earnings
confidence high
sentiment positive
materiality 0.75
Circle Q3 revenue $740M (+66% YoY); net income $214M (+202%); USDC circulation $73.7B
Circle Internet Group, Inc.
2025-Q3 EPS reported
-$1.53
revenue$1,976,410,000
- Total revenue and reserve income $740M, up 66% YoY; net income $214M, up 202%.
- Adjusted EBITDA $166M (+78%); margin 57% (+737bps).
- USDC in circulation $73.7B at quarter end, up 108% YoY; average circulation $67.8B.
- Arc public testnet launched with over 100 companies; Circle exploring native Arc token.
- Circle Payments Network: 29 FIs enrolled, 55 under review, 500 in pipeline.