Circle Internet Group, Inc.

CRCL Financial Capital Markets

Circle Internet Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, up 63.9% from fiscal 2024.

Revenue
+16.9%
EPS
−4.30%
Free cash flow
−88.7%

Quarter to September 2026, against a year earlier

69.88 6.24 −8.20%
Market cap
$17.7B
P/E
37.4×
Fwd P/E
65.3×
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Circle Internet Group, Inc. (CRCL) Free cash flow margin

Alert me on Free cash flow margin

Circle Internet Group, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 22.0%, up 4.8 percentage points from fiscal 2025 (17.3%). That is above the Capital Markets industry median of 0.00% and above the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 17.3% (0.18)
FY2024 17.4% 8.24
FY2023 9.19% —

Free cash flow margin against peers

Company Free cash flow margin
JEF Jefferies Financial Group Inc. compare 49.0%
TW Tradeweb Markets Inc. compare 47.4%
CRCL Circle Internet Group, Inc. 22.0%
HLI Houlihan Lokey, Inc. compare 15.7%
LPLA LPL Financial Holdings Inc. compare 4.94%
EVR Evercore Inc compare 0.00%
NMR Nomura Holdings Inc ADR compare 0.00%
SF Stifel Financial Corporation compare 0.00%
BMNR BitMine Immersion Technologies, Inc. compare −31,722.4%
Capital Markets industry median 0.00%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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