CRCL - Circle Internet Group
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$94.43
DETAILS
HIGH:
$150.00
LOW:
$37.00
MEDIAN:
$100.00
CONSENSUS:
$94.43
UPSIDE:
9.27%
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 701.3 | 694.1 | 770.2 | 739.8 | 658.1 | 578.6 | 435.4 | 445.8 | 430.0 | 365.1 |
| Cost of Revenue | 576.4 | 571.7 | 598.0 | 576.9 | 910.3 | 423.3 | 373.9 | 323.0 | 316.0 | 267.9 |
| Gross Profit | 125.0 | 122.5 | 172.2 | 162.9 | (252.3) | 155.3 | 61.4 | 122.8 | 114.0 | 97.2 |
| Operating Expenses | ||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 74.9 | 63.9 | 79.3 | 51.1 | 51.0 | 34.5 | 44.2 | 37.7 | 41.4 | 31.3 |
| Other Expenses | 4.1 | 3.6 | 36.3 | 30.7 | 22.3 | 27.8 | 16.4 | 21.3 | 22.4 | 13.6 |
| Operating Expenses | 79.0 | 67.5 | 115.6 | 81.8 | 73.3 | 62.4 | 60.6 | 59.0 | 63.8 | 44.9 |
| Operating Income | ||||||||||
| Operating Income | 45.9 | 55.0 | 56.6 | 81.0 | (325.6) | 92.9 | 0.8 | 63.8 | 50.2 | 52.3 |
| Interest Expense | 0.1 | 0.0 | 0.2 | 0.4 | 0.3 | 0.3 | 0.4 | 0.5 | 0.5 | 0.5 |
| Interest Income | 14.5 | 13.7 | 16.3 | 13.5 | 10.0 | 8.0 | 8.6 | 9.3 | 8.5 | 8.4 |
| Profitability | ||||||||||
| EBITDA | 75.8 | 81.8 | 165.9 | 176.4 | (471.4) | 104.1 | 24.2 | 99.8 | 65.3 | 85.0 |
| EBIT | 45.9 | 55.0 | 140.4 | 153.4 | (485.7) | 90.2 | 10.7 | 86.7 | 52.7 | 73.4 |
| Income Before Tax | 52.3 | 56.7 | 140.2 | 153.1 | (486.0) | 89.8 | 10.4 | 86.2 | 52.2 | 72.9 |
| Income Tax Expense | 4.1 | 1.4 | 6.8 | (61.3) | (3.9) | 25.0 | 5.9 | 15.2 | 19.2 | 24.2 |
| Net Income | 48.2 | 55.3 | 133.4 | 214.4 | (482.1) | 64.8 | 3.1 | 71.0 | 32.9 | 48.6 |
| Per Share Data | ||||||||||
| EPS (Basic) | 0.19 | 0.23 | 0.55 | 0.92 | -4.48 | 1.12 | 0.06 | 1.30 | 0.61 | 0.90 |
| EPS (Diluted) | 0.18 | 0.23 | 0.55 | 0.92 | -4.48 | 0.86 | 0.04 | 0.97 | 0.47 | 0.67 |
| Shares Outstanding | 248.2 | 242.3 | 242.3 | 234.2 | 107.5 | 58.0 | 54.4 | 54.6 | 54.4 | 54.0 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 1,730.1 | 1,517.3 | 1,526.0 | 1,348.9 | 1,118.1 | 848.6 | 751.0 | 0 |
| Short-Term Investments | 1.4 | 1.2 | 0.5 | 0.5 | 0.5 | 2.2 | 14.3 | 0 |
| Net Receivables | 350.8 | 349.8 | 347.1 | 313.1 | 202.7 | 200.3 | 160.8 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 74,058.8 | 77,697.1 | 75,903.5 | 74,219.8 | 61,961.8 | 60,430.1 | 44,223.3 | (520.8) |
| Total Current Assets | 76,169.6 | 79,602.6 | 77,801.5 | 75,903.4 | 63,302.1 | 61,501.9 | 45,164.9 | 0 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 22.2 | 22.5 | 22.8 | 23.5 | 23.8 | 23.7 | 18.7 | 0 |
| Goodwill | 265.7 | 265.7 | 265.7 | 266.4 | 266.4 | 266.1 | 169.5 | 0 |
