Axon Equity

CRCL · Deep research

Circle Internet Financial, Inc.CRCL · NASDAQ · USD
DEEP RESEARCH

Circle Internet Financial, Inc. (CRCL) | FY2026-Q2 Deep Research Report

Institutional buy-side analysis of Circle Internet Financial (CRCL) for FY2026-Q2 based on SEC Form 10-Q filings, dissecting reserve asset yields, Coinbase distribution agreements, CCTP cross-chain adoption, and AI Agent settlement economics.

Fiscal year
FY2026
Period
Q2
Period end
2026-06-30
Calendar year
2026
QUARTERLY EARNINGS

Quarterly Revenue to Net Income Breakdown

FY2026 Q22026-04-01 — 2026-06-30

Band width represents value. Select an item to trace its full earnings path.

Revenue mix
Revenue
Gross profit
Operating income
Pre-tax income
Net income
Related filings

Data as of 2026-08-05

Earnings flow data · 2026-04-01 – 2026-06-30 · USD
ItemUSD
USDC Reserve Interest Income581790000
Transaction & Software Services33210000
Total Revenue615000000
Distribution & Partner Share Costs277000000
Gross Profit (RLDC)338000000
Operating & Compliance Expenses135000000
Operating Income203000000
Non-Operating Investment Income8000000
Income Before Income Taxes211000000
Provision for Income Taxes46000000
Net Income165000000

Sources: CRCL 10-Q Official SEC Filing · 2026-06-30

CRCL