profit from every $100 of sales.

Circle Internet Group
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Circle Internet Group sold, what it kept, and what it did with the cash.
Sales went from $772 million in 2022 to $2.75 billion in 2025, with -$69.5 million of profit last year.
Circle Internet Group vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Circle Internet Group | No profit yet | ||
Raymond James Financial | 15.2× · Fair price | ||
Tradeweb Markets | 35.0× · Expensive | ||
Nomura Holdings | 13.3× · Cheap | ||
LPL Financial Holdings | 26.4× · Fair price |
AI analysis
An AI analyst reads Circle Internet Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 772 | 1,450 | 1,676 | 2,747 | |
| 250 | 427 | 395 | 238 | |
| 64 | 234 | 163 | -91 | |
| -743 | 356 | 274 | -25 | |
| -769 | 268 | 156 | -70 | |
| -3.89 | 0.23 | 0.08 | -0.44 | |
| 32.3% | 29.4% | 23.6% | 8.7% | |
| 8.2% | 16.2% | 9.7% | -3.3% | |
| -99.6% | 18.4% | 9.3% | -2.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | – | 25,997 | 45,834 | 78,713 |
| Cash | – | 369 | 751 | 1,526 |
| Total debt | – | 58 | 41 | 37 |
| Total liabilities | – | 25,657 | 45,264 | 75,382 |
| – | 339 | 571 | 3,329 | |
| 215 | 215 | 223 | 159 | |
| – | 63.7% | 28.9% | -2.4% | |
| – | 78.8% | 27.3% | -2.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -73 | 140 | 345 | 542 | |
| 18 | 33 | 39 | 56 | |
| -91 | 107 | 305 | 486 | |
| Dividends paid | – | – | – | – |
| 0 | 9 | 0 | 0 | |
| 69 | 108 | 50 | 563 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- –
- 70.1×
- –
- 8.1×
- 5.8×
- -0.4%
- 0.0%
Profitability
- -2.5%
- -2.2%
- -71.4%
- -2.6%
- -0.1%
Growth
- +52.7%
- –
- –
- +52.9%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $107.14
- Range
- $77.00 – $190.00
- 3 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 11, 2026 | 0.21 | 0.15 | +40.0% |
| Feb 25, 2026 | 0.43 | 0.16 | +161.6% |
| Nov 12, 2025 | 0.64 | 0.19 | +234.7% |
| Aug 12, 2025 | 1.02 | -1.10 | +192.7% |
| Jun 5, 2025 | 0.29 | – | – |
| May 16, 2025 | 0.29 | – | – |
News
3 Dates for Disney Investors to Circle in NovemberYahoo Finance · Oct 31, 2026Stealth Bear Market Hits Crypto Stocks as Coinbase, Circle, Robinhood Fall 40-56%Yahoo Finance · Oct 29, 2026Circle lands $100 million from Binance to ramp up global USDC expansionCNBC · Sep 22, 2026YieldMax CRCL Option Income Strategy ETF declares $0.2373 dividendSeeking Alpha · Sep 17, 2026Why Circle Internet Group Stock Was Crushed TodayYahoo Finance · Sep 15, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Circle Internet Group
Is Circle Internet Group a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Circle Internet Group AI analysis
What does Circle Internet Group do?
Circle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications. It is in Financial - Capital Markets, based in New York, NY, United States, with 1,100 employees.
Does Circle Internet Group pay a dividend?
No. Circle Internet Group does not pay a dividend at the moment.
Is Circle Internet Group stock halal?
No. Circle Internet Group does not pass our halal screen: about 96% of its revenue is interest on the reserves behind USDC. How we check
How has Circle Internet Group stock done over the past year?
Down 18.8% over the past twelve months, to $62.20. It traded between $50.23 and $132.84 and is 53.2% below its high.
Who are Circle Internet Group's competitors?
The largest listed companies in the same industry are Raymond James Financial, Tradeweb Markets, Nomura Holdings and LPL Financial Holdings. The peers table on this page compares their profit, growth and price with Circle Internet Group's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