| Intangible Assets | 446.6 | 421.0 | 411.1 | 412.0 | 397.0 | 334.6 | 331.4 | 0 |
| Long-Term Investments | 210.3 | 184.3 | 170.8 | 133.3 | 118.9 | 99.5 | 115.4 | 0 |
| Other Non-Current Assets | 39.7 | 29.3 | 30.2 | 29.0 | 27.8 | 26.2 | 24.2 | 0 |
| Total Non-Current Assets | 995.8 | 934.2 | 911.7 | 877.6 | 851.4 | 760.5 | 669.5 | 0 |
| Total Assets | 77,165.5 | 80,536.8 | 78,713.2 | 76,781.0 | 64,153.5 | 62,262.4 | 45,834.4 | 0 |
| Current Liabilities | ||||||||
| Account Payables | 172.4 | 50.1 | 105.3 | 35.9 | 222.5 | 111.9 | 123.6 | 0 |
| Short-Term Debt | 0 | 0 | 36.8 | 149.1 | 206.1 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 73,183.6 | 76,793.2 | 74,931.0 | 73,283.7 | 61,112.7 | 59,993.2 | 43,744.0 | 0 |
| Total Current Liabilities | 73,602.2 | 77,055.4 | 75,328.4 | 73,701.8 | 61,730.4 | 60,289.0 | 44,031.0 | 0 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 37.4 | 40.7 | 0 |
| Deferred Tax Liabilities | 28.5 | 28.1 | 28.7 | 31.3 | 31.8 | 29.5 | 29.6 | 0 |
| Other Non-Current Liabilities | 24.8 | 24.7 | 25.3 | 24.6 | 20.4 | 1,161.5 | 1,162.6 | (1,470.7) |
| Total Non-Current Liabilities | 53.3 | 52.8 | 54.0 | 55.9 | 52.2 | 1,228.4 | 1,232.9 | (1,470.7) |
| Total Liabilities | 73,655.5 | 77,108.1 | 75,382.4 | 73,757.7 | 61,782.7 | 61,517.4 | 45,263.9 | (1,470.7) |
| Stockholders' Equity | ||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 |
| Retained Earnings | (1,189.2) | (1,237.5) | (1,292.7) | (1,426.1) | (1,640.5) | (1,158.4) | (1,223.2) | 0 |
| Accumulated Other Comprehensive Income | 6.4 | 8.4 | 14.5 | 14.7 | 15.4 | 5.4 | 3.6 | 339.5 |
| Total Stockholders' Equity | 3,508.6 | 3,427.2 | 3,329.3 | 3,023.4 | 2,370.8 | 745.0 | 570.5 | 1,470.7 |
| Total Liabilities & Equity | 77,165.5 | 80,536.8 | 78,713.2 | 76,781.0 | 64,153.5 | 62,262.4 | 45,834.4 | 0 |
| Debt Metrics | ||||||||
| Total Debt | 0 | 0 | 36.8 | 149.1 | 206.1 | 37.4 | 40.7 | 0 |
| Net Debt | (1,730.1) | (1,517.3) | (1,489.2) | (1,199.8) | (912.0) | (811.2) | (710.3) | 0 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 48.2 | 55.3 | 133.4 | 214.4 | (482.1) | 64.8 | 3.1 | 71.0 | 32.9 | 48.6 |
| Depreciation & Amortization | 29.9 | 26.8 | 25.5 | 23.0 | 14.2 | 13.9 | 13.5 | 13.1 | 12.6 | 11.6 |
| Stock-Based Compensation | 53.6 | 51.8 | 58.9 | 59.6 | 435.0 | 12.7 | 11.1 | 12.8 | 16.7 | 9.5 |
| Change in Working Capital | 386.9 | (124.3) | 77.3 | (255.7) | 118.0 | (49.1) | 83.4 | 30.5 | (21.6) | 25.2 |
| Other Non-Cash Items | (1.2) | 10.9 | (46.3) | (55.2) | 166.6 | 15.5 | (5.4) | (13.0) | 8.0 | (16.3) |
| Operating Cash Flow | 517.4 | 21.1 | 249.1 | (10.7) | 247.1 | 56.6 | 106.4 | 113.2 | 47.8 | 77.2 |
