plan36 shares · $3.1K · SEC
Oct 5, 2026Allaire JeremyChief executive (CEO), DirectorOpen-market sale · 10b5-1 plan233 shares · $19.7K · SEC
Oct 5, 2026Allaire JeremyChief executive (CEO), DirectorOpen-market sale · 10b5-1 plan895 shares · $74.8K · SEC
Oct 5, 2026Allaire JeremyChief executive (CEO), DirectorOpen-market sale · 10b5-1 plan352 shares · $29.1K · SEC
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
Trend score -25
Price vs. EMA 50-15
Price vs. EMA 200-15
EMA 50 vs. EMA 200-20
ADX (trend strength)+0
Highs and lows+10
Relative strength+15
Volatility and trend strength
ADX 14 (trend strength)14.7
Rel. strength 60 d+25.3%
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.