| Investing Activities | ||||||||||
| Capital Expenditure | 15.6 | (15.6) | 15.6 | (15.6) | 11.7 | (11.7) | (11.6) | (5.6) | (9.0) | (8.9) |
| Acquisitions | 0 | 0 | 0 | 0 | (0.3) | (7.4) | 0 | 0 | 0 | 0 |
| Purchases of Investments | (0.9) | (10.8) | (1.6) | (1.3) | (6.0) | (0.3) | (12.0) | 8.8 | (16.7) | (83.7) |
| Sales/Maturities of Investments | 0.1 | 0.6 | (1.2) | 0.7 | 1.5 | 0.1 | 107.3 | 65.9 | 74.9 | 99.0 |
| Other Investing Activities | (36.8) | (9.4) | (30.5) | (4.1) | (27.8) | (5.9) | (9.2) | 0 | (3.1) | (0.2) |
| Investing Cash Flow | (22.0) | (35.2) | (17.6) | (20.3) | (20.9) | (25.2) | 74.5 | 59.6 | 46.0 | 6.2 |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (3,932.7) | 1,775.8 | 1,586.7 | 12,076.6 | 955.2 | 16,262.5 | 8,484.5 | 3,332.4 | (197.9) | 7,829.6 |
| Financing Cash Flow | (3,906.5) | 1,791.3 | 1,621.6 | 12,517.7 | 1,534.0 | 16,263.1 | 8,485.4 | 3,332.4 | (197.9) | 7,829.9 |
| Cash Position | ||||||||||
| Net Change in Cash | (3,413.0) | (8.8) | 177.1 | 12,486.6 | 269.5 | 16,301.0 | 8,658.7 | 3,507.8 | (104.8) | 7,911.8 |
| Cash at Beginning | 79,206.4 | 1,526.0 | 1,348.9 | 63,075.5 | 848.6 | 44,967.6 | 36,308.9 | 32,801.1 | 32,905.9 | 24,994.2 |
| Cash at End | 75,793.4 | 1,517.3 | 1,526.0 | 75,562.1 | 1,118.1 | 61,268.7 | 44,967.6 | 36,308.9 | 32,801.1 | 32,905.9 |
| Free Cash Flow | 533.0 | 5.5 | 264.7 | (26.3) | 258.8 | 44.9 | 94.7 | 107.7 | 38.8 | 68.3 |
| Key Metrics | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 701.3 | 694.1 | 770.2 | 739.8 | 658.1 | 578.6 | 435.4 | 445.8 | 430.0 | 365.1 |
| Gross Profit | 125.0 | 122.5 | 172.2 | 162.9 | (252.3) | 155.3 | 61.4 | 122.8 | 114.0 | 97.2 |
| Operating Income | 45.9 | 55.0 | 56.6 | 81.0 | (325.6) | 92.9 | 0.8 | 63.8 | 50.2 | 52.3 |
| Net Income | 48.2 | 55.3 | 133.4 | 214.4 | (482.1) | 64.8 | 3.1 | 71.0 | 32.9 | 48.6 |
| EPS (Diluted) | 0.18 | 0.23 | 0.55 | 0.92 | -4.48 | 0.86 | 0.04 | 0.97 | 0.47 | 0.67 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 1,730.1 | 1,517.3 | 1,526.0 | 1,348.9 | 1,118.1 | 848.6 | 751.0 | 0 | ||
| Total Assets | 77,165.5 | 80,536.8 | 78,713.2 | 76,781.0 | 64,153.5 | 62,262.4 | 45,834.4 | 0 | ||
| Total Debt | 0 | 0 | 36.8 | 149.1 | 206.1 | 37.4 | 40.7 | 0 | ||
| Stockholders' Equity | 3,508.6 | 3,427.2 | 3,329.3 | 3,023.4 | 2,370.8 | 745.0 | 570.5 | 1,470.7 | ||
| Cash Flow | ||||||||||
| Operating Cash Flow | 517.4 | 21.1 | 249.1 | (10.7) | 247.1 | 56.6 | 106.4 | 113.2 | 47.8 | 77.2 |
| Capital Expenditure | 15.6 | (15.6) | 15.6 | (15.6) | 11.7 | (11.7) | (11.6) | (5.6) | (9.0) | (8.9) |
| Free Cash Flow | 533.0 | 5.5 | 264.7 | (26.3) | 258.8 | 44.9 | 94.7 | 107.7 | 38.8 | 68.3 